LOAD LIMITS
Last Updated: August 19, 2024
Load Limits for Greenlight® Prepaid Mastercard
Load Limits | Amount |
|---|---|
Minimum amount of an initial value load (by ACH or Debit Card)1 | $1.00 to $20.00 |
Minimum amount of a value reload (by ACH or Debit Card)1 | $1.00 to $20.00 |
Maximum Aggregate Debit, PayPal and Venmo Load/Transfer Amounts per Day per Family2 | $3,000.003,4 |
Maximum Aggregate Debit, PayPal and Venmo Load/Transfer Amounts per Week5 per Family2 | $7,500.003,4 |
Maximum ACH Load per Day per Primary Account | $5,000.003,4 |
Maximum ACH Load per Week5 per Primary Account | $10,000.003,4 |
Minimum Payroll Direct Deposit Load amount per Secondary Account | $1.00 |
$5,000.003,4 | |
Maximum Transfer FROM Invest Account per Primary Account per day | $5,000.00 |
Maximum Transfer FROM Invest Account per Primary Account per Week5 | $10,000.00 |
Minimum Pay Link Load Amount | $5.00 |
Maximum Pay Link Load per Transaction | $250.00 |
Maximum Pay Link Load per Secondary Account per Month6 | $1,000.00 |
Maximum Greenlight Gift per Transaction | $100.00 |
Maximum Greenlight Gift Load per Secondary Account per Week5 | $200.00 |
Maximum Greenlight Gift Load per Family per Month6 | $1,000.00 |
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1 The minimum amount of an initial value load and a reload are variable (between $1 and $20) and the applicable minimum amount will be established and displayed for each customer either on the initial registration screens or the reload screens in the Application. The minimum initial value load and minimum reload amounts can be waived by the card issuing bank or Greenlight at any time.
2 “Family” means the Primary Account plus all related Secondary Accounts.
3 If a customer requests an ACH load that exceeds (i) any of the maximum limits described in this table, (ii) any of the maximum limits described in the Cardholder Agreement; or (iii) any lower maximum limits calculated dynamically by Greenlight’s risk engine (the “Maximum ACH Limit”), customer will be informed in the Application that the requested load amount exceeds the Maximum ACH Limit, and, in such event, the customer will be informed that the requested load amount will be available in their Greenlight Account promptly after the settlement funds have been received by the Issuer, which can take up to 3-4 business days. After receiving this notice in the Application, the customer will then be asked whether or not they want to proceed with the requested load transaction. Alternatively, if the requested load amount is less than or equal to the Maximum ACH Limit, then the requested load amount will be promptly deposited in the customer’s Greenlight Account. Notwithstanding the foregoing, if any requested loads will cause an account to exceed the aggregate account balance limits, the requested load will either be rejected in full or the incremental amount over the aggregate account balance limits will be rejected.
4 The maximum load/reload limits are subject to change at any time on an accountholder-by-accountholder and a transaction-by-transaction basis at the discretion of the Issuer and Greenlight for risk and fraud control reasons. Some of the factors that may impact a Primary Accountholder’s load limits in Greenlight’s dynamic risk engine include, without limitation, the tenure of the relationship, the type of load source, the method of account verification, the amount of successful loads during the entire term of the relationship, and whether or not the account has ever had a negative balance or has been late in the payment of monthly subscription fees.
5 “Week” or “Weekly” means a rolling 7-day period.
6 “Month” means a rolling 30-day period.