by Cindy Lam | Oct 4, 2019
Currently, the Benefit.X balance for an entire company may only hold a maximum of SGD 20,000 at any given time. This balance may be distributed among different employees within the company as long as the said employees have a valid Benefit.X Corporate Card.
eg. Company ABC has a credit limit of SGD 20,000, and has 3 employees with the cards. The administrator decides to allocate SGD 5,000 to Employee A, SGD 7,000 to Employee B, and SGD 8,000 to Employee C. All these adds up to SGD 20,000.
The card transaction limit is dependent on the amount of credit limit allocated to your card. In the example above, the transaction limit for Employee A would be SGD 5,000 since he only has that amount allocated by the aministrator.
*There is a limit of SGD 5,000 per transaction, SGD 7,000 per day and SGD 20,000 per month.