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How Does the Electronic Bank Transfer Program and Auto Credit Card Renewal Program Work?

April 26, 2017Auto Bank credit card electronic program renewal transfer

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How Does the Electronic Bank Transfer Program and Auto Credit Card Renewal Program Work?

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Answer The Electronic Bank Transfer (EBT) Program enables you to debit your checking account on or about the 15th of each month. So, for example, if you are a Silver Member ($125/year) participating in this program, your checking account will be debited $10.42 per month for 12 months. All Terrapin Club memberships are due in full by June 30th. If you begin the EBT program after June 30th you will be sent a balance due for the remainder of your pledge. Terpoints for gifts made via the EBT program are awarded as the Terrapin Club receives each monthly payment. For more information please contact the Terrapin Club office or e-mail terrapinclub@umd.edu. Electronic Bank Transfer Application. A personal credit card can also be charged a set amount each month. Credit Card Authorization Application.