Westpac Unveils Major Changes to Debit Cards, Including $1000 Withdrawal Limit
By Dave Oneegs Aussie Chat
Strayla…
She’ll be right mate.
“Westpac has unveiled major changes to how customers use their debit cards, enacting a $1000 default cash withdrawal limit amid dwindling levels of cash withdrawals across the country.
The major bank will also cap transaction limits at a default of $8000 when selecting a ‘credit’ payment — currently, a customer’s limit when tapping, inserting, or making online payments with a debit card is their available balance.
Customers will still be able to set different limits for cash withdrawals.”.