Apple Card

Created at: 2021-03-08 18:11:25
Questioner General

How do I set a monthly spending limit?



Answer #1:

By: Logan Lubowitz

How do I set a monthly spending limit?



Answer #2:

By: Mckenna Ullrich

Hi, here are the steps,



How to set spending limits for Apple Card Family participants



  1. On your iPhone, open the Wallet app.
  2. Tap your Apple Card, then tap the more button .
  3. Tap the name of the participant that you want to set limits for.
  4. Tap Transaction Limit.
  5. Tap the amount that you want.

Note: there is no step 4, please disregard.



When a spending limit is set, the participant can't spend more than the specified transaction limit on an individual transaction. They can still spend up to the credit limit on the shared Apple Card account with multiple purchases, as long as each purchase is below the transaction limit. The account owner or co-owner can also lock a participant's spending or remove the participant from the shared Apple Card account.



Here is the link to the entire support article,



https://support.apple.com/en-us/HT212273



I hope this helps.