A small fee is applied when a refund from your in app-wallet to your funding source is requested, when you close your account or use your ring for a foreign currency transaction. These charges are in place because our suppliers apply them when these transaction types take place.
There are no fees for checking your balance, transaction history or loading funds on to your ring.
You can find our full list of fees and limits (where applicable) in the table below.
|Ring RRP per unit||£89.99|
|Replacement unit fee||£89.99|
|Refund fee (from wallet to funding source)||£1.50|
|Closing account fee (refund)||£1.50|
|Chargeback fee (erroneous claim)||£25.00|
|Balance enquiry fee||Free|
|Administration fee (this fee will apply to all loading methods)||Free|
|Foreign exchange transaction fee||3%|
|Minimum Top-Up amount||£10.00|
|Maximum Top-Up allowance per day||£200.00|
|Maximum monthly Top-Up (per month)||£6,000|
|Maximum Annual Top-Up (per year)||£72,000|
|Maximum number of Top-Up attempts per day||10|
|Maximum single Top-Up amount||£200.00|
|Maximum account balance at any time||£2000.00|
|Maximum total daily spend amount||£500.00|