… Learn More About Your Arvest Bank Debit <strong>Card</strong> Have a question about your new or existing Arvest Bank debit <strong>card</strong>? We're here to help. We've listed a few of our most … Fraud Prevention How do I report my debit <strong>card</strong> as lost or <strong>stolen</strong>? How do I lock my debit <strong>card</strong>? Are contactless debit …
- Top Question:
- What is a pre-authorized debit card transaction?
- Best Answer:
Pre-authorized debit card transactions are temporary charges applied by a merchant, generally to verify the account or to hold a projected amount of funds they expect you to spend. Most pre-authorized transactions are the same amount as your final purchase amount but sometimes the pre-authorized amount may be different. Examples of merchants who may apply pre-authorized transaction amounts different than the final purchase on a debit card would include:
• Car rentals
• Gas stations
These pre-authorized transactions could cause confusion to the account holder regarding the available account balance since the amount held may not be the precise amount of the eventual charge.
Most pre-authorized transactions are applied to your account for a maximum of 3 business days, or until the merchant submits the actual final amount for payment. At this time, the pre-authorized debit is removed.
Because pre-authorizations can tie up funds in your account, we suggest that whenever possible use a credit card or alternative payment method instead of a debit card for car rentals, hotels and other situations where a deposit or large pre-authorization may be required.
If you have a question about a specific transaction on your account, please visit a nearby branch location or call our Contact Center (866) 952-9523* for personal assistance.
*Contact Center hours are Monday through Friday, 7:00 a.m. to 8:00 p.m. CST, and Saturday, 8:00 a.m. to 5:00 p.m. CST.
… Arvest Spending <strong>Card</strong> Agreement, Terms and Conditions This Cardholder … means any transaction using the <strong>Card</strong>, including but <strong>not</strong> limited to the purchase of goods and services at retail … precautions that have been taken. • The terminal was <strong>not</strong> <strong>working</strong> properly and you knew about the breakdown when you …
… At Arvest Bank, we offer options for <strong>how</strong> you want to handle overdrafts on your checking account. … Basic Overdraft Coverage by default unless you tell us you <strong>do</strong> not want the Basic Overdraft Coverage or choose one of the … your checking account. <strong>How</strong> Many SafetyLink Transfers May <strong>I</strong> Request? You may request a maximum of six (6) SafetyLink …
… Arvest Spending <strong>Card</strong> Agreement, Terms and Conditions This Cardholder … or "Arvest Spending <strong>Card</strong>" \ means the prepaid Visa® <strong>debit</strong> <strong>card</strong> issued to you by us that may be used by you (or by … For purposes or transactions prohibited by law. Withdrawal <strong>Limit</strong>: The maximum amount you can withdraw from your Spending …
… institutions <strong>to</strong> provide certain information <strong>to</strong> consumers (<strong>i</strong>.e., natural persons) regarding electronic fund transfers … you may be charged a fee for a balance inquiry even if you <strong>do</strong> not complete a fund transfer. Point -of -Sale (POS) … of the actual amount of money <strong>in</strong> your account, such as our <strong>How</strong> <strong>to</strong> Keep Good Bank Records pamphlet. Contact one of our …