Unexpected Refunds

[nanos]

@coffeemadman

Is there any protections here, specifically for those who might not realise there was a refund, see their balance is £x and spend £y only to be charged fees when the payment goes out again?

No. Reminds me of this discussion:

Delayed card transactions and consequences

So, I wanted to post this here, in the hope that someone who knows more about the world of card transactions than I do could give an opinion. The following happened to me with a competitor of Monzo’s recently. I shall not name it (although I’m sure you can all guess who it is), because my question isn’t about the competitor, but about industry practices: In early September I went to Pret and paid with said competitor’s card. I got a notification and it was deducted from my account. About 5 da…