Author Topic: Debit cards: $50 spending limit coming?  (Read 1622 times)

Offline Bp

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jan 2011
  • Posts: 1022
  • Total likes: 1
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NYC

Offline Cholentfresser

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Mar 2009
  • Posts: 1921
  • Total likes: 50
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Debit cards: $50 spending limit coming?
« Reply #1 on: March 10, 2011, 02:06:12 PM »
I don't think this'll bother too many people. who uses debit anyway?
In order to understand recursion, you first need to understand recursion.

Offline Yaalili

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jul 2009
  • Posts: 12811
  • Total likes: 478
  • DansDeals.com Hat Tips 157
  • Gender: Male
    • View Profile
  • Location: Crown Heights, NY
Re: Debit cards: $50 spending limit coming?
« Reply #2 on: March 10, 2011, 02:59:33 PM »
I don't think this'll bother too many people. who uses debit anyway?
Of course it bothers people. I use debit all the time, being that i don't have a credit card yet. With the new rules u can't even buy a airline ticket...

Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Diamond Elite
  • **********
  • Join Date: May 2008
  • Posts: 68976
  • Total likes: 17341
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA GS, AA EXP, DL Dirt, Hyatt Glob, Fairmont Lifetime Plat, DD Diamond, Blocked By @NeriaKraus
Re: Debit cards: $50 spending limit coming?
« Reply #3 on: March 10, 2011, 03:03:37 PM »
Of course it bothers people. I use debit all the time, being that i don't have a credit card yet. With the new rules u can't even buy a airline ticket...
Do you at least have a secured credit card?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline lubaby

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2010
  • Posts: 5386
  • Total likes: 736
  • DansDeals.com Hat Tips 12
    • View Profile
Re: Debit cards: $50 spending limit coming?
« Reply #4 on: March 10, 2011, 07:17:41 PM »
The article wasn't that clear. Is that for all purchases that are made on the card, or only ones that are precessed as debit? Meaning if you swipe it as credit, do you still get capped?

Offline Avid Reader

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2008
  • Posts: 4023
  • Total likes: 13
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: NYC
  • Programs: Starwood Gold, Accor Gold, Hilton Gold, Hertz Five Star Gold, Marriott Silver, National Executive
Re: Debit cards: $50 spending limit coming?
« Reply #5 on: March 11, 2011, 03:29:05 PM »
The article wasn't that clear. Is that for all purchases that are made on the card, or only ones that are precessed as debit? Meaning if you swipe it as credit, do you still get capped?

Even credit purchases.
Quote
And the cap would apply even if you run your debit card as credit.