A Quick "Nuts & Bolts"
Power Tip
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December 6th, 2010
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Greetings!
Are you the type of person (like Rhonda) who does your Christmas shopping all year round? If so, you will be pulling everything out at this point and deciding what last minute items you need to purchase.
If, on the other hand, you are like me (Donna) and do your shopping in the month of December you might benefit from this tip.
I learned a valuable lesson in December of 2009 and I want to pass it along to you. I enjoy a bustling day of Christmas shopping, and I had my huge list prepared and all the stops listed. I started out bright and early and had a productive day as I visited the various stores on my list. Later in the evening I was at Wal-Mart with my big cart full of items......and my Mastercard was declined. My first thought.....embarrassment!! But, upon thinking about it further, I knew that I had not exceeded my credit limit.....in fact I was pleased that I had stuck to my budget despite the fact that I had visited many different stores that day.
The kind check-out clerk suspended my order (because I didn't have cash or debit with me) and allowed me to step aside and find out what was wrong with my card. Upon phoning home, I learned that Mastercard had called and informed us that the card had been put on alert because of the number of transactions that had occurred in one day (over 20). Apparently in the fine print of our cardholders agreement we were told that this would happen. The customer service rep. informed us that if we are going to be going on a shopping trip where we'll have an "out of the ordinary" number of transactions that we should call ahead and inform them. The same is true if you are going to be traveling and having transactions outside of your normal geographic "charge area". Call ahead......you don't want a situation like this to slow you down on your next shopping trip :)
Listen to us on the radio.......
Saturday mornings at 10:30 a.m. on 94.3 Faith FM or Listen Live at www.faithfm.org
Tuesday & Thursday at 8:25 a.m. & 5:25 p.m. on AM 920 or Listen Live at www.am920.ca
Do you have a friend who is feeling overwhelmed and would appreciate receiving these Quick Tips? Feel free to forward this e-mail!
Donna & Rhonda
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