The hold will remain on the account up to 5 business days or until the authorization amount is reduced to $0, whichever occurs first. When this happens, a single authorization is placed on the account and the authorization hold amount is reduced as each item ships. Some internet, phone and mail order merchants send items in multiple shipments. When the transaction is presented to the bank, the actual purchase amount is deducted from your account. The authorization hold amount reduces your available balance and will remain on the account up to 3 business days when your debit card is swiped or inserted in person, or up to 5 business days when used for an internet, phone or mail order transaction. Many merchants request an authorization for the exact purchase amount, but some merchants may send an authorization request for a nominal amount such as $1 or an estimate that is more or less than the actual purchase amount. The purchase amount sent by the merchant for authorization varies by merchant type. An authorization confirms that your account is open and active and that there are enough funds available to cover the purchase amount at the time of the request.
When you use your debit card to make a purchase, the merchant will request an authorization (or approval) for the transaction.
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