Will the renewal payment (payment 1 of 12 for the new service contract-term) appear as pending with the daily renewal method?
No.
Payments which are automatically scheduled and collected by the system will appear as pending (scheduled), 2-7 days prior to the actual debit-date. There is one exception - when the plan-account auto-renews.
When a plan-account is enabled to auto-renew, there will not be a pending payment visible until the day of renewal or Current Services Start on date: .