Comments on: Does Your Debit Card Have a Daily Spending Limit?

By: ahndk

ahndk — Wed, 30 Sep 2009 01:53:52 +0000

i ran into a debit card spending limit with capital one. needed to pay rent, could only pull out 400 or so. verbally wrestled with the less than reasonable customer support agents who repeatedly told me they could not increase the limit. i persisted and someone finally temporarily upped it for the day. as for the immediacy, the person had to tell me to “ok, try it now” about 5 times before it actually ended up going through.

i wonder how many times the woman behind the glass has seen the watched the same situation occur.

By: Mark

Mark — Sun, 21 Dec 2008 21:05:36 +0000

I actually ran into this problem a few years ago when I bought a big screen television. I had the funds available but my debit card wouldn’t allow the transaction because it went over my daily spending limit. The debit card was through my local regional bank. After this happened, I proceeded to open an account at a national bank and have never had this problem again.

By: Money Under 30

Money Under 30 — Fri, 19 Dec 2008 15:14:22 +0000

Wow, I just finished reading that. Thanks for sharing. That makes me so glad to use a small credit union and not BofA. I can deal with crap customer service when it comes to airlines, cable companies, even credit cards, but when it’s YOUR money in THEIR bank and they treat you like that it’s almost criminal.

If you don’t have time for the story, it basically says “Everyone in the United States that uses Bank of America has a daily spending limit [on debit cards] of 5000.00 no matter what.”

And it sounds like it’s a BIG pain in the ass to make an exception.

By: Grant

Grant — Thu, 18 Dec 2008 19:48:13 +0000

According to this story, BofA accounts have a daily limit:
http://consumerist.com/360064/bank-of-america-wont-let-you-access-your-money