Debit card spending limit? Banks consider a $50 cap - Mar. 10, 2011
How's this going to impact, well .... everything? They are saying this will impact your debit cards if you use the PIN or if you use it as a credit card, same limit.
Think about online purchases...going to get gas, just the whole nine yards. You know you wear the stripe off your debit card before the expiration date even gets close . Its almost as if they are driving us into credit debt collectively or forcing people into a cash lifestyle again.
Oh yeah, another article linked off there says to watch your card's annual fee, rates and of course, watch your checking account fees as they are all expected to climb come April when new rules go into effect
Thoughts?
How's this going to impact, well .... everything? They are saying this will impact your debit cards if you use the PIN or if you use it as a credit card, same limit.
Think about online purchases...going to get gas, just the whole nine yards. You know you wear the stripe off your debit card before the expiration date even gets close . Its almost as if they are driving us into credit debt collectively or forcing people into a cash lifestyle again.
Oh yeah, another article linked off there says to watch your card's annual fee, rates and of course, watch your checking account fees as they are all expected to climb come April when new rules go into effect
Thoughts?