What are the balance and transfer limits on a Parent Wallet and Spriggy cards?

Your Spriggy Family membership includes:

You can transfer money to a Spriggy card from your Parent Wallet and also via Gifting.

The maximum balance per Spriggy card is $999. This is the same for every member and doesn't change when you verify your identity. If a transfer would take your child's card above $999, it will be unsuccessful.

Every Spriggy card has an annual load limit of $30,000. This is the maximum amount of money you can put on your child's Spriggy card over a 12 month rolling period.

Your Parent Wallet limit depends on whether you've verified your identity with us:

Your Parent Wallet limit covers the money in your Parent Wallet plus all funds in your kids' Savings and Goals - it's a combined total, not a separate limit for each.

Example - verified ($4,999 limit): if your kids have $1,000 in Savings and $1,500 in Goals, and you have another $2,000 in your Parent Wallet, your total balance is $4,500. You'd be able to add $499 before you reach your limit.

Example - not verified ($999 limit): if your kids have $200 in Savings and $200 in Goals, and you have another $500 in your Parent Wallet, your total balance is $900. You'd be able to add $99 before you reach your limit.

Why we verify your identity

Spriggy is regulated by AUSTRAC under Australia's anti-money laundering and counter-terrorism financing (AML/CTF) laws. These laws exist to stop criminals from using financial products, including apps like Spriggy, to move, hide or launder money. Confirming who you are is one of the ways we keep the platform safe for your family and for every other member who uses it.

If we've already verified your identity, there's nothing more you need to do - your Parent Wallet limit is $4,999.

If you joined Spriggy before 31 March 2026 and we verified your identity at the time, that verification is still valid - you don't need to do it again.

Parent Wallet annual load limit

Your Parent Wallet (including all funds in Savings and Goals) has an annual load limit of $30,000. This is the maximum amount of money you can put in your Parent Wallet over a 12 month rolling period.

You can load from $10 to $240 per top up. Parent Wallet top ups are limited to $500 in any 24 hour period.

Your kids' Savings and Goals are part of your Parent Wallet, so they count towards your Parent Wallet limit - $4,999 if you're verified, $999 if you're not.

Every parent has their own Parent Wallet, and each parent's limit is based on their own identity verification - $4,999 if they're verified, $999 if they're not. This means an Additional Parent may have a different limit to the primary Parent.

The Parent Wallet balance of an Additional Parent won't impact the Parent Wallet balance of the primary Parent. If an Additional Parent sends money to a shared child's Savings or Goals, those funds become funds of the primary Parent and count towards the primary Parent's Parent Wallet limit.