Modern stuff

[Punts]

This is how it's supposed to work.

Pay at Pump | Policy and Guidance | UK Finance

[Bender]

10 minutes ago, Punts said:

This is how it's supposed to work.

Pay at Pump | Policy and Guidance | UK Finance

I like the caveat "supposed to" 

 

I once by accident drove off without paying £20.00 at the time, I used the garage all the time, cashier told me I may have made off by accident last time I was in, don't do it again was all she said, I offered to pay she just smiled and said Morrisons can afford it......

[S-Westerly]

14 hours ago, Mississippi Bullfrog said:

The last time I used a pay at the pump it took £100 out of the account, I put about £45 of petrol in. It was a bank holiday and took 5 days for the balance to be credited back to my account.

 

That was a few years ago and I've never used one since. 

I think the systems have got a bit more sophisticated these days. Certainly I've not had £100 out of my account when I've only put in £20. Not sure whether it's the systems at the petrol station or the particular bank though. 

[RideWithStyles]

Well I know Tesco still means test your account of £99 (so reaaly its not taking it out its more asking the request of do you have it at the pump (pending) prior to taking delivery of fuel, and that is with the bank too as you can’t do it without the banks system authority regardless…

more often than not, it’s  instant refund fund of the difference £99 as it knows that you can afford the maximum amount at that exact time, then when you have finished with your delivery it charges your account with the amount of fuel you had taken of say £40… that’s how they do it.

with others I don’t know if they do the same?

[Fiddlesticks]

Yes, the funds are earmarked (reserved) but not actually taken.

Process is.

1. Card is authorised
2. Funds are earmarked (this is the £99 reserved amount. It stays in your account but can't be spent elsewhere. It may show as a Pending Transaction.)
3. Final total is worked out and debited.
4. Earmark is removed.

As pointed out, steps 1 & 2 happen in real time, but the settling up and removal of the earmark is a batch process at the back end so it can take a while, especially over the weekend. Probably better now that it was in the past, but I think it will depend on your bank and the petrol station in question.

Edited November 15, 2024 by Fiddlesticks

[Terry Came]

This does make the case for always having £25-£50 cash on you. If all the cards and phone apps decide to play up, or, heaven forbid, you are on a lovely ride out int he country and they say "Sorry it's taking so long, the signal is shit round here." Many years ago, when my youngest daughter was looking at uni's we arrived at a family run hotel. When we went to pay for the room nothing worked. Not the debit car or the credit card. 'Computer says no!' The lad behind the counter looked in amazement when I simply pulled my wallet out and paid cash. I told him to put it in an envelope, put my name on it, and give it to his dad in the morning. Problem solved. 

[Tiggie]

I try to keep a few notes in my wallet. Usually by time I need to use some cash I find my Wife has got there first and I need to take a trip to the atm 

[S-Westerly]

4 hours ago, Terry Came said:

This does make the case for always having £25-£50 cash on you. If all the cards and phone apps decide to play up, or, heaven forbid, you are on a lovely ride out int he country and they say "Sorry it's taking so long, the signal is shit round here." Many years ago, when my youngest daughter was looking at uni's we arrived at a family run hotel. When we went to pay for the room nothing worked. Not the debit car or the credit card. 'Computer says no!' The lad behind the counter looked in amazement when I simply pulled my wallet out and paid cash. I told him to put it in an envelope, put my name on it, and give it to his dad in the morning. Problem solved. 

Hotel prices these days you'd need a tad more than £50! I still rarely carry cash in any amount though. 

[Bender]

Cash use has increased as has use of atm's.....

[Terry Came]

17 hours ago, S-Westerly said:

Hotel prices these days you'd need a tad more than £50! I still rarely carry cash in any amount though. 

Trust me, before I retired I carried significantly more than £50. Now, I consider £50 enough to cover most eventualities. Anymore than that, they can sort their wi-fi out!

[S-Westerly]

5 minutes ago, Terry Came said:

Trust me, before I retired I carried significantly more than £50. Now, I consider £50 enough to cover most eventualities. Anymore than that, they can sort their wi-fi out!

I'm still awaiting this mythical thing called retirement despite being on the wrong side of 67. I suggested to my employers that perhaps I'd retire this year but was told they'd prefer me to carry on. Don't know whether to be flattered or not. I suspect it's more a case of being the last man standing when they need to wheel out a Brit.

[Terry Came]

23 minutes ago, S-Westerly said:

I'm still awaiting this mythical thing called retirement despite being on the wrong side of 67. I suggested to my employers that perhaps I'd retire this year but was told they'd prefer me to carry on. Don't know whether to be flattered or not. I suspect it's more a case of being the last man standing when they need to wheel out a Brit.

I know how you feel. I'm now down to one day a week, sometimes. It's fine. It pays for my toys. 

[bonio]

1 hour ago, S-Westerly said:

I'm still awaiting this mythical thing called retirement despite being on the wrong side of 67. I suggested to my employers that perhaps I'd retire this year but was told they'd prefer me to carry on. Don't know whether to be flattered or not. I suspect it's more a case of being the last man standing when they need to wheel out a Brit.

I gave my boss 11 months notice I was going to retire. He needed it; it took him fully eight months before he could speak to me civilly again. Thankfully he's over it now, and I can leave on good terms. 30 working days left. 

[rennie]

I always have some cash on me just in case 

[Bender]

3 hours ago, S-Westerly said:

I'm still awaiting this mythical thing called retirement despite being on the wrong side of 67. I suggested to my employers that perhaps I'd retire this year but was told they'd prefer me to carry on. Don't know whether to be flattered or not. I suspect it's more a case of being the last man standing when they need to wheel out a Brit.

Retire now, your a long time dead.

[S-Westerly]

48 minutes ago, Bender said:

Retire now, your a long time dead.

Ah but I'm addicted to the money! And being at sea is something I enjoy.

Edited January 1 by S-Westerly

[Bender]

46 minutes ago, S-Westerly said:

Ah but I'm addicted to the money! And being at sea is something I enjoy.

You pays your money and you makes your choice.

[S-Westerly]

8 minutes ago, Bender said:

You pays your money and you makes your choice.

Indeed. My former fleet manager is now out in China supervising the building of a series of new build large ferries for Stena. He is 81. I bumped into him a few years ago and asked him when he was retiring? His response- "retire? wtf would I retire? I'd only f**king die!" Don't plan on going that long but......remember I only actually work for 6 months or so in exchange for 12 months salary.

[Bender]

13 minutes ago, S-Westerly said:

Indeed. My former fleet manager is now out in China supervising the building of a series of new build large ferries for Stena. He is 81. I bumped into him a few years ago and asked him when he was retiring? His response- "retire? wtf would I retire? I'd only f**king die!" Don't plan on going that long but......remember I only actually work for 6 months or so in exchange for 12 months salary.

I get it but the clock is ticking and you can't spend it when your errr dead.

 

I wish I had planned for retirement earlier, I would be finished by now

[S-Westerly]

8 minutes ago, Bender said:

I get it but the clock is ticking and you can't spend it when your errr dead.

 

I wish I had planned for retirement earlier, I would be finished by now

Ah, but I do spend a fair bit when I'm lolling about on leave for 3 months. Admittedly this time of year isn't the best for gallivanting but....

[Pie man]

I hardly carry any cash these days, in fact I don't carry any, everything under £100 is paid by phone, everything when touring is paid for by credit card 

 

Funnily enough, me and the Mrs were sat in a Bar in York yesterday afternoon and the retirement conversation cropped up, I will be looking at my options next week. I would like to retire before I'm 60 or on my 60th Birthday. 

 

[Bender]

1 hour ago, Pie man said:

I hardly carry any cash these days, in fact I don't carry any, everything under £100 is paid by phone, everything when touring is paid for by credit card 

 

Funnily enough, me and the Mrs were sat in a Bar in York yesterday afternoon and the retirement conversation cropped up, I will be looking at my options next week. I would like to retire before I'm 60 or on my 60th Birthday. 

 

Good luck, we could just about do it now but holidays would take a huge hit but it is on the cards, we have a timescale and the end is in sight.

[rennie]

Originally I was going to retire at 55! Then 60! I'm 62 and a half now and still employed 

 

I don't intend going all the way to 67 but something always seems to get in the way. 

 

If I hadn't changed career I would have had to stop by now cos I simply couldn't do it. 

 

[Tinkicker]

When I hit 60, I knocked Fridays on the head.  I retire at 67 and will probably be working a 3 day week by then.

 

Some silly sods at work who are long over state retirement age, whose grown up kids and grandkids are still clinging to the notion that they have a large money tree in the back garden, and as a consequence, cannot afford to retire....

 

[JRH]

4 hours ago, Tinkicker said:

 

Some silly sods at work who are long over state retirement age

 

There was a guy where I worked that was past normal retirement age. His response as to why he was still working was:

 

I don’t pay NI now so that allows me to do a 4 day week and get virtually the same pay. I work in an air conditioned/ heated office so that’s a saving on my house hold bills and I have no family so I might as well be at work.

 

Me, I retired as soon as I could afford to, didn’t wait to 66.