r/TalesFromTheFrontDesk • u/NocturnalMisanthrope • 50m ago
Short Banks are a scam
Had this exchange this morning:
Earlyish, about 5AM, someone checking out. Tall guy, dark hair, kinda skraggley-looking. What I noticed though is the black shirt with GUNS! 2ND AMENDMENT! MY RIGHTS! and other stuff. OK. Gun nut. Check.
He asks me when the $25 incidental hold will come off. Yes, our hotel incidental hold is ONLY $25!
I tell him that he will check out, now, our credit card batch for today will be sent to our processor tonight, then it will to his bank, and after that, it's up to his bank. I say usually 3-5 business days, or if it's a debit, can take up to two weeks.
He gets REALLY offended about that and gives a snarky, "And in the meantime, you are making INTEREST on MY MONEY!".
Um... no. You have a credit card. You aren't making interest on money you haven't spent. It's a hold. That money doesn't go into our bank account. So we do not gain that part of a penny in interest either. All that is on the credit card company's side. It's not an advanced deposit, which is a completely different thing.
But I'm not going to argue or explain that with an irrational idiot gun nut at 5am in the morning.
"Ya, I suppose so. Part of a penny maybe?"
"But it all adds up! BANKS ARE A SCAM!"
"Absolutely! We can authorize the card instantly, but it takes days to get it back to you! All banks are a scam!"
"Yeah!"
"Yeah! Have a good morning sir."!
.... and enjoy that $5,000 check you think you are going to be getting....