🗓️Calculating your total monthly spend limit

Your card usage will be tracked at a monthly level. If your limit is set daily or weekly, here’s how to calculate your total monthly spend limit.

Your total monthly limit is determined by adding your monthly spending limit and your monthly withdrawal limit.

Spending Limit

If your daily spending limit is 10,000 AED, you can use your card for business expenses up to that amount each day. To find an approximate of your monthly spending limit, we multiply your daily limit by 30. Please keep in mind this an estimate and can be used as a guide but exact totals may vary slightly.

See example below: 10,000 AED × 30 days = 300,000 AED

If your limit is set weekly instead of daily, we multiply your weekly limit by 4 to estimate your monthly spending limit.

Withdrawal Limit

If your daily withdrawal limit is 1,000 AED, you can withdraw up to that amount per day. To find an approximate of your monthly withdrawal limit, we multiply your withdrawal limit by 30. Please keep in mind this an estimate and can be used as a guide but exact totals may vary slightly. See example below. 1,000 AED × 30 days = 30,000 AED

If your limit is set weekly instead of daily, we multiply your weekly limit by 4 to estimate your monthly spending limit.

Total monthly spend limit

By adding your monthly spending limit and your monthly withdrawal limit we get an estimate for your total monthly spend limit. See calculation below based on the above examples. Monthly spending limit (300,000 AED) + monthly withdrawal limit (30,000 AED) = total monthly spend limit (330,000 AED)