Automatic Electronic Payment Enrollment Agreement
Last updated April 10, 2026
To complete your request for enrollment into the Automatic Electronic Payment (“AutoPay”) program, please read the terms and agree to the information below. You will receive confirmation at the time that you enroll in the AutoPay program.
We offer several AutoPay options. See additional detail below for each option and follow the requirements to confirm your acceptance of the AutoPay agreement and request for enrollment. The AutoPay amount will automatically be paid on the date you request (no earlier than 10 days before your due date) or otherwise on your account due date (if your due date falls on a Saturday, Sunday or holiday, we’ll make your payment on the next business day).
If you choose Minimum Payment: The MINIMUM PAYMENT DUE, as shown on the monthly statement. When your account statement shows that your account is Past Due, you must make a payment outside of AutoPay for the total amount of the minimum payment due as displayed on that statement to bring your account current. Note that AutoPay will still process for the current Minimum Payment Due; however, this amount may not be sufficient to bring your account current. You must make an additional payment outside of AutoPay for any remaining past due amount.
Important information regarding payment option: The AutoPay amount will never be more than the Minimum Payment Due. However, it may be less because payments, returned purchases, and other credits can reduce the AutoPay amount if they post to the account between the Closing Date and the date your payment is processed.
If you choose Statement Balance: The STATEMENT BALANCE is shown on the monthly statement as New Balance. This amount includes the full revolving credit amount plus any monthly installment payment that is due.
Important information regarding payment option: The AutoPay amount will never be more than the New Balance. However, it may be less because payments, returned purchases, and other credits can reduce the AutoPay amount if they post to the account between the Closing Date and the date your payment is processed.
AutoPay Discount
If you opt into AutoPay, you will be eligible to receive a 0.25% reduction in your interest rate. This discount will be applied after your first successful autopayment.
Any existing fixed rate conversion draw will remain subject to the interest rate in effect at the time it was created. If AutoPay remains active, the discount may apply to future FixedPay draws, and the rate options presented to you at that time will reflect the AutoPay discount.
You may lose the AutoPay discount in the billing cycle subsequent to any of the following events:
- An ACH debit pursuant to your AutoPay is returned for any reason.
- You cancel your AutoPay.
Acceptance of AutoPay agreement and request to enroll in AutoPay
Please carefully read the following and click on the Accept button to indicate that you have accepted the terms of the AutoPay agreement and have requested enrollment.
Please enroll this account in the AutoPay Program. I voluntarily authorize Trovy Lending Co., its service providers, successor or assigns, which may include a third-party servicer (collectively known as “Trovy”), to enroll this card account in the AutoPay program and initiate automatic ACH debit entries to the financial institution account (“Bank Account”) identified by me as the account from which I will make payments to Trovy. I also authorize Trovy to electronically credit or debit my Bank Account to correct erroneous debits or credits, or to issue any necessary credits owed to me, if necessary. If an ACH debit entry for the AutoPay Amount is returned by my financial institution due to insufficient available funds, Trovy may reinitiate an ACH debit entry for that AutoPay Amount up to two (2) additional times after the initial presentation. Trovy is not responsible for any fees my financial institution charges me in connection with this AutoPay Authorization (including without limitation fees for insufficient funds, overdrafts, and stop payments).
I confirm that I am authorized to initiate transfers from the designated account and I authorize such transactions from that account each month, via automatic electronic withdrawal. I also understand that the amount of the payments may vary each month and that the monthly statement will be the only notice of the AutoPay amount to be deducted.
I understand that Trovy must receive the request to amend or revoke this authorization at least three (3) Business Days prior to the next Payment Due Date for the payment to be stopped. I also agree that Trovy may terminate this authorization if it is unable to successfully initiate one or more ACH debit entries for the total Autopay Amount or if it is notified of a bankruptcy filing that impacts the Bank Account or any collateral that secures the line of credit subject to this authorization.
If you wish to cancel AutoPay or have any questions regarding the AutoPay program, please access your online account.