Traditional Culture Encyclopedia - Hotel reservation - I paid 500 yuan deposit with my credit card at the hotel. This is pre-authorization. So is the refund a direct refund to my credit card? Is there an extra charge?
I paid 500 yuan deposit with my credit card at the hotel. This is pre-authorization. So is the refund a direct refund to my credit card? Is there an extra charge?
Hello, when you check into a hotel or rent a car, the merchant can withhold a certain amount as a deposit by swiping the card, and then swipe the card after the consumption is completed. This kind of transaction is generally called pre-authorization transaction. At present, there is no handling fee for canceling credit card pre-authorization. Credit card pre-authorization has SMS notification, and pre-authorization is completed without SMS notification.
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