Bankwest Forum

Ask a new question
New Member

Savings account debit limit

Posted by 1972 1972
Message 1 of 2 606 Views

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

0 Kudos

Re: Savings account debit limit

Posted by DanaeC DanaeC
Message 2 of 2 601 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.

Was this helpful? Then give it 'Kudos'!

If your question was answered, select 'Accept as Solution' to make it easier for others to find.

0 Kudos
Ask a new question
Top kudoed contributors

Bankwest SWIFT code: BKWAAU6P
© 2019 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.