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What does "monthly spend limit" mean?
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!
Can I spend £500 per month, or is it just another word for the total credit limit?
Thanks for any insight!
0
Comments
-
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.0
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