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Is there a spending limit for using Interac Debit contactless payments (tap) on my Simplii card?

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Yes, the in-store limit is $250 per transaction. However, this limit may vary by merchant. If you exceed this transaction amount or reach your consecutive tap limit of $1,000, you’ll be prompted to insert your card and enter your PIN.  This will reset your consecutive tap accumulator and you’ll be able to tap for up to $250 again.

† Simplii Financial personal banking services are provided by the direct banking division of CIBC. Banking services not available in Quebec.
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