Dec 22, 2010
www.bankofamerica.com Bank of America Debit Card Limit
Bank of America Debit Card does everything an ATM card can do and more. It's accepted at all Bank of America ATM locations, and you can also use it to purchase goods and services everywhere that Visa® Debit cards are accepted. If you have a Debit Card, you don't need to carry your ATM card. You can use your Debit Card everywhere Visa® Debit cards are accepted, just like a credit card. However, your Debit Card is not a credit card, so you don't pay interest charges. We deduct each purchase amount from your Bank of America checking account and list the details on your monthly statement.
Debit card limits from Bank of America depend on the type of debit card design that you are using. A wide range of Bank of America Debit Card Designs is made available to eligible consumers. With a business ATM card, you will be able to withdraw cash amount of up to $700 from your account balance per day. Consumers having a debit card with a checking account has daily spending limit of $5,000. For Bank of America debit card activation, the customers are provided with a personal identification number by the bank. By inserting this PIN at an ATM of the bank, customers can activate their debit card.
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