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Take a look at the examples below to get an idea of how your Deposit Limit will work.

Important!
Deposit Limits are subject to  that limit your ability to make any new combination of dollar limit and frequency during your limit timeframe. Click  find out how Restriction periods work.

Example 1

You reach your Deposit Limit

In the example below:

Dollar Limit: $1000
Time Frame: 28 Days

  • Week 1: $400 is Deposited
  • Week 2: $500 is Deposited
  • Week 3: $100 is Deposited
  • Week 4: You are unable to Deposit as your limit has been reached.
 
Deposit Limit
Total Deposits
Running Total
Days 1-7
$1000
$400
$400
Days 8-14
$500
$900
Days 15-21
$100
$1000 (limit)
Days 22-28
Unable to deposit (Limit Reached)
Unable to deposit (Limit Reached)

Example 2

You decrease your Deposit Limit during the Limit period

In the example below:

Dollar Limit: Initially $500, then $400
Time Frame: 7 Days

  • Monday: $150 is Deposited
  • Tuesday: $150 is Deposited
  • Wednesday: $100 is Deposited
  • Thursday: The limit was changed to $400

Because you've already Deposited a total of $400, you won't be able to make any more contributions until the Limit period is over.

 
Deposit Limit
Deposits
Running Total
Mon
$500
$150
$150
Tues
$150
$300
Wed
$100
$400
Thur
$400 (limit)
Limit Reached
Limit Reached
Fri
Limit Reached
Limit Reached
Sat
Limit Reached
Limit Reached
Sun
Limit Reached
Limit Reached
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