How can I update my payment method for loans or membership?

Updating Your Loan Payment Method

Updating your payment method for MoneyLion loans is easy! Here’s how it’s done:

  1. From the app's Home screen, tap the Loans tab at the bottom.
  2. Then choose “Active” from the menu at the top of the screen.
  3. Next, select the loan for which you want to update the payment method.
  4. Then tap the “Update Payment Method” button.
  5. Finally, choose one of the payment methods from the list.

Need to add a new payment method? No problem. Here's how:

  1. At step 5 above, select “Add payment method" and select the account type you want to add (Note: For loan payment methods, we only accept “Bank Account” as an account type.) 
  2. Follow the prompts to add your account. Once you’ve successfully added a new payment method, it will show up on your payment method list for you to select.

Updating Your Membership Payment

Updating your payment method for your membership is simple and very similar to above!

  1. Go to the app's Home screen and tap on your profile photo on the upper left. 
  2. Next, select “Membership” from the menu. 
  3. Under “Membership Management,” tap on “Manage my membership.”
  4. Hit “Update my payment method”
  5. Finally, choose one of the payment methods from the list.

Need to add a new payment method? Here's how:

  1. At step 5 above, tap on “Add payment method” and select the account type you want to add. (Note: For membership payments, we only accept “Bank Account” as an account type.) 
  2. Once you’ve successfully added a new payment method, it will show up on your payment method list for you to select.
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