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The Statement

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Tag: lost stolen card

Why does my Debit Card have spending and ATM limits?

Why does my Debit Card have spending and ATM limits?

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This is a question we get asked a lot at Litchfield Bancorp and it’s actually a very common question regardless of whom you bank with. Protecting the customer plays a huge part in why ATM and spending limits are imposed. Should your debit card happen to be lost or stolen, you wouldn’t want the fraudster to be able to clean out your entire checking account. Continue reading “Why does my Debit Card have spending and ATM limits?”

Author Laura BerendsohnPosted on August 6, 2018October 6, 2020Categories Debt Management, Personal Lending, Young Savers, Your LBC TeamTags ATM, checking account, daily limits, debit card, Limits, Litchfield Bancorp, lost stolen card, Pin numbers, safety, Security, spending limits, transactions

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