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Amex BCE/BCP outrageous gas preauthorization?

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Anonymous
Not applicable

Re: Amex BCE/BCP outrageous gas preauthorization?

I hit $200 the last time I was at the gas station, so it's really not that outrageous with gas prices these days.  I think the pre-authorization amount is set by station.  I usually have to swipe at least twice because stations cut off at certain amounts.  Some are like $100, but some are higher like $150 or $200.  I'd guess that for those cards that are only holding $1 that the issuer is recognizing it as a gas pre-authorization and choosing to only hold that $1 instead of whatever the gas station requested.

Message 11 of 26
Anonymous
Not applicable

Re: Amex BCE/BCP outrageous gas preauthorization?

I won't even use an Amex at the pump because of it. More annoying is the pre-auth charge hands out a week or more.... mocking me!! Smiley Happy

Message 12 of 26
Anonymous
Not applicable

Re: Amex BCE/BCP outrageous gas preauthorization?

I always get a $125 pre-auth with my BCE.

No biggie, it rolls off in a day or two.

Message 13 of 26
crunching_numbers
Valued Contributor

Re: Amex BCE/BCP outrageous gas preauthorization?

My local station is usually $110 for Amex. Takes 2-3 days to clear. Same amount for Gold as BCP.  Problem is it will be out there as pre-auth and then I pay the rest of my BCP charges in full, and the charge comes through WITH the bill and is my statement total. 3% back is worth it though.


Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 844(9/15) EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 (9/15)EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (24.8K), BofA Travel Rew Sig (22.5K), B&N World MC (22.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (20K),United Mil+ExpSig (16.3K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig (8.6K), Disc It (16.4K), Citi Dia Pref MC (3.7K),Sam's MC (10K), Wally (7.5K), JCP(5.3K), Costco (2K)
Message 14 of 26
andre181
Established Contributor

Re: Amex BCE/BCP outrageous gas preauthorization?

Interesting. I rarely get gas on either of my AMEX cards, but when I do, its always a $1 pre-auth at Casey's General Store.

 

I use Discover if its 5% or BoA Cash Rewards when Discover isn't 5%. Both pre-auths are always $1 on those too.

Discover IT $35K | FNBO Visa $30K | Cash+ Visa Sig $19.5K | Southwest Premier $16K | Priceline $15K | Citi Forward $14.3K | US Bank Plat $14K | Commerce Bank $13K | CSP $13K | CSR $10K | Sallie Mae World MC $10K | Lowe’s Consumer 10K | BoA Cash Rewards 1-2-3 Sig $7.5K | Fidelity Visa $7K | Citi Double Cash $6.5K | WF Cash Back Visa $5.4K | Capital One Cash Rewards $5K | AMEX BCE $3.9K | Freedom $2.5K | Younkers/Comenity $2.4K | Kohl’s 1.5K | Target $1.4K | EX FICO (from AMEX): 768, TU FICO (from Discover): 797, AAoA: 4.4 years
Message 15 of 26
Imhotrodcrazy
Valued Contributor

Re: Amex BCE/BCP outrageous gas preauthorization?

I have had my BCE for about 4 months now and use it for gas all of the time.  I have always been charged the exact amount of the gas purchase only, ( never a pre-auth ),  and I swipe my card at the pump.

FICO 08
TU 842 12/8/18
EX 840 12/29/18
EQ 842 12/8/18
(NASA 30K) ( Amex 44k ) ( Freedom 10.6K ) ( US Bank Cash+ 20k, LOC 15k ) Winners never quit, and quitters never win
last app 2/15
Message 16 of 26
Creditaddict
Legendary Contributor

Re: Amex BCE/BCP outrageous gas preauthorization?

I feel like back when HUGE SUV' were the in thing and then gas started going up over $4 heading over $5, I use to see at the pump if gas goes over $50 the pump will stop and you will have to restart ( I saw it for $75 also) The sign always said it was a Visa or MC thing... but I always used Amex and never had a pump stop!

But like other said my QX at $50 used to be about $100, so depending where you live and just how huge of SUV you still driving $200 isn't that big of deal, unless as one said they have the $200 hard limit with Zync.

Message 17 of 26
Coldness
Contributor

Re: Amex BCE/BCP outrageous gas preauthorization?

Always $110 at the Shell stations around here. I could see it being a pain with a debit card / checking account if you don't keep much in it, but for a credit card I could care less. Suppose it depends if you have a low limit card you like to use, though.
Message 18 of 26
Anonymous
Not applicable

Re: Amex BCE/BCP outrageous gas preauthorization?

I keep well under my credit limit so the high preauth is not an issue. Just surprised considering a full tank on my Civic runs only about $40.

Message 19 of 26
LS2982
Mega Contributor

Re: Amex BCE/BCP outrageous gas preauthorization?

Got gas on my Zync at the Royal Farms store and a $100 pre auth is there now.... Smiley Very Happy




EQ FICO 548 3/3/16
Message 20 of 26
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