Not yet. Auto-renew charges a card stored on the membership, and Members cannot store a card until card payments are connected. That has not happened yet.
On the member record, the Membership section reads "Auto-renew is off · no card on file." Turn auto-renew on only appears on the More menu when a card is on file, so you will not see it. On Renewals, the Auto-renew column shows Off.
Settings such as Retry a failed card after, days in Organization Settings → Terms & renewal rules have no effect until cards can be stored.
For now, renewals work through renewal notices and payments you record: use Renew for member, or Record payment against the renewal invoice when the money arrives.