1. What does the $4000 point of sale limit mean? Can I make a purchase at a store with my physical card for up to $4000 in one transaction?
Answer: The $4000 point of sale limit means that you can spend $4000 total per day in a rolling 24-hour period and you can either have several purchases totaling $4000 or one purchase equaling $4000.
2. I see I have a $500 Daily ATM withdrawal limit and a $300 limit per transaction ATM withdrawal. This means I can only withdraw a max of $500 daily in 3 transactions of $300 and $200, right?
Answer: The $500 Daily ATM withdrawal limit is just that. The maximum ATM withdrawal limit per transaction is $300 which also needs to include the ATM fees. You have a total of 200 ATM count withdrawals, you just cannot exceed $500.
3. What is the difference between over the counter and POS (Point of Sale)?
Answer: Point of sale is the purchase total amount and over the counter is cashback. For example, if you go to a convenience store and use the card and then the machine asks if you want any cashback that is over the counter.
4. There is a $500 ATM withdrawal limit and a $1,000 total daily cash withdrawal limit. What is the difference?
Answer: The $1000 total daily cash withdrawal is the $500 daily ATM withdrawal limit and the $500 daily over the counter limit combined.
5. What does a $5000 Total Daily POS limit mean?
Answer: The $5000 total daily limit (POS) equals the $4000 point of sale and the $1000 total daily cash withdrawal.
|Point-of-Sale Daily Limit|
|Daily ATM Withdrawal Limit||$500|
|Per Transaction ATM Withdrawal Limit||$300|
|Daily Over-the-Counter Limit||$500|
|Per Transaction Over-the-Counter Limit||$300|
|Total Daily Cash Withdrawal||$1,000|
|Total Daily Limit(POS)||$5,000|
|ATM Count Withdrawals||200|