{"id":46882148,"user":"pertymcpert","time":1770185863,"time_ago":"a day ago","type":"comment","content":"

Unnecessary rudeness.","comments":[{"id":46882167,"user":"koakuma-chan","time":1770185979,"time_ago":"a day ago","type":"comment","content":"

Strong language used for emphasis. I apologize if anyone was offended.","comments":[{"id":46882318,"user":"vasco","time":1770187326,"time_ago":"a day ago","type":"comment","content":"

It's also a lie, you can pay for many things without raising limits.","comments":[{"id":46882404,"user":"koakuma-chan","time":1770188066,"time_ago":"a day ago","type":"comment","content":"

Why does the bank decide what I can pay for? That's bullshit.","comments":[{"id":46882818,"user":"mschild","time":1770191768,"time_ago":"a day ago","type":"comment","content":"

What limit are we talking about though? Credit or debit?

Debit I'd agree would suck because it is your money. Credit cards on the kther hand is you lending mkney from the bank.","comments":[{"id":46883725,"user":"koakuma-chan","time":1770198436,"time_ago":"21 hours ago","type":"comment","content":"

They both have limits. I tried to buy socks via Apple Pay and it declined.","comments":[],"comments_count":0,"level":4,"url":"item?id=46883725"}],"comments_count":1,"level":3,"url":"item?id=46882818"},{"id":46882552,"user":"nananana9","time":1770189570,"time_ago":"a day ago","type":"comment","content":"

Because you put your money there and agreed to their rules.","comments":[],"comments_count":0,"level":3,"url":"item?id=46882552"},{"id":46883751,"user":"cess11","time":1770198646,"time_ago":"21 hours ago","type":"comment","content":"

It typically doesn't, it just implements compliance with laws and regulations in your jurisdiction.

Withdrawal and transaction limits are commonly such a thing, politicians get hounded because some people were frauded out of their monies and they feel a need to show that they're doing something about it.

Banking is very international, you can put your money in some other jurisdiction if you'd like to. Many transnational banks are connected to the usual payment providers, you can probably figure something out if you put your mind to it. One way to do it is to start a company, business accounts at banks generally have different limits and then you pay a lawyer or bean counter to clear how to do the books and pay appropriate taxes.","comments":[{"id":46883847,"user":"koakuma-chan","time":1770199420,"time_ago":"20 hours ago","type":"comment","content":"

I can only really use Canadian banks because that's what Interac, Canadian system for sending money by email works with. The bank does decide what I can pay for because it limits the amount of money I can spend via Apple Pay (like $500), and in general (like $1000). You need to bring your physical card and call them to temporarily increase the limit to buy anything expensive.","comments":[{"id":46884744,"user":"ludston","time":1770205936,"time_ago":"19 hours ago","type":"comment","content":"

Yeah all of that sounds way more convenient than your grandma irrecoverably losing her life savings because somebody kid fished her for her crypto authentication.","comments":[{"id":46887559,"user":"koakuma-chan","time":1770221320,"time_ago":"14 hours ago","type":"comment","content":"

People still lose all their life savings. Look up pig butchering.","comments":[],"comments_count":0,"level":6,"url":"item?id=46887559"}],"comments_count":1,"level":5,"url":"item?id=46884744"},{"id":46886437,"user":"cess11","time":1770216381,"time_ago":"16 hours ago","type":"comment","content":"

Web searching a bit seems to say that e.g. tourists can use their foreign issued cards and typically carry their issuers' limits with them, unless the merchant has their own limits for some reason.

Putting stricter limits on intermediate devices like pocket computers doesn't seem very tyrannical to me. Interac's web site says the typical default limit would be 2-3000 CAD, i.e. 12-1800 euros or so, unless you have a small business account, then it's more like 25000 CAD.

If you often find yourself spending thousands of CAD on a whim, perhaps it would be a good idea to open accounts with a bank that is tailored to people with a lot of money. I'm sure there are some available in Canada.","comments":[{"id":46887648,"user":"koakuma-chan","time":1770221667,"time_ago":"14 hours ago","type":"comment","content":"

I'm not spending thousands of dollars on a whim, but I don't want to wait on hold for 40 minutes to spend thousands of dollars when I need to.","comments":[],"comments_count":0,"level":6,"url":"item?id=46887648"}],"comments_count":1,"level":5,"url":"item?id=46886437"}],"comments_count":4,"level":4,"url":"item?id=46883847"}],"comments_count":5,"level":3,"url":"item?id=46883751"}],"comments_count":9,"level":2,"url":"item?id=46882404"}],"comments_count":10,"level":1,"url":"item?id=46882318"}],"comments_count":11,"level":0,"url":"item?id=46882167"}],"comments_count":12,"url":"item?id=46882148"}

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