7 Ways To Protect Yourself Against Credit Card Blocking

Credit card blocking occurs when a business places a hold on your credit card for a reservation such as a hotel or rental car. When you use your credit card at registration, the clerk will contact your credit card company and provide your credit card company with an estimated total of your bill. If the transaction is approved, that amount is held in reserve. In addition to the actual cost of the hotel room, the clerk may add on reasonable “incidental” costs for items such as food or gasoline. Using credit card blocking means that the company can be assured that your bill will be paid.
If you pay the bill with the same credit card used when you checked in or returned the car, the purchase will replace the block usually in 1 or 2 days. However, if you pay using a different credit card or with cash the block may be held for up to 15 days after you’ve checked out. This happens because your credit card company was not notified that you used another form of payment and assumed they had to continue to hold that amount in reserve on your credit card.
Here are seven […]

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