Credit Card money hold

Vedd Hedd · January 2013

So, I entered for the Wrigley show, and I have my 1st 3 options listed.

I noticed that the "total" is for all 3. Thus, my credit card is "pending" for 452. Does anyone know offhand when those other amounts get released back to the card?

Say I get drawn for my first selection, the other 2 selections drop off, just curious how long that takes.

pjsteelerfan · January 2013

Vedd Hedd wrote:

So, I entered for the Wrigley show, and I have my 1st 3 options listed.

I noticed that the "total" is for all 3. Thus, my credit card is "pending" for 452. Does anyone know offhand when those other amounts get released back to the card?

Say I get drawn for my first selection, the other 2 selections drop off, just curious how long that takes.

I would imagine it will happen within 24 hours of the hold being released- so probably by next Thursday

Vedd Hedd · January 2013

pjsteelerfan wrote:

Vedd Hedd wrote:

So, I entered for the Wrigley show, and I have my 1st 3 options listed.

I noticed that the "total" is for all 3. Thus, my credit card is "pending" for 452. Does anyone know offhand when those other amounts get released back to the card?

Say I get drawn for my first selection, the other 2 selections drop off, just curious how long that takes.

I would imagine it will happen within 24 hours of the hold being released- so probably by next Thursday

Cool. Thanks. Also, I just checked my card...and it doesnt appear that the hold will prevent me from making other purchases. In other words, even if that 452 amount would put me over my limit, it wont prevent me from purchasing something else, and I wont go over my limit.

Zoso · January 2013

Vedd Hedd wrote:

pjsteelerfan wrote:

Vedd Hedd wrote:

So, I entered for the Wrigley show, and I have my 1st 3 options listed.

I noticed that the "total" is for all 3. Thus, my credit card is "pending" for 452. Does anyone know offhand when those other amounts get released back to the card?

Say I get drawn for my first selection, the other 2 selections drop off, just curious how long that takes.

I would imagine it will happen within 24 hours of the hold being released- so probably by next Thursday

Cool. Thanks. Also, I just checked my card...and it doesnt appear that the hold will prevent me from making other purchases. In other words, even if that 452 amount would put me over my limit, it wont prevent me from purchasing something else, and I wont go over my limit.

I was wondering that... good to know.

pjradio · January 2013

Zoso wrote:

I was wondering that... good to know.

same here

Vedd Hedd · January 2013

I just got a pm from someone who asked me to ask the forum a question.

if 10C knows that the MOST they can charge you is $168, why dont they just put a hold for that amount, instead of the whole amount. Any ideas?

My guess is its just easier to sort?

Zoso · January 2013

Vedd Hedd wrote:

I just got a pm from someone who asked me to ask the forum a question.

if 10C knows that the MOST they can charge you is $168, why dont they just put a hold for that amount, instead of the whole amount. Any ideas?

My guess is its just easier to sort?

if you choose Londona and a Chicago option it will be more then $168 but if someone just choose Chicago it really only needs to be $168 or $116 on your card.. not sure why they put the whole lot.

Vedd Hedd · January 2013

Zoso wrote:

if you choose Londona and a Chicago option it will be more then $168 but if someone just choose Chicago it really only needs to be $168 or $116 on your card.. not sure why they put the whole lot.

Yeah, that I could understand. If you put down cash for 3 separate shows, you should have the whole amount, because you might get tix to all three.

But yeah, there must be some other reason for all three amounts for the 1 show being on there.

EdsonNascimento · January 2013

Zoso wrote:

Vedd Hedd wrote:

I just got a pm from someone who asked me to ask the forum a question.

if 10C knows that the MOST they can charge you is $168, why dont they just put a hold for that amount, instead of the whole amount. Any ideas?

My guess is its just easier to sort?

if you choose Londona and a Chicago option it will be more then $168 but if someone just choose Chicago it really only needs to be $168 or $116 on your card.. not sure why they put the whole lot.

Because each "pick" is its own "entity." While they will stop your selection once you get your higher choice, if you don't get your 1st, it will be released, then your 2nd choice needs to have a hold. Otherwise, it would cause a complete cluster f for them to apply holds to what amounts to different sales. So, you are in fact requesting 3 different "items." They don't know which one you will get. So, they have to hold all 3.

At least that's the concept behind credit card holds. It really has nothing to do with 10C. The only way to avoid this is to sell all 3 choices as 1 "item," which nobody wants.

Clear as mud?

JW41517 · January 2013

I get paid on the 29th (or 30th at the latest). I know the deadline to enter the drawing is January 30th at 10AM PST. Entering earlier than that doesn't increase my chances of getting drawn, correct? If I make it under the deadline, my odds of getting drawn are just as good as anyone else's, right?

I just don't want the $452 "hold" to put me into overdraft and get hit with an overdraft fee every day. I wonder how that works with my bank.

pjradio · January 2013

JW41517 wrote:

If I make it under the deadline, my odds of getting drawn are just as good as anyone else's, right?

i would think so, as long as your 10c membership is up to date as of 1/22

mca47 · January 2013

JW41517 wrote:

I just don't want the $452 "hold" to put me into overdraft and get hit with an overdraft fee every day. I wonder how that works with my bank.

Yeah, it would be interesting to see how this works. I know sometimes when I purchase something with my debit/credit card, I'll go online and it'll just say "Pending". WHile the pending transaction subtracts from my overall balance, it doesn't trigger any flags (overdraft, balance threshhold, etc). I don't believe those pending transactions can cause you to go overdrawn...but that may be up to your bank.
Who knows?

I think it's pretty weak for the 10c to do this. Not everyone has $450 laying around to put on hold.

pjsteelerfan · January 2013

mca47 wrote:

JW41517 wrote:

I just don't want the $452 "hold" to put me into overdraft and get hit with an overdraft fee every day. I wonder how that works with my bank.

Yeah, it would be interesting to see how this works. I know sometimes when I purchase something with my debit/credit card, I'll go online and it'll just say "Pending". WHile the pending transaction subtracts from my overall balance, it doesn't trigger any flags (overdraft, balance threshhold, etc). I don't believe those pending transactions can cause you to go overdrawn...but that may be up to your bank.
Who knows?

I think it's pretty weak for the 10c to do this. Not everyone has $450 laying around to put on hold.

You may want to call your bank, a check card and a credit card are two different things and holds can affect them differently

whispering hands · January 2013

pjradio wrote:

JW41517 wrote:

If I make it under the deadline, my odds of getting drawn are just as good as anyone else's, right?

i would think so, as long as your 10c membership is up to date as of 1/22

That's what I needed to know as well. Cause I don't get paid TIL the
28th

drummerboy_73 · January 2013

mca47 wrote:

JW41517 wrote:

I just don't want the $452 "hold" to put me into overdraft and get hit with an overdraft fee every day. I wonder how that works with my bank.

Yeah, it would be interesting to see how this works. I know sometimes when I purchase something with my debit/credit card, I'll go online and it'll just say "Pending". WHile the pending transaction subtracts from my overall balance, it doesn't trigger any flags (overdraft, balance threshhold, etc). I don't believe those pending transactions can cause you to go overdrawn...but that may be up to your bank.
Who knows?

I think it's pretty weak for the 10c to do this. Not everyone has $450 laying around to put on hold.

+1 - there's no reason they can't put a pending charge of $1.00 to put your name in the pool, then charge the balance if your name gets get drawn. That's what happens every time I use my checkcard (what my credit union calls it, and which can be used for both debit and credit transactions) at a gas station. I get an instant pending charge of $1.00 when I swipe it, then if I pump $40.00, the pending charge becomes an actual deduction of $40.00 within a couple of days.

JS188455 · January 2013

I use PNC Bank and they did in fact take the $452 all at once and it did come off of my balance. So as of right now it looks like a transaction and cannot be touched until released next week. I know every bank is different so I wanted to give a heads up to my fellow PNC bankers

IMGONNALUKIN · January 2013

this is from the FAQ:

Q: The are 3 types of tickets (Standing, Seated Lower, and Seated Upper) being offered for a show I want to attend. If I enter for each ticket type will I be authorized for each ticket type even though I can only actually get drawn for one of them?

A: Yes, you wil be authorized for the total sum of all ticket types for a given show. However since you can only be drawn for one pair of tickets for a show, you can only possibly be drawn and charged for one of the three pairs of tickets on the day of the drawing. After that time, the other 2 authorizations would be canceled and released back to you.

:?: still don't like it but I have faith :nono: in TenClub. :?

81 · January 2013

my credit union dropped the holds on the test sale after like 3 days.

nostackedvinyl · January 2013

the problem i have with this is that my credit union will only let me have a certain dollar amount "pending" during a day. so if i enter for all four seat selections, my card won't let me do it because it exceeds the limited amount. i can call my bank and have them take it off for a day but the whole thing is a pain in the ass. i wish (like others have said) that'd they'd just charge a dollar to enter and then charge the full amount once you get tickets. i'm gonna have to use someone else's credit card just to be in the drawing :thumbdown:

pjradio · January 2013

nostackedvinyl wrote:

i can call my bank and have them take it off for a day but the whole thing is a pain in the ass.

i do the same thing...takes 2mins tops.

81 · January 2013

nostackedvinyl wrote:

the problem i have with this is that my credit union will only let me have a certain dollar amount "pending" during a day. so if i enter for all four seat selections, my card won't let me do it because it exceeds the limited amount. i can call my bank and have them take it off for a day but the whole thing is a pain in the ass. i wish (like others have said) that'd they'd just charge a dollar to enter and then charge the full amount once you get tickets. i'm gonna have to use someone else's credit card just to be in the drawing :thumbdown:

agreed it's pretty shitty. if you don't have a CC and use a debit card and don't have a ton of cash, it can fuck with you for a week.

nostackedvinyl · January 2013

81 wrote:

nostackedvinyl wrote:

the problem i have with this is that my credit union will only let me have a certain dollar amount "pending" during a day. so if i enter for all four seat selections, my card won't let me do it because it exceeds the limited amount. i can call my bank and have them take it off for a day but the whole thing is a pain in the ass. i wish (like others have said) that'd they'd just charge a dollar to enter and then charge the full amount once you get tickets. i'm gonna have to use someone else's credit card just to be in the drawing :thumbdown:

agreed it's pretty shitty. if you don't have a CC and use a debit card and don't have a ton of cash, it can fuck with you for a week.

exactly. when i followed them in Canada last year i had to stagger my hotel purchases before i left because i couldn't do it all at once with my debit card. . . .even though i had/have the money. IT'S CRAP BROTHAS!!

matt770 · January 2013

Someone will need to explain to me why I was charged for 4 tickets to Wrigley when the limit is 2. I entered a first choice of GA pit, second choice lower bowl. Figured I won't drive 800 miles for nosebleeds. Now I have a $336 hold on my checking account!

Getting so sick of this crap. After getting shut out so many times with the server crashes, I was hopeful that they FINALLY had a workable system. But there are still idiotic glitches like this. The way I've gotten constantly screwed trying to get tickets I'm sure I won't get any at all but the refund will take at least a week to process.

pjradio · January 2013

matt770 wrote:

Now I have a $336 hold on my checking account!

you obviously entered twice (168 X 2)....stop blaming 10c & start paying attn!!!

Brane_of_JFK · January 2013

Might be a stupid question, but I haven't been on here in a while...

Actually 2 questions: first, does your 10C number not matter now since they are doing random drawing for seats? And secondly, is there a chance of not even getting tickets to a show(s) you want to go to? I understand the "ranking" system when entering the drawing, but that would really suck and be completely different (and worse, IMO) than how the 10C has handled tickets previously...If I'm an idiot for asking, just tell me

Suziemay · January 2013

Brane_of_JFK wrote:

Might be a stupid question, but I haven't been on here in a while...

Actually 2 questions: first, does your 10C number not matter now since they are doing random drawing for seats? And secondly, is there a chance of not even getting tickets to a show(s) you want to go to? I understand the "ranking" system when entering the drawing, but that would really suck and be completely different (and worse, IMO) than how the 10C has handled tickets previously...If I'm an idiot for asking, just tell me

1) No, 10c number does not matter for the random drawing. It only matters if you win seats and then your member number kicks in to determine seat location based on seniority. For GA, member number has no bearing.

2) You could potentially end up with zero tickets, yes. Lottery by definition, not everyone can win.

Don't sweat it, you'll find tickets one way or another, either from someone on the board or at the public sale.

Credit Card money hold

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