Automatic renewal offers several benefits, making it an attractive option for many individuals. This guide will show you to enable automatic renewal of subscriptions.

We’ll also delve into advantages and drawbacks, along with some tips for effectively managing subscriptions with automatic renewal:

Advantages of Automatic Renewal

1. Convenience

The primary advantage of automatic renewal is convenience. Opting for this feature eliminates the need to renew your subscriptions manually.

Beneficial for services or products you regularly use, such as streaming platforms, software licenses, gym memberships, or magazine subscriptions. 

Automatic renewal ensures that your access or benefits continue uninterrupted without effort.

2. Peace of mind

With automatic renewal, you can enjoy peace of mind, knowing that you won’t miss out on the advantages provided by your subscriptions. 

For instance, if you’ve subscribed to a streaming service, you won’t have to worry about losing access to your favorite content due to forgetting to renew. 

It eliminates the inconvenience of reactivating subscriptions or missing exclusive content or features.

3. Reduced administrative tasks

Automating the renewal process eliminates the administrative tasks associated with manually renewing subscriptions. 

You don’t have to remember to renew, log in to multiple accounts, or enter payment details repeatedly. 

Simplifies your subscription management and reduces administrative burdens.

4. Avoiding late fees

Automatic renewal helps you avoid late fees or penalties that may be imposed for missed or delayed payments. 

The subscription provider promptly handles the renewal process, ensuring you get all payment deadlines. 

Saves you from incurring additional costs and maintains a good relationship with the service provider.

5. Uninterrupted service

Automatic renewal ensures that you retain continuous access to the benefits provided by your subscriptions. 

You won’t experience disruptions or downtime, as the renewal process occurs seamlessly without your intervention. 

Especially crucial for essential services like cloud storage, antivirus software, or productivity tools.

Drawbacks of Automatic Renewal

1. Cost:- If you forget to cancel a subscription you no longer use or require, you’ll continue billed for it. It’s crucial to regularly review your subscriptions to ensure you’re only paying for what you truly need.
2. You may not be aware of price changes. If the price of a subscription increases, you may not be notified if you actively check your account. This means you could pay more for a subscription than you originally intended.
3. Your credit card information could be compromised. If someone gets your credit card information, they could use it to renew your subscriptions without your knowledge.

To enable automatic renewal on Truehost;

1. Login into your client area.

Fill in your correct details or use Google or Facebook to sign in. Once logged in, proceed to choose the service.

In this case, we’ll set a domain to auto-renew. On the domain section, select manage the domain, and this will show up.

As it shows, the domain isn’t set to auto-renew. Change this by clicking Enable Auto Renew.

2. Enable Auto Renew,

And just like that, your service is set to auto-renew. With this, your service will ever be active!

Tips for managing Auto Renewals

1. Have a subscription list- create a comprehensive list of all your subscriptions, including their renewal dates. By organizing your subscriptions, you can easily track when they are due for renewal and make informed decisions about whether to continue or cancel them.
2. Set renewal reminders- alerts on your calendar or phone to review your subscriptions before they automatically renew. Allows you to reassess your subscription needs, ensuring you’re not paying for services you no longer utilize or require.
3. Review Credit Card statements- check for unauthorized charges or unfamiliar subscriptions. If you notice any suspicious activity, immediately contact your bank or credit card provider to investigate and resolve the issue.
4. Take advantage of Trial periods- sign up for them before committing to the automatic renewal. Lets you evaluate the service firsthand and determine if it meets your expectations and requirements. 
5. Opt for Email notifications- this will ensure you receive timely updates about upcoming renewals, changes in subscription plans, or any critical information related to your subscriptions. Regularly check your email inbox, including spam or promotional folders, to stay informed.

The choice to use automatic renewal ultimately comes down to your preferences, level of comfort with potential dangers, and the convenience it provides for handling your subscriptions.

Get started today and keep yourself ahead. If you encounter difficulties, refer to the support documentation or contact the service provider’s customer support for assistance.

Remember to regularly review your subscriptions and assess their value to ensure they continue to meet your needs.