You know what's not fun? Using your debit card at a gas station and not knowing that a hold, or rather a "pre-authorization" is being held on your funds?
Yea, see, you go to the gas station like a good little consumer and put $20 into your tank. You go about the rest of your day taking care of business and your family. You make a run to the grocery store and go to pay with the same debit card you used to purchase the gas only to have the words "Insufficient Funds" show up in lovely red letters on the machine. Silly, you think. 'Let me run this again', you say to the clerk. Again you try, and again the mean red letters appear. I bit of panic hits you.
When you return home and call the number on the card the recorded voice tells you that it's past business hours and asks you to leave your name and number for a return call in the morning. How are you not to think/worry/panic all night about this while you wait for the call???
When the company does call they direct you to a page on their site that states: "While using our debit card at gas stations and some hotels a hold of up to $100 will be put on your account." The person on the other end of the line tells me it will take any where from 2 to 7 days for my money to be released and put back in my account.
It stinks. It sucks. And there's nothing I can do about it now.
Now I know.
Has this ever happened to you?
Yea, see, you go to the gas station like a good little consumer and put $20 into your tank. You go about the rest of your day taking care of business and your family. You make a run to the grocery store and go to pay with the same debit card you used to purchase the gas only to have the words "Insufficient Funds" show up in lovely red letters on the machine. Silly, you think. 'Let me run this again', you say to the clerk. Again you try, and again the mean red letters appear. I bit of panic hits you.
When you return home and call the number on the card the recorded voice tells you that it's past business hours and asks you to leave your name and number for a return call in the morning. How are you not to think/worry/panic all night about this while you wait for the call???
When the company does call they direct you to a page on their site that states: "While using our debit card at gas stations and some hotels a hold of up to $100 will be put on your account." The person on the other end of the line tells me it will take any where from 2 to 7 days for my money to be released and put back in my account.
It stinks. It sucks. And there's nothing I can do about it now.
Now I know.
Has this ever happened to you?