Wednesday, July 22, 2009

Hosed at the gas pump — by your debit card

Watch out for this gotcha when using a debit card at the gas pump where funds in your checking account can be "reserved" for days after making gasoline purchases.

My wife and I load Wal-Mart gift cards with our gas budget, which we then use to buy gas at Sam's. This gives us the best of both worlds: the wisdom of the envelope system with the convenience of plastic.

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