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Savings account debit limit

Posted by 1972 1972
Message 1 of 2 153 Views

How can I change my debit limit on my savings account?

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Re: Savings account debit limit

Posted by DanaeC DanaeC
Message 2 of 2 148 Views

Hey there @1972, thanks for your question.

 

While $1000 is the daily purchase limit using the "Cheque" and "Savings" options on a standard Debit Card, selecting "Credit" on a Debit Mastercard at an EFTPOS terminal will give you access to all of the available funds in your account.

This means that you will be able to process purchases over $1000 in one transaction, provided that the funds are cleared and available in your account, and that the merchant does not have a set purchase limit.

It may interest you to know that as a Bankwest customer, you can withdraw up to $2000 per day from any Bankwest or CBA ATM. The $1000 withdrawal limit from all others will stand - these amounts are unable to be increased I'm sorry.

I do hope this helps.

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