Drivers have been warned over a significant charge they may face at their local petrol station
Motorists are being alerted to a substantial but temporary 'hidden charge' that could come as a surprise when refuelling at petrol stations.
They explained: "Until lately, if you used Pay at Pump, the fuel station would temporarily reserve a small amount of money on your card. This was the case for most cards and most banks. But a brand new system has now been introduced by Visa, MasterCard, and American Express.""The new authorisation amount is up to £100 on your card, which will apply to everyone. Though the amount held may often be £99, the idea is to ensure you have enough funds to afford the fuel.
This money will return shortly afterwards, and drivers will pay the exact amount that the petrol or diesel they put into their vehicle cost. While the £100 authorisation amount can be somewhat disconcerting at first, many drivers are able to benefit from it when visiting their local petrol station. Currently, few drivers need to spend more than £100 when they visit the petrol station, a potential alteration to fuel duty in the October Budget may change that. While fuel duty currently stands at 53p, some motoring experts suspect that the Government may reverse the 5p cut that was made in early 2022 and add a further 10p to it.
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