Introduction to Card Limits

Card velocity limits, also known as limit groups, restrict the frequency and/or amount at which a card can be used for transactions such as point of sale, contactless, ATM withdrawals and ecommerce. These limits help manage and control the usage of the card to prevent excessive or unauthorized transactions.

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Note

The Limit Group assigned to the Card and the Limit Group assigned to the Card Product at Thredd must be same. If the card’s Limit Group is different from the product’s Limit Group, the product’s Limit Group would be considered for limits check by Thredd. To avoid this, use the Set Card Limits endpoint to set card limits instead of assigning a different limit group to the card.

Setting up Card Limits at a Product Level

To set up card velocity limits at card product level, you would configure these within your card program settings. These limits can be tailored to restrict the frequency and amount of transactions, ensuring better control over card usage. These limits are listed on your Product Setup Form (PSF) and then configured by your Implementation Manager for your programme on the Thredd Platform.

Linking a card to a Card Limit Group

When creating the card record, the card will automatically be linked to the card product (cardProduct field) you specified in your request (and the card usage groups for that product). See Creating a Card.

You can use the Update Card Control Groups API to change the card control groups linked to a specified card. See Managing Card Control Groups.

Viewing Card Limits (Product Level)

The Get Limits API enables you to view the card limits set at a product level. These are generic card limits that apply to all cards associated with this product. See Get Card Limits (Product Level).

Setting Card Limits (Card Level)

The Set Card Limits API enables you to set the card limits for a specific card. These card-level limits will override the generic card limits for the card product. See Set Card Limits (Card Level).

Viewing Card Limits (Card Level)

The Get Card Limits API enables you to view the override card limits set for a specific card (which were set using the Set Card Limits API). See Get Card Limits (Card Level).