Article by:
Fox59
(NewsNation) — Gas prices have started to slowly inch downwards, but drivers are still feeling the pinch at the pump — this time from their credit or debit cards.
It’s no consumer secret that gas stations place a pre-authorization hold amount on credit or debit cards for some purchases. But as gas prices have risen, so have the holding fees.
When gas prices originally started skyrocketing, gas stations increased the “hold amount” for consumers who use credit or debit cards to pay for gas. That change could cost you more money if you can’t cover the hold. Read full breaking news article here.
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