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I've seen it happen quite a few times lately from different stores (dollar stores, wal mart, gas stations, etc... ) It makes me a little uneasy. Can anyone explain why this happens?

2006-07-18 11:43:43 · 2 answers · asked by Anonymous in Business & Finance Personal Finance

2 answers

The first charge you see is actually a hold that the merchant puts on your account. They just want to make sure the money is available. After a day or so, the hold drops off. That is the reverse you see. Then finally, the last charge you see is the money actually coming out of your account and being transferred to the merchant.

2006-07-18 11:49:32 · answer #1 · answered by Taffi 5 · 0 0

I would first check to see if there is a pattern of one company doing this. Secondly are the recharges for the same amount. You need to contact your bank for further investigation. They should have someone that handles this kind of thing.

2006-07-18 18:47:38 · answer #2 · answered by cmhc32 3 · 0 0

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