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Recently, I was stuck for over an hour in a clinic, waiting for my neighbor to be done with her appointment. I had my phone, magazines, and chats with those who came and went.
But it is summer, and I needed something to drink. After a while, I relented to the vending machine, where over priced drinks abound.
I rarely carry coins, so out came the debit card. One swish, a couple buttons and the familiar "clunk" and I was I was in juice heaven. The cost, while silly in the first place, shocked me later that day.
The beverage was supposed to be $2.00. Imagine my surprise when I found my debit card had been charged $10.00!! Nope, not a typo folks. For the next 3 days, the charge didn't change.
I later found out it's like that $1.00 ping we often get to assure that our checking account is valid, then cancelled when it is found to be.
So here is my warning. We are all thrifty on here, so it's my fear that when folks are low on funds just before payday, that might bounce us without consequence. I have literally been bounced because something cost me $1.99 instead of $1.79, so I "know of where I speak".
It pays sometimes to carry "parking change" or enough for parking meters, vending machines, or that insufferable "bathrooms are for paying customers only" lollipop. Been there, done that.
I hope this helps. No photos of course, and I can't even copy and paste my debit card statement, so it's just on faith today folks. But I was lucky. Some of you might not be.
When using your debit card, you have to be careful and ensure you have sufficient funds in your account because some places/retailers may add a pre-authorization charge that will take a couple days to fall off. If you don't have sufficient funds you could be charged with an overdraft.
For example - I pumped gas with my debit card for $50 something dollars and when I got home, I saw a pending pre-authorization charge of $100. I was so shocked, I contacted my debit card and was told, it will come off in a few days from the gas station to prevent a pre-authoriziation charge, next time to press CREDIT at the pump, instead of debit.
Also, today I went online shopping with my debit card and the retailer placed a pre-authorization charge of $20 in addition to my transaction amount. the pre-authorization charge will fall off in 3-5 business days. When possible, I'd recommend using a credit card.
You can easily use a check register to keep track of your credit or debit card purchases. This is a page about keeping track of debit and credit card purchases.