Will your bank let you set your own contactless card spending limit?

The contactless card transaction limit has been increased to £100 – although some people will be able to set their own limits.

However, this will depend on who they are banking with as the options available vary.

Let’s take a look at what the banks had to say:

– Lloyds Banking Group

Lloyds, Halifax and Bank of Scotland customers will be able to set their own contactless limits between £30 and £95 in increments of £5.

They can also toggle contactless functionality on and off. If people turn off contactless, they must enter their Pin when paying with the card.

– NatWest

Customers can choose to turn off the contactless functionality of their cards using NatWest’s mobile app, but cannot set their own limits at this time.

– HSBC UK

The bank does not currently offer individual contactless limits, but said customers can request a contactless card if they choose.

– Barclays

While customers do not currently have the option to set their own contactless limits, they can set spending limits on all their transactions, including contactless transactions.

These controls can be updated in real time in their app.

– Santander

The bank is working on an option for customers to request a lower contactless limit, but that won’t be available right away.

Santander said it is working on the option to change customers' spending limits
Santander said it is working on the option to change customers’ spending limits

– National Building Society

Nationwide members will be able to turn off the contactless feature and request a contactless card if they wish.

The build community also plans to launch the ability for members to set a contactless limit of less than £100 in the future.

– Virgin Money

Customers cannot set their own limits or turn contactless access on or off.

– Metro Bank

Metro Bank currently has no plans to allow customers to set individual limits on their contactless cards. He added that it has taken a number of measures on its channels to protect customers against fraud.

– Starling Bank

Using the app, customers will be able to choose a limit of their choice from £0 to £100 in increments of £10. They can turn off the contactless completely if they want.

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