Virtual cards are a smart way to manage your spending with flexibility and control. Here are a few tips to help you get the most out of them:
One virtual card for each recurring bill
We recommend creating a separate virtual card for every vendor that charges you every month.
For example, if you pay monthly for services like Microsoft 365, Google Workspace, Facebook Ads, or QuickBooks Online, get a unique virtual card for each one. With vendor-specific cards, you can:
- Set Monthly Budget: Prevent unexpected overcharges by establishing a spending cap for each vendor.
- Isolate Risks: If a vendor’s website is compromised, you can lock (freeze) just that card. Simply create a new one and update your payment info—much easier than replacing your main credit card at every single vendor where you make purchases. You’ll save A LOT of time and energy.
Empowered team spending
Create virtual cards for your team members based on expense types such as:
- Lunch stipend
- Sales activities
- Marketing budgets
- Training expenses
This targeted allocation simplifies monitoring and controlling expenses (especially if combined with Card Monthly Budget) while empowering your team with the funds they need—without risking overspending.
The best part?
Virtual cards are activated immediately upon creation (provided your primary physical card is activated). This means you can quickly implement spending controls and start using virtual cards without delay