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Are there any transaction limits on My Beacon Money account?

Yes. For security and regulatory purposes, some limits apply to your account. Please see the details below.
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Account Limits

Transaction Type

Limit

Time Frame

Maximum Account Balance

$25,000

At any time

Beacon Money Account Load Limit

$10,000

Per day

Salary Deposit into Beacon Account

$10,000

Per transaction

Interac e-Transfer Limits

Transaction Type

Limit

Time Frame

Receive e-Transfer

$10,000

Per day

Send e-Transfer

$25,000

Per transaction

Pre-Authorized Debit (PAD)

Transaction Type

Limit

Time Frame

PAD Transaction

$15,000

Per transaction

Visa Prepaid Card Limits

Transaction Type

Limit

Time Frame

Total Card Limit

$5,000

Per day

Online Purchase using Prepaid Card

$5,000

Per day

Card Usage Limits

Transaction Type

Limit

Time Frame

NFC Tap

$250

Per transaction

NFC Tap

$5,000

Per day

PIN (Insert)

$5,000

Per day

Swipe

$5,000

Per day

Digital Wallet (Apple Pay, Google Pay etc.)

$250

Per transaction

Digital Wallet

$5,000

Per day

POS Purchase (In-store)

$5,000

Per day

ATM Withdrawal Limits

Transaction Type

Limit

Time Frame

ATM (Domestic)

$500

Per transaction

ATM (Domestic)

$1,000

Per day

ATM (International)

$500

Per transaction

ATM (International)

$1,000

Per day

Maximum Combined POS + ATM Limit

Transaction Type

Limit

Time Frame

POS + ATM Combined

$5,000

Per day

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