All you have to do is not pay at the pump. When you pay at the pump the Credit card company has zero idea if how much you will spend. So they have an average plus a little for fuel transactions. So your pre-approved for $50. That is so the station knows you can pay for your fuel.
So when you ran your card three times that created the potential for the $151 dollar charge. IF you had waited 24 hours or so the amount would have been corrected to the amount you actually purchased.
I hate to tell you this but your bank has nothing to do with the credit card rules and practices. Each card issuer has different rules. So your bank would not have the information you need. You need to call the customer service number on your credit card statement. In this case it would be Visa.
How else can the stations be protected for the amount of fuel you bought????
Example: If your card was at $980 and you have a $1000 limit. You put your card in and it does not create a charge until your done pumping. So you pump $50 of gas. Your card is over the limit and you may not have the money in hand for the balance. So the station is on the spot with you to get PAID!!! Bad situation for all involved.
So the pay at the pump deals create a possible transaction of $50. So if that is approved then you can pump $50 of fuel. IF you want more then you may have to start over.
My one fuel card will only do $150 at some stores. It is doing the same thing. If I am wanting more fuel I have to start different transactions for each $150 worth of fuel.
This not anything new. Credit Cards and Debit cards have been this way for many years. I took a vacation with my first wife in 1993. I took some cash but had the balance of the vacation money in our checking account. So we used our debit card for everything we bought, fuel, hotels, food, etc. On the way home my card was refused at a gas station. I checked my balance at an ATM. It was way off on what should have been there. We worried all the way home that we had been ripped off. At the bank the next morning they showed us how most of the transactions where still in a "pending" mode. So that pay-at-the-pump fuel transaction may be holding $50 up when you only bought $25 worth. The bank assured us that the transactions would clear with just a little time. It took some of them almost a week to reconcile to the actual amounts.
I did not like it but I can understand the reason behind the way they handle the pre-approved transactions.
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