Spending Limits

Is Quolum a credit card?

No. Quolum SaaS Card is a charge card. After the month ends, you are required to pay the outstanding balance in full. We pay all your billable SaaS expenses and give you a consolidated bill at the end of the month.

How do you arrive at my spending limit?

During the KYB process, we use your bank account's balance to arrive at a spending limit. We look at the balance a few times every month.

What is the spending limit on my card?

Login to the Quolum dashboard. Follow the navigation from Cards to My Card. You will see the spending limit on your card at the top of this section.

How can I change the spending limit on my card?

We assign a fixed spending limit on the card of each individual in the organization. This is based on the organization's connected bank account. To edit the limit an Organization Admin will need to login to the Quolum dashboard. Head to Cards --> All Cards --> click on the three dots button --> Edit Card Limit


Where can I see the spending limits for my organization?

If you are the business owner or admin, you can see it on the Quolum dashboard. Login and follow the Cards section towards "All Cards." The organizational spending limit is listed at the top of this screen.