Lite Standard
Transaction Limits
Maximum single contactless transaction – UK 100 100
Maximum single contactless transaction – outside UK* N/A UK only 100
Maximum single transaction 250 3,000
Daily limit (maximum x50 transactions per day) 250 3,000
Monthly limit 250 10,000
Transaction Fees
Domestic POS Free Free
Non-domestic POS 3%** 3%**
Loading Limits
Minimum per load 10 10
Maximum per load 250 (x1 load per day) 1,500 (x4 loads per day)
Daily limit 250 3,000
Monthly limit 250 10,000
Maximum account balance 250 3,000
Loading Fees
Bank transfer 0.5 Free
Debit card Free Free
Credit card 3% 3%
PayPal 3% 3%
Purchase Fees
Virtual prepaid Mastercard® Free Free
K Ring 99.99 99.99
Maintenance Fees
Virtual prepaid Mastercard activation Free Free
Online account management Free Free
Balance enquiry (online, app) Free Free
Account maintenance (weekly) Free Free
Account maintenance (monthly) Free Free
Account maintenance (annual – Year 2 onwards) 5 5
Chargeback / dispute Free Free
Abandoned account (pcm after 6 months inactive) 2 1
Account closure / redemption fee 5 5
SMS notification Free Free
Replacement virtual prepaid Mastercard Free Free
Replacement K Ring 99.99 99.99

All amounts shown in currency of virtual prepaid Mastercard issue
*The ring is subject to a maximum amount in line with local contactless transaction limits, therefore this figure may be lower in some countries
**We use Mastercard's foreign exchange rate for our conversions + a 3% Currency Conversion Fee (Bank Fee). Find out more.