That I don't know. I do know this policy seems as if it would be more work in the back office accounting but what do I know.I don't understand why they just don't put the charges themselves through as you go and save all of this hassle.
Interesting. I don't believe it will change but I shall test it by using a different card next month.
Holds are usually larger than the actual charges and so holds fall of where charges and credits stay. So if a company gave me a credit equal to a hold, it would basically be a gift!
Hold is the term Disney (or maybe even Dis uses)I think part of my own issue was the terminology. The idea of crediting a "hold" makes no sens to me since a hold is typically "fake" money and a credit is usually "real" money.
Also, this credit thing is an evolution of the processI think part of my own issue was the terminology. The idea of crediting a "hold" confused me since a hold is typically "fake" money and a credit is usually "real" money on terms of how things work with my own credit card.
my bank still takes about 3 to 5 to drop the hold. Disney drops at check out but not my bank which I am guessing is the longer time being mentioned
With the credit issued in the amount of the hold does it matter if they all take 5 days to fall off? You have a $0 amount being held
from what my bank has told me once the hold is placed on account it will take 5 business days to drop from when they receive notice that it has been dropped and the charge will most likely go thru before hold is dropped. credit could take even longer as that has a 7 day to clear
Not the way Disney is sending the transactions. The credit (temp hold/pending hold) is placed immediately. It's not the same as a credit that will not be temp. They do it that way so your card is cleared of pending charges in order to have room on the credit limit for the charge they put through.
my bank doesn't drop the hold on the day it is dropped so that money is not available for use until they drop it has nothing to do with what Disney does or does not do. it takes 3 to 5 days to clear that hold from when Disney drops it. not saying that is how your bank works but mine does not work that way yours does
You haven't acknowledged the credit issued from Disney. THAT is what clears the hold off. You no longer have to wait on it to be dropped by the bank.
I will go by what my bank has told me and yes I will not be charging because I do not have a large balance and will not chance it. not doubting it works for you. I would tell people to check with their bank as mine is telling differently and unless they do not send the hold which is what a hold is. Disney dropping it has nothing to do with when they clear it
Your bank is telling you how a regular credit is processed, for a refund of a purchase. They do take days. You aren't asking them about the same exact transaction type that Disney is sending through. I doubt anyone's bank can answer for this particular code but if you ask the right question they may. It's hard to understand much less explain.
when I talked with my bank we were not talking about a refund as I asked and that person repeated a dropped hold. the dropped hold is not the same as pending charge.
When Disney first changed their policies and started to put holds on people's room charges, they were putting through actual charges frequently. That caused an uproar and lots of problems with some banks, so Disney changed how they charged people's credit cards. It seems like there are a lot less problems now.
I don't understand why they just don't put the charges themselves through as you go and save all of this hassle.
