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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#1
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Credit card over the limit declined
I have two credit cards, one for my business and one personal.
For both, I pay them in full every month and my current debt is way under my credit limit on both. And yet, today, at a gas station, both cards were declined due to "OVER THE LIMIT". I am curious as to why it happens. I have always carried cash on me, so I was able to pay for gas, but I am puzzled as to why it is happening. I absolutely dread the future prospect of a so called "cashless society", promulgated by greedy banksters, and this sort of stuff is a part of the reason. Cash is a very useful thing, for many reasons, but cash cannot hire lobbyists and banks do have lobbyists. Still, I want to know what is happening behind the scene as to those transactions that are being rejected. Thanks i |
#2
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Credit card over the limit declined
On Tue, 10 Jan 2017 10:29:53 -0600
Ignoramus8887 wrote: I have two credit cards, one for my business and one personal. For both, I pay them in full every month and my current debt is way under my credit limit on both. And yet, today, at a gas station, both cards were declined due to "OVER THE LIMIT". I am curious as to why it happens. I have always carried cash on me, so I was able to pay for gas, but I am puzzled as to why it is happening. I absolutely dread the future prospect of a so called "cashless society", promulgated by greedy banksters, and this sort of stuff is a part of the reason. Cash is a very useful thing, for many reasons, but cash cannot hire lobbyists and banks do have lobbyists. Still, I want to know what is happening behind the scene as to those transactions that are being rejected. Thanks i There used to be a limit here for how much you could pay at the pump. It use to be $80 if I remember correctly. If you stayed under that amount it went through. You could go into the station with your card first I believe and process the card there. Here are a couple articles. They are old but should help explain it... http://abcnews.go.com/Business/story?id=4962033&page=1 https://consumerist.com/2008/08/11/s...he-pump-limit/ https://en.wikipedia.org/wiki/Pay_at...t_to_consumers -- Leon Fisk Grand Rapids MI/Zone 5b Remove no.spam for email |
#3
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Credit card over the limit declined
On 2017-01-10, Leon Fisk wrote:
On Tue, 10 Jan 2017 10:29:53 -0600 Ignoramus8887 wrote: I have two credit cards, one for my business and one personal. For both, I pay them in full every month and my current debt is way under my credit limit on both. And yet, today, at a gas station, both cards were declined due to "OVER THE LIMIT". I am curious as to why it happens. I have always carried cash on me, so I was able to pay for gas, but I am puzzled as to why it is happening. I absolutely dread the future prospect of a so called "cashless society", promulgated by greedy banksters, and this sort of stuff is a part of the reason. Cash is a very useful thing, for many reasons, but cash cannot hire lobbyists and banks do have lobbyists. Still, I want to know what is happening behind the scene as to those transactions that are being rejected. Thanks i There used to be a limit here for how much you could pay at the pump. It use to be $80 if I remember correctly. If you stayed under that amount it went through. You could go into the station with your card first I believe and process the card there. Here are a couple articles. They are old but should help explain it... http://abcnews.go.com/Business/story?id=4962033&page=1 https://consumerist.com/2008/08/11/s...he-pump-limit/ https://en.wikipedia.org/wiki/Pay_at...t_to_consumers Leon, I was indeed trying to pay INSIDE. i |
#4
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Credit card over the limit declined
"mike" wrote in message
news ...Seems you can't buy/return/buy the same item with your credit card. If I'd been out of town and dependent on that card, I'd have been screwed. Harbor Freight handles extended warranties bought after you've checked the thing out by "returning" it and selling it a second time, along with the warranty. My Visa card hasn't been refused, yet. |
#5
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Credit card over the limit declined
On Tue, 10 Jan 2017 12:06:45 -0600
Ignoramus8887 wrote: On 2017-01-10, Leon Fisk wrote: On Tue, 10 Jan 2017 10:29:53 -0600 Ignoramus8887 wrote: [...] There used to be a limit here for how much you could pay at the pump. It use to be $80 if I remember correctly. If you stayed under that amount it went through. You could go into the station with your card first I believe and process the card there. Here are a couple articles. They are old but should help explain it... http://abcnews.go.com/Business/story?id=4962033&page=1 https://consumerist.com/2008/08/11/s...he-pump-limit/ https://en.wikipedia.org/wiki/Pay_at...t_to_consumers Leon, I was indeed trying to pay INSIDE. It was just a guess... Did some searching with "chase card". Wow, a lot of disgruntled users. One thing I did notice is that a lot of them payed off their monthly balances in full and yet till got declined for small purchases. All sorts of tales of woe he https://www.consumeraffairs.com/cred...ds.html?page=2 -- Leon Fisk Grand Rapids MI/Zone 5b Remove no.spam for email |
#6
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Credit card over the limit declined
On 01/10/2017 1:10 PM, mike wrote:
.... I bought an item at home depot. It was broke, so I took it back for a replacement. They wouldn't swap it. Had to return it for credit and buy the new one again. But the credit card was declined and locked. I had to go home and call the CC company to get it turned back on. Seems you can't buy/return/buy the same item with your credit card. If I'd been out of town and dependent on that card, I'd have been screwed. Something other than just a return must've triggered it or you've got an exceedingly picky CC issuer. I return stuff all the time via CC and never had any such issue (including on occasion the case you mentioned, altho most times it's a swap or straight return). |
#7
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Credit card over the limit declined
On 01/10/2017 11:49 AM, Leon Fisk wrote:
.... There used to be a limit here for how much you could pay at the pump. It use to be $80 if I remember correctly. If you stayed under that amount it went through. You could go into the station with your card first I believe and process the card there. ... A buddy who had local Mobil distributorship until just recently once told me that those limits were set somehow in the pump firmware and transferred along w/ the specific card data to the issuer when the approval request went... It's real pita when can't even fill a vehicle on an unattended island, though, fer shure. |
#8
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Credit card over the limit declined
On Tuesday, January 10, 2017 at 2:35:59 PM UTC-5, Leon Fisk wrote:
On Tue, 10 Jan 2017 12:06:45 -0600 Ignoramus8887 wrote: On 2017-01-10, Leon Fisk wrote: On Tue, 10 Jan 2017 10:29:53 -0600 Ignoramus8887 wrote: [...] There used to be a limit here for how much you could pay at the pump. It use to be $80 if I remember correctly. If you stayed under that amount it went through. You could go into the station with your card first I believe and process the card there. Here are a couple articles. They are old but should help explain it... http://abcnews.go.com/Business/story?id=4962033&page=1 https://consumerist.com/2008/08/11/s...he-pump-limit/ https://en.wikipedia.org/wiki/Pay_at...t_to_consumers Leon, I was indeed trying to pay INSIDE. It was just a guess... Did some searching with "chase card". Wow, a lot of disgruntled users. One thing I did notice is that a lot of them payed off their monthly balances in full and yet till got declined for small purchases. All sorts of tales of woe he https://www.consumeraffairs.com/cred...ds.html?page=2 -- Leon Fisk Grand Rapids MI/Zone 5b Remove no.spam for email My wife tried buying some flowers for her mother by telephone for Christmas, and both her Chase card and a Cap. One card were rejected. It turns out that neither one would accept telephone charges on a chip card. The florist didn't seem to know that, or possibly she didn't use the 3-digit code on the back of the card. It was a small-town florist that doesn't get many phone orders. -- Ed Huntress |
#9
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Credit card over the limit declined
On Tue, 10 Jan 2017 15:35:58 -0400, Leon Fisk
wrote: On Tue, 10 Jan 2017 12:06:45 -0600 Ignoramus8887 wrote: On 2017-01-10, Leon Fisk wrote: On Tue, 10 Jan 2017 10:29:53 -0600 Ignoramus8887 wrote: [...] There used to be a limit here for how much you could pay at the pump. It use to be $80 if I remember correctly. If you stayed under that amount it went through. You could go into the station with your card first I believe and process the card there. Here are a couple articles. They are old but should help explain it... http://abcnews.go.com/Business/story?id=4962033&page=1 https://consumerist.com/2008/08/11/s...he-pump-limit/ https://en.wikipedia.org/wiki/Pay_at...t_to_consumers Leon, I was indeed trying to pay INSIDE. It was just a guess... Did some searching with "chase card". Wow, a lot of disgruntled users. One thing I did notice is that a lot of them payed off their monthly balances in full and yet till got declined for small purchases. All sorts of tales of woe he https://www.consumeraffairs.com/cred...ds.html?page=2 Their rates are ghastly, especially if you miss a payment or go overlimit. Some of the cards out nowadays (from all companies) are so high they would have been considered _usurious_ when I took Business Law in high school. 34% is the highest I've seen. And if those aren't bad enough, CC Cos get $39 a pop for late payments, returned checks, and overlimit fees, plus hitting you with the highest rates they state for 6-12mos afterward, if late. I learned early on to pay off the balance monthly, and to pay the max I could until the balance was paid off after an emergency buy. -- I have never understood why it is "greed" to want to keep the money you have earned, but it is not greed to want take someone else's money. --Thomas Sowell |
#10
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Credit card over the limit declined
On Tue, 10 Jan 2017 10:29:53 -0600, Ignoramus8887
wrote: Still, I want to know what is happening behind the scene as to those transactions that are being rejected. Easy. The pump puts a reserve on your card of anywhere from about $75 to over $200. You pump your fuel and the actual amount is charged. In a couple of days (while they use your money), the reserve is lifted and the actual amount charged. If you buy gas several times a day, you can easily max out a card that doesn't have a lot of head room. John John DeArmond http://www.neon-john.com http://www.tnduction.com Tellico Plains, Occupied TN See website for email address |
#11
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Credit card over the limit declined
On Tue, 10 Jan 2017 15:35:58 -0400, the renowned Leon Fisk
wrote: Did some searching with "chase card". Wow, a lot of disgruntled users. One thing I did notice is that a lot of them payed off their monthly balances in full and yet till got declined for small purchases. All sorts of tales of woe he https://www.consumeraffairs.com/cred...ds.html?page=2 Yes, I use a Chase card occasionally because it has no foreign transaction fee (save 2.5%). They are very skittish so I don't ever depend on it. --sp -- Best regards, Spehro Pefhany Amazon link for AoE 3rd Edition: http://tinyurl.com/ntrpwu8 |
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