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Payment by Debit Card

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lindabealindabea Forumite
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When making a payment by debit card, do banks impose a daily or transaction limit.  I know there is usually a limit when making online faster payments, but I'd like to know if there are any similar restrictions with debit cards  
Before doing something... do nothing
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Replies

  • eskbankereskbanker Forumite
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    I don't believe so, and certainly haven't experienced this, but it's difficult to generalise - which account(s) are you referring to?
  • lindabealindabea Forumite
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    A payment from Metro Bank.  They have a limit of 21K (I think) when making a faster payment; and this is per trans/per day, but don't know if they have any restriction with DB card.  Like you, not aware of any restrictions, but I'd thought I'd check here  
    Before doing something... do nothing
  • TildaplumTildaplum Forumite
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    I had my Lloyd's debit card declined once when trying to make a large payment about 25k I think to NS&I to buy some bonds

    this thread may give you some more insight.
    https://forums.moneysavingexpert.com/discussion/5415198/paying-a-big-amount-by-debit-card/p2

  • born_againborn_again Forumite
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    Yes there are. But you won't get your bank to confirm the amount. As it is a security limit.
    Certain high risk retailers will have lower limits than the bank set.
    Places like NS&i tend to have a lot higher limit that other retailers. Due to the number of high value transactions.

    All you can do is make the transaction. If declined ring the bank and a marker can be put in place to allow it to then go through when you try again.
  • TildaplumTildaplum Forumite
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    Yes that's exactly what I had to do
  • JohnM5206JohnM5206 Forumite
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    The last twice when I have been paying for a car, the card has been put in to the reader and the salesman has then received a message to telephone a contact centre. I have then answered the various questions obviously to the satisfaction of the centre assistant and the transaction has been approved.
  • coachman12coachman12 Forumite
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    JohnM5206 said:
    The last twice when I have been paying for a car, the card has been put in to the reader and the salesman has then received a message to telephone a contact centre. I have then answered the various questions obviously to the satisfaction of the centre assistant and the transaction has been approved.
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    I have had exactly the same experiences as JohnM and it as easy as handing over cash.
    I have been surprised by the ease of use of Debit Cards in such a way , as my poor opinion of Banks and the whole banking system is surely well known on these Forums by now.
    I think the success and ease of use which JohnM and I have found is related directly to the way in which we are present during the sale and can be called to the phone by the Bank and can assure them, by answering every security question, that there is no fraud.
    What really annoys me is when Banks unilaterally decline a Debit Card transaction, whether it be to a new user or to a much-used online grocery supermarket-----often for relatively small or very small amounts, much to the consternation of the seller and much to my own annoyance. The Bank does not phone me or inform me or ask me if all is OK------they just cause mayhem. And, more often than not, they tell me, as soon as I find out ( which may be too late to save the purchase), and  phone them, that my Debit Card was merely randomly picked that day for ANY transaction to be declined. I think that is a disgrace. They should do just as they have done when I have been sitting with the seller eg. when buying a car-------make sure they talk to me before they take it upon themselves to cause havoc by declining payment just to amuse themselves.

    “Share your knowledge. It is a way to achieve immortality.”― Dalai Lama 
  • moleratmolerat Forumite
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    I paid for a car then went to the PO to tax it, the card transaction failed.  I tried a cashpoint and it rejected the card.  Went into branch and they said I had exceeded the daily limit but gave me enough cash over the counter to buy the tax.  Used the card next day without problems.
  • oli356oli356 Forumite
    160 posts
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    Yep and seems like they alll vary in the limits as well. 
    For example Monzo has £10k for daily card transactions and £10k for daily bank transfers.
    I don't see why the bank wouldn't tell you though if ask.. 
  • sausage_timesausage_time Forumite
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    FD declined my card and then blocked it when I tried to spend >£20k.  They said I should have called them in advance.
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