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Monavate Consumer Prepaid Card Terms with virtual IBAN  

Introduction 

This Agreement contains the terms on which we provide the Services to you.  

Please read this Agreement in full before you start using the Services; it contains important  information about us, the Services we will provide to you, the circumstances under which this  Agreement may be changed or ended, what to do and how to access help from us in the event  there is a problem as well as other relevant information. 

Please contact us at [email protected] if you wish to discuss. 

This Agreement refers to other documents that apply to the use of the Services as follows: Purse Money Terms and Conditions 

Purse Money Privacy Policy 

Purse Money Acceptable Use Policy 

These additional documents are not part of the Framework Contract. 

By starting to use the Services (including, for example, downloading the app, logging into your  Card Account, loading your Card Account or using the Card to transact) you confirm that you  accept and agree to this Agreement (including any updates to this Agreement and the other  documents referred to above). 

Who we are and how to contact us 

Our company information: Monavate Limited is a company incorporated under the laws of  England and Wales with registered company number 12472532. Our registered address is The  Officers Mess Business Centre Royston Rocomplaad Duxford, Cambridge, CB22 4QH  ("Monavate", “us”, “we”, “our”, as applicable in the context). 

We are authorised by the FCA: Monavate Limited is authorised by the Financial Conduct  Authority (“FCA”) (registration number 901097) to issue electronic money and provide payment  services. 

How to contact us: You can contact us: 

By phone: 01223 626 580 

By email: [email protected] 

By writing to: 

Monavate Cambridge 

The Officers' Mess

Royston Road 

Duxford 

Cambridge 

CB22 4QH 

By instant messaging / chat: When logged into your Card Account. 

Glossary 

Card means the payment card issued by us to you that is connected to your Card Account.  

Card Account means an e-money account issued to you by us that you may load with funds and  use to transact that is connected to a virtual IBAN.  

Framework Contract means a contract for payment services which governs the future execution  of individual and successive payment transactions and which may contain the obligation and  conditions for setting up a payment account as defined in the UK Payment Services Regulations  2017. 

Funding Source means a payment instrument (such as a credit card, debit card or bank account)  that you can link to your Card Account by entering its credentials and subsequently use for Top Ups from time to time. 

Services means the Card, Card Account and other services provided by us to you in connection  with the Card. 

Supported Currencies means those foreign currencies that we support and can be loaded onto  a Card Account for spending. 

Top-Up means loading “topping up” your Card Account with funds. 

Getting started 

4.1. Eligibility: In order to be eligible to use our Services, you must be at least 18 years old.  In order to start using our Services, you must apply for the Services and provide the  relevant details about yourself when prompted. 

4.2. Verification: We are required by law to verify certain details about you. We will not issue  the Card or open a Card Account until we have verified your identity and performed such  other checks as we may in our discretion deem appropriate. 

4.3. The information you provide must be accurate: The information you provide to us must  be accurate, complete and truthful at all times. If your personal information changes, then  you must update the information we hold about you. We may require additional information  from you from time to time and you must cooperate by providing such information upon  request. 

4.4. Electronic checks with third parties: We may share information which we receive from  you with other associated organisations or carry out checks on you electronically as is 

necessary for the purposes of providing the Services. When we perform electronic checks,  we may disclose personal data about you to fraud prevention and credit reference  agencies who may keep a record of that information. By applying for our Services, you  agree to certain personal data about you being passed to such agencies for this purpose.  You have the right of access to the personal records held by such fraud prevention  agencies. We will supply the names and addresses of the agencies we use upon written 

request. 

4.5. You must comply with laws applicable to you at all times. You must comply with laws  applicable to you at all times. This means when you must comply with all laws applicable  to you during time in which you are applying with us for Services, throughout the term of  this Agreement and for as long as we hold a balance of funds for you after this Agreement  ends.

About the Card and Card Account 

5.1. Description 

The Card and the Card Account are issued by us – Movavate Limited. Please see our  company’s details in Section 2 (Who we are and how to contact us). 

Card 

The Card is a payment card that can be used for online and in-store purchases worldwide at  merchants who accept Mastercard/Visa payment cards as a form of payment for goods and  services. The Card is not a credit card or a charge card, nor is it a debit card linked to a current  account. 

Card Account 

The Card Account is an e-money account linked to a virtual IBAN. You may load the Card  Account with e-money using different payment methods (see Section 5.3).  

No interest is payable to you on the balance of funds held in the Card Account; nor does the  balance of funds held in the Card Account constitute a deposit. 

The Card Account may be used to transact. In order to use the Card Account to transact, you  must first load funds onto the Card Account (please see Section 5.3). 

Once loaded with funds, you may send funds from the Card Account to another payment  account. 

Each time you transact using the Card Account or the Card, the balance of funds held in the  Card Account will be reduced by the amount of the transaction plus any applicable fees. 

In addition to GBP, you may load your Card Account with funds in different Supported  Currencies. We do not support all foreign currencies. Please see the list of on website  https://purse.money/global for those currencies that we do support.

Please note that the funds held in your Card Account are NOT protected by the Financial  Services Compensation Scheme; however, we follow the requirements of the Electronic  Money Regulations 2011 which are designed to ensure the safety of funds held on accounts  such as this. 

5.2. What happens in cases where there are insufficient funds in my Card Account? 

If you attempt to send money from the Card Account or pay for a purchase using the Card  and you have an insufficient balance of funds held in your Card Account to make that payment,  the payment will be declined. 

You must have a sufficient balance of funds held in your Card Account to make a payment.  The balance of funds held in your Card Account must not be negative. 

If you attempt to make a payment using the Card Account or Card in a particular currency and  you do not hold a sufficient balance of that currency in the Card Account or the payment  otherwise anticipates a currency that we do not support, the payment will be automatically  processed using a balance of another currency that you do hold in your Card Account and a  currency conversion rate will be applied (please see section 9.3 for currency conversion rates). 

If you do not hold a balance in another currency upon which to draw funds to cover a  payment, your payment will be declined. 

5.3. Loading funds into your Card Account with Top-Up 

5.3.1. Top-Up: You can load funds into your Card Account by linking a Funding Source  to your Card Account. You can link a Funding Source to your Card Account by  entering the Funding Source’s credentials in the secure personal of in area of our  website.  

5.3.2. You may link up to two (2) debit or credit cards or one (1) bank account to your  Card Account as a Funding Source. You must have no less than one (1) valid Funding  Source linked to your Card Account at all times; payments made from the Card  Account may be declined if you do not have a valid Funding Source linked to the Card  Account. In order to Top-Up your Card Account using your Funding Source, you must  follow the applicable steps in the secure personal of in area of our website.  

5.3.3. When we receive a payment from your Funding Source, we may hold the funds for  so long as we determine that there is no risk that the issuer of the Funding Source  (i.e. your card-issuing or account-issuing bank) may reverse the transfer due to there  being insufficient funds in your bank account. 

5.3.4. In order to ensure you receive good outcomes from your use of our Services, we  may limit the Funding Sources available for a transaction. If we limit a Funding  Source, we will alert you that there is a higher-than-normal level of risk associated  with the payment (for example, a risk that the payment may be challenged for some  reason). If we contact you for this reason, we are not asserting that you or the  merchant who you seek to pay is acting in a dishonest or fraudulent manner. It means 

that we consider there may be a higher-than-normal risk associated with the payment  and we are investigating to ensure you receive a good outcome, in as far as possible.  

Use of the Card Account and the Card 

6.1. How to authorise a payment 

You will need to authorise a transaction before we can charge it to your Card Account.  

6.1.1. Authorising payments made using your Card Account: To authorise a payment  to another payment account from your Card Account, you will need to enter the IBAN  or account number and sort code of the person you wish to pay (the payee). You  must then follow the relevant steps displayed on the screen in the secure personal  log in area of our website at the time of transacting in order to authorise the payment. 

6.1.2. Authorising payments made using your Card: To authorise a payment made  using the Card, you will need to use the Card or the Card number. You may need to  take additional steps to authorise a transaction at the time you are paying, for  example, you may need to enter details on a merchant’s online payment page, tap  your Card at the point of sale in-store or enter your PIN on the key pad. Depending  on the circumstances, you may be required to undergo some further security checks  at the time such as providing biometric data (e.g. a fingerprint). 

If the Card, card number and PIN, biometric data or other security details have been  used, we will assume you have authorised the transaction. You must therefore tell  us immediately if you do not recognise a transaction that has been charged to your  Card and is listed as a transaction in your secure personal log in area of our website. 

6.1.3. You cannot cancel a transaction after it has been authorised. You can,  however, cancel payments that you have authorised to be made on a future date, for  example, if you have set up a recurring payment. You can cancel the payment  permitting you contact at [email protected] by the end of the business day  before the day the payment is due to be made. 

6.2. Situations where we may refuse to authorise a transaction 

There are certain situations in which we may refuse to authorise a transaction and/or where we  may suspend your use of your Card and/or the Card Account. These situations are: 

● if legal or regulatory requirements prevent us from making the payment or mean that we  need to carry out further checks; 

● if you have infringed this Agreement in a way that we reasonably believe justifies our  refusing or delaying your payment; 

● if we believe that processing your transaction would break this Agreement or that you have  not provided all the information we need to make the payment properly; 

● if the amount is over, or would take you over, any limit that applies to your Card Account  and/or Card. See limits here https://medium.com/@pursemoney

● if there are not enough funds loaded into your Card Account to make the payment and  cover any fees; 

● if a bankruptcy order is made against you or you have entered into an individual voluntary  arrangement with your creditors; 

● if, even after doing everything reasonably possible, we will not be able to make the payment  on time; 

● if a third party prevents us from making the payment (for example, a card scheme); ● if you owe us money; 

● if we have asked you for important information we reasonably need and you have not given  us that information; or 

● if we have suspended your account. 

6.3. Time we will receive the payment order 

If your payment order is received by us after 4pm on a business day or not on a business day,  your payment order will be deemed received on the following business day. 

6.4. Execution times 

6.4.1. Within the EEA and UK, we will execute any transaction: 

a. in euro; 

b. executed wholly in the UK in sterling; or 

c. involving only one currency conversion between the euro and sterling, provided that: i. the required currency conversion is carried out in the UK; and 

ii. in the case of cross-border transactions, the cross-border transfer takes place in euro, 

by transferring the amount of the transaction to the payment service provider of the payee  by the end of the next business day following the receipt of the payment order. 

6.4.2. Any other transactions within the UK will be executed no later than four business  days following the receipt of the payment order. 

6.4.3. If the payment service provider of the merchant is located outside the EEA, we will  execute the transaction as soon as possible. 

6.5. Limits placed on the Card Account 

There may be limits on the amount of funds you can load into the Card Account. We may also  place limits on using the Card Account and/or the Card for payments above a certain amount, from  time to time. For further information relating to the limits placed on the Card Account and/or the  Card, please visit https://medium.com/@pursemoney. 

6.6. Accounting for service charges or tips when using the Card

When using your Card at certain merchants (such as, for example, hotels or car rentals), an  additional amount (typically 10%-20%) may be added to anticipated service charges or tips,  temporarily reducing the balance of funds held on the Card Account. This is to ensure there are  sufficient funds available to cover the final cost of the transaction and to reduce the risk of a  negative balance arising on the Card Account. If your actual service charge or tip is less than the  additional amount added, it may take up to seven (7) days from the date of the transaction before  the difference is available to spend. Only the actual amount of the final bill agreed between you  and the merchant will be deducted from the funds held on the Card Account. 

6.7. Shortfall 

In the unlikely event, a transaction is completed when there are insufficient funds in the Card  Account for that transaction (a "Shortfall"), the Shortfall shall be reimbursed by you unless it is  due to an error on the part of the Merchant where the Card was presented, in this circumstance  we may seek the Shortfall from the Merchant. 

You agree that once we make this Shortfall known to you, we may charge you for the Shortfall  amount and deduct the amount from the balance of funds loaded into the Card Account or from  your linked Funding Source. We may also charge the amount of the Shortfall from any other Cards  that you hold with us, or any other payment method which you may designate at that time, or  against any funds which you may subsequently load into the Card Account. Until we are  reimbursed the Shortfall amount, we may suspend the Card Account and the Card. In addition, we  reserve the right to charge you an administration fee for each transaction that you make using the  Card Account and/or Card that results in a Shortfall or increases the Shortfall amount on the Card  Account. 

The Card will expire 

You may only use your Card up until the expiry date which is printed on the front of the physical  Card. We will aim to send you a new Card prior to your Card expiring; we may ask you to confirm  some details prior to our sending you a new Card. 

Fees may apply in certain cases where we send you a new Card. Please see the fees set out on  our website https://medium.com/@pursemoney. 

8. Withdrawing funds held in your Card Account 

8.1. How to withdraw the funds held in your Card Account 

You may withdraw funds held in your Card Account by first logging into the secure personal log in  area of our website and following the relevant prompts on the screen at the time of transacting.  You may only withdraw the balance of the funds held in the Card Account at any point in time  minus the amount of any pending transactions. 

8.2. Fees will apply to withdrawing funds 

You may be charged a fee for withdrawing funds. Please see the fees page on our website  https://medium.com/@pursemoney.

8.3. Withdrawing all funds will not mean that your Card Account is closed 

Withdrawing all of your funds from your Card Account does not automatically close the Card  Account, the Card or otherwise end this Agreement. If you would like to end this Agreement, you  must follow the steps in section 13 (closing your Card Account and ending this Agreement). 

How much will you pay 

9.1. Card and Account Fees: We do not charge any fees for use of your card. However, third  party operators, such as ATM operators, may charge their own fees in connection with  your use of our services.For example, the operator of an ATM may charge their own fee  for use of their ATM to withdraw cash, even if you do not complete a transaction. Any fees  charged by a third party operator will be disclosed at the time of your transaction. It is your  responsibility to determine any third party fees that may be charged to you and decide  whether to proceed with the transaction. We will not process any transaction until  applicable third party fees have been assessed. We have no control over third party fees  and it is your responsibility to pay any fees charged by third party operators in connection  with your use of our services. You can see any fees charged by us for our services on our  website. 

9.2. Interest: The funds loaded on to your Card will not earn any interest. 

9.3. Exchange rates: You may hold balances of funds in different currencies in your Card  Account. If you are making a payment or withdrawing funds in a currency you hold in the  Card Account, the payment will be made from that balance. If you make a payment or  withdraw funds in a currency you do not hold in your Card Account, we will convert the  amount applying the relevant rate and a fee to the balance or currency that you do hold. 

For transactions made using the Card, we will use the relevant exchange rate published  by Mastercard or Visa (available here https://purse.money/global) For making payments  from the Card Account, we will use the relevant exchange rate provided by our third-party  provider. 

We will also apply our margin which is available on the fees pages of our website  https://medium.com/@pursemoney. Any change in the relevant exchange rate will be  applied immediately and without notice to you. We may also change our exchange rate  provider at our discretion, without notice to you. 

We do not charge a fee for using your card at an ATM to withdraw cash. However, the  operator of the ATM may charge their own fee for use of their ATM. You may be charged a fee by  the ATM operator even if you do not complete a transaction. Any fees charged by an ATM operator  will be disclosed at the time of your transaction. It is your responsibility to determine any ATM fees  that may be charged to you by the ATM operator and decide whether to proceed with the  transaction. 

Communicating with you

10.1. How we will contact you: We may contact you by telephone, letter, SMS or  email using the details that you have provided to us in your secure personal log in area  of our website. You must keep your contact details in the secure personal log in area up to-date at all times. 

10.2. Information: Where we are required to provide information to you on a durable  medium, we will either send you a notification in your secure personal log in area of our  website pointing you to information in the personal log in area in a way that enables you  to keep that information, unchanged, and refer to it in the future, such as pdf. Please keep  copies of information provided by us to you. If you would like us to provide information in  a different manner than agreed, then we may charge you a reasonable administration fee  to cover our costs. 

10.3. Language: We will communicate with you in English. 

10.4. Your right to receive a copy of this Agreement: A copy of this Agreement is  always available in a form to download on our website. Please visit  https://purse.money/legal Alternatively, please contact us at [email protected] if you  need assistance in obtaining a copy. 

Keeping your card safe 

11.1. Steps you must take to keep your Card Account and Card safe 

You must take adequate measures and use best efforts to prevent unauthorized  access/use of the Services: To help you keep your Card Account and Card secure, you are  required to: 

− keep your Card, Card number, CCV, login codes and other security features used to  access the Card Account strictly to yourself; do not share your security credentials to  access the Card Account with any other person or otherwise allow another person to use the Services; 

− not permit any other person to use your Card Account and/or Card; 

− make sure all your devices are properly protected (set at least one form of access  protection, for example a login code); 

− keep the operating systems of your devices clean (no illegal software) and up-to-date; − frequently review the list of transactions in your Card Account to confirm they are as  expected as per your spending; 

− inform yourself about common scams, such as phishing; 

− always immediately report irregularities by contacting us at [email protected] and  follow our instructions. 

11.2. How to notify us if there is a problem 

If you lose the security credentials used to access your Card Account or your Card details or if they  are stolen, or you suspect that the Card Account and/or Card has been used by someone other  than you, you must tell us immediately by contacting us at [email protected] , so we can  block your Card and/ or access to your Card Account. If possible, you must also log into your  secure personal log in area of our website and suspend use of your Card.

Please note that we may require you to provide some information in relation to your security  credentials and/ or Card being lost, theft or misuse in writing. You must assist us with any related  enquiries. 

11.3. How we will contact you if there is a problem 

In the event we suspect there is an issue with the Card Account and/or Card (for example, such  as fraud or security threats) we will contact you, in the first instance, by phone. If we cannot get  through to you by phone, we will send you an email. 

For this reason, you must maintain a current phone number and email address in your secure  personal log in area of our website.  

Unauthorised or incorrectly executed transactions 

In case of an unauthorised payment or where we have incorrectly executed a transaction, upon  your request, we will, without delay, refund to you the amount of the transaction including all fees  that we have charged for that particular transaction. You will not be entitled to a refund under this  section: 

(a) where your Card, or the personalised security features used to access your Card Account,  are lost, stolen or misappropriated. You will be liable for the first GBP 35 of any unauthorised  payments if we believe you should have been aware of the loss, theft or unauthorised use. We  will not hold you liable for the first GBP 35 if the unauthorised payment was caused either by  our acts or omissions, or those of a third party expressly carrying out activities on our behalf. 

Your liability for the first GBP 35 also does not apply to any unauthorised transactions made  after you have notified us that the security of your Card or Card Account has been compromised. 

(b) if you have acted fraudulently, in which case we will not refund you in any circumstances; 

(c) if the payment transaction was unauthorised but you have with intent or gross negligence  compromised the security of your Card or Card Account or otherwise failed to comply with your  obligations to use your Card or Card Account on the terms of this Agreement. In such a case  you shall be solely liable for all losses; or 

(d) if you do not let us know about the unauthorised or incorrectly completed transaction without  undue delay, and in any event, no later than 13 months from the date of the payment transaction. 

Refunds 

13.1. You may claim a refund for a transaction that you authorised provided that: a. your authorisation did not specify the exact amount when you consented to the transaction;

b. the amount of the transaction exceeded the amount that you could reasonably have  expected it to be (taking into account your previous spending pattern using the Services,  this Agreement and the circumstances of this case); 

c. you requested a refund from us by contacting us at [email protected] within 8 weeks  of the date the transaction took place. 

13.2. When you request a refund under this section, we may require you to provide us  with evidence to substantiate your claim. We will refund you within 10 business days of  receiving your claim for a refund or, where applicable, within 10 business days of receiving  any further information we requested - or we will provide you with reasons for refusing the  refund. The refund shall be equal to the amount of the relevant transaction. 

Our right to make changes to the Agreement 

We may, at our discretion, amend the Agreement at any time (including amendments and  additions to our fees). 

14.1. Changes that we may make immediately: In certain exceptional circumstances  such as where: 

a. we have a reasonable belief that fraud is likely to or has occurred; or 

b. the amendments are made in order to comply with any regulation, 

we may make such amendments immediately and notify you following such amendments.  

14.2. Changes we may make upon notice to you: Other than for immediate changes  as set out above, if we wish to make a change to this Agreement, we will provide you  with at least two (2) months’ notice in writing, via email. 

If you do not agree to our proposed changes, you have a right to end the Agreement immediately  free of charge. If you do not notify us of any disagreement with the proposed changes, we may  assume you accept the changes to the Agreement on the date the change comes into force. 

Our right to suspend access to the Services and/or close the Card and Card Account 

We may close your Card and Card Account or otherwise suspend access to the Services  immediately in the following circumstances: 

● if we consider, acting reasonably, that you are behaving fraudulently or otherwise  criminally; 

● if you have not given us any information we have requested from you, or we have good  reason to believe that information you have provided is incorrect or not true; ● if you have broken this Agreement in a serious or persistent way and you have refrained  from putting the matter right within a reasonable time of us asking you to do so; ● if we have good reason to believe that you continuing to use your Card and/or Card  Account could damage our reputation or goodwill;

● if we have asked you to repay money you owe us and you have not done so within a  reasonable period of time; 

● if you have been declared bankrupt; or 

● if we have to do so under any law, regulation, court order or the FCA or FOS’s  instructions. 

Closing your Card and ending this Agreement 

16.1. You may close your Card Account and end this Agreement at any time. You  may close your Card Account and end this Agreement at any time. You may do this my  contacting us at [email protected]. You only need to inform us at the time; you do  not need to give us any prior notice. 

16.2. You must withdraw your funds from your Card Account within a reasonable  timeframe following notifying us of your intention to close your Card Account by following  the steps as to how to withdraw the funds held in your Card Account as set out in section  8. After a certain period of time, you may no longer have access to your secure personal  log in area of our website in order to follow the steps to withdraw the funds remaining in  your Card Account after closure. You may still, however, withdraw this money for up to six  (6) years following the date this Agreement ends (see Section 17 on how to redeem your  funds).  

16.3. We may charge a fee if you end this Agreement, if this Agreement has been in  place for less than six months. 

17. Redeeming the funds held in your Card Account 

17.1. If you have funds held in your Card Account after this Agreement has ended, you  may withdraw these funds for up to six (6) years following the date the Agreement ends. 

17.2. If there are still funds held in your Card Account 12 months following the end of this  Agreement, we will start deducting a fee from your account that will cover our costs in  order to maintain this balance for you until such time as you redeem your funds. 

17.3. If you wish to redeem your funds after this Agreement has ended and you no longer  have access to your secure personal area of our website, please contact us at  [email protected] so we can help. 

17.4. If you request to redeem your funds after this Agreement ends, we may need to  carry out some checks prior to sending the funds to you. We may therefore ask you to  provide some information to us at this time, such as identity documents and so on. 

17.5. We may charge you a fee for redeeming your funds held in your Card Account  if you request to redeem those funds whilst this Agreement is in place or where you  request redemption of the funds held in your Card Account more than 12 months after this  Agreement has ended.

Liability 

If we do not reasonably meet our commitments to you under the terms of this Agreement, we are  only responsible for loss you suffer that is a foreseeable result of our breaking this Agreement or  our failing to use reasonable care and skill. We are not responsible for any loss or damage that is  not foreseeable. 

We do not exclude or limit liability for death or personal injury caused by our negligence or the  negligence of our employees, agents or subcontractors; for fraud or fraudulent misrepresentation. 

The Card Account and the Card are consumer products; accordingly, if you use our Services for  any commercial or business purpose we will have no liability to you for any loss of profit, loss of  business, business interruption, or loss of business opportunity. 

Law governing this Agreement and jurisdiction 

The law governing this Agreement is the law of England and Wales. The courts of England and  Wales have jurisdiction to adjudicate any dispute between you and us in connection with this  Agreement.  

Dispute resolution 

If you are not satisfied with the service you receive from us you should contact us at  [email protected].  

Correspondence may be monitored or recorded. Our complaints procedure is available on our  website or upon requesting from us at [email protected] and, if we receive a complaint from  you, a copy of our complaints procedure will automatically be sent to you. 

We will look into your case as quickly as possible. We aim to acknowledge your complaint within  24 hours and send you a final response within 15 business days. In rare occasions, we may need  to extend the deadline by a further 20 business days to investigate your case in detail. 

If, having exhausted the complaints procedure above, you remain unhappy, you may complain to  the Financial Ombudsman Service (FOS) on the following contact details: 

● Online: www.financial-ombudsman.org.uk 

● Email: [email protected] 

● Mail: The Financial Ombudsman Service Exchange Tower, London, E14 9SR ● Phone: 0800 023 4 567 (free), 0300 123 9 123, weekdays from 8:00am–8:00pm (GMT),  and on Saturday from 9:00am–1:00pm (GMT) 

● If you are not in the UK, call +44 20 7964 0500. 

Data protection

We need to collect information about you to provide you with the Services under this Agreement.  For information on how we use your personal data, please refer to our privacy notice  https://purse.money/en-uk/privacy-policy.  

By entering into this Agreement, you acknowledge and agree that we may collect, process and  store your personal information for the purposes of providing our Services to you. This does not  affect any rights and obligations you or we have under data protection law. 

Other legal terms 

22.1. We may transfer this Agreement to someone else 

We may assign or otherwise transfer any of our rights and obligations under the Agreement,  without your prior consent, to any other person or business, subject to such party continuing the  obligations in the Agreement to you. 

22.2. Third parties 

This Agreement is between you and us only. Except for any party to whom we transfer this  Agreement (under section 22.1), nothing in the Agreement gives any third party any benefit or right  (including any enforcement right). 

Card Limits 

 

The following limits apply to use of your card:

Limit 
Amount (£)
Single Purchase Limit - POS 
£3,000
Single Purchase Limit - Contactless POS 
£100
 

 

Single Top Up Limit 
£1,000
Daily Purchase Limit - POS 
£3,000
Monthly Purchase Limit - POS 
£7,000 
Yearly Purchase Limit - POS 
£30,000
Maximum Consecutive POS Purchases 
5
Maximum Consecutive Contactless POS  Purchases
5

Your card is enabled for purchases (POS and contactless) globally. 

Transaction limits are subject to periodic review and change. Contact customer service with any  questions regarding your card limits. Violations of card limits may result in card suspension or  termination.

 

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