Unwanted charges: How to avoid falling victim to surprise subscription renewal fees
Financial experts at Bankrate found that more than half of U.S. adults with a subscription service have been hit with unwanted charges.
CHICAGO (WLS) -- Signing up for a free trial may seem like no big deal until you forget to cancel and are being billed monthly for a service you no longer want or use.
A new survey from financial experts at BankRate found that 51% of U.S. adults with subscription services have received unwanted charges on their credit card bills.
Here are the expert tips to avoid them:
Track your subscriptions: Go "old school" and use a spreadsheet or similar tool to track subscriptions you're paying for. Avoid the free trial trap: Signing up for a free trial? Set up a calendar alert to cancel a few days before the trial ends.Turn off auto-renewals: For services that bill annually, it's easy to lose track. Turn off auto-renewal so you can choose to cancel before being hit by a big bill automatically.If you already got dinged by an unwanted charge, try picking up the phone and contacting customer service to get it removed.Copyright © 2024 WLS-TV. All Rights Reserved.
