Debit card batching - KPLC 7 News, Lake Charles, Louisiana

Debit card batching

By Adam Hooper - bio | email

LAKE CHARLES, LA (KPLC) - Every time you swipe your debit card money comes out of your bank account, but in some cases more than you expect.

"Hotels and car rental companies will tack on a deposit, anywhere from $10 to $100, and possibly even $300. This is in addition to the rate and taxes that you're going to pay anyway," said Brandi Segura with MainStreet Financial. 

It is called batching, and could end up costing you more than expected. You get the money back, but that could take weeks. In the meantime, the holiday costs could put your bank account in the red. Brandi Segura with MainStreet Financial said one tactic for avoiding the added charges, is not using your debit card to make the reservation.

"Credit cards are good for travel expenses, because you're not tying up the funds that you might use on a day-to-day basis. That low interest rate may cost you less in the long run, rather than paying each transaction fee that you make on your account," said Segura.

If you are planning a vacation this summer, with hotels, and rental cars, and you want those expensive holds to be kept off your personal checking account, a good way to do this is by signing up for a prepaid debit card.

"It's one thing that's very safe when you're traveling. You are not using money directly linked to your financial institutions. You have a set amount, so you are budgeting yourself, first of all, and you can get those funds replaced if it is stolen," said Segura.

Click here for a link to MainStreet Financial.

Copyright 2010 KPLC. All rights reserved.

  • More Local NewsNewsMore>>

  • Wildlife expert lecture canceled at McNeese

    Wildlife expert lecture canceled at McNeese

    Friday, April 20 2018 9:42 AM EDT2018-04-20 13:42:00 GMT

    Tonight’s presentation by wildlife expert Peter Gros in F.G. Bulber Auditorium as part of Banners at McNeese State University has been canceled due to a family emergency for one of his animal handlers. Gros had been expected to talk about his time as host of the original “Mutual of Omaha’s Wild Kingdom” series.  He is a frequent lecturer on conservation and preservation at universities, zoos, theaters and nature and science centers around the nation. Tic...

    More >>

    Tonight’s presentation by wildlife expert Peter Gros in F.G. Bulber Auditorium as part of Banners at McNeese State University has been canceled due to a family emergency for one of his animal handlers. Gros had been expected to talk about his time as host of the original “Mutual of Omaha’s Wild Kingdom” series.  He is a frequent lecturer on conservation and preservation at universities, zoos, theaters and nature and science centers around the nation. Tic...

    More >>
  • Southwest Louisiana Booking Report: Thursday, April 19

    Friday, April 20 2018 8:49 AM EDT2018-04-20 12:49:23 GMT
    Leon Washington, 35, Lake Charles, LA: Domestic abuse battery, resisting an officer. Javonte Landry, 22, Lake Charles, LA: Possession of a controlled dangerous substance, schedule I, illegal carrying of weapons, 1st offense, operating vehicle while license is suspended. Lucas Doman, 43, Sulphur, LA: Possession of a controlled dangerous substance, schedule II, prohibited acts; drug paraphernalia, possession of marijuana; 1st offense. Rysean Jackson, 18, Lake Charles, LA: produce, ma...More >>
    Leon Washington, 35, Lake Charles, LA: Domestic abuse battery, resisting an officer. Javonte Landry, 22, Lake Charles, LA: Possession of a controlled dangerous substance, schedule I, illegal carrying of weapons, 1st offense, operating vehicle while license is suspended. Lucas Doman, 43, Sulphur, LA: Possession of a controlled dangerous substance, schedule II, prohibited acts; drug paraphernalia, possession of marijuana; 1st offense. Rysean Jackson, 18, Lake Charles, LA: produce, ma...More >>
  • Ribbon cutting held for new behavioral health hospital

    Ribbon cutting held for new behavioral health hospital

    Friday, April 20 2018 7:15 AM EDT2018-04-20 11:15:33 GMT

       The Archer Institute is the lake areas' first state of the art mental health facility. The Lake Charles Memorial Health System along with local psychiatrist and mental health leader Dr. Dale Archer have joined forces to create an innovative behavioral health treatment center that will provide care for adults and children struggling with behavioral health issues.  "This is the first free standing hospital that's been built in over 40 years in the state of Louis...

    More >>

       The Archer Institute is the lake areas' first state of the art mental health facility. The Lake Charles Memorial Health System along with local psychiatrist and mental health leader Dr. Dale Archer have joined forces to create an innovative behavioral health treatment center that will provide care for adults and children struggling with behavioral health issues.  "This is the first free standing hospital that's been built in over 40 years in the state of Louis...

    More >>
Powered by Frankly