Pay-at-the-Pump? Yes, for $75 or Less.
If you drive a large vehicle, you may have noticed yet another consequence of high gas prices: you can’t even fill up your tank when you pay at the pump with your credit card, because you’re not permitted to charge more than $75 in gas purchases.
Wait, what? Yes, it’s true. Many gas stations have instituted a $75 transaction limit for customers who pay at the pump with their credit cards. To pump more than $75 worth of gas, customers have to do a separate transaction or have their card swiped inside the store by a cashier.
Needless to say, many customers are angry about the transaction limits. But who’s really to blame? Card issuers insist that the merchants are the ones who choose to put such limits in place. Merchants point out that card issuers won’t reimburse them for more than $75 if a customer disputes a charge or uses a stolen card to pay for their gas purchase.
Regardless of where the guilt lies, it’s safe to blame the $4/gallon gas prices that have brought about situations like this one.
credit card logo said,
June 4, 2008 @ 12:43 am
Yes, its no joke gas is over 4.50 now. Its just sad.