Because Osper is designed for 8 - 18 year olds, and because it a prepaid card that is provided only with a basic identity check, there are some limits on how much can be loaded, spent and withdrawn as well limitations on where Osper can be used.
Spending & Withdrawal Limits
There are limits on how much can be spent and loaded onto an Osper card or within a family of Osper cards.
We have two sets of limits, a simplified set (meaning we’ve only been able to do a partial check on your identity) and the full set (meaning we have done a full identity check and you are on our highest possible limits).
It is possible to upgrade from the simplified to the full product. If you'd like to make sure you're on the full product please send us a message from within your app.
Where can I use my Osper Card?
You can use your Osper Card anywhere that accepts Mastercard, except where the purchase is age-inappropriate.
Because Osper is for 8 - 18 year olds, we block transactions that could be for things that wouldn’t be suitable for that age range.
These can include;
Gambling/Betting (i.e. casinos, betting shops, betting websites)
Alcohol Establishment (i.e. pubs, nightclubs)
Dating/Escort Services (i.e. dating websites)
Automated Fuel Dispensers. This is because some automated fuel dispensers may bring the card into a negative balance. It is still possible to pay for petrol inside the petrol station, just not using the automated machines
More details on this and what happens if we detect an age-inappropriate transaction is available in in the Osper Safety & Security section.
For added security, after every 5 contactless transactions or after £135 is spent in contactless transactions, you will now be prompted to make the next transaction using chip and pin. This means that if your card is lost or stolen and not locked in time, there is a limit to how much can be spent using contactless.