Prepaid cards are undoubtedly among the most popular cards in recent times. The use of prepaid cards is increasing day by day.
A prepaid card is a customized chip or chipless card that is not linked to a bank account, has no credit limit like a credit card, and can be used for spending up to the amount loaded onto the card.
Prepaid cards are payment cards just like a debit card or credit card. The card carries a Card Number, Expiration Date, and Security Number (CVV). These cards can be used at any ATM or merchant that accepts cards.
Both the difficulties of obtaining a credit card and paying off card debt, as well as the requirement to open a bank account for debit cards, are the most important factors behind the use and spread of prepaid cards.
So, are the limits on prepaid cards that are not linked to any account the same as those for an account-linked credit card or debit card?
They are different. Under MASAK rules, the limits on cards not linked to an account are restricted to certain amounts.
With the regulatory change made in 2016, the limits were lowered by MASAK. Before the change, the loading and spending limit was 5000 TL, while the cash withdrawal limit was 2000 TL. The limits and periods applied after the change are below:
| Period | Amount | |
| Loading Limit | Monthly | 750 TL |
| Spending Limit | Monthly | 750 TL |
| Cash Withdrawal Limit | Annual | 300 TL |
You can access the related regulation at the link below.
