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hannesdp
Posts: 2
Registered: ‎03-27-2012

Why Does BB takes so long to "unhold" Cancelled Credit Card Orders?

I ordered a Laptop and had to cancelled the order within 20 minutes of placing it. BB pre-autorized the funds on my credit card, but never cancelled the pre-authorization, when the order was cancelled. Three days later and I cannot use my credit card because i exceeded my credit limit when I replaced the order again and paid for it again. I find this practice very unsettling and not in the best interest of BB, When a order is not shipped and cancelled , you should also cancelled the hold you put on the funds of the Credit Card. It should not be up to the customer to address you on this issue. Very disappointing!.
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RealGeorgeW
Posts: 7,512
Topics: 545
Kudos: 767
Solutions: 289
Registered: ‎02-12-2009

Re: Why Does BB takes so long to "unhold" Cancelled Credit Card Orders?

Best Buy has zero control over this. You need to call your bank to see if they'll release the hold.




If you like my post, or solution to your issue/question, go ahead and click on the little star by my name and/or accept the post as the Solution. It makes me happy.

I'm NOT an employee of Best Buy, or Geek Squad, though I did work as an Agent for a year. None of my posts are to be taken as the official stance that Best Buy will take on your situation. My advice is just that, advice.
Unfortunately, that's the bad luck of any electronic, there's going to be bad Apples... wait that's a horrible pun.
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Area51Kev
Posts: 887
Topics: 124
Kudos: 93
Solutions: 18
Registered: ‎03-02-2011

Re: Why Does BB takes so long to "unhold" Cancelled Credit Card Orders?

What RealGeorge said plus...you didn't indicate what credit card company is involved. I had a pre-authorization on my Best Buy / HSBC credit card once for a transaction that didn't happen for some reason. When I finally called HSBC about it, they told me that the hold would remain on my account until the end of time unless Best Buy called them and requested it be dropped. Best Buy did me a solid, made the call, and the pre-auth / hold dropped off shortly thereafter. Seemed sort of unusual to me, but that's the way it went down. Good luck. 

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iMac, iPhone 4S, iPod touch, and Apple TV user. Yes, an Apple fanatic.
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New Member
hannesdp
Posts: 2
Registered: ‎03-27-2012

Re: Why Does BB takes so long to "unhold" Cancelled Credit Card Orders?

Thank you for your advice. My credit card is Visa. I spoke to them this morning and was advised that Best Buy must cancel the hold on the funds. I have since sent a email to customer service about the subject. Will update as soon as situation is remedied.
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Valued Member
MikeGee
Posts: 64
Registered: ‎10-15-2010

Re: Why Does BB takes so long to "unhold" Cancelled Credit Card Orders?

Bestbuy need to rethink who they do credit with... I paid 2k off my hsbc card on the 16th and i still cant spend the funds to order something... ridiculous.

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Area51Kev
Posts: 887
Topics: 124
Kudos: 93
Solutions: 18
Registered: ‎03-02-2011

Re: Why Does BB takes so long to "unhold" Cancelled Credit Card Orders?


MikeGee wrote:

 

I paid 2k off my hsbc card on the 16th and i still cant spend the funds to order something... ridiculous.



That's the issue that first brought me to this forum, HSBC taking such a long time to restore the available credit to my card following a large payment. It still doesn't make much sense to me. It was the same person, making a payment on the same computer, to the same card, from the same bank account. The only difference was the size of the payment. I didn't even want to use the funds at the time, it was just the principle of the thing. The payment had cleared my bank with no problem(s), so I believed requiring that length of time to restore my available credit was unjustified.

 

Since I got past that issue though, it's been clear sailing. I've saved some cha-ching on the deferred interest deals. I also began to like this forum on other topics. I've been shopping at Best Buy since Noah was in Huggies, so I thought I might be able to answer a question or two. Now I'm lurking or posting here almost every day. There should be a warning label: These forums can be addictive and time consuming. :smileyhappy:  

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iMac, iPhone 4S, iPod touch, and Apple TV user. Yes, an Apple fanatic.
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Contributor
Bob_A
Posts: 384
Registered: ‎02-18-2010

Re: Why Does BB takes so long to "unhold" Cancelled Credit Card Orders?


RealGeorgeW wrote:
"Best Buy has zero control over this. You need to call your bank to see if they'll release the hold."

With all due respect to you. That is simply Not True!  


That is just Best Buy propaganda that has been perpetuated by this Forums resident gang of Best Buy "Spin Doctors" aka Best Buy's obsessively Dedicated Defenders, Cheerleaders, Fanboys, Shills, and addicted Kool Aide drinkers.  

 

If Best Buy will simply give the bank official notice, thru the usual channels, that BBY is permanently relinquishing any claim to that money, the same way that other businesses routinely do it. Then the bank will immediately release the hold.  

 

But, evidently, BBY simply can't be bothered to make the effort. So they use the fictional excuse that it can't be done. And then the BBY Spin Doctors repeat that same fiction so many times, until some people start to believe it.  Then the Spin Doctors post endorsements of each others propaganda. Then they even follow up by giving each other Kudos, for agreeing with their own propaganda. 

 

I don't doubt that some of the Spin Doctors sincerely believe their own propaganda. Which comes from being obsessively dedicated to BBY. To the point of ignoring the available facts, and abandoning any objectivity, or independent thought.

 

This pure fiction about not being able to release Credit Card holds. Is one of the better of the many examples of how the BBY Spin Doctors operate. 

 

 

 

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Sean-BBY
Posts: 1,234
Topics: 9
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Solutions: 52
Registered: ‎07-30-2009

Re: Why Does BB takes so long to "unhold" Cancelled Credit Card Orders?

Hi hannesdp,

 

Thanks for reaching out to us on the forums about your order.  I apologize that funds haven’t been removed yet by your credit institution. 

 

As some of the other users in this thread mentioned, Best Buy will usually charge an authorization on your account when an order is placed.  If the order is never completed or surpasses a pre-determined time frame, the authorization should fall off your account.  However, the issue is that Best Buy unfortunately does not determine the time frames in which authorizations are dropped off your account.  These are usually determined by the bank or credit card institutions that manage the accounts. 

 

I did look into your order by using the email address you registered on the forums and at this point, your order has been cancelled.  We are no longer requesting an authorization for your order, which would mean that your bank or credit institution would need to drop the authorization off your account.  I would highly advise reaching out to them and asking if they can drop the hold.

 

Thank you again for posting and if you have any questions, please let me know

 

Regards,

Sean|Senior Social Media Specialist | Best Buy® Corporate
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