The following wallet size and transaction limits apply to your Multi-Currency e-wallet account and Card.
Limit | Multi-Currency e-wallet account | Card |
Maximum Card Account Balance | MYR 30,000.00 | – |
Maximum Daily Limit | MYR 30,000.00 | MYR 30,000.00 |
Maximum Monthly Limit | MYR 180,000.00 | MYR 180,000.00 |
Maximum Annual Limit | MYR 360,000.00 | MYR 360,000.00 |
Maximum Daily Auto Transfer Limit | MYR 30,000.00 | – |
Cumulative Contactless Transaction Limit | – | MYR 1,000.00 (Physical Card Only) |
Maximum Daily Number of Card Transactions | – | 20 transactions* |
Maximum Daily Number of Currency Conversion Transactions** | 20 transactions** | – |
Maximum Daily Number of Remittance Transactions** | 20 transactions** | – |
Your Physical Card and Digital Card share a combined maximum daily spending limit of MYR 30,000.00 or its equivalent in other currencies. Your Maximum Daily Auto Transfer Limit follows your configured Maximum Daily Account Limit, subject to the applicable maximum Multi-Currency e-wallet account limit.
Limits are calculated in MYR or the equivalent in other currencies. You may manage the limits through iFAST Pay via the mobile application, subject to the maximum limits set out above Monthly and annual limits are fixed.
Example: If your daily Multi-Currency e-wallet account limit is MYR 30,000 and you top up and spend MYR 10,000 you can top up another MYR 20,000 on the same day. Once you reach your daily limit, you will need to wait until the next day before making another top-up.
*The Physical Card and Digital Card share a combined maximum of 20 Card transactions per day. Once the limit is reached, additional Card transactions will be declined until the limit resets the following day.
**The Card Account allows up to 20 Currency Conversion transactions and 20 Remittance transactions per day, respectively. Any transactions exceeding the respective daily limits will only be permitted on the following day.