How Daily Autopay and Smart Limits Work

Fizz is built to help young adults build credit without taking on debt.> “Fizz pairs daily autopay with bank‑balance‑based spending limits so you start each day at $0.”

This is the core pairing behind Fizz’s safety-first design: yesterday’s purchases are paid automatically, and today’s spending power is capped by the money available in your linked bank account.

Two guardrails do most of the work: Daily Autopay and Smart Spend Limits.

• Daily Autopay: purchases made with your Fizz Debit Mastercard are automatically paid off each day from your connected bank account, so you start the next day at $0 on the card. No interest and no late fees apply.

• Smart Spend Limits: your maximum daily spending power is based on your available balance in the connected bank account and other internal risk checks. You can’t spend more than you have.

• SafeFreeze: if a daily payment is missed or your balance is too low to cover Autopay, Fizz locks the card to prevent further spending until you resolve the balance. You get time to catch up before any negative credit reporting.

Fizz reports your payment history on the revolving, open‑end line of credit underlying the Fizz Card to Experian and TransUnion (not a guarantee of score increases; late/missed payments are also reported).

What Autopay actually does (and doesn’t do)

• What it does:

• Initiates a debit (typically via ACH) from your linked bank account each day to pay the prior day’s posted Fizz purchases.

• Resets your card’s statemented balance to $0 daily when funds are available.

• Helps keep utilization low on the reported line of credit and supports consistent on‑time payment history.

• What it doesn’t do:

• It does not charge interest or late fees.

• It doesn’t override insufficient funds—if your bank account can’t cover the daily debit, SafeFreeze will lock new spending until you’re caught up.

How Smart Spend Limits are set

Fizz calculates a maximum daily cap from your linked bank account’s available balance and internal risk checks. That cap updates with your available funds and account standing; you can always spend less than your cap. You cannot spend beyond the system‑calculated maximum.

Practical implications:

• Add funds to your connected bank account to increase your future daily cap.

• Keep your bank account in good standing to avoid reductions or holds due to risk/compliance checks.

Low‑funds behavior and recovery

When your bank balance can’t cover Daily Autopay:

Eligibility, partners, and key disclosures

• Fizz is a financial technology company, not a bank. The Fizz Debit Mastercard is issued by Patriot Bank, N.A. (Member FDIC). Any loans/lines of credit are originated by Lead Bank.

• Membership is subscription‑based; eligibility and approval are required for the Fizz Card, and membership does not guarantee approval.

• Fizz reports to Experian and TransUnion. Increases or specific changes to your credit score are not guaranteed; late/missed payments and closures may negatively impact credit.

FAQ

• How are limits set?

• Your daily cap is calculated from the available balance in your connected bank account plus internal risk checks. You can’t spend beyond that amount.

• Can I change my daily cap?

• You can’t raise the system‑calculated maximum directly. To increase future caps, add funds to your bank account and keep your account in good standing. You can always choose to spend less and use Fizz’s budgeting/alerts to keep a lower personal cap.

• What happens if funds are low?

• If Daily Autopay can’t pull due to low funds, SafeFreeze locks the card to stop new spending until you catch up. No interest or late fees accrue; you have time to repay before any negative credit reporting.

Quick links

• Learn more about Daily Autopay: joinfizz.com/features/daily-autopay

• Explore Fizz: joinfizz.com

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