This spending policy applies to both virtual cards and plastic ones.
Here is an example of how the spending policy applies to a plastic card:
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: he will be able to make maximum ten top-ups of €50 without any validation. The eleventh top-up of €50 (or less) will require a manager's approval.
🤓 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.