SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chispas who wrote (36730)9/8/2005 5:19:17 PM
From: Elroy Jetson  Read Replies (2) of 116555
 
Chevron stations place a $1 hold on credit cards regardless of the actual amount of the purchase.

The one dollar authorization makes sure the card is valid.

I can't imagine why a gas station would need to place a larger authorization on the card.

I would imagine if the actual charge puts the credit card holder over their credit limit, the Chevron station still gets paid and the card holder is simply over their limit.
.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News