Domain investors with valuable domain name assets need to have a solid business continuity plan. Simply having domain names on auto renew connected to an active credit card with a far out expiration date doesn’t solve the issue of domain name renewals in the short term.
In order for a credit card to continue functioning, monthly payments need to be made. Monthly credit card payments can be set to auto-pay, so domain names continue to be renewed and the credit card is automatically paid each month. However, in order or all of that to work, there needs to be enough cash in the connected bank account to cover the bill each month.