P-card and T&E card spending limits

November 30, 2020

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Q. We’re implementing a P-card program and new T&E cards at the beginning of 2021. We are trying to make sure that we have the right card spending limits assigned to people. What are reasonable spend limits for T&E and P-cards, and how did you decide on those limits? Can you explain your process? Any help the Panel could provide would be appreciated. A. (Answered by the IOFM Advisory Panel) ----- P-cardAll of our PCards are issued with a $10K limit. If an individual needs a limit higher than…

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Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know. 
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