I want to issue physical cards to 2 employees, but I need them to to have to share one spend limit. If I create a shared spend program where the monthly spend is 15k and I issue physical cards to these new employees will they each have a spend limit of 15K or will do all the cards attached to the spend program cumulatively have a spend limit of 15k?
Can I add a current card holder’s physical card to the spend program?
Or completely different approach, I make the current card holder’s card a shared card, can the employee it is shared with get their own physical card? Can they only be issued virtual cards with this approach?
Hi Bailey - thank you for the questions! I will answer them individually
The overall limit would be 15k – any cards of the shared limit could spend up to that amount (in total). However,it’ss not strictly $5k for person A, $5k for person B, and $5k for person C – but whatever combination of spending adding up to $15k (if person A spends $10k and person B spends $2k, person C would only be left with $3k).
The card owner can grant other users access to these funds without additional approval. Each shared user receives a unique card number, inheriting owner’ cards restrictions and coding. Learn more here↗
Every physical card is linked to a virtual card. The most straightforward solution here would be to make a new virtual card through the program → the user can link that to their physical card. This way, you can track their transactions against the spend program.
Any virtual card can be linked to a physical card - if a user doesn’t have a physical card, you can issue them a new one and link it to the spend program.
Okay I feel like I’ve set this up incorrectly. I set up a spend program with a limit of 15k for our Guest Service Staff. There are 3 people who each have physical card linked to the spend program. When I look at each person though it looks like they have a spend limit of 15k each, but we want them to share one limit.