Transactions description

Daily or Monthly

Limit

Hold Period

ATM Withdrawal with your debit card

Daily

$500

N/A

Debit card transactions

Daily

$5,000

N/A

Transactions out of your Envel account (any Envelope) via ACH debit

N/A

No limit

Depends on the receiving bank account

Pull money (i.e. via Plaid) from your external account into your Envel account (ACH Pull)

Daily

$1,500

3 Days

Push money from an external account into your Envel Account (i.e. direct deposits, paychecks etc.)

N/A

No limit

No

Transfers between Envel users

Daily

$1,500

No

If you have any questions, please send an email to support@envel.ai

Did this answer your question?