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Thursday, August 14, 2025

Financial institution of America Updating Their Invoice Cost System On August twenty third


On August 23, 2025, Financial institution of America is updating their invoice cost system. Funds and auto-pay set as much as pay a BofA card by way of the previous Invoice Pay system can be cancelled.

Apparently, BofA has a convoluted method to arrange auto-pay to pay their very own bank cards, and it should be performed by means of a separate Invoice Pay system as an alternative of immediately. After August twenty third, hopefully the system can be streamlined for ease of use.

Necessary be aware: any funds or auto-pays arrange throughout the present system for August twenty third and past can be cancelled.

So far as I perceive: This solely impacts funds constituted of throughout the Invoice Pay system to pay BofA playing cards. In the event you use the Invoice Pay system to pay different payments it alls stay the identical (e.g. in case you have a BofA checking account and pay your Chase invoice or your Verizon invoice trough BofA Invoice Pay).

E mail Topic: “Beginning August 23, we’re altering the way in which you make funds to your private bank card in Cellular and On-line Banking”

Beginning August 23, we’re altering the way in which you pay your private Financial institution of America bank card — right here’s what it is advisable to know

We’re altering the way in which you make bank card funds in Cellular and On-line Banking. The enhancements we’re making to Pay & Switch will assist you to have higher management over your funds.

As part of these modifications, beginning August 23, you’ll now not be capable of use our Invoice Pay Service to pay your private Financial institution of America bank card.

We’ll cancel any one-time or recurring funds arrange by you or one other particular person in your behalf to your private Financial institution of America bank card which are scheduled to course of within the Invoice Pay Service on or after August 23. Moreover, any one-time or recurring funds you scheduled to course of on or after August 23 within the Invoice Pay Service to pay one other particular person’s private Financial institution of America bank card can be canceled.

In the event you do cancel your cost(s) and need to schedule a one-time cost to course of earlier than August 23, you are able to do so in Cellular or On-line Banking by deciding on Pay & Switch and clicking Switch.
Right here’s what else it is advisable to know

    • In case you have any scheduled funds set to course of on or after August 23, it is best to cancel them. To cancel a cost, go to our Invoice Pay Cost Middle, find your scheduled cost and click on Cancel.
    • In the event you obtain private Financial institution of America bank card eBills and cost reminders by means of the Invoice Pay Service in the present day, they’ll be canceled. You possibly can enroll in comparable alerts at bankofamerica.com/alerts.
    • You’ll nonetheless be capable of use the Invoice Pay Service to pay your different payments, however your private Financial institution of America bank card will now not be listed as an eligible payee.

Listed here are a number of the enhancements we’re making

Beginning on August 23, you’ll discover some modifications in Cellular and On-line Banking:

    • To make it simpler for you, every thing it is advisable to pay and handle your card can be beneath the Pay & Switch tab.
    • In Pay & Switch, all your cost exercise can be in a single place.
    • You’ll be capable of arrange recurring funds that higher align to your assertion dates and balances.
    • You should utilize an exterior account in Pay & Switch to pay your bank card.

Hat tip to reader Jack

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