The withdrawal limit for cash purchases (for example, ATM withdrawals and cash advances) is $500.00 per day. This limit also applies to cash-equivalent purchases, such as PayPal cash withdrawals and Venmo transactions. Cash-equivalent transactions generally apply to the use of the card to purchase items that can be used as or changed into cash. Other examples include cash advances, money orders and wire transfers, travelers checks, currency purchases, or gift and prepaid cards. They may also include payments made to service other financial obligations, such as taxes, loan fees or payments; transactions related to stocks or bonds; or, government-related transactions such as alimony or child support payments. This list is not exhaustive and is subject to change.
Cash and cash-equivalent transactions are also excluded from earning rewards.