Skip to main content

What is a credit limit?

Your credit limit is the maximum amount you can spend using your Monefit Card account.

💳 Your available credit decreases when you:

  • Make purchases using Credit

  • Have pending or completed card transactions

As you repay your balance, your available credit is restored and becomes available to use again.

The amount you can currently spend is called your available credit limit, which may be lower than your total credit limit if part of it is already being used.

You can view at any time in the app:

  • Total credit limit

  • Available credit limit

  • Current balance

  • Outstanding repayments

Monitoring your available credit can help you manage spending and plan future purchases.

Did this answer your question?