Don’t Cheat Yourself
Domains expire. Service providers typically require a credit card on file to prevent the mayhem that comes with expired domains. Most offer auto-renewal options, but you can still lose your domain with these safeguards.
Automatic billing means nothing without a valid form of payment. Your rights are nullified if the transaction is declined and the domain name becomes available for purchase. And that means anyone can purchase it, including people who intend to resell it for profit. Expired credit cards and insufficient debit card funds are often the culprits.
Thankfully, registrars send plenty of emails before your domain is up for renewal, and they’ll usually let you know if your card has expired during the auto-renewal window. As a domain owner, acting on these alerts is your responsibility. That means if you lose rights to your domain because of payment issues, it’s not for lack of effort from your registrar.