ping Your Debit Card At The Pump Could Put A Huge Hold On Your Checking Account

When customers pay by debit card, it's a common practice in the hotel and restaurant business to put a hold on their account for an estimated amount of the purchase. That way, there is still flexibility for you to write in a tip or to cover any other ancillary costs. Now, more and more gas stations are taking this approach for debit card customers who swipe at the pump, putting holds in the range of $50 to $100 that can linger on your account for days.

More »