this post was submitted on 10 Dec 2025
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Actually Infuriating
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This looks ok, so that the merchant can be certain of payment. If putting a hold has bad effects otherwise, then that's the infuriating part
That's fine in normal cases when holds get removed in a timely fashion. The problem is there aren't any rules ensuring that's the case. Companies can take 3-5 days to clear that hold, which could allow a low balance account to overdraft despite having enough money for all real charges.
These holds are becoming the new charge structuring scam by banks.
That's fucked, but not really the fault of this company guarding against customers trying to not pay with virtual cards or whatnot