Setting spend limits is one of the best things about Sibstar. It’s how we help you safely manage yours or your loved ones money.
To set spend limits:
- Go to ‘Limits’ in the Sibstar app. You’ll find this on the green bar at the bottom of your app
- To change the spending limits, select the pencil icon at the top right of your screen
- Type in the amount of money you want to set as a limit. '0' means no money can be spent - you will need to enter an amount here for the card to be used
- Click ‘Save limits’. Your new limits are now set!
These can be changed at any time and are effective immediately.
To set how the card can be used:
- Go to ‘Limits’ (green bar at the bottom of your app)
- Scroll down to ‘Card usage’
- You can toggle on/off where/how the card can be used
If the toggle is green, the card can be used. For example, if the toggle displays as green against 'Cashpoint withdrawal', the card can be used at a cashpoint. If the toggle is grey it cannot be used at a cashpoint. These can be changed instantly, at any time.
Hint: Limits do not roll over - if you set a £50 daily limit, this will start afresh every day.
Hint: If your limits display as '£0' this means that spending is set at zero, i.e. the card cannot be used to make any payments.
Note: When you set or change the monthly limits, they will take effect on the first day of the following month.