Quote:
Originally Posted by you&me
Isn't the limit determined by the card (issuer)?
For instance, I have a UK CC for business that I occasionally use in Canada and I've found that I can tap >$400 with it here... Haven't looked into the reason why, but assumed it perhaps had something to do with a combination of the unknown-to-me higher tap limit and £/CA$ forex (i.e £250 = ~$460CA).
|
The limit was lower initially and increased during the pandemic if I recall. You can also have the limit increased on request depending on the institution, but by default, it's $250.
For your British CC, it might be down the exchange rate. You can only tap to about $179 in the US if your limit is the default $250 CAD for the same reason.