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Chocolate Finance sets $250 spending limit on debit card
The Straits Times
|March 14, 2025
Financial services firm Chocolate Finance imposed a $250 spending cap on its debit card a day after it paused withdrawals following a spike in requests.
The firm told customers on March 11 that it has "temporarily implemented" the transaction limit on its Chocolate Visa card to help manage its "liquidity programme".
It also said that transactions made on AXS and e-wallet top-ups remained unsupported in order to keep the HeyMax programme "running strong".
HeyMax is a Singapore-based travel rewards and personal finance platform that allows users to earn what it calls "Max Miles" through spending on credit cards. The points can be redeemed for travel-related rewards or transferred to airline and hotel partner programmes.
Dit verhaal komt uit de March 14, 2025-editie van The Straits Times.
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