This spending policy applies to both virtual cards and plastic ones.
How does this work when using a plastic card? Check out our example:
A member has the following spending policy: €50 per transaction and €500 per month.
He owns a plastic card with a 3000€ monthly budget that was previously approved by an account administrator.
If the card's monthly budget is entirely spent before the end of the month and/or the member needs to spend more than its budget to make a specific purchase, then he can ask for a top up.
This is when his spending policy applies: if the top-up request is below 50€ then it'll be automatically approved, otherwise it'll need to be approved by a manager. Same thing regarding the monthly budget limitation.
🤓 If a monthly budget wasn't set-up by an account administrator on your plastic card. Don't worry, it means that you can use your plastic card doing only top ups.