It is now a routine which most drivers don’t think much about. You pull into a petrol station at a Pay at Pump filling station, enter your card and details, then continue to fill your car up to the value of £99.
Petrol stations generally want to check if you have funds in the account you are trying to use, to do this they take a pre-authorisation fee, usually of around £1 from your account which they return to you later.
However, new rules set by Visa and Mastercard means this may all soon change.
Some supermarkets, such as Sainsburys can now charge anything from £1 to £99, with ASDA actually trialing the £99 fee at some of it’s stores, ahead of a bigger rollout.
The fee, which is taken from the customers account after entering their card details, will be ‘earmarked’ from their account, meaning it will come out of your available bank balance, until the price of the fuel is taken.
This fee, is then deducted from the amount which you have filled up.
However, customers have not taken to this change well, with many complaining on social media that they are down £99 from their bank account after using one of ASDA’s petrol stations.
A spokesperson for ASDA has said “This is an industry wide policy change from MasterCard and Visa in coordination with customer’s banks to ensure that customers have sufficient funds in their accounts prior to buying petrol.
This amount is ‘ring-fenced’ by banks but immediately made available again to customers.
The money is never taken or held by Asda.”
A spokesperson for Mastercard has said: “While some customers may see a request for a higher amount than the fuel they bought – perhaps on their mobile banking app – these funds are not taken from their account. Only the value of the petrol dispensed is withdrawn.”
If you attempt to use a filling station which has these new rules and you don’t have the £99 available in your account, you will be denied service at the self service, however you can still choose to pay over the counter as normal.
What do you think of the new changes? Leave us a comment below