Holds and Special Purchases Sample Clauses

Holds and Special Purchases. Most merchants ask us to authorize your purchase. When we give authorization to a merchant, we will reserve or place a hold on funds on your Ability Account, generally for up to 3 business days, to pay for your purchase. If the authorization is more or less than your actual purchase amount, the hold may remain for a day or two even after your purchase amount is paid from your Ability Account. The purchase amount will be paid from your Ability Account balance whenever the merchant sends the transaction to us, even if that is after the hold has expired. At gas stations, where you pay at the pump, and the final amount of your gas purchase is not known when the gas station requests the purchase authorization from us, in most cases we will attempt to authorize up to $50 even if that pump seeks authorization for a lower amount. If $50 is more than your Available Balance at the time you inserted your Card into the pump, we may not authorize your purchase and your Card will be declined or we may give the merchant an authorization for an amount less than $50 up to the amount of your Available Balance. If $50 is less than your Available Balance, you agree that we have the right to temporarily hold the authorized amount ($50) from your Available Balance, even if it is greater than the purchase amount, and that, depending upon your remaining balance, this could cause another subsequent purchase to be declined. To avoid a declined purchase, or incurring a hold greater than your actual purchase, pay for your gas purchase at the cashier and ask them to authorize your purchase for no more than the actual purchase amount. Sometimes merchants will check your Card balance to see if there is enough money to pay for an anticipated purchase amount, which might be more than the actual purchase amount (i.e. including a tip). If the anticipated purchase amount is greater than the actual purchase amount and you do not have enough money on the Card to pay the anticipated purchase amount, the merchant may decline your Card.
Sample 1
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