Sword Of The Lord With Electronic Edge

Friday, March 11, 2011

Debit card spending limit? Banks consider a $50 cap - Yahoo! Finance

READ MORE: Debit card spending limit? Banks consider a $50 cap - Yahoo! Finance: "Declined! Your debit card may soon be denied for purchases greater than $100 -- or even as little as $50.

JPMorgan Chase, one of the nation's largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with knowledge of the proposal. And the cap would apply even if you run your debit card as credit."

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