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How do I set spending limits on an additional virtual card?

How do I set specific spending limits on an additional virtual card?

Found allows you to set the limit for any additional virtual cards you create. For example, if you plan to share an additional card with a trusted business partner, you may want to set a specific limit for that card. If you are using the additional card for a specific expense, like a subscription or supplies, you can set a limit so that you do not go over budget. 

Please note, each card will be able to have its own limit, but they will all roll up to the main account limit. You can set a monthly or all-time limit on each card, but again, all card spending is still limited on a higher level by the main account limit. 

Follow the instructions below to set a limit on your additional virtual cards:

 From the app

  1. Tap the debit card icon on the bottom menu

  2. Tap on the virtual card you would like to modify

  3. Tap the box where it states No limit.

  4. Set your limit cadence: No limit, Monthly, and All Time

  5. Set your spending limit in dollars and then tap the Save button.

From the website

  1. Click the debit card icon in the Business Balance section of the Overview page.

  2. Click on the virtual card you would like to modify

  3. Click the box where it states No limit.

  4. Set your limit cadence: No limit, Monthly, and All Time

  5. Set your spending limit in dollars and then tap the Save button.

No limit means that there are no limits on this card and can spend up to your daily account transaction limit.

Monthly means that the limit set will automatically reset on the 1st of each month.

All time means that you are setting a permanent limit and once that limit has been hit, the card can no longer be used (e.g. the limit is set to $100, once the card has been used to spend $100, it will automatically decline any additional purchase attempts).


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*Found is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.

The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc.

The information on this website is not intended to provide, and should not be relied on, for tax advice.

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