In article >,
George > wrote:

> Dan Abel wrote:
> > In article >,
> > Robert Klute > wrote:
> >
> >
> >> Yes, the gas station does put a hold on the card for an agreed upon
> >> amount. I should have been explicit about that, sorry. The agreed upon
> >> amount will depend upon the station, as will the amount you can pump.
> >> Large chains will sometimes take on some additional risk and allow the
> >> customer to pump more than the automatic hold amount.
> >
> > I'm going to guess that if you own a big rig that customarily takes 100
> > gallons at a time, and you go to a fueling station that caters to
> > trucks, with the extra wide and extra tall spaces for fueling, that the
> > limit isn't US$70 or anything close to that.
> >
>
> Family member works at a logistics company. They issue CCs to all of
> their drivers and they had to explicitly have the limits raised when
> fuel prices shot up.

The hold is for a specific transaction. The credit limit is for a card.
This can cause problems. If you have a US$5000 credit limit and the gas
station, credit card company and pump put a US$50 hold on your account;
the pump will stop at US$50. The other problem is if you have a US$1000
credit limit, but already have an existing balance of US$980, and just
want US$5 worth of gas until you get paid the next day; if you want to
go to that same pump, your transaction may be rejected because it wants
to put a US$50 hold on your card and that exceeds your credit limit.

--
Dan Abel
Petaluma, California USA