Hey bunqers 🌈
During bunq Update 17, we've noticed that the need for cash has decreased as people embraced safe and contactless payments. When looking at the usage of bunq cards, we noticed that most of you withdraw less than €250 daily. On the other hand, withdrawals higher than €250 are mostly related to cases of fraud. We are required by law to prevent fraud. Despite a lot of legitimate uses, cash is also used for illegitimate businesses.
After we listened to your feedback, we increased the ATM withdrawal limit to €500 per day per person. Once you've had a bunq account for longer than 3 months, you can enjoy the new limit.
The new ATM limit is applied on the 30th of July 2021.
If you want to learn more about your daily limits (including ATM withdrawals) you can do so here 🔎
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