Um, how do you get the cash, when most of us have our incomes direct deposited into our checking accounts, if there is a $100 limit on debit card transactions?
For those who actually still get checks, will the banks continue to “cash” them if the customers don’t deposit funds?
I would say that we would all have to go back to writing checks for everything, including groceries. The banks won’t like that, the grocers won’t like that, the customers waiting in line won’t like that.
An ATM card does not have to be a “debit” card. If yours serves both purposes like most do, contact your bank and ask for an ATM card that is NOT a debit card.