Next User Type: Admin
A custom-limit virtual card allows users to create virtual cards with spending limits set directly at the card level, rather than tying them to a budget. For example, you can create a custom-limit card for "AWS spend," assign it a fixed amount, and attach a policy that restricts the merchant category group (MCG) to "SaaS/Software." Custom-limit cards function like any other virtual card on the platform and can be used for both domestic and international transactions.
How it differs from a budget-limit virtual card: A budget-limit virtual card must live within a budget and either inherits the spending limit of that budget or gets its limit from the funds assigned to the user who created the card. A custom-limit card exists entirely outside the budget structure and does not impact budgets in any way.
Spending limit options: When creating a custom-limit virtual card, you can choose from three options:
Decline charges — Transactions decline once the card reaches its specified spend target.
Decline changes with overspend buffer — Allows some flexibility by permitting spend beyond the target amount, up to a defined buffer.
Send alerts — You receive a notification if you reach the spend target, but you can still continue spending on the card.
Policy controls: You can assign spending policies to custom-limit virtual cards, including receipt requirements, merchant category code (MCC) restrictions, and transaction amount limits. Transaction review is not available for these cards.
Reporting: Transactions from custom-limit virtual cards display on the Transactions page and the Insights page within the context of your company's overall spending. The cards appear under Budgets with light gray text denoting them as custom-limit cards, and expanding the card shows a breakdown of its transactions.
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