You can easily change spending/withdrawal limits of your accounts online. Considering that such daily limits make it safer to use the account, you should set them. You can change the limits temporarily when you make bigger purchases, for example.
You can set two types of spending/withdrawal limits for your account:
- For the biggest possible one-time withdrawal
- For the total daily withdrawals, or the maximum amount of money you can withdraw within one day.
The spending/withdrawal limits relate to:
- cash withdrawals
- real-time credit transfers and
- card payments which are automatically checked against during payment whether the account has sufficient funds.
The spending/withdrawal limits do not affect the amounts submitted to the payment service payable on the due date.
Further confirmation required for change in spending/withdrawal limits
Further confirmation is required to change spending/withdrawal limits. We will send a text message to your mobile phone and you will check the information in the message before you accept the change. You should use the key code matching the serial number in the message to confirm the change. So keep the list of key codes close at hand when you change the spending/withdrawal limits. The change will take effect immediately after you have accepted further confirmation.
Also set spending/withdrawal limits for each card
It is advisable to set card-specific spending/withdrawal limits with which you specify daily limits for cash withdrawals, POS payments and online payments.
You can change the limits by logging into OP eServices, calling at 0100 0500 or visiting a Group member cooperative bank branch.
You can set the limits separately for your card's debit and credit sides.