# Recurring Buys

### Frequency of Recurring Buys

* You can set up your recurring buy to occur either weekly or monthly. 
* You can choose the day of each week or the date of each month when your buy will occur. 
* All recurring buys occur at 9am in the time zone your Bold account is registered.

### How to Set up a Recurring Buy:

1. In the top right of the Bold Wallet, click `Recurring buys`.

<figure><img src="/files/lJjqYbgTv1dAt4JVhs3l" alt="" width="166"><figcaption></figcaption></figure>

2. Enter the following information and click `Review` .
   1. If you have not set up a bank account, visit the [Account Linking](/checking-account/link-a-bank-account.md) page.

<figure><img src="/files/xkQjd3yb2PRK07qwGkYz" alt="" width="375"><figcaption><p>The fields required to set up your recurring buy</p></figcaption></figure>

3. On the `Confirm recurring buy` page, authorize Bold to initiate an ACH/electronic debit from your account.&#x20;
4. Click `Confirm` to finalize your recurring buy.&#x20;

<figure><img src="/files/6HgsclZHSsmmCnwuTV7z" alt="" width="375"><figcaption></figcaption></figure>

5. A pop-up will say your recurring buy was confirmed.&#x20;
   1. The button that used to be purple and say `Recurring buys` now shows the details of your recurring buy.&#x20;

<figure><img src="/files/vKqcsFQJB4SNJqUOqFUD" alt="" width="158"><figcaption></figcaption></figure>

### Editing a Recurring Buy

1. To edit your recurring buy you need to click your recurring buy that is currently set up. In this example, you would click `$10.00 of BTC Sundays 9 AM`.

<figure><img src="/files/vKqcsFQJB4SNJqUOqFUD" alt="" width="158"><figcaption></figcaption></figure>

2. A pop-up menu will appear and will include the options to `Delete` or to `Edit`.
3. Click `Edit`.&#x20;
   1. In this example, the recurring buy changed from $10 weekly to $15 monthly on every 1st of the month.&#x20;
4. Click `Review` to review the new recurring buy.&#x20;

<figure><img src="/files/RL7s8BjAMiqiIYuYiuMf" alt="" width="375"><figcaption></figcaption></figure>

5. Authorize Bold to initiate the transfer and click `Confirm` to confirm the new recurring buy.&#x20;
6. The changes in the recurring buy are displayed.&#x20;

<figure><img src="/files/PjXtoVaDfQrV3YFtsDjb" alt="" width="162"><figcaption></figcaption></figure>

### Deleting a Recurring Buy

1. To delete your recurring buy you need to click your recurring buy that is currently set up. In this example, you would click `$15.00 of BTC Monthly on the 1st`.

<figure><img src="/files/PjXtoVaDfQrV3YFtsDjb" alt="" width="162"><figcaption></figcaption></figure>

2. A pop-up menu will appear and will include the options to `Delete` or to `Edit`.
3. Click `Delete`.&#x20;
4. Click `Delete` to confirm deletion of your recurring buy.&#x20;
5. You will receive confirmation and no longer see an active recurring buy on your Bold Wallet page.&#x20;
   1. You can now set up a new `Recurring buy`.&#x20;

<figure><img src="/files/lJjqYbgTv1dAt4JVhs3l" alt="" width="166"><figcaption></figcaption></figure>

### Fees and Rewards on Recurring Buys

* Recurring buys follow the standard Bold [fee breakdown](/general/pricing-and-custody-options.md) on every purchase. Recurring buys also count toward the first $10,000 in purchases that are fee-free.
  * Any fee from your recurring buys prior to you reaching the $10,000 threshold will be automatically sent to your [Rewards](/rewards/bold-rewards.md).&#x20;

<details>

<summary>Common Recurring Buy Questions</summary>

### When will My Recurring Buy Execute?&#x20;

Your recurring buy will execute at 9:00 AM on the chosen date in your chosen timezone based on the address you used to verify your account!

### Why Would I Set a Recurring Buy?

Setting up recurring buys in your account enables you to stop worrying about timing the market and instead focus on, time in the market. Bitcoin has historically had most of its annual gains in only a few days out of the year.

Enabling a recurring buy lets you capture the ebbs and flows of the market without having to think about when you specifically want to purchase.&#x20;

### Why Did My Recurring Buy Fail?

There are many reasons why a recurring buy can fail and they primarily relate to not possessing enough money in your bank account. Examples of potential scenarios where a recurring buy would fail are outlined below:

* If you have $200 in your bank account and submit a $100 weekly recurring buy, the Bold recurring buy will successfully purchase the first week and deduct $100 from your account leaving $100 remaining. Assuming you make no other purchase with the money in this account, Bold will deduct another $100 on the second week for the second recurring buy leaving $0 in the account. On the day of the third recurring buy, the buy will fail because the linked account does not have enough money to cover the purchase.&#x20;

</details>


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