Banks earning money from petrol stations.

stclair

maxfactor wrote: »

Do you ever go to Asda or Tesco and put petrol in your car and pay at the machine,with a debit or credit card ?

I think a warning is in order for this.

Use your card for any other purchase and it will start pending straight away,use it at a pay and go machine and the bank will not even have any knowledge you have even made a transaction,it wont pend for at least a day,making you think you have money you didnt realize you had.

A nice little earner for the bank on overdraft charges.:eek:

Is the onus not on the account holder to keep track of there spending?

stclair

maxfactor wrote: »

Quick reply,and I do keep extremely good track of my finances!
But I rang the bank as I do regularly,sometimes it is possible to overlook something,(only human)
Hence you ring the bank only to be told yes you are within your limit.
Im having a telephone call listened to because of this.
And I was charged for the OD.
It doesnt pend genious everything else does.

Some times the bank will not see pending transactions !!

hoyles10

vikingaero wrote: »

I don't think it does. I have a prepaid Euro Mastercard that I load for holidays. Sometimes when I come back I get rid of the balance by buying petrol at Tescos and when I insert it, the machine only authorises, the amount left on the card whether it's £90 or £31.

It may just be credit cards then. Come to think of it i've used a debit card before now and it's told me I could only have what I have in my account but every time i've used a credit card it's told me I have £70.

jamespir

maxfactor wrote: »

!!! on mate I live on the edge I new I had £5.00 in my bank,hence fiver on petrol.
Ring bank !
Please sir has this £5 made me go overdrawn.No Madam !
Not telling me about the petrol pay and go method doesnt immediately start pending like other purchases.
Maybe Im not putting my point across in an understandible fashion.
EVERYTHING pends but not pay and go petrol stations.
End of,and now to be moving on !!!!!!!!

it doesent matter you knew you only had a fiver and you spent it on petrol regardless of what tesco's machine has done

you should not spend that 5 er agian

bap98189

Hang on. People are complaining because money wasn't taken out of their account quickly enough. :rotfl::rotfl::rotfl::rotfl: