Halifax, Santander, NatWest, Barclays and HSBC issue contactless rules update after new £100 limit

Banks have updated their contactless card payment rules after the recent increase in the transaction limit.

Starting today, Friday, October 15th, the cap for contactless transaction has increased from £45 to £100 – which means more opportunities to use tap-and-go payments.

This makes the limit increase for the second time in less than two years.

Read more money news here.

When contactless payments were first introduced in 2007, the limit was £10. This was increased to £20 in 2012 and £30 in 2015. Then, at the height of the pandemic, it rose to £45.

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But banks all have their own rules that allow customers to set additional limits to secure their accounts.

This article examines what you can and cannot do at Barclays, Halifax, Santander, NatWest, HSBC, Lloyds Bank, Nationwide, TSB and RBS. Liverpool Echo.

barclays

Barclays doesn’t let you set your own limit, but you can disable contactless payments in the app, online or by phone.

Barclays said: “The £100 limit should be accepted.

“The new frontier will help you provide an enhanced and consistent consumer experience regardless of where they buy from.”

Halifax

Halifax allows you to set your own limit on debit cards.

Customers can set the limit in increments of £5 and set a spending cap between £35 and £95 for their contactless card.

HSBC

HSBC does not offer individual contactless limit setting.

But in the app, you can disable contactless payments online or by phone.

Lloyds Bank

Lloyds lets you set your own limit on debit cards.

Customers can set the limit in increments of £5 and set a spending cap between £35 and £95 for their contactless card.

countrywide

Nationwide does not allow you to set your own limit.

If you do not want the contactless feature on your card at all, you can order a contactless card.

NatWest

NatWest does not allow you to set your own limit.

However, you can disable contactless payments through the app.

RBS

RBS does not allow you to set your own limit.

You can remove contactless payments in the app.

Santander

Santander does not offer individual contactless limit setting.

You can turn off contactless payments on your debit or credit card at any time.

However, turning off contactless payments only applies to Mastercard customers.

TSB

TSB does not offer individual contactless limit setting.

However, customers can choose not to use contactless cards.

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