CVS is now limiting the purchase of prepaid products in-store to $2,000 or less per day, in a new memo sent by a corporate official at CVS.
Here’s the summary of what you need to know.
- The memo appears to be real – it’s issued by Cary Chaney, who was the same individual to send out the Vanilla Reloads memo back in April of this year.
- The limit on the purchase of prepaid card transactions begins Oct. 27. This includes gift cards, and purchases will be limited to $2,000 per day.
- Registers will be hard coded to not allow a purchase over $2000.
- An ID will be required for all purchases over $300.
So, if you purchase lots of gift cards or reload able debit products from CVS, keep these new limits in mind when they take affect October 27.
Jamie Larounis is an avid traveler, blogger and miles/points educator. Traveling well over 100,000 miles a year and staying in hotels for over 100 nights, he leverages miles, points and other deals to fly in first class cabins, and stay in 5-star hotels. The Forward Cabin shares his experiences, musings, reviews, tips, tricks, resources and industry news with you, the fellow traveler.
it doesnt really matter anymore, as if cvs didnt notice their sales dropped rock bottom after they killed VR, followed by WM blocked OV reload. cvs cashiers must have scratch their heads to what happen all those people buying gc lately.
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