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by margalabargala 2 hours ago
Multiple accounts (both debit and credit) are normal in the US as well, but I have never heard of a debit account here that has a daily spending limit.

Sounds like the US and Euro systems work fine within their own borders. Solutions designed for one make less sense in the context of the other.
2 comments
raron 1 hour ago
It gets interesting when the two system interacts. Friends visiting the US told me that at the POS terminal they had to choose credit card despite paying with a Visa/Mastercard debit card issued by an European bank.

By the way, here banks even have daily bank / wire transfer limit that can be changed only by a personal visit to a branch, so even if your online banking credentials are stolen, the attacker can not empty your account.

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JoeBOFH 2 hours ago
Wells Fargo for the longest time had a daily spending limit on its Check Cards and a daily withdrawal limit. If you had a Debit (not check card) your “spending limit” was your withdrawal limit.

If you tried to make a purchase above the spending limit it was a hassle. I am old tho.

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