No. Under normal circumstances, no money will be deducted. After pre-authorization is made, this part of the amount will be frozen in the available limit of your credit card, occupying the available limit. If the pre-authorization is not completed or the pre-authorized transaction is cancelled, this part will be frozen. The quota will be automatically unfrozen after 30 days.

For example: when you check into a hotel, you make a pre-authorized transaction of 1,000 yuan, and when you check out, you spend 400 yuan. If you choose to complete the pre-authorization at this time, then 400 yuan will be deducted from the card, and another 600 yuan will be deducted from the card. Yuan will be automatically unfrozen and returned to your available balance.

Generally speaking, even if the pre-authorization revocation is not actively performed, the bank will automatically cancel the credit card pre-authorization after a certain period of time. However, it should be pointed out that the risks of pre-authorized transactions are actually no different from the risks of direct card consumption.

After a hotel or air ticket agency requires the cardholder to provide a credit card guarantee due to shortage of rooms or air tickets, if the customer needs to cancel the order but does not process it before the time specified by the merchant, the merchant can still follow the instructions. It is agreed that the amount will be transferred based on a corresponding proportion of the room fee or air ticket price, and the bank will not refuse payment.

Reference Credit Card Pre-Authorization Baidu Encyclopedia