FYI $1850 at one time with a Target Red Debit card. We have to get another $1000. They said that as long as the $$$ is in the bank acct, there is no limit on debit card purchases.
Not sure if we understand your post correctly.
However, we can tell you that Target red card debit card places a daily limit on your account. Not what what your bank account balance is.
As target does not have access to see how much money is in your account. In fact, when you pay with debit red card it takes a couple if days for them. To even process your transaction with your bank. When you swipe that red card they have no clue if you have the funds or not.
We attempted to buy over $1,000 with our target red debit card and the transaction was declined. We called red card number from guest services and they explained all the above. You build a transaction history based on all your past purchases...this is how they determine what your daily limit is. The more you use the card the higher daily limit red card will give. However, if you not making frequent purchases with red card that daily limit will be reset.
We spoke to a number of red card team members and mangers and there is no way to increase your daily limit on the card.
This as explained to us has been put into effect due to the data breach. Red card won't approve any large transactions. Just in case that your account was hacked
However red card phone rep was able to give the store an override code to allow us to use another form of payment ( normal bank debit card) to pay and the store manually gives you the red card discount
When we went back to the store to make a much larger purchase (using a pharmacy rewards coupon) we went direct to guest services and explained the deal
As we were buying over $20,000 in gift cards. We knew the red card transaction would be declined
Team members were fantastic and they understood as we called red card and explained what we were doing. They talked with store manger and said that the red card computer system would not approve such a large transaction. So red card authorized the store manager to manually give us the red card 5% discount and use another form of payment.
In our case we just paid with cash...as most normal bank debit cards have daily limits and did not want another issue.
Store had to break up the transactions into $5,000 lots. As the register Locked up once we reached this amount. Due to the amount of barcodes scanned at one time was reached.
Was no issue at all. They just applied the red card discount to each transaction; the pharmacy coupon was scanned and took the amount off as well. Since that coupon is good for one full day. Not one transaction
Could have not been smoother or easier to do the above.
Should not this was back when you could stack the pharmacy rewards coupon and employee discounts. This is no longer true.
This is why we bought the cards in one large lot...so we can get the larger discount amount on all cards. Instead of having to buy a few cards here and there over the course of time.
Now that you can't stack the discounts...we have no reason to shop at target for anything.
We are still really disturbed that no matter what our bank balance is...we can't make large transaction purchase without jumping thur hoops
Essentially our bank account is held hostage by red card..as they get to determine what we can and can't afford. No thanks
Trying to figure out if it is worth it or not. We are close to the 120 day pay off for our trip. Thanks.
