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What does "monthly spend limit" mean?

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oceanscape
oceanscape Posts: 392 Forumite
in Credit cards
I have a BarclayCard business credit card with a "monthly spend limit" of £500. What does this mean?

Can I spend £500 per month, or is it just another word for the total credit limit?

Thanks for any insight!

Comments

  • papalimabravo
    papalimabravo Posts: 31 Forumite
    Part of the Furniture Combo Breaker
    Sounds like that's what you can spend each month.

    Are you an account holder or an additional card holder?

    If it's the latter I guess it's to help your company (the account holder) to manage expenses?

    You might find the monthly limit gets reviewed after a period of time.
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