September 21, 2023 9:24 am

Westpac Unveils Major Changes to Debit Cards, Including $1000 Withdrawal Limit

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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.”.

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