Understanding Kasheesh's Transaction Spending Limits
At Kasheesh, we have implemented various transaction spending limits to ensure the safety of our customers and prevent overspending or suspicious activities. Our transaction spending limits are as follows:
General Limits
Utility Transactions: $1,000.00 limit per transaction. This includes payments for services like cable, internet, water, and other utilities.
Retail Transactions: $15,000.00 daily limit. This covers transactions with retail merchants, but not financial institutions or utility companies.
All spending limits reset at midnight EST.
Linked Card Limits
Customers can link up to 5 of their own credit/debit cards to their Kasheesh account. Each linked card is subject to a $3,000 daily spending limit when used through Kasheesh. This structure is set by our issuing bank and helps to ensure the safety of our customers by preventing excessive spending in a single day.
Plaid-Connected Accounts
If customers choose to connect their cards through Plaid, the structure changes:
The individual $3,000 daily limits on each linked card are eliminated.
The spending limit is based on the customer's actual credit limit for each connected card.
However, a daily spend limit of $15,000 across all cards is still maintained as an additional safety measure for Kasheesh customers.
If you have any questions about your specific spending limits or need more details, please don't hesitate to contact our support team. We're here to help ensure you have a safe and smooth experience with Kasheesh.