I am in no way 'sticking up for Asda' Never shopped with them and never will. Thought I'd just explain how the authorised amounts work with banks (only commenting having worked for Barclays, may not be the same else where) when you order shopping on line or pay at pumps etc and initially swipe your card it 'earmarks' a chunk of money so that they know your good for it. This is taken away from your available balance but not your actual account balance. When the order is completed as long as the supplier uses the same authorisation code it will deduct the emarked funds, however if they treat it as a new transaction it will then debit the full amount as a seperate charge. Earmarked funds are kept for 'to one side' for 30 days and if not claimed within that time by the supplier with the original authorisation code it releases the funds back to your available balance. Now Barclays will not charge you for being overdrawn unless the funds are actually claimed but not sure about all banks. I had a similar problem with Amazon who I had a back order with and each week they kept earmarking the amount to check I was still good for it so my account at one point showed available balance overdrawn, however I never was as they only actually claimed the money once. I was not charged anything by my bank for this. Very annoying and frustrating!! At one point all pay at pumps used to authorise £60+ then debit the actual amount on a seperate transaction, so peoples accounts were always looking in a pickle, I think they have rectified that now!
Bit of a waffle i'm afraid but nice to know I remember something from work!
Bit of a waffle i'm afraid but nice to know I remember something from work!