Any knowledge on the duration/renewal of the cash withdrawal limit on Amazon VISA cards?
Presently in Europe, just ran into this, phoned to check, and was told that the limit renews on the statement date.
I commented that this is different to all other cards (that I could remember) which have daily and weekly limits. Statement date was confirmed.
I found the same advice from the call centre reported in another forum, although the poster commented that it wasn't true - he had withdrawn the limit repeatedly on consecutive days.
Anyone have direct / contradictory experience?
Anyone want to check the printout that came with the card? (left mine at home ).
Thanks!
Foreign ATM Withdrawals-Debit vs No FX Fee Credit cards
Re: Foreign ATM Withdrawals-Debit vs No FX Fee Credit cards
Peter
Patrick Hutber: Improvement means deterioration
Patrick Hutber: Improvement means deterioration
Re: Foreign ATM Withdrawals-Debit vs No FX Fee Credit cards
The cash withdrawal limit does not renew on the statement date. Once the transaction is posted, you can do another withdrawal. Been there, done that.pmj wrote: ↑17 Aug 2017 18:38 Any knowledge on the duration/renewal of the cash withdrawal limit on Amazon VISA cards?
Presently in Europe, just ran into this, phoned to check, and was told that the limit renews on the statement date.
I commented that this is different to all other cards (that I could remember) which have daily and weekly limits. Statement date was confirmed.
I found the same advice from the call centre reported in another forum, although the poster commented that it wasn't true - he had withdrawn the limit repeatedly on consecutive days.
Anyone have direct / contradictory experience?
Anyone want to check the printout that came with the card? (left mine at home ).
Thanks!
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
Re: Foreign ATM Withdrawals-Debit vs No FX Fee Credit cards
Thanks, Adrian2! Haven't had chance to check this yet - but I think my problem arose cos my successive withdrawals were on a Friday, then over the weekend, and the first one had not yet been posted. It's not enough that a transaction is "pending". Also, when it is posted, the $5 / 1% fee is visible, which it isn't when pending.adrian2 wrote: ↑17 Aug 2017 21:48The cash withdrawal limit does not renew on the statement date. Once the transaction is posted, you can do another withdrawal. Been there, done that.pmj wrote: ↑17 Aug 2017 18:38 Any knowledge on the duration/renewal of the cash withdrawal limit on Amazon VISA cards?
Presently in Europe, just ran into this, phoned to check, and was told that the limit renews on the statement date.
I commented that this is different to all other cards (that I could remember) which have daily and weekly limits. Statement date was confirmed.
I found the same advice from the call centre reported in another forum, although the poster commented that it wasn't true - he had withdrawn the limit repeatedly on consecutive days.
Anyone have direct / contradictory experience?
Anyone want to check the printout that came with the card? (left mine at home ).
Thanks!
Also pretty certain that the exchange rate is set immediately at the time of the transaction - even though it's not visible at the pending stage - cos the $values of the withdrawals never changed.
Kinda sad that the CC reps are providing wrong advice on this .
Peter
Patrick Hutber: Improvement means deterioration
Patrick Hutber: Improvement means deterioration
Re: Foreign ATM Withdrawals-Debit vs No FX Fee Credit cards
In some cases, the CAD value does change from its number displayed in the "pending" status. I can't remember if it's when the transaction is during business hours or otherwise.
True!
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
- Shakespeare
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Re: Foreign ATM Withdrawals-Debit vs No FX Fee Credit cards
I wish Mexican ATMs didn't use a dollar sign for the peso. When you have to select OK to withdraw $4000 and the account has nowhere near C$4000, you get a bit nervous.
Sic transit gloria mundi. Tuesday is usually worse. - Robert A. Heinlein, Starman Jones
Re: Foreign ATM Withdrawals-Debit vs No FX Fee Credit cards
Well, it's more likely than not that the dollar sign comes from the peso and not the other way around!Shakespeare wrote: ↑12 Dec 2019 12:55 I wish Mexican ATMs didn't use a dollar sign for the peso. When you have to select OK to withdraw $4000 and the account has nowhere near C$4000, you get a bit nervous.
finiki, the Canadian financial wiki
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]
“It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong.” [Richard P. Feynman, Nobel prize winner]