Limit on Visa Debit card.

Kathyan | 07:44 Wed 19th Oct 2011 | Personal Finance

4 Answers

I have just got a loan to pay off my catalogues (less interest!) and I have just tried to make a £2000 payment, but couldn't. I tried £1000 and it was OK. So I had to do two seperate payments. Does anyone know why I couldn't pay the £2000 in one go?

Squeezing the middle & strangling the poorest

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factor-fiction

Did you do both payments on the same day or over two days?

Kathyan

Question Author

On the same day.

factor-fiction

I assume that the account terms and conditions puts a limit on the size of a single transaction, but I'm surprised that they allow you to make two large payments. Is it likely to be an issue for you in future? If so then you need to read the account's terms and conditions

Kathyan

Question Author

Not really an issue, but I did wonder why I couldn't make the payment in one go!

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