Authorization holds (or pre-authorizations) are a process where merchants temporarily hold funds for a transaction until the final amount is settled.
For most general transactions, the time limit for an authorization to expire / settle depends on the merchant.
Dave will place an authorization holds for certain transactions:
• 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 Spending account.
