St.George Bank ATM Withdrawal limit now = $1000

Discussion in 'Markets & Economies' started by Ilikemetals, Jul 31, 2012.

  1. jparrie

    jparrie Member

    Joined:
    Apr 12, 2011
    Messages:
    757
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    ANZ ATM withdrawal limit has been $1k for ions.
     
  2. spdz

    spdz New Member

    Joined:
    Jul 21, 2012
    Messages:
    45
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne, Aus
    Can you withdraw >$1000 from over-the-counter?

    IMHO one shouldn't have more than a couple hundred dollars in the bank anyway :cool:
     
  3. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    Change banks.

    No really, change banks.

    There is a new 3 step process that was introduced on July 1 to make figuring out all the direct debit and payroll stuff much easier:
    https://www.moneysmart.gov.au/managing-my-money/banking/switching-bank-accounts
     
  4. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    you know the funny thing we cant transfer more than $20k a day with our bank....unless its to the ATO :rolleyes:
     
  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,606
    Likes Received:
    4,392
    Trophy Points:
    113
    Please don't post any links from (a) the Nice Government Men and (b) anything from the NGM featuring Paul Clitheroe. :)

    Everyone should have a mattress bank.
     
  6. Syd888

    Syd888 New Member

    Joined:
    Jan 8, 2012
    Messages:
    112
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    I think it flows more like this:

    Code:
    Derivatives \                                 / Food
    Equities     }---> Cash -> Gold -> Silver -> {  Booze
    Gov Bonds   /                                 \ Hookers
    
    :D
     
  7. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

    Joined:
    Apr 3, 2010
    Messages:
    529
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    NZ
    Of course it should. Whose dumb idea was it to make the $2 coin smaller than the $1? Those massive 50 cent pieces are a nuisance as well.
     
  8. Dogmatix

    Dogmatix Active Member

    Joined:
    Jun 22, 2011
    Messages:
    1,730
    Likes Received:
    14
    Trophy Points:
    38
    Location:
    Gaul (Australia)
    For what it's worth, both of my local StG ATMs are 'out of order' today.

    So I went to Westpac, who had only one ATM available, and apparently have a bank holiday on Aug 6th. Is that a normal bank holiday?
     
  9. Dogmatix

    Dogmatix Active Member

    Joined:
    Jun 22, 2011
    Messages:
    1,730
    Likes Received:
    14
    Trophy Points:
    38
    Location:
    Gaul (Australia)
    If you go to NZ, most coins are similar to Australian ones, but they have a larger $2 coin. It takes a bit if getting used to.

    Edit: haha, I just realised the irony of who I replied to.
     
  10. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    Could be like this:
    Code:
    {digital}        {paper}        {physical}         {vaporized}
    Derivatives \                    
    Equities     }---> Cash -> Gold -> Silver -> Boat -> Accident
    Gov Bonds   /                
    
     
  11. GoldenEgg

    GoldenEgg Member

    Joined:
    Mar 10, 2012
    Messages:
    230
    Likes Received:
    22
    Trophy Points:
    18
    Interesting.Actually i was reading in the paper today about one of those mastercard paypass cards that was stolen from someones car.These are the ones that don't need PIN or signature for purchases under $100.The card was then used to buy cigarettes at numerous location in multiple transactions.Seems the new paypass/paywave cards are far more liable to be used in scamming than regular ATM cards so where is the outrage?
     
  12. Macros_The_Black

    Macros_The_Black Member Silver Stacker

    Joined:
    Nov 15, 2011
    Messages:
    601
    Likes Received:
    12
    Trophy Points:
    18
    Location:
    The Interwebz
    Just received mine yesterday - I was curious and presumed it would still require a PIN ... then read the rest of the garbage accompanying it. Up to $100, no proof of anything required whatsoever ... amazing.

    Makes you wonder exactly what covert deals go on between MasterCard, Visa and the banks. Why do I even NEED a debit card that has a credit-facility provided by MasterCard ...

    Love to know if anyone knows more ;)
     
  13. Dogmatix

    Dogmatix Active Member

    Joined:
    Jun 22, 2011
    Messages:
    1,730
    Likes Received:
    14
    Trophy Points:
    38
    Location:
    Gaul (Australia)
    Both StG and Westpac ATMs are closed at my local branches now...
     
  14. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,801
    Likes Received:
    2,587
    Trophy Points:
    113
    Location:
    here there everywhere
    What do you need cash for ? :p
    Just go inside & get another loan :lol:
     
  15. Guest

    Guest Guest

    They probably put a limit on it because they've lent all their money out and most of their money is in digital 1's and 0's.
     
  16. Guest

    Guest Guest

    Good question, it seems if we join a bank we also join visa or mastercard automatically without choice. "Competition is a sin." - John D. Rockefeller
     
  17. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    It gets better than that. Because they use near-field passive RFID a thief can scan the card while it's in your wallet. They can then copy that to another card / phone and start skimming your account for smallish amounts.

    All they need to do is get close enough to your wallet (within 8 inches or so) to scan your card's details.
     
  18. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113

    MasterCard - because they want you to know who's your MASTER. You have a card from your MASTER. The MASTER can also take it away if you're a bad slave.
     
  19. fishball

    fishball New Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    6,509
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Shin Sekai Yori
    I heard putting a paypass/paywave card into the microwave fries the chip? True or false? :p
     
  20. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    True, but it also fries the magnetic strip.

    The best advice is to find where the chip is, get a screwdriver, put the pointy bit on the chip and hammer it. There's a few YouTube videos about this.
     

Share This Page