Our card spending & ATM limits

There are two types of cards in wamo:

physical debit cards
virtual debit cards.

This article will outline the limits around spending and number of cards for each type of debit cards.

Physical Debit Cards

Card Spending Limits

The limits below apply to each card separately, not to your overall account. This means you can create multiple cards and benefit from high spend limits on each one.

The limits can vary based on the IBAN linked to your cards.

For the LU (Luxemburg) and DK (Danish) IBANS:

EURO (EUR)

24-hour ATM withdrawal limit: 2,000 EUR
24-hour retail transaction limit: 100,000 EUR
Monthly ATM withdrawal limit: 20,000 EUR
Monthly retail transaction limit: 300,000 EUR
Annual ATM withdrawal limit: 200,000 EUR
Annual retail transaction limit: 1,000,000 EUR
Single transaction limit: 50,000 EUR

British Pound (GBP)

24-hour ATM withdrawal limit: 2,000 GBP
24-hour retail transaction limit: 100,000 GBP
Monthly ATM withdrawal limit: 20,000 GBP
Monthly retail transaction limit: 300,000 GBP
Annual ATM withdrawal limit: 200,000 GBP
Annual retail transaction limit: 1,000,000 GBP
Single transaction limit: 50,000 GBP

Danish Krone (DKK)

24-hour ATM withdrawal limit: 15,000 DKK
24-hour retail transaction limit: 750,000 DKK
Monthly ATM withdrawal limit: 150,000 DKK
Monthly retail transaction limit: 2,250,000 DKK
Annual ATM withdrawal limit: 1,500,000 DKK
Annual retail transaction limit: 7,500,000 DKK
Single transaction limit: 350,000 DKK

Swedish Krona (SEK)

24-hour ATM withdrawal limit: 23,000 SEK
24-hour retail transaction limit: 1,150,000 SEK
Monthly ATM withdrawal limit: 230,000 SEK
Monthly retail transaction limit: 3,500,000 SEK
Annual ATM withdrawal limit: 2,300,000 SEK
Annual retail transaction limit: 11,500,000 SEK
Single transaction limit: 500,000 SEK

For the NL (Netherlands) and GB (United Kingdom) IBANS:

One-time card transaction limit: 50,000 EUR (for an individual payment)
Daily transaction limit: 50,000 EUR
Monthly card transaction limit: 100,000 EUR
Yearly card transaction limit: 500,000 EUR
Lifetime limit: 500,000 EUR
ATM daily number of transactions limit: 20
ATM one-time withdrawal limit: 500 EUR
ATM daily withdrawal limit: 500 EUR
ATM monthly withdrawal limit: 20,000 EUR
ATM yearly withdrawal limit: 100,000 EUR

The limits for contactless card payments are as per the EU and UK Card Schemes.

Number of Cards

Each wamo plan has a different limit on the number of physical debit cards a business can have.

For Start Plan:

Businesses can only create 1 physical debit card for £9.99.

For Grow Plan:

Businesses can create 5 physical debit card for free.

They can produce 5 more cards for £9.99 each. (Max 10 cards per grow account)

For Scale Plan:

Scale Plan users can create unlimited physical cards for free.

Virtual Debit Cards

Card Spending Limits

The limits below apply to each card separately, not to your overall account. This means you can create multiple cards and benefit from high spend limits on each one.