PayID Limits Explained: What’s the Maximum You Can Deposit at a Casino?

4 min

PayID is fast becoming one of, if not the most popular, digital payment method for many Aussies.

It offers plenty of benefits for online casino players, including instant transactions and high security. But one common question we often hear from players is about PayID limits. Just how much can you deposit in a single transaction? And is there a limit per day?

In this guide, we’ll break down everything you need to know about PayID deposit limits when playing at an online casino.

What Are PayID Deposit Limits?

PayID limits refer to the maximum amount you can deposit using PayID.

These limits can vary depending on several factors, including your bank, the policies of the PayID casino, and your account verification level.

Bank-Imposed PayID Limits

Each Australian bank sets its own PayID transfer limits. These limits can differ depending on:

Daily transaction limits: Most banks cap the total amount you can transfer per day. Depending on the bank, these limits can differ depending on whether you're using the app or logging in via Internet banking.
Per-transaction limits: There may be limits set for each individual PayID transaction. For example, you can transfer up to $20,000 per day using PayID but each transaction may be capped at $5,000. So you'd nee to make four transactions in total.
Account type: If you’ve got a business or premium account with your bank, you may be eligible for higher limits. Each bank has its own specific policies and account types.
Verification status: Some banks may let you increase PayID limits if you complete additional verification steps, such as confirming your identity again via your banking app or enabling two-factor authentication (2FA).

Examples of PayID Limits by Bank

While limits vary, here’s an overview of what the big four banks allow for PayID transfers:

Commonwealth Bank: Up to $20,000 per day.
ANZ: You can set your own limit between $1,000 to $10,000 per day (you'll start off with $1,000 and need to adjust via your app or internet banking).
Westpac: Most account types start at $750 per day, but you can increase this limit via online banking (limit thresholds vary depending on your account).
NAB: $2,500 per NAB ID if you’re not registered for SMS Security, up to $5,000 per NAB ID if you are registered.

Based on our experience, we recommend double-checking with your bank to confirm your exact PayID limit, as limits do vary.

Casino-Imposed PayID Limits

While banks have their daily limits, online casinos do, too. These restrictions can be based on:

Minimum deposit amount: This is usually around $10 to $20.
Maximum deposit per transaction: Depending on the casino, this can range anywhere from $5,000 to $50,000. It can also depend on your status at the casino (e.g. if you’re a VIP customer, you may be eligible for higher limits).
Regulatory restrictions: Casinos licensed in different jurisdictions may have specific limits they need to comply with.

How to Check a Casino’s PayID Limits

To find out a casino’s specific PayID deposit limits, you can:

Check the banking/payment section of the casino website.
Read the terms and conditions related to deposits.
Contact customer support for more info if required. Most casinos offer chat, email or sometimes phone support.

Can You Increase Your PayID Limit?

If your current PayID limit is too low for your casino deposits, you may be able to increase this limit by:

Contacting your bank: When you open a new account your bank will likely set your pay limits to the lowest setting. But you can usually request a higher daily or per-transaction limit either via the bank’s app or by logging into internet banking.
Verify your identity: When opening your account, you would have already verified your ID by providing a driver’s licence or other form of ID. But some banks may also raise limits after you complete additional verification steps that meet their requirements.
Check VIP programs: If you’re a high-roller, the casino may allow higher deposit limits. If you hold a platinum or business account with your bank you may also be eligible for higher limits.

Conclusion

Understanding PayID deposit limits helps you to better manage your online casino transactions.

While banks and casinos set different limits, which can apply per transaction or per day, you can usually request higher limits to give yourself some extra flexibility.

Just remember to always check with your bank and chosen online casino to experience smooth and hassle-free deposits.