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Credit card credit limit with holding funds

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Posted by keithm keithm
Message 1 of 4 139 Views

Hi, I am currently overseas in Boston, US and my Bankwest Credit Card has a Credit Limit of $1000.(AUS). I will be travelling to Jameca tomorrow and have been advised that the Car hire company places a $1000.(US) hold for the car hire.

I am not able to increase the Credit limit online as this function is not available.

My question is, if i transfer a $1000(aus) into the card will that in effect allow me to use my Mastercard after the $1000(US) hold is placed on it?

Regards

Keith

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Re: Cre

Posted by DanaeC DanaeC
Message 2 of 4 132 Views

Hi @keithm, you can definitely transfer additional funds to the credit card to bring your available balance above your credit limit. This will allow you to use the card while the $1000 USD authorisation only is in place. Hope this helps!

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Re: Cre

Posted by keithm keithm
Message 3 of 4 130 Views

Thank you so much for your  quick helpful response.

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Re: Cre

Posted by DanaeC DanaeC
Message 4 of 4 115 Views

Glad I was able to help @keithm, have a lovely day!

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