Originally Posted by
datlas
Yup, I talked to the CC company but they said I can't start the dispute process until the charge is "posted."
I had thought that these financial deals go through instantly, but apparently the "approve/deny" is instant but the actual posting/funds transfer takes 3 days.
Yep, if you look up your account online, you will see two sections of CC activity, posted and pending. The pending charges have been reserved against your available credit limit, but they are not officially charged to the account. Sometimes the amount that is pending is greater than the actual charge as in the case of restaurants where the final amount isn't determined until the tip is added in. Also sometimes hotels.