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Article #139733

Re: Hold on Funds in account

#139733
From: kozmo
Date: Sat, 06 Jun 2009 12:57
38 lines
2955 bytes
On Jun 6, 9:50 am, "Rick Walker" <R...@WR.com> wrote:
> "dockyard" wrote:
> > Hi folks  just wondering if i am the only person who was not aware of
> > this issue .
> > When I purchase gas at the pumps and use speed pass or tap my card to
> > charge the purchase to my PC M/C  then PC financial will put a
> > $100.00
> > hold on my account .
> > I noticed when trying to reconcile my account on line that i was
> > 100.00 out . I called and they said i purchased 39.00 worth of gas
> > and
> > had a hold on the account of 100.00.
> > It would be removed in 5-7 days . They said it was company policy for
> > all purchases done at the pumps. If i wished to avoid the hold i
> > should pay inside the station . thus avoiding the convenience of pay
> > at the pump  . I had a BMO M/C and don't think they did this .
> > Of course I had a larger credit limit and maybe never noticed it  .
> > Switched to get
> > PC points instead of air miles . too bad if you have a very low
> > Credit
> > limit and need alot of gas
>
> The bastards!  I'd skip the convenience factor and hike inside to pay,
> dockyard.  That's $100 that you can't use and they can; not that a lot of
> interest is going to accumulate on $100 over a week, but if everybody did
> that it sure would be a nice amount for PC to have to play with.
>
> The more I think about it, why would they "round up" to $100 on a $39
> purchase?  It's not like the price you paid is going to suddenly increase or
> something.
>
> That would piss me off enough to change banks again.
>
>     - Rick

thats why i dropped PC financial as well.
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From: kozmo <novascroller@gmail.com>
Newsgroups: hfx.general
Subject: Re: Hold on Funds in account
Date: Sat, 6 Jun 2009 05:57:47 -0700 (PDT)
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