It says £100 on the shiney hologram thing, but is that £100 per transaction, or £100 per day, or £100 per month?
I'm new to using a debit card.
2007-01-23 06:17:52 · 9 answers · asked by v stupid 2 in Business & Finance ➔ Other - Business & Finance
The £100 hologram indicates that you can use the card to guarantee cheques up to the value of £100.
You will be able to withdraw between £250 & £300 from the ATM machine in any one day.
You will be able to use the Debit Card facility to purchase goods or services to the value of your account balance.
Example ---- If you have £1000.00 in your Bank Account you can go into a Travel Agents and book a holiday costing £999.99 and pay using your Card. If the Holiday costs £1299.99 you will not be able to pay in full using your card as anything over £1000.00 will be declined.
2007-01-23 11:28:14 · answer #1 · answered by angie 5 · 1⤊ 0⤋
This Site Might Help You.
RE:
How much can I spend on my Visa Debit card?
It says £100 on the shiney hologram thing, but is that £100 per transaction, or £100 per day, or £100 per month?
I'm new to using a debit card.
2015-08-10 09:10:52 · answer #2 · answered by Buena 1 · 0⤊ 0⤋
The only regulation on a debit card is normally when withdrawing cash from an ATM. Transactions should not matter if you have sufficient funds. The 100 may me a max withdrawl from an ATM at a particular time. A debit card is normally just a check-card that withdraws from your checking account. If you have the funds, spend away!
2007-01-23 06:25:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I believe that that is the limit for guaranteeing cheques. I have used debit cards for thousand plus pound purchases. If the money is there, a debit card should pay it. If this is an abnormal transaction, or you use it several times in a row for large amounts, you may be referred to security- this happened to me when I was booking a holiday and renting a car on the same day- I was asked a series of security questions before the second purchase was authorised.
2007-01-23 06:23:48 · answer #4 · answered by Oldbeard 3 · 0⤊ 0⤋
The £100 refers to Cheque Guarantee value . The card will allow you to spend until your account is empty , this card is NOT a Credit Card so if you aren't prepared to spend your own cash don't spend anything on it.
2007-01-23 06:23:58 · answer #5 · answered by Paul Sabre 4 · 0⤊ 0⤋
1
2017-02-10 06:31:14 · answer #6 · answered by ? 4 · 0⤊ 0⤋
If your card is not working out for then then you might want to get a Cred Card - which is a pre-pay debit card here:
http://www.awin1.com/awclick.php?mid=1323&id=7&clickref=yans
2007-01-24 07:14:57 · answer #7 · answered by Anonymous · 0⤊ 0⤋
You can spend up to £100 on each transaction. However, you can only spend what is in your account as the bank will stop the card is you go overdrawn.
2007-01-23 06:21:56 · answer #8 · answered by Anonymous · 0⤊ 2⤋
Hi - it's normally 100 per day. It resets each day. Hope this helps!
2007-01-23 06:26:24 · answer #9 · answered by Steven 2 · 0⤊ 1⤋