Consumer Alert!
Washington – As the price of gasoline rises, rules to limit credit card fraud at the nation’s pumps are confusing consumers who just want a full tank of gas.
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Caps on transaction amounts or the total dollar amount of gas a customer can pump into their car are limiting some drivers.
Credit card companies have established a protective layer by setting transaction caps on how much gas a consumer can pump at any one given time.
For MasterCard customers, it’s $75. Visa and Discover users have a $50 pay-at-the-pump limit. Transaction limits vary for corporate card holders and American Express users.
Not all gas stations have to abide by the cap. And there are no limits if a customer goes inside and pays with their credit card at the counter. [ap]