I own a business and have 3 accounts with Flagstar Bank. I recently received a notice in the mail telling me that I cannot spend more than $5000.00 a day with my debit card.
Hold on now!!!! I own a business where I travel and need to buy all my merchandise on Monday so that I can have it for the next event. Now I can only buy $5000.00 worth of merchandise!! So they are limiting my business.
How are they allowed to tell me I cannot buy more that $5000.00 worth of merchandise in one day.
That would mean that I have to limit my sales. This is bull sh%$ They are doing this so they can gain more interest on MY MONEY!!!!