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What is the Eftpos limit per day

Posted by Meekz Meekz
Message 1 of 3 1,492 Views

Hi, I want to purchase something for 4500$ the money is in my account I don’t have a MasterCard. Is this possible? 

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Re: What is the Eftpos limit per day

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Posted by BrianL BrianL
Message 2 of 3 1,473 Views

If thats online then you can use online banking else there is no way. Also get a card if you dont have one from the bank.

 

Regards,
Brian.

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Re: What is the Eftpos limit per day

Posted by DanaeC DanaeC
Message 3 of 3 1,464 Views

Hi @Meekz, @BrianL is correct.

 

If you don't have a bank card, you're unable to make purchases using EFTPOS, and you'll need to request the details to make an electronic funds transfer instead. You can order a card via the "Self Service > Order Debit Mastercard" tab in your Online Banking. Please note that once ordered, it can take up to 10 business days for this to arrive.

 

As an FYI once you have the card, selecting the "Credit" option at the terminal (instead of "Cheque" or "Savings") 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.

 

The $1000 limit will remain effective for ATM withdrawals ($2000 for Bankwest and CBA ATMs), and EFTPOS purchases using Cheque or Savings, or using a standard Debit Card. I do apologise, though this limit is not able to be increased.

 

Thank you.

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