I'm actually starting to think they are just charging the AC+ right now and then the they will charge for the Apple Watch before it ships. My AMEX also has a hold for $49 which is probably from before I had the GC applied to the order.
The first confirmation said the GC was fully consumed and my cc filled out the rest. But when I check the GC in my passbook, only $74 was deducted. A call to Apple couldn't fix it, at least not without canceling the order and reordering, losing my 4/24-5/8 delivery date. A friend of mine agreed to buy the remaining GC balance.
Edit: I re read what you said, maybe I should wait until I'm charged.
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