[HN Gopher] As gas prices surge, stations now hold up to $175 of...
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       As gas prices surge, stations now hold up to $175 of your money
       when you swipe
        
       Author : bookofjoe
       Score  : 15 points
       Date   : 2022-06-27 20:12 UTC (2 hours ago)
        
 (HTM) web link (www.wsj.com)
 (TXT) w3m dump (www.wsj.com)
        
       | bookofjoe wrote:
       | 'ExxonMobil gas station $175 credit card hold'
       | 
       | https://www.reddit.com/r/personalfinance/comments/tt033j/exx...
        
       | marklubi wrote:
       | Don't use a debit card if you can avoid it, especially for
       | purchases at the pump. You're just asking for more trouble from
       | skimmers.
        
       | helsinki wrote:
       | Yes, I have to regularly induce a $175 hold in NYC to put two
       | gallons of gas in my motorcycle. It is ridiculous.
        
       | tengbretson wrote:
       | Hopefully others follow suit. The $125 that the places near me
       | put on hold isn't enough to fill my tank anymore.
        
         | Symbiote wrote:
         | > 2021 GMC YUKON XL: 106 litre fuel tank
         | 
         | Average US price: $1.37/litre, total $145.
         | 
         | Although the average price somewhere in California is
         | $2.06/litre, or $300 for that tank.
         | 
         | Here in Denmark, it would be $380.
        
         | esotericimpl wrote:
        
         | gruez wrote:
         | It's a trade off. On one hand you don't want customers to be
         | forced into making two transactions, but on the other you don't
         | want to tie up $150 of a customer's cash , which can be
         | especially bad if they're living paycheck to paycheck and only
         | have a few hundred in the bank account.
        
       | bookofjoe wrote:
       | https://archive.ph/OC2Tl
        
       | ars wrote:
       | If you want to avoid this, you can go inside and request a
       | specific dollar amount, and they'll charge exactly that. (And the
       | pump will shut off at the right moment.)
       | 
       | I guess it would be nice to have a way to request a gallon or
       | dollar amount at the pump, but I've never seen a pump able to do
       | that.
        
         | gruez wrote:
         | ...or use a credit card. That way the hold is applied to your
         | credit (ie. not your cash) rather than your checking account
         | (ie. your cash).
        
           | csomar wrote:
           | But people with credit card are probably living available
           | limit to available limit. Their credit limit is their cash.
        
             | malsanton wrote:
             | is this sarcasm? That's a wild generalization of people who
             | use credit cards
        
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       (page generated 2022-06-27 23:02 UTC)