diff --git a/satellite/console/service.go b/satellite/console/service.go
index 78fe52cee..245bf5ca9 100644
--- a/satellite/console/service.go
+++ b/satellite/console/service.go
@@ -1550,7 +1550,7 @@ func (s *Service) GenDeleteProject(ctx context.Context, projectID uuid.UUID) (ht
 }
 
 // UpdateProject is a method for updating project name and description by id.
-func (s *Service) UpdateProject(ctx context.Context, projectID uuid.UUID, projectInfo ProjectInfo) (p *Project, err error) {
+func (s *Service) UpdateProject(ctx context.Context, projectID uuid.UUID, updatedProject ProjectInfo) (p *Project, err error) {
 	defer mon.Task()(&ctx)(&err)
 
 	user, err := s.getUserAndAuditLog(ctx, "update project name and description", zap.String("projectID", projectID.String()))
@@ -1558,7 +1558,7 @@ func (s *Service) UpdateProject(ctx context.Context, projectID uuid.UUID, projec
 		return nil, Error.Wrap(err)
 	}
 
-	err = ValidateNameAndDescription(projectInfo.Name, projectInfo.Description)
+	err = ValidateNameAndDescription(updatedProject.Name, updatedProject.Description)
 	if err != nil {
 		return nil, Error.Wrap(err)
 	}
@@ -1568,8 +1568,8 @@ func (s *Service) UpdateProject(ctx context.Context, projectID uuid.UUID, projec
 		return nil, Error.Wrap(err)
 	}
 	project := isMember.project
-	project.Name = projectInfo.Name
-	project.Description = projectInfo.Description
+	project.Name = updatedProject.Name
+	project.Description = updatedProject.Description
 
 	if user.PaidTier {
 		if project.BandwidthLimit != nil && *project.BandwidthLimit == 0 {
@@ -1578,15 +1578,15 @@ func (s *Service) UpdateProject(ctx context.Context, projectID uuid.UUID, projec
 		if project.StorageLimit != nil && *project.StorageLimit == 0 {
 			return nil, Error.New("current storage limit for project is set to 0 (updating disabled)")
 		}
-		if projectInfo.StorageLimit <= 0 || projectInfo.BandwidthLimit <= 0 {
+		if updatedProject.StorageLimit <= 0 || updatedProject.BandwidthLimit <= 0 {
 			return nil, Error.New("project limits must be greater than 0")
 		}
 
-		if projectInfo.StorageLimit > s.config.UsageLimits.Storage.Paid {
+		if updatedProject.StorageLimit > s.config.UsageLimits.Storage.Paid && updatedProject.StorageLimit > *project.StorageLimit {
 			return nil, Error.New("specified storage limit exceeds allowed maximum for current tier")
 		}
 
-		if projectInfo.BandwidthLimit > s.config.UsageLimits.Bandwidth.Paid {
+		if updatedProject.BandwidthLimit > s.config.UsageLimits.Bandwidth.Paid && updatedProject.BandwidthLimit > *project.BandwidthLimit {
 			return nil, Error.New("specified bandwidth limit exceeds allowed maximum for current tier")
 		}
 
@@ -1594,7 +1594,7 @@ func (s *Service) UpdateProject(ctx context.Context, projectID uuid.UUID, projec
 		if err != nil {
 			return nil, Error.Wrap(err)
 		}
-		if projectInfo.StorageLimit.Int64() < storageUsed {
+		if updatedProject.StorageLimit.Int64() < storageUsed {
 			return nil, Error.New("cannot set storage limit below current usage")
 		}
 
@@ -1602,14 +1602,14 @@ func (s *Service) UpdateProject(ctx context.Context, projectID uuid.UUID, projec
 		if err != nil {
 			return nil, Error.Wrap(err)
 		}
-		if projectInfo.BandwidthLimit.Int64() < bandwidthUsed {
+		if updatedProject.BandwidthLimit.Int64() < bandwidthUsed {
 			return nil, Error.New("cannot set bandwidth limit below current usage")
 		}
 
 		project.StorageLimit = new(memory.Size)
-		*project.StorageLimit = projectInfo.StorageLimit
+		*project.StorageLimit = updatedProject.StorageLimit
 		project.BandwidthLimit = new(memory.Size)
-		*project.BandwidthLimit = projectInfo.BandwidthLimit
+		*project.BandwidthLimit = updatedProject.BandwidthLimit
 	}
 
 	err = s.store.Projects().Update(ctx, project)
@@ -1672,14 +1672,14 @@ func (s *Service) GenUpdateProject(ctx context.Context, projectID uuid.UUID, pro
 			}
 		}
 
-		if projectInfo.StorageLimit > s.config.UsageLimits.Storage.Paid {
+		if projectInfo.StorageLimit > s.config.UsageLimits.Storage.Paid && projectInfo.StorageLimit > *project.StorageLimit {
 			return nil, api.HTTPError{
 				Status: http.StatusBadRequest,
 				Err:    Error.New("specified storage limit exceeds allowed maximum for current tier"),
 			}
 		}
 
-		if projectInfo.BandwidthLimit > s.config.UsageLimits.Bandwidth.Paid {
+		if projectInfo.BandwidthLimit > s.config.UsageLimits.Bandwidth.Paid && projectInfo.BandwidthLimit > *project.BandwidthLimit {
 			return nil, api.HTTPError{
 				Status: http.StatusBadRequest,
 				Err:    Error.New("specified bandwidth limit exceeds allowed maximum for current tier"),
diff --git a/satellite/console/service_test.go b/satellite/console/service_test.go
index 622bc0c27..e45a834ef 100644
--- a/satellite/console/service_test.go
+++ b/satellite/console/service_test.go
@@ -382,6 +382,81 @@ func TestPaidTier(t *testing.T) {
 	})
 }
 
+// TestUpdateProjectExceedsLimits ensures that a project with limits manually set above the defaults can be updated.
+func TestUpdateProjectExceedsLimits(t *testing.T) {
+	usageConfig := console.UsageLimitsConfig{
+		Storage: console.StorageLimitConfig{
+			Free: memory.GB,
+			Paid: memory.TB,
+		},
+		Bandwidth: console.BandwidthLimitConfig{
+			Free: 2 * memory.GB,
+			Paid: 2 * memory.TB,
+		},
+		Segment: console.SegmentLimitConfig{
+			Free: 10,
+			Paid: 50,
+		},
+		Project: console.ProjectLimitConfig{
+			Free: 1,
+			Paid: 3,
+		},
+	}
+
+	testplanet.Run(t, testplanet.Config{
+		SatelliteCount: 1, StorageNodeCount: 0, UplinkCount: 1,
+		Reconfigure: testplanet.Reconfigure{
+			Satellite: func(log *zap.Logger, index int, config *satellite.Config) {
+				config.Console.UsageLimits = usageConfig
+			},
+		},
+	}, func(t *testing.T, ctx *testcontext.Context, planet *testplanet.Planet) {
+		sat := planet.Satellites[0]
+		service := sat.API.Console.Service
+		projectID := planet.Uplinks[0].Projects[0].ID
+
+		updatedName := "newName"
+		updatedDescription := "newDescription"
+		updatedStorageLimit := memory.Size(100) + memory.TB
+		updatedBandwidthLimit := memory.Size(100) + memory.TB
+
+		proj, err := sat.API.DB.Console().Projects().Get(ctx, projectID)
+		require.NoError(t, err)
+
+		userCtx1, err := sat.UserContext(ctx, proj.OwnerID)
+		require.NoError(t, err)
+
+		// project should have free tier usage limits
+		require.Equal(t, usageConfig.Storage.Free, *proj.StorageLimit)
+		require.Equal(t, usageConfig.Bandwidth.Free, *proj.BandwidthLimit)
+		require.Equal(t, usageConfig.Segment.Free, *proj.SegmentLimit)
+
+		// update project name should succeed
+		_, err = service.UpdateProject(userCtx1, projectID, console.ProjectInfo{
+			Name:        updatedName,
+			Description: updatedDescription,
+		})
+		require.NoError(t, err)
+
+		// manually set project limits above defaults
+		proj1, err := sat.API.DB.Console().Projects().Get(ctx, projectID)
+		require.NoError(t, err)
+		proj1.StorageLimit = new(memory.Size)
+		*proj1.StorageLimit = updatedStorageLimit
+		proj1.BandwidthLimit = new(memory.Size)
+		*proj1.BandwidthLimit = updatedBandwidthLimit
+		err = sat.DB.Console().Projects().Update(ctx, proj1)
+		require.NoError(t, err)
+
+		// try to update project name should succeed
+		_, err = service.UpdateProject(userCtx1, projectID, console.ProjectInfo{
+			Name:        "updatedName",
+			Description: "updatedDescription",
+		})
+		require.NoError(t, err)
+	})
+}
+
 func TestMFA(t *testing.T) {
 	testplanet.Run(t, testplanet.Config{
 		SatelliteCount: 1, StorageNodeCount: 0, UplinkCount: 0,