Do I have to maintain a minimum balance?


#1

If for say I have €100.00 on my card why cant I withdraw the €100.00??


#2

Yes. There is no minimum balance.


#3

I wonder why Im being declined for the full amount so ? Any suggestions?? Could it be to do with exchange rates perhaps ?? Its the first time and Im within withdrawl limits


#4

Check if you’ve declined DCC.


#5

Exchange rate? In what currency are you trying to withdraw it?


#6

So heres the thing . I am seemingly charged for a cash withdrawl . I wonder if this will be on every occasion or just on the 1st occasion ??


#7

Is it possible that you’ve exceeded monthly withdrawal limit?
Look into More> Profile> Plan-Standard> ATM withdrawals (or similar, because I had to translate it :wink:)


#8

Nope this was the first time I had tried to use the card. It was activated . I just thought if I had a balance of 40 I would be able withdraw the same. I hope Im not charged each time I use the card now


#9

I googled irish stamp duty and http://www.citizensinformation.ie/en/money_and_tax/tax/duties_and_vat/stamp_duty_on_financial_cards.html came up. Seems you get charged 0.12 state duty for each cash withdrawal?


#10

Thanks very much . This answers a lot of questions and doubts I have