Authorization holds (or pre-authorizations) are a process where merchants temporarily hold funds for a transaction until the final amount is settled.
For most transactions, the time limit for an authorization to expire / settle depends on the merchant.
Dave will place an authorization hold for certain transaction types:
- ⛽️ Gas stations (Pay at the pump): Up to 7 calendar days
- 🍕 Tipping merchants (Restaurants, Uber Eats, DoorDash): Up to 7 calendar days
- 🏨 Hotel stays: Up to 30 calendar days
- 🚗 Car rentals: Up to 60 calendar days
Once this time frame has passed, the hold will drop off and your funds will be available in your Dave Checking account. A merchant refund will not be applied.