What is spend power?
Your Spend Power is how much you can spend with Extra based on your bank balance, pending transfers & member history.
Why is Spend Power important?
Because Extra is a layer on top of your bank account, your Spend Power keeps track of pending Daily Spend transfers and your current bank balance in order to avoid any overdraft issues.
Tip: Regularly tap on your available Spend Power in the Extra App and avoid using your old debit card.
How can I increase my Spend Power?
Whether it's uploading an ID or successfully completing a certain amount of Daily Spend transfers, you can quickly increase your Spend Power by completing the tasks found on your personal Spend Power tab.