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The application form is asking for a spend limit. How do I decide on a spend limit?
The application form is asking for a spend limit. How do I decide on a spend limit?
L
Written by Lenna Saeidzadeh
Updated over a week ago

You can calculate your spend limit with the following formula:

1. $ weekly fuel & oil + $ other purchases (any additional purchases such as tyres, service or repairs, etc.) = $ total amount

THEN

2. $ total amount X number of cards X 5 weeks = $ total limit

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