Where can I see my card limit ?

Modified on Wed, 12 Jan 2022 at 03:54 PM

If you are owner or admin of your company's Karbon card account, then please go through the below article to see card limits, including company credit limit, card limit ( monthly card spend limit ), transaction limit, and forex limit .

https://karboncard.freshdesk.com/support/solutions/articles/81000390659-what-are-card-limits-transaction-limits-and-forex-limits-and-how-do-i-set-those-


For the member card holders, please follow the below steps.

1. Login to Karbon dashboard

2. Click on the card number to see the card limit. 



3. Click on the Card limit icon 


4. Unless you have admin privileges, you cannot change card limits. Instead of clicking Submit, please close the dialog.


Credit Limit field : Total allowed monthly spends of the card

This will act as a credit limit for your card. Let's say that you gave 10,000 credit limit to your team member, and your company credit limit is 1,00,000. In that case, the team member would be allowed to spend up to Rs. 10,000 every statement cycle ( typically a month ). He cannot spend more than 10,000 in a statement cycle even when you have available company's credit limit. Think of this way, you have a ton of money in your bank account but you set a limit to your son's card and he is not allowed to spend more than 10,000 every month. 



Transaction Limit : A single card transaction limit of your team member's card

Let's say that you set a transaction limit of 10,000 and credit limit of 50,000. In that case, you cannot do a transaction of 20,000, as it exceeds transaction limit of 10,000 even though your credit limit is 50,000.



Forex Limit : A single card transaction limit in USD or another currency of your team member

Let's say that you set a forex limit of 10,000 and transaction limit of 20,000. In that case, you cannot do a transaction of 20,000, as it exceeds transaction limit of 10,000 even though your credit limit is 50,000. Unless specified otherwise, all transactions are INR.


For both Booster and Cashback cards, please follow the same steps.


 

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