I have EZ Pass with a replenishment threshold at $100 and then billed $384 every month. What happens with the $100 that is maintained at the so called threshold ?

That state thanks you for the $100 interest free loan for as long as you have EZ Pass.

This.

 

I have been giving them an interest free loan since 1994 when they first implemented EZ Pass on the Tappan Zee with the original blue transponders (I have an EZ Pass account number in the #3xxx range!).  They control the system and make the rules.

Lower it, if it suits your thruway usage. Why let the state have the money? Mine is $10, with two vehicles, but we are not real frequent users.

New York does NOT thank us for the interest free loans!  It must go to FUAC somehow...
Just think about how much money is there, consider that every vehicle has a minimum of $20.00 low balance.  Millions of cars means tens of millions of dollars!

This...  Unless the replenish threshold is based on usage?  If that's the case they probably do it so they aren't processing a ridicules amount of transactions each day?

I think mine is $10 or $20 but I only use it a few times a year.  For me the convenience is worth it.  

If for some reason you stop using it just cancel it, get your $100 back, then after a while start a new account with a  lower threshold?

The more you use it the higher the threshold amount. The account starts at $25 now, and if you have more than two or three replenishments in a month, they will raise it and continue to do so until your normal use keep it only one or two replenishments a month.

The credit card companies get their cut (1%-2% depending on the company) for every transaction, so the state doesn't want to have to keep paying those fees several times a month.

You can try to have it lowered, but if you consistently use it every month, they wont lower it until you have a couple months of little to no use. They look at historical usage, so if you used $20 each month for the past year, then all of a sudden you used it for one month of $350, but the next month is back to $20, it may get lowered.

It raises millions of dollars the state gets to keep the interest on, but the state also has to pay the service charge for every credit card transaction. Your card gets charged $100 and $100 goes into your ezpass account. The CC company charges NYS a 1% service fee, which gets paid by the state, not your account balance.

I would really like to see this on a spread sheet for public review and posted annually and go from there.

Not

 
trying to be a dick to you brother, but what do you think that would do?  EVERYONE knows this state is ripping us off, they are going to jail every month for it, and the FSA keep voting them in. Its a waist.  The whole paid toll road is a super rip off!  Every heavy vehicle in NYstate pays 1.5 cents per mile they travel.  This state is in no way short of funds for the roads.

That's why I bought my EZ Pass from NH.  FUNY.  Also, they let you choose external transponders.

Your not being a dick. I realize the state is ripping us off I'm just asking for accountability. Who works for who?

FUAC

My threshold is around $150 and it hits my credit card but there are times it goes well below the $150 depending on activity. Its sucks there holding my dough but it beats sitting in line waiting to pay at every toll and bridge.

Wife takes care of the 3 that we have.  Not a lot of toll road useage in my area.  Only take the thruway if we're really crunched for time, otherwise there are "free" roads that run parallel to the thruway.