![]() |
| If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|||||||
| UK Finance (uk.finance) Discussion about Finance issues in the UK. |
|
|
Thread Tools | Display Modes |
|
#1
|
|||
|
|||
|
I've noticed on my Santander bank statement that they are re-issuing cards
with the Santander logo on them Does anyone know if they are going to be replacing them with Visa Electron (Which I currently have) or a Visa Debit card? TIA. |
| Ads |
|
#2
|
|||
|
|||
|
Quote:
There is no difference in how retailers block debit vs credit cards.
__________________
Credit Card Debt Relief |
|
#3
|
|||
|
|||
|
Jehnavi gurgled happily, sounding
much like they were saying: I've noticed on my Santander bank statement that they are re-issuing cards with the Santander logo on them Does anyone know if they are going to be replacing them with Visa Electron (Which I currently have) or a Visa Debit card? When you use plastic at some retailers (gas stations in particular), they 'block' your card. This means they authorize and reserve money in your account - typically $50 to $100. They don't know exactly how much you'll buy, but they want to make sure you can afford it. If you only buy $20 worth of gas, they won't release the remaining amount immediately -- it can take several days. During that time, you don't get to use the blocked money and you might bounce checks or incur overdraft charges. There is no difference in how retailers block debit vs credit cards. Just to recap - you don't know what "uk" in the newsgroup name means, you don't understand the basics of usenet, and you don't understand the question he asked. So why, exactly, did you answer it? FWIW, I'd doubt that the OP will get another Electron card. They were stopping issuing them to new customers as of last year. I'd doubt they'll differ from that with replacements, but it's possible. |
|
#4
|
|||
|
|||
|
"Jehnavi" wrote in message ... When you use plastic at some retailers (gas stations in particular), they 'block' your card. This means they authorize and reserve money in your account - typically $50 to $100. They don't know exactly how much you'll buy, but they want to make sure you can afford it. If you only buy $20 worth of gas, they won't release the remaining amount immediately -- it can take several days. During that time, you don't get to use the blocked money and you might bounce checks or incur overdraft charges. There is no difference in how retailers block debit vs credit cards. Eh???? what are you on about???? |
| Thread Tools | |
| Display Modes | |
|
|