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i made 2 gas purchases in the last 2 days....and filled up and on my statements it does not appear..it shows i payed a dollar at both places...how does that work out?

2007-02-23 13:21:17 · 7 answers · asked by nycgreekguy004 1 in Business & Finance Credit

i def wont ask...im glad and all.

2007-02-23 13:23:50 · update #1

no problem at all..just asking!

2007-02-23 13:27:55 · update #2

i made many purchases after that.

2007-02-23 13:30:58 · update #3

7 answers

It is approved initially for $1.00 because the approval goes through before you pump the gas (unless you go over your limit regularly, then it will be denied). The amount is not known until the system downloads the information from the bank that the gas station uses to your bank. depending on the time of day your purchase is made it can take up to 4 days for the exact amount to show up (the station downloads once per day, and the bank downloads once per day). If you notice the transaction is also listed on the statement as "pending". Your looking at your statement online, because all "pending" transactions are cleared before the paper statement goes out.

2007-02-23 13:36:24 · answer #1 · answered by Mike M. 5 · 1 0

Hotels place a hold against your credit line untill you check out ,to make sure the money will be there.Check with your issuer to see if something like this is going on.

2007-02-23 21:28:57 · answer #2 · answered by Anonymous · 0 0

that happened to me too. I think the dollar purchase is just to put a hold on your card. Then later, they should deduct the correct amount.

2007-02-23 21:25:13 · answer #3 · answered by westsida 4 · 0 0

than whats the problem??? it was your lucky days!!!!
worry when the card is debit, not when its not charged
wake up

2007-02-23 21:26:25 · answer #4 · answered by amanda 2 · 0 0

I wouldn't ask any questions.

2007-02-23 21:23:19 · answer #5 · answered by Brandon T 2 · 0 0

may i ask why you was buying gas?

2007-02-23 22:37:05 · answer #6 · answered by themalator 2 · 0 0

I dont know but when you find out please tell me.

2007-02-23 21:25:52 · answer #7 · answered by Afrolicious35 4 · 0 0

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