My bank doesn't group it to cash/purchase - they lump it in pin/non-pin. So ATM and pin purchases both come out of the same limit - so a $300 limit would include the $40 I took out of the ATM and the $200 I spent on groceries. Silly banks
Originally Posted by
Peckish
Oh, I was talking about cash withdrawals, not point-of-sale transactions. Point-of-sale can go as high as you want. However, you can only withdraw $300 CASH maximum per day. So, if someone were to steal your card and get your pin, the most they could withdraw from your account would be $300 per day. However, if they were able to successfully use your debit card to make purchases, then the amount is unlimited (or limited to what's in the account).