People often ask me how to get a refund when a flight goes belly-up. Belly-up covers drama from Sandy or that Nor'easter-when airlines are the ones canceling flights-to you falling ill and scrubbing your own trip.
It may be that the company placed a block â or a hold â on your card for the estimated total of your bill. Merchants use blocks to make sure you have sufficient funds to pay your bill. If youâre near your credit limit or you have a low balance in your bank account when a block is placed, your card could be declined for additional purchases. To avoid surprises at the cash register, ask your card issuer and the merchant if they use blocking.
How Much Money is Too Much Money in Your Bank Account? When I was 23, my biggest worry was that I wouldnât have enough money in my Checking account. But once you start following the BudgetSimple Financial Game Plan you are going to have a different problem. TOO much money in your checking and savings account.