Credit Cards

[Repo-ed]

I know there was a thread a few months back talking about holds, and if I recall - in that thread I stated I never had a hold.  I must have been mistaken, because I just checked my account, and I have the above hold.

9.9 out of 10 times I simply pull into Costco and get my gas for my car (yesterday was that 0.1 time that I stopped somewhere else), but on my motorcyle, I'm about 50/50 between Costco and Shell....and still do not recall holds when I fill up my bike which usually comes under $10.

Can I expect this to fall-off within 7 days?

[ricefed]

Most gas stations in my area hold $1. She'll is the only that holds $99 for some reason. It will release in about 4-5 days or as soon as the cc company processes the transaction.

[adavis425]

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ricefed wrote:
Most gas stations in my area hold $1. She'll is the only that holds $99 for some reason. It will release in about 4-5 days or as soon as the cc company processes the transaction.

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Here in GA, Kroger holds $150 for a couple of days.

[Repo-ed]

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adavis425 wrote:

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ricefed wrote:
Most gas stations in my area hold $1. She'll is the only that holds $99 for some reason. It will release in about 4-5 days or as soon as the cc company processes the transaction.

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Here in GA, Kroger holds $150 for a couple of days.

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Jeezus

[Sparkz1920]

Filled up this morning...100.00 hold 

glad Its on  my credit card and not debit. I've never had it on debit 

[trumpet-205]

Some banks like BofA and Chase treat it as $1 hold, even though AMEX treat it as $100 hold.

My experience is that only Valero doesn't do holding, and actually put the real amount as hold. However Valero is not a top-tier gas, so I rarely shop gas there.

[adavis425]

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trumpet-205 wrote:

Some banks like BofA and Chase treat it as $1 hold, even though AMEX treat it as $100 hold.

My experience is that only Valero doesn't do holding, and actually put the real amount as hold. However Valero is not a top-tier gas, so I rarely shop gas there.

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I called AMEX about this this first time it happened and was told by them that the MERCHANT sets the hold amount. Whenever I've bought gas on my debit card (which I try NEVER to do), it's been a $1 hold. So perhaps the merchant recognizes the inconvenience a $100 hold on a debit card might have and sets a debit purchase at a $1 hold. Who knows?

[Watchmann]

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trumpet-205 wrote:

However Valero is not a top-tier gas, so I rarely shop gas there.

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Top Tier Gas is a marketing exercise by those that belong to it (per their own website), it has nothing to do with the ultimate quality of the gasoline.  It's just marketing.

[trumpet-205]

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Watchmann wrote:

Top Tier Gas is a marketing exercise by those that belong to it (per their own website), it has nothing to do with the ultimate quality of the gasoline.  It's just marketing.

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Top tier gas is about the amount of detergent in the gas, of course I know it has nothing to do with the quality of the gas. I rotate between my Safeway gas (which is a lot cheaper than Valero) and Shell/Chevron.

[mt2va]

I had a rather un-happy experience first time using my USAA AmEx (secured credit card) at Kroger.  They declined it and when I called USAA they explained it was because Kroger tried to put $100 hold on my $35 gas purcahse.  Funny thing is the sign at the pump says you can only spend a max of $100 on AmEx anyway so why would they try to put through such a big hold?

I normally always use my debit card and never have more than $1 hold.  I've used it at Kroger, Shell, Exxon, BP, Wal-mart, etc