The spending goal allows you to set a budgeted amount of money in your MogoCard for a set time period of your choosing (between 1 and 31 days).
For example, you could set a goal of only spending $500 until your next payday you’ll know that the spending money needs to last until the next payday when you get another injection of spending money. This way, you can track your progress in your MogoAccount in real-time, and make sure that you’re not overspending.
Mogo Visa* Platinum Prepaid Card is issued by Peoples Trust Company pursuant to licence by Visa Int. *Trademark of Visa International Service Association and used under licence by Peoples Trust Company.