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What Are the Spending Limits on My Bano Card and Can I Adjust Them Manually?

What Are the Spending Limits on My Bano Card and Can I Adjust Them Manually?

When you first receive your Bano Card, the default spending limits are set as outlined below:

Spending Category
Default Limit (AUD)
Single Transaction
$10,000
Daily Spending
$10,000
Weekly Spending
$10,000
Monthly Spending
$40,000
Annual Spending
$480,000
ATM Withdrawal$1,500
ATM Daily Limit
$1,500

Steps to Adjust Spending Limits:

  1. Navigate to the Bano App Homepage.
  2. Tap on the 'Card' icon located at the bottom.
  3. Navigate to 'Settings - Limits.'
  4. Input your preferred spending limits and save your changes.

Limits for ApplyPay & GooglePay 

ApplePay: Spending limit will be the same as the limit set for your physical Bano Card. You can adjust it using the instructions above

GooglePay:
There is a separate payment limit capped at $500 AUD.

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