Contactless limit to rise to £100

MarkM88
MarkM88 Online Community Member Posts: 3,119 Connected
in Coffee lounge
What do you think? 

Comments

  • rubin16
    rubin16 Online Community Member, Scope Member Posts: 955 Championing
    I think its a bad thing raising the contactless limit to £100, if your card gets stolen it means the criminals can spend more before you realise.

    I prefer a lower contactless and then to use my pin if i've spend more than £45.
  • rubin16
    rubin16 Online Community Member, Scope Member Posts: 955 Championing
    Just to add but I think banks should just give you the option nowadays to set your own limit upto £100. Instead of making the decision themselves we should be given our own choices.
  • janer1967
    janer1967 Online Community Member Posts: 21,922 Championing
    I prefer to pay contactless so from that point it's good 

    But as above I agree the higher limit is very open to misuse and playing into the hands of the less scrupulous of people out there 
  • poppy123456
    poppy123456 Online Community Member Posts: 64,463 Championing
    It makes no difference to me because i always use apply pay and there's mostly no limit to that anyway.
  • 66Mustang
    66Mustang Online Community Member Posts: 15,160 Championing
    Will it work at the “pay at pump” at the petrol station? I don’t see any reason why not as it has to authorise £100 which is the limit. I guess the question is whether the pumps have a facility to accept contactless payments?
  • Lisatho11987777
    Lisatho11987777 Scope Member Posts: 5,874 Championing
    Not often theft with contact less as they are on camera most of bank theft is online and using machines to pick up your details whilst your typing your pin in hacking into banks 

    Using your phone as contactkess is worse you can use it for large amounts  on some phones the limit is over two thousand but there are pin numbers and security 
  • Cress
    Cress Online Community Member Posts: 1,005 Trailblazing
    I think the amount should be the same as your daily withdrawal limit via ATM....
  • Lisatho11987777
    Lisatho11987777 Scope Member Posts: 5,874 Championing
    My daily withdrawal is 500.00 on my card lol 

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