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Our card spending & ATM limits
Our card spending & ATM limits

Overall limits on cards that cannot be exceeded

Kate avatar
Written by Kate
Updated over a week ago

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 car.

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.

  • 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.

ATM Limits

  • Daily limit for ATM: 500 EUR

  • Yearly limit for ATM: 100,000 EUR

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.

  • 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: 250,000 EUR

  • Lifetime limit: 250,000 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 create 1 virtual debit card for free. The limit per start account is 1 virtual card.

For Grow Plan:

Businesses can create 10 virtual debit card for free.

They can produce more cards for £0.99 each, without a maximum limit.

For Scale Plan:

Scale Plan users can create unlimited physical cards for free.

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