FAQs: How to Authorize Third-Party Direct Debits
How is third-party direct debit different from Fidelity BillPay®?
Direct debit is a payment option that allows a third party to withdraw money directly from your account to pay a bill. This transaction and the deduction are controlled by an outside third party. With Fidelity BillPay, you request the payment from your account. You are responsible for initiating payments to make sure your bills are paid on time and in the correct amount.
What accounts are not eligible?
Workplace savings plans, non-brokerage accounts (account numbers containing 2 letters, such as 2AB-345678), 529 college savings plans, Portfolio Advisory Services (PAS) accounts, and health savings accounts (HSA) are not eligible for this service.
What account number do I give the third-party vendor?
Learn how to Determine Your Routing and Account Number.
What if I need to change or cancel my third-party direct debit?
To change a direct debit or cancel a scheduled payment, you'll need to contact the third-party vendor to request the change.