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What are these £1 items i have bought
saver_1_2
Posts: 285 Forumite
in Credit cards
I have an Asda credit card,have done for 3 months and is my first credit card. I was looking at my balance which is 2k and i had just paid off my last statement in full so should have had 2k again,However the balance read £1,998.I rang the helpline to ask why the foreign Gentleman said i would not be charged £2 this is not a transaction it is something Santander do to see if your card is working okay and the £2 will be added back to your balance on your next statement.
As i have said this is my first credit card but this seems a bit odd or do all credit card companies do this?
All i can do is wait but keep checking my online balance and transactions.
Regards.
As i have said this is my first credit card but this seems a bit odd or do all credit card companies do this?
All i can do is wait but keep checking my online balance and transactions.
Regards.
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Comments
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I have an Asda credit card,have done for 3 months and is my first credit card. I was looking at my balance which is 2k and i had just paid off my last statement in full so should have had 2k again,However the balance read £1,998.I rang the helpline to ask why the foreign Gentleman said i would not be charged £2 this is not a transaction it is something Santander do to see if your card is working okay and the £2 will be added back to your balance on your next statement.
As i have said this is my first credit card but this seems a bit odd or do all credit card companies do this?
All i can do is wait but keep checking my online balance and transactions.
Regards.
Some retailers don't process the full value of a transaction for an authorisation, they will just put through £1 to check lost/stolen, the value will be placed on the end of day report.These are my thoughts and no one else's, so like any public forum advice - check it out before entering into contracts or spending your hard earned cash!
I don't know everything, however I do try to point people in the right direction but at the end of the day you can only ever help yourself!0 -
Thanks for that hippey. All the purchases i have made last month have all been paid off in full last week when i received my online statement. I don't mean to sound thick but is this the card company doing the checks with the £1 or are you saying that the companies i have made transactions with have not debited the full amount because they have.
Regards and thanks again.0 -
Also if you add your card to your paypal account or any number of other accounts that keep a record of your card, e.g. mobile phone, sainsburys groceries, etc, they all charge £1 to the card to make sure it's fully valid before adding it to your profile.
It's very common to have a pound or two reserved (and that's all it is, a reservation not transaction) for a somewhat not memorable reason, don't worry about it
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