What are examples that will increase (or decrease) my credit limit?

by Cindy Lam | Oct 4, 2019

We conduct periodical reviews of our customers’ credit limits. You may also ask for a re-assessment by emailing us additional documents at contact@benefit.exchange.

Positive examples for your credit limit:
– Increased usage of the Benefit.X HRMS (claims, leave, payroll)
– Higher web presence (Official Company Website, Facebook, LinkedIn pages)
– Using the Benefit.X card for official business expenses
– Using the Benefit.X platform to pay salaries and invoices (additional fees apply)

Negative examples for your credit limit:
– Using the Benefit.X card for personal expenses
– Using the Benefit.X card to top-up other card avenues (eg. GrabPay card) would not be recorded as a business expense and thus not taken into account for scoring
– Incurring late fees on your corporate card
– Incurring interest charges on your corporate card