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Paying for something higher that daily limit?

Posted by brycestandley brycestandley
Message 1 of 4 2,730 Views

So im in the market to buy a new laptop for tafe from JBHIFI, only problem is that they dont carry the particular model i want instore but they do online. Im not sure if i need to change any limits for transactions or if i can just buy the laptop like i would any other item online as long as the money is in the account? Even if my normal transaction limit is $1000 and i want the laptop thats $1900 if i pay online does it get allowed or rejected?

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Re: Paying for something higher that daily limit?

Posted by cgm cgm
Message 2 of 4 2,726 Views

If you have the funds in your account you should have no problems with this online purchase @brycestandley.

 

The online purchase will be processed as a credit transaction, bypassing the $1000 withdrawal/EFTPOS limit associated with Bankwest transaction accounts.

 

I learnt this the hard way after having my debit card declined in store!

 

Why does selecting credit on our debit card bypass this daily limit @PeteW?

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Re: Paying for something higher that daily limit?

Posted by MADR8 MADR8
Message 3 of 4 392 Views

Will this work not online as well ? If I plan on buying a car, sale price between 30k - 40k and I have the money in my account , can I simply press credit at the car yard and buy the car on the spot with out having to find one of ur few branches that will remain (after u close most of them down) to get either the cash or a bank cheque 

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Re: Paying for something higher that daily limit?

Posted by DanaeC DanaeC
Message 4 of 4 379 Views

Hi @MADR8, it certainly should do, as selecting "Credit" gives you access to the full amount of funds available in your account. You'd just need to check with the dealership that they don't have a floor limit - this being the amount that as a merchant, they aren't able to exceed.  Thank you.

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