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Evening Standard
Evening Standard
Vicky Shaw

Less than half of account providers ‘let customers set contactless card limits’

Defaqto United States FCA
Choosing an account provider with the right in-app controls could make a ‘real difference’, Defaqto said (Andrew Matthews/PA) - (PA Archive)

Fewer than half of banks and building societies analysed by a star ratings website currently allow people to set their own contactless card limit.

Defaqto carried out the analysis ahead of rule changes taking effect from March 19, which will allow firms to set higher contactless card limits than the current ceiling of £100 per transaction, if they choose to.

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