Originally Posted by
MaxVO
I believe that cancelling a VAN will not stop a charge from going through, once the first charge is authorized. The idea of reducing the daily limit after the first purchase is worthwhile, but needs to be tested. No blind assumptions should be made on how a Citi product will ultimately work.
Back when VAN still ran on Adobe Air, I had multiple experiences on merchant making a single charge exceeding the $ limit. Also the fraud department was able to close a VAN without issuing me a new card.