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New Maximum Daily Limit for Credit Cards



Effective June 30, 2012, the maximum daily limit per credit card or debit card account has been reduced from $99,999.99, to $49,999.99, and the daily limit for debit cards will be eliminated. If cardholders exceed the daily limit, a message will indicate that the maximum daily limit has been reached and the payment will be rejected. Existing alternatives for submitting large dollar payments are deposit account, electronic funds transfer (EFT) over the USPTO Web site, and wire transfer through the Federal Reserve Fedwire System.

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