Q: I updated my account info and iTunes charges me for something I didn't buy. Why?
The amount shown on my credit card pending charges is $1.00.
iPhone 4
Posted on Jun 3, 2012 9:42 AM
From iTunes Store & Mac App Store: About payment card authorization holds, http://support.apple.com/kb/HT3702
"As with many other merchants, the iTunes Store and Mac App Store places an authorization hold on your payment card account for the approximate amount of any purchase you make. Similarly, if you update your billing information, the iTunes Store or Mac App Store will place an authorization hold on your payment card account, usually in the amount of 1 USD, to verify your account information.
You might see such authorization requests on your online statement. These requests are not actual charges; they are tests to confirm that your payment card account is active and has available funds to accommodate transactions. Authorization holds are removed by your financial institution shortly after your purchase clears. The amount of time it takes to remove authorization requests varies by financial institution."
Posted on Jun 3, 2012 9:50 AM