Mydoh Smart Cash Card users have specific limits on how much and how often their child can spend. These limits are designed to help manage spending and include daily, weekly, and monthly caps on purchase value, as well as a monthly limit on the number of transactions.
Mydoh Smart Cash Card Spending Limits
To help parents and children manage finances effectively, the Mydoh Smart Cash Card has the following spending limitations:
Limit Type | Value (CAD) |
---|---|
Number of purchases per month | 100 transactions |
Value of purchases per day | $999.99 |
Value of purchases per week | $2,000 |
Value of purchases per month | $3,000 |
These limits apply to the total spending activity on the child's Mydoh Smart Cash Card. It's important to note that the monthly limits are cumulative across the entire month, ensuring that the total spending does not exceed the set thresholds.