Use ‘spend cap’ to reduce the amount you can spend.
You can easily manage the amount you can spend with Afterpay, whilst maintaining your approved maximum limit for a rainy day with a few simple taps. Simply head to Settings in the My Afterpay tab in the Afterpay app and select Spend cap. You can enter in an amount that is below your maximum spend limit, with a minimum of $100. Spend cap can be updated or removed by you within the app at any time. Click here to learn more about the spend cap feature
Can I reduce my Afterpay spend limit instead?
We can reduce your account limit to suit your budget and pause any increases, just let us know how much you would like to spend and how long you would like the restriction to be in place for. If your current outstanding balance is higher than the Spend Limit value you are seeking, your current orders will need to be paid down to less than your preferred Spend Limit before you can request for a spend limit reduction.
If we reduce your limit for a period of time, there is no guarantee that your previous limit will be restored immediately. The amount you can spend using Afterpay changes based on your payment history and how you use your account.
To reduce your Spend Limit, contact the Customer Service team via the app, or click here.