Note: No funds will be transferred at this time. Setting up Online Bill Payment authorizes your bank to transfer funds from your account only when you complete a payment request each month.

Enrollment or Changing Bank Account

You can make an Online Payment once you enroll. Your payment will credit to your account as described in the paragraph titled “Same Day Crediting”. If you use a bank account for the first time, we may hold the available line of credit equal to the payment for up to 3 business days.

Payments

You can only make one online payment per day. You may schedule future payments as far as 45 days in the future.

If you do not make one Online Payment at least once every eighteen (18) months, you may have to re-register your bank account as though using it for the first time.

If a scheduled payment exceeds the current balance at the time of execution, you agree that we will reduce the scheduled payment amount to the amount of your current balance.

Same Day Crediting

The payment cutoff time for Online Bill and Phone Payments is midnight ET. This means we will credit your account as of the calendar day, based on Eastern Time, that we received your payment request.

Please Note: Any payment made on a weekend or holiday will be applied as of the day you make it. However, it will not be posted until the next business day. Your available credit will be updated and your payment account will be debited once your payment has posted.

If we receive your request to make an online payment by midnight ET, we will credit your payment as of that day. If we receive your request to make an online payment after that time, we will credit your payment as of the next day.

If any electronic payment is returned unpaid by your financial institution for any reason, we may charge, and you agree to pay, a returned payment fee. You may also be charged a late fee based on the terms and conditions of your Card Agreement. Subsequent scheduled payments may also be canceled.

Authorization

By authorizing Online Bill Pay, I authorize Citibank, N.A. to initiate an electronic payment from my bank account and I authorize my bank to honor the withdrawal. This authority is for my Overstock account noted above and is to remain in effect until canceled in writing by Citibank, N.A., my financial institution, or me.