What Is “RECURRING PYMT” on My Bank Statement?

Short answer: it's Generic Recurring Payment charging you $5–$600+.

⚡ Quick Answer
Charge:RECURRING PYMT
Service:Generic Recurring Payment
Amount:$5–$600+/mo
Category:other
Legitimate:✅ Yes (if you signed up)

Also Appears As

RECURRING PAYMENTAUTO PYMTAUTOPAYAUTO PAYMENTRECURRING PMT

Why Am I Being Charged?

This generic descriptor means a scheduled automatic payment was processed. It could be any subscription, bill, or autopay setup. Check the amount and date to match it against your known bills. The full merchant name should appear nearby in the transaction details.

Common Reasons for This Charge:

How to Cancel Generic Recurring Payment

Identify the merchant first by matching the amount to your known bills. Then cancel with that specific company. You can also ask your bank to stop specific recurring ACH debits.

Don't Recognize This Charge?

Contact your bank to identify the merchant. You can place a 'stop payment' on recurring ACH debits through your bank.

🔍 Find ALL Hidden Charges on Your Statement

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CHK CARD POSPoint-of-Sale Debit PurchaseSQ *Square Payment

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📚 Related Guides

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