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Article #139741

Re: Hold on Funds in account

#139741
From: Brian Smith
Date: Sat, 06 Jun 2009 13:34
24 lines
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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

	Interesting. I use Speed Pass and the only charges that appear on my CC 
Statement are for the amount of the purchases for which the Speed Pass 
was used.
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From: Brian Smith <Halifax@NovaScotia.Canada>
Newsgroups: hfx.general
Subject: Re: Hold on Funds in account
Date: Sat, 06 Jun 2009 10:34:04 -0300
Organization: Datemas.de http://news.datemas.de
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