Have you tried to buy fuel at a U.S. gas station with your Canadian credit card, only to be stymied by the request to “enter your zip code”? Before you can fill up, you must head to the cashier to preauthorize/prepay and then return.
Tip: When prompted for your zip code on a U.S. gas pump, enter the “numbers only” of the postal code associated with the credit card, plus 2 zeros. Just ignore the letters, i.e. M5B 3K1 becomes 53100. You will be able to preauthorize at the pump.
See below for my Friday Debrief.
- Ellen Roseman writes about booking a cheap, no frills bus ride from Toronto to Montreal but don’t expect any customer service if something goes wrong.
- Frugal Trader at Million Dollar Journey researched U.S. dollar credit cards from Canadian banks that can help you save on foreign exchange fees.
- Michael James points out that hard work doesn’t always result in success when it comes to investing. The debate about active vs. Couch Potato investing continues.
- Canadian Capitalist also weighs in on the Couch Potato debate.
- Money Smarts Blog comes up with a way to leverage a HELOC to lower your effective mortgage interest rate.
- Brian Cantor discusses customer backlash and rising costs stemming from cyber attacks and poor security.
- Believe it or not there are countries that don’t have a McDonald’s. AFP reports that Bosnia has removed itself from that list.