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$150 sounds about normal. I put gas into a motor home with an 85 gallon tank. Generally the pumps will cut off once or even twice before the tank is full — sometimes at $100, sometimes at $125, sometimes at $150
They don’t actually charge the extra, so once get over the initial shock of thinking you got stolen from, this is not a real problem (unless you’re running your card right up to the ragged edge of your credit limit.)
So it's basically yet another way to screw over poor people? Gotcha.
It's mostly to prevent people using a prepaid card from buying more gas than the card has funds for.
I feel like this one is more just total indifference to the screwing over of poor people, rather than active attempts.
It’s not like rearranging the order of your daily back transactions to put deposits and small withdrawals last, where they’re creating more overdrafts on purpose to extract more fees from poor people. That one really steamed my gizzard back when I was living paycheck to paycheck. That was active malice.
This one is not making them any money. It’s more of a casual “I want to make sure nobody rips me off by taking gas they’re credit card won’t cover, and I don’t give any shits about how that makes poor people unable to buy gas and groceries on the same day “
They're making a fortune in interest this way.
Not so.
The gas station putting the hold on was never getting any interest anyway.
The credit card company is not getting interest because a temporary hold is not a purchase.