When the question mark (?) icon next to the available limit is clicked, Admin and Finance users can see a breakdown explaining how your available limit is calculated. Here's what each item means:
Cards Collateral Balance - The total amount you’ve topped up into your Cards Collateral Account. This amount determines your maximum Charge Card limit.
Processing - Transactions that have been authorised but are still pending final confirmation by the merchant. These transactions are not yet added to your “Due” amount. Look for transactions marked with a yellow clock icon to identify them.
Due - Transactions that have been completed by the merchant and are due for repayment. These are automatically paid using your Aspire Checking Account at 6:00 PM PST if Autopay is enabled.
For example, if you make a card transaction on May 1 and the merchant completes it on May 2, the charge will appear as due on May 2, not May 1.
Overdue - Transactions that were due but have not been repaid. Aspire will automatically deduct the amount from your Cards Collateral Account if the overdue amount is not repaid by 6:45 PM PST the following day.
Available Limit - The remaining amount you can spend, calculated as “Cards Collateral Balance - Processing - Due - Overdue”
This view helps you monitor your spending and stay on top of upcoming or missed repayments.
Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.
Aspire is a financial technology company, not a bank. Banking services are offered by Column N.A. (“Column”), Member FDIC.
The Aspire Secured Commercial Charge Card is issued by Column, N.A., Member FDIC, pursuant to a license from Mastercard. Approval is subject to eligibility. Payment of the account balance is due in full daily.