Ever wondered why there is a pre-authorised amount of RM200 being charged from your YouTrip card when you pump petrol across the Causeway? We’re here to tell you all about it.
You’re in JB at the self-service petrol pump and ready to fill up your car. You whip out your YouTrip card to pay, but before you even start pumping, you notice that there’s already a pre-authorised transaction on your card. What is this pre-authorised charge? What’s it all about, and is it essential? You asked so we’re here to answer your burning questions.
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What Are Petrol Holding Fees?
Image credits: Changi Airport
Petrol holding fees are temporary charges that are placed on your YouTrip card when paying for petrol. Its sole purpose is to ensure that you have a sufficient amount of funds available in your account to be able to pay for the petrol you’re about to pump.
As the petrol station has no way of knowing you much you’ll pump and doesn’t want to risk the possibility of you pumping more petrol than you can afford, it places a temporary hold on your account for an amount that’s a tad higher than the average cost of filling up a car’s petrol tank
Does This Mean I’ll Be Charged Twice For Petrol If I See Two Transactions On My YouTrip Card?
No, you won’t be charged twice for petrol! This pre-authorised transaction is just a temporary hold on your account. The actual charge for the petrol will be processed once you have finished pumping, and this will replace the pre-authorisation transaction on your account.
Understanding Petrol Holding Fees: Why Are There Pre-Authorised Transactions On Your YouTrip Card When You Pump Petrol Across The Causeway? — Find out more here
How Much Are You Charged?
You’ll be charged a pre-authorisation sum of RM200. This doesn’t only apply to your YouTrip card but to other Mastercard and Visa credit and debit cards as well.
How Long Do Petrol Holding Fees Last?
This holding fee will typically be credited back into your account within three to five working days, depending on the petrol station you’re pumping at. Some petrol stations release the hold as soon as the payment has been processed, while others might take a few days to release it.
Understanding Petrol Holding Fees: Why Are There Pre-Authorised Transactions On Your YouTrip Card When You Pump Petrol Across The Causeway? — Find out more here
Save Big With The Best Rates!
If you’re heading across the Causeway this long weekend, don’t forget you still have two more weekends in April to get up to 5% cashback from Fridays to Sundays when you spend in MYR with the best rates! Psst, this includes your petrol expenditures. PLUS, we’ve got zero transaction fees, even on the weekends 😉
Understanding Petrol Holding Fees: Why Are There Pre-Authorised Transactions On Your YouTrip Card When You Pump Petrol Across The Causeway? — Read here for more on the nitty gritty.
And Now You Know
Now that you’re an expert, bookmark this page or share it with your friends and family who aren’t yet in the know! And while you’re pumping petrol across the Causeway, don’t forget to bring along your YouTrip Card and make use of our wholesale exchange rates!
As Singapore’s favourite multi-currency wallet, we aim to get those pesky fees out of the way and help you save on your travels. With the best foreign exchange rates, no longer will you have to deal with those long queues at money changers! So if you’re looking for a go-to travel card, sign up for your complimentary YouTrip card today with <YTBLOG5> and get FREE S$5 in your account! Then, head over to our YouTrip Perks page for exclusive offers and promotions — we promise you won’t regret. For more great tips and articles like this, join our Telegram (@YouTripSG) and subscribe to our free weekly newsletter here or down below.
And while you’re at it, why not join the conversation with thousands of #YouTroopers in our very own Community Telegram Group @YouTripSquad? Get tips and tricks to everything YouTrip including exclusive invites to exciting events and experiences, & be part of the #YouTripSquad! 💜
Safe Travels!
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