The $1200 amount comes from it being what the tools actually cost if you wanted to buy them. The hold is to bypass the whole “charge $1200, then return for $115

The $1200 amount comes from it being what the tools actually cost if you wanted to buy them. The hold is to bypass the whole “charge $1200, then return for $1150 credit” rigamarole. Doing that would affect your credit usage and could kill your score if it wasn’t returned before the card due date; A hold doesn’t.