How do I release the hold on my credit card?

To release your deposit and void the pending authorization on your card, follow the steps below:

 Step 1. Log into your AutoBidMaster account

Step 2. Click on the “Buyer Power” icon at the top of the page

Step 3. In the “Deposit Transaction History” click on release

Please Note: The hold on your credit card will not be released if you have a bid in an auction that hasn’t ended, or there is an outstanding balance on your account. Once the hold on your credit card is released, your buyer power will be set to zero. To bid on another auction you will need to place another deposit.

Once the hold on your credit card is released, your buyer power will be set to zero. To bid on another auction you will need to place another deposit.

Your security deposit is an authorized hold on your card in the form of a pending transaction, not a charge. Your financial institution will clear the pending transaction. You will not see a refund in the amount of your deposit because the authorization was only a pending amount, not a charge.

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