# Updating Your Payment Method

> How to update the card on file for your account.

- Web page: https://documentation.federated.computer/platform/coreplatform/billing/updating-your-payment-method/

Only **Owners** and **Admins** can update the payment method on file. Your payment method is used for all charges that exceed your account balance, as well as balance top-ups.

## How to Update Your Card

1. Go to **Billing** in the dashboard.
2. Click **Update Payment Method**.
3. Enter your new card details in the secure card form.
4. Save. The new card becomes your default payment method immediately.

> **Important:** Keep your payment method up to date to avoid missed payments and potential account suspension. If a billing charge fails due to an expired card, the platform will retry, but each failed attempt delays service renewal.