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Buying gas via credit could temporarily dent your available credit by $151

GasBuddy Blog -- Long have we heard complaints from some of our users that some gas stations have been putting significant holds on customers who choose to use credit cards. While I had never personally seen such a thing happen to me, I was "lucky" enough to have it happen to me last weekend.

I pulled into a travel stop in Burns Harbor, Indiana, on a motorcycle, with a measly 4.5 gallon tank. I only needed to top off, so I bought just a couple gallons of gasoline, left, and didn't think much of my $12 purchase.

After looking at my credit card transactions online later that afternoon I learned that the travel center in question put a massive $151 hold on my credit card- all for $12 in gasoline. In past situations, I'd notice a $1 pre-authorization...


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Submitted Oct 26, 2012 By: PD
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Author Topic: Buying gas via credit could temporarily dent your available credit by $151 Back to Topics
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borsht
Champion Author Oakland

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Message Posted: Nov 29, 2012 4:57:46 PM

IMHO, If you have a credit card and pay off the balance every month, the credit card is the way to transact small business.. Debit cards and cash are too much of a nuisance.
dockersbin
Veteran Author North Carolina

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Message Posted: Nov 29, 2012 11:45:09 AM

It has been like this for years. I know because it happened about 6 years ago to me. I now only use credit cards while travlling.
jwalkerh
Champion Author Louisiana

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Message Posted: Nov 29, 2012 9:46:47 AM

Use the credit card instead of the debit card...
sackman
Champion Author North Carolina

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Message Posted: Nov 29, 2012 8:10:42 AM

Hmmmm
99dakota
Champion Author Providence

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Message Posted: Nov 28, 2012 4:18:40 AM

Old news. This is why you use credit, not debit...
SuziLew
All-Star Author California

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Message Posted: Nov 19, 2012 5:08:22 PM

Wow. One more reason to have a higher account balance on trips.
txrojo2005
Champion Author Austin

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Message Posted: Nov 19, 2012 4:21:22 PM

This is the first time I have heard of this situation.

[Edited by: txrojo2005 at 11/19/2012 5:21:49 PM EST]
gasokie
Champion Author Oklahoma

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Message Posted: Nov 19, 2012 2:00:02 PM

It's good they do this..just makes sense for them to continue it. It's for our own protection in a very risky operation...using our credit cards.

I was having a coffee break down at the nursing home where my mom is and with this bunch of underpaid nurses-aids and they were griping about the high price of gas for their gas guzzling clunkers when this blonde girl says: "I don't worry about the prices anymore...nothing I can do about it she continues....just buy what I need and I just pay so much a month." We all just looked at her. Happiness is.......being blonde.
Radicalrose
Sophomore Author Modesto

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Message Posted: Nov 18, 2012 7:25:29 PM

interesting......
Gas4Gore
Champion Author Detroit

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Message Posted: Nov 17, 2012 2:02:57 PM

Only if you pay interest on it.
wayne2nd
Rookie Author Champaign

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Message Posted: Nov 12, 2012 10:17:33 AM

That sucks glad its never happened to me.
DucatiRider
Rookie Author Maryland

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Message Posted: Nov 5, 2012 10:21:31 AM

How is it so hard for this to be instant. If I go to Taco Hell and get a burrito, the correct value posts in about 5 minutes.
Karisholman
Veteran Author Nevada

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Message Posted: Nov 4, 2012 2:47:08 PM

This is preferable to being limited to putting say $50 on the credit card which does not fill the tank. But I can certainly see why this could hurt some customers with small limits or ight on credit. Their card might be declined ina situation where they need the credit.

dcone2
Champion Author Los Angeles

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Message Posted: Nov 3, 2012 2:13:22 PM

ok
honda0105
Champion Author Tallahassee

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Message Posted: Nov 3, 2012 9:00:45 AM

sandra: some of it is probably exchange fees too.
sandraK
Champion Author Grand Rapids

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Message Posted: Nov 3, 2012 7:03:01 AM

I got a $90 hold in Canada.Took a week for it to correct to the $40 I really got.I was in panic mode.
paulweb
Champion Author Ohio

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Message Posted: Nov 2, 2012 8:52:12 PM

I've seen the $1 hold, never $151. The card we mostly use is a Visa with a fairly large credit line.
mayzz
Rookie Author Memphis

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Message Posted: Nov 2, 2012 6:54:05 PM

That's total BS, man something should be done to gas station owners that practice that kind of crap.
laskiblue
Rookie Author Riverside

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Message Posted: Nov 2, 2012 3:00:30 PM

When I am short on gas and short on money from other sources, it's hard to find gas stations that allow me to use the debit card I have associated with online payments to me because, for whatever reason, it's a Master Card, not a VISA. Apparently using a Master Card is seen as more risky to the gas station than using a VISA. Who knew?
nstrdnvstr
Champion Author Twin Cities

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Message Posted: Nov 2, 2012 2:19:37 PM

That hold is the equivalent of almost 40 gallons of gas. Not any vehicles have gas tanks that big.
honda0105
Champion Author Tallahassee

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Message Posted: Nov 2, 2012 4:43:02 AM

gigi: you'd think...
KAR120CSII
Champion Author Oregon

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Message Posted: Nov 1, 2012 9:17:50 PM

Wow. Who woulda thought?
gigigas2012
Rookie Author Dallas

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Message Posted: Nov 1, 2012 8:14:28 PM

This has been going on for years, not new! By now all consumers should know about holds and debit cards.
Donatelo
Champion Author Dayton

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Message Posted: Nov 1, 2012 2:29:20 PM

ok
CapriceWagon
Champion Author Washington

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Message Posted: Nov 1, 2012 10:35:25 AM

I haven't had a problem with it lately, it seems like 5 or 10 years ago they'd put a $50 or $100 hold on money in your card, which would really screw you if you didn't have a lot of money in your account
prcoqui
Champion Author Maryland

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Message Posted: Nov 1, 2012 5:43:04 AM

Unbelievable.
honda0105
Champion Author Tallahassee

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Message Posted: Nov 1, 2012 4:42:00 AM

MiCargo: Methinks it wasn't $1, but $151. For many people in today's world, that's a lot of money. May even make the difference between overdraft and not.
jim27106
Champion Author North Carolina

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Message Posted: Oct 31, 2012 11:36:24 PM

BS. It is the gas station that determines the hold.
MiCARgo
Veteran Author Akron

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Message Posted: Oct 31, 2012 11:35:09 AM

It seems the card co. wants to be sure they get their money. I still do not mind the $1 hold fee.
MOREDLEG
Champion Author Missouri

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Message Posted: Oct 31, 2012 11:12:20 AM

I never had this happen,
dfred65
Rookie Author Georgia

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Message Posted: Oct 31, 2012 8:49:54 AM

I have had the 75.00 hold before, but not 151.00, wow, what if you are running close to maximum credit limit, would the hold cause a denial of credit, or start up an over the limit fee?
honda0105
Champion Author Tallahassee

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Message Posted: Oct 31, 2012 4:56:45 AM

MntryBG: It is many card issuers, but not all. Don't think it's a California thing.
dcone2
Champion Author Los Angeles

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Message Posted: Oct 30, 2012 10:13:37 PM

ok
MntryBayGal
Rookie Author Salinas

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Message Posted: Oct 30, 2012 8:45:40 PM

I have never had this happen to me, and have no knowledge of it. Maybe CA is different? I usually rent a car when out of state and of course have to fill it up, but still have not had it happen. hmmmm I have a CC that I get airline miles on. The cash back ones are junk in my opinion, because there is a cap as to how much you can get back. The problem out here in the larger cities (in So Cal like LA area, San Jose, San Fran) the prob with debit cards can be people stealing your info and pin #. Then again, I know no one personally that this has happened to.
captcarl5
Champion Author Pennsylvania

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Message Posted: Oct 30, 2012 12:48:02 PM

pay with credit its safer and youcould get reward points
Donatelo
Champion Author Dayton

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Message Posted: Oct 30, 2012 10:58:24 AM

ok
MATTC64
Rookie Author Michigan

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Message Posted: Oct 30, 2012 7:51:45 AM

this sucks
honda0105
Champion Author Tallahassee

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Message Posted: Oct 29, 2012 11:07:07 PM

nightworker: that's pretty cool. Around here, NO ONE has that.
honda0105
Champion Author Tallahassee

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Message Posted: Oct 29, 2012 11:05:29 PM

danny, in some cases, who would want to carry that much cash? It takes a lot to fill some larger vehicles, esp. diesel trucks being used for towing utility trailers. They often have 30+ gallon tanks and at $4+/gal for diesel, it gets pretty expensive pretty fast.
honda0105
Champion Author Tallahassee

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Message Posted: Oct 29, 2012 11:01:39 PM

18&L: Debit cards are subject to the same hold charges.
18andLife
Sophomore Author Charleston

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Message Posted: Oct 29, 2012 9:43:08 PM

This is an unacceptable practice, even worse than the $1-1.50 charge for paying at the pump, I assume because the gas pump is an unapproved ATM. This may be a reason my bank stopped using Visa, and switched all ATM/Debit cards to MasterCard. This practice has to stop!
danny1460
Sophomore Author Atlanta

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Message Posted: Oct 29, 2012 9:33:39 PM

Better than subtracting $151 from your checking account..If your credit is that maxed out or so low of limit you should be paying cash anyway!
mantarran
Rookie Author Colorado

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Message Posted: Oct 29, 2012 8:32:45 PM

These days everything affects your credit......... Total B.S.
1OILMAN
Champion Author Alabama

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Message Posted: Oct 29, 2012 12:15:16 PM

It is NOT the retailer but the Credit Card Company, usually Visa.
honda0105
Champion Author Tallahassee

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Message Posted: Oct 29, 2012 4:56:36 AM

rickfro: not so b/c the money isn't really "money" until there is some time lapse.
truvoice1
Champion Author San Diego

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Message Posted: Oct 29, 2012 4:33:00 AM

Be smart, use cash. Every time you use a debit or credit card you are leaving a 'paper trail' that allows big brother and all of the world's marketing companies to know where you shop and what you bought. Who needs that? Take control of your life and who gets to peak into you personal buying habits!
tomok
Champion Author Portland

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Message Posted: Oct 29, 2012 2:08:28 AM

Buying gas via credit could temporarily dent your available credit by $151? I have never had a credit card hold happen to me but the practice should be stopped! I use a cash back credit card for everything, I use their money for a month and it's paid off every month. This extra charge should be illegal, fines imposed for businesses that don't stop and avoid those stations at all cost in the future.
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
rickfro
All-Star Author San Diego

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Message Posted: Oct 28, 2012 6:51:51 PM

It makes sense, but it should come right off when the transaction is complete.
remay
Champion Author Houston

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Message Posted: Oct 28, 2012 5:29:58 PM

Wow! Guess I better start checking more often!
Endoman5000
All-Star Author Michigan

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Message Posted: Oct 28, 2012 4:07:39 PM

Not cool. Should be illegal.
GasHunter0007
Veteran Author California

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Message Posted: Oct 28, 2012 12:43:58 PM

Doesnt' make sense why such a high $$$ is put on hold on the credit card even though it's only there for a few hours. Something's fishy here.
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