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Visa Pumps Up Automatic Hold on Gas Purchases

6/16/2011 12:00 AM

Category: Other News

Starting June 18, 2011, customers paying for gas with Visa cards may see a hold of up to $125 whenever they use an automated fuel dispenser. This is an increase from the previous hold amount of $75.

Regardless of the amount of gas purchased, the hold could be as much as $125 on your account for up to three days. The actual purchase amount will replace the hold when the merchant processes the sale.

This hold applies to both credit and debit card purchases.