With Pleo Reserve it's possible to have a negative wallet balance, so you don't have to worry about having enough funds to pay for larger purchases or while waiting for your Wallet top-up.
Anytime you would have a negative wallet balance, this would automatically be settled with your next Wallet Auto top-up.
Note: Currently available in the UK, Germany, Sweden, Denmark, the Netherlands, Ireland, Spain, France, Belgium, Austria and Portugal.
Enabling Pleo Reserve
- Navigate to Wallet
- Click Manage Wallet
- Within Low Balance Auto Top-up
- Enable Auto Top-up (if you haven't already)
- Tick the box for Use this Reserve while the transfer is in progress
- Set a Reserve limit within the following ranges:
- UK: 2,000 - 50,000 GBP
- EUR countries: 2.000 - 50,000 EUR
- Sweden: 20,000 - 500,000 SEK
- Denmark: 15,000 - 370,000 DKK
Good to know:
- If you don't see the Reserve tick box, Pleo Reserve is currently not available to you
- You can deactivate Reserve or change your Reserve limit at any time in Low Balance Top-up
Pleo Reserve costs
Reserve is currently free, but an annual overdraft fee will be added if your Reserve balance is overdue for more than 7 days:
- UK: 8%
- EUR countries: 15%
- Sweden: 10%
- Denmark: 11.75%
Repayment difficulties?
Reach out to collections@pleo.io to discuss repayment plans.
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