What are Net Spend Limits?
Net Spend Limits let you control how much you spend on Midnite over time.
You set a daily, weekly, or monthly limit that works for you - simple as that.
Previously called Net Deposit Limit: Some customers may still refer to this as their Net Deposit Limit. It's the same product - only the name has changed.
How They Work
These limits are based on your net spend:
Deposits ā Withdrawals = Net Spend
So instead of just counting what you put in, it reflects what youāve actually spent.
Example:
Monthly limit: £/⬠50
You deposit £/⬠50
Then withdraw £/⬠100
Your net spend is now -£/⬠50
That means you could still deposit up to £/⬠100 before hitting your £/⬠50 limit.
Staying Flexible
Youāre in control - but changes work slightly differently depending on what you do:
Lowering your limit (more restrictive) ā happens immediately
Increasing your limit (less restrictive) ā takes 24 hours to take effect
That delay is there for a reason - it gives you time to pause and think before increasing your spend.
Why It Matters
Setting a limit youāre comfortable with helps keep things exactly where they should be - fun and in control.
When We Step In
In some cases, our Responsible Team may apply a mandatory net spend limit to your account.
If youād like to request a change, just reach out to Support - theyāll talk you through your options.