Kite
Blog / Glossary / S / Spending limit

Spending limit

What crypto means by it

The cap on how much can go through a card in a day, a month or a year. Separate from your balance, so you can be perfectly well funded and still be stopped.

What you already know this as

The same limits, set by the issuer for fraud and regulatory reasons rather than because you cannot afford it.

In Kite: Ours are $50,000 a day across 50 transactions, and $990,000 a year across 1,040, resetting at midnight Singapore time.

Decode with Kite

Paste the whole sentence and we will underline every term we recognise.

Or try: