cash withdrawal limit and supermarket cashback

silentscream999

hi all,
i wasnt sure where to put this but anyways i would like to ask, if you use up your daily ATM cash withdrawal limit (say 300) then would you still be able to to recieve cashback at a supermarket with that same debit card ???

I know the easiest way would be to go find out for myself but i do not want to be left red faced if the card declines

anyways im guessing as long as the supermarket does the transaction as a sale and not a cash withdrawal it should be ok ??

silentscream999

also is there a limit to the amount of cashback you can get ?

ShelfStacker_3

There's no limit on cashback other than the shop's own limit. Most only give out £50-£100 at a time, however.

~Beanie~

The daily ATM withdrawal limit is not connected to anything else so (assuming you have the available funds) will be able to withdraw £300 from an ATM and then get cashback as well.

I was under the impression that you were only allowed £50 cashback per transaction though?

ShelfStacker_3

~Beanie~ wrote: »

I was under the impression that you were only allowed £50 cashback per transaction though?

Depends on the retailer.

YorkshireBoy

ShelfStacker wrote: »

Depends on the retailer.

And on the bank issuer, because some cards themselves are limited to £50...whereas others allow £100 (as you say, if the retailer does).

Inactive

...or £250, mine has for years.

woozywendy

When I was on holiday at the onsite shop I paid for 3 items separately and got £50 cashback each time. The woman on the till told me to do it this way as the cash machine charges £2.50 I only bought 3 chocoate bars.

~Beanie~

I work in a shop and it won't allow us to give more than £50 cashback, even if someone has a goldcard with a £500 per day limit. The actual machine won't allow it, if you try to input £60 for example, it comes up with a mesage along the lines of 'maximum for this transaction is £50'.

We would do the same as in woozywendy's case, put it through numerous times.

Darts

Without casting any aspersions, multiple supermarket cash-back transactions used to be a favourite tactic for debit card fraudsters to maximise their ill-gotten gains, along with £250 ATM withdrawals 5 minutes either side of midnight.