Family Money Auto-Renew and Payment Authorization Terms
Effective February 1, 2021
The following are the Family Money Auto-Renew Authorization Terms shown in the app:
By scrolling to the bottom of the Auto-Renew Terms and clicking “ACCEPT” and continue to link your Funding Account(s) you acknowledge and agree that you have read and agree to: the Family Money Terms of Service, MCB Cardholder Agreement, and Free Trial Terms, and that YOU AUTHORIZE METROPOLITAN COMMERCIAL BANK (“MCB”) TO CHARGE YOUR FAMILY MONEY CARD ACCOUNT (“WALLET”), OR IF SUFFICIENT FUNDS ARE NOT AVAILABLE, DEBIT BY ACH ANY OF YOUR EXTERNALLY LINKED FUNDING ACCOUNT(S), $5.99/MONTH (“MONTHLY FEE”) THEREAFTER AT THE END OF YOUR 30-DAY FREE TRIAL PLUS ANY OTHER APPLICABLE CHARGES AT THE START OF EACH BILLING PERIOD (REFER TO “ACCOUNT SETTINGS” FOR BILLING DATE), UNTIL YOU CANCEL. YOU CAN CANCEL OR CHANGE YOUR FUNDING ACCOUNT(S) AT ANY TIME BY GOING TO “ACCOUNT SETTINGS” IN THE APP. Canceling stops the recurring charge for the Monthly Fee, but doesn’t refund the Monthly Fee, or any portion of the Monthly Fee, or other charges for the then current billing period, except as required by law. You can continue to use Family Money until the end of the then current Billing Period. Click here for a Schedule of Family Money Fees and Charges, which is in the MCB Cardholder Agreement. Check with your bank for any fees that may apply from moving funds as part of Family Money. The bank transactions could include withdrawals, deposits, returns, declines or transfers.