Glossary term
Over-Limit Opt-In
An over-limit opt-in is a one-time consent for the issuer to allow transactions beyond the assigned limit, in exchange for an over-limit fee.
Related terms
- Over-Limit Fee
A penalty for exceeding the credit limit.
- Over-Limit Fee Cap
Maximum fee for exceeding credit limit.
- Over-Limit Opt-Out
Declining consent for over-limit transactions.