Hold Your
Hold Your
How long does your credit/debit card hold your money after you pay at the pump?
Seems like it varies from station to station. One my wife goes to takes 50.00 out , plus the amount of gas you get. Then , usually in one to two days, the 50.00 is back in the account.
One station, that we won't use again, held 50.00 for seven days!
What gives?
With modern technology, they should get authorization imediatly. And not hold your money.
Here's what happens
they get the Authorization immediately - the $50
that's why you can pump gas
BUT - the credit card company only releases it back to you
once the gas company has submitted their charges
you do not 'lose' any money, just the availability to charge other things
which is tough if you are "at limit"
yeah - seems like it takes forever to come back
my balance is zero every month - - - - - -
and I have not paid any interest on my currect card for the
two years I have held it
all the best
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Hold your Colour
