posted on Mar, 31 2010 @ 08:06 PM
Just for an additional perspective on the issue... I am also a customer of Wachovia, and I have been for over 12 years. For as long as I have been a
customer, I have always had a daily maximum withdrawal limit of $500. In fact, any time a new card is mailed to you, they tell you in black and white
on the piece of paper to which your new card is affixed what you daily ATM limit is as well as your daily spending limit while using your card as a
debit/credit card. There is no limit if you go in the back to withdrawal money, however.
Also, my parents have also been customers of Wachovia (they were customers of First Union which Wachovia bought some years ago) well before I was, and
they, too, have always had a daily withdrawal limit at the ATM of $500. I only distinctly remember this because one time when we were at Disney
World, my father made several withdrawals in one day. Eventually, the ATM would not let me take out any more money. When he called the bank to find
out why, they explained it was because of the $500 daily limit. This was before debit/check cards so we had to wait until the following day to spend
more money because no place was going to take an out of state check (and my parents don't use credit cards).
Now, I'm sure every bank is different and has their own limits (some higher, some lower). Some may even vary the limits from customer to customer.
For example, I have a regular checking account and have a daily debit/check card purchase limit of $10,000. My parents have crown accounts, and if I
remember correctly, there daily purchase limits with their check cards is $50,000.
I really don't think there's anything to worry about.