How do I set card limits and transaction limits

What are spend limits?

Spend limits act as track and control spending on your card. Admin users can set the limit amount, limit currency, and limit frequency during card creation, or edit the card’s spend limit at any time.

Airwallex supports daily, weekly, monthly, quarterly, yearly or all-time limits. Weekly limits reset on Monday. Monthly limits reset on the first of the month. Quarterly limits reset four times a year on the first day of each quarter (January 1, April 1, July 1, October1). Yearly limits reset on the first day of each year (January 1). All limits reset at UTC+0, regardless of the user’s time zone.

An all-time limit does not reset. Once the card’s spend reaches the set all-time limit, you will need to manually increase that limit to enable more spending on the card.

How do I set a card’s spend limit?

To set a card’s spend limit, follow the steps below:

1. Log into your Airwallex account and navigate to 'Cards' 
2. Click on the option to create a new card
3. Fill out the cardholder details
4. Fill in the card limits section and adjust the limit amount, limit currency, and limit frequency

How do I edit an existing card’s spend limit?

1. Log into your Airwallex account and navigate to 'Cards' 
2. Click on the card you want to edit, and click “Manage Card > Edit card”
3. To add a new limit, click the ‘+ Add a limit’ option and set an amount & frequency.
4. To delete a limit, select the bin button next to the limit
5. Once you are happy with the changes, click ‘Save changes’

How do I set and adjust the card’s transaction limit?

Transaction limits prevent excessively high transactions from being authorised on your card. All cards have a default transaction limit of 50,000 USD (or equivalent in another settlement currency). You can adjust a lower transaction limit if needed.

If you would like to request a higher transaction limit for your account, please contact our customer support team here.