Credit Limit
Your company's credit limit is the amount your account can spend within a statement period. This limit is dynamic by design and is regularly adjusted by Investar Bank according to your spending patterns and cash balances. You can request an increase in this limit only once every 4 months, and it is subject to review and approval.
Department Limit
The department limit is the maximum amount a department can spend. It is set to control the collective amount spent by users within a department. An account admin can adjust this limit at any time via the app.
User Limit
The user limit is the spending limit set for each user in a Department. This determines the maximum amount a user can spend in a statement period. All users in a department share the Department Limit, meaning the sum of all users' limits cannot exceed the set Department Limit.
Card Limit
The card limit is the maximum amount that can be charged or spent on a user's physical or virtual card. The Admin determines the card limit for each user card, which should be lower than the user limit. The card limit helps control spending on a specific card and can be adjusted by a designated company Admin user.