Debit Cards at Gas Pump Splooge Your Bank Account
Watch out when using the debit card at the gas pump. Some banks will “block out” $50-$75 on your card until the transaction clears.
For the unaware with low balances, this could result in bounced checks.
To avoid your funds getting tied up, you have a few options:
- Pay with cash.
- Pay with credit card.
- Don’t be broke.
“Hosed at the Gas Pump — By Your Debit Card” [MSN Money] (Thanks to Tham!)
UPDATE: The San Francisco Chronicle did a piece on this same thing over a year ago. (Thanks to Jason!)
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