Each day, you’ll be able to spend however much you have deposited in your Slash Cash Account, up to your credit limit. Your Credit limit, that is the maximum amount of money you can spend in a given day, can be found on the Credit Account page accessible through your dashboard.

For example, if you have a credit limit of $250,000 and $1MM in your Cash Account, you’ll be able to spend at most $250,000 per day. At the end of the day, you can pay off your card spend by transferring funds from an external account of your choice.

If you don’t pay off your balance by the end of the day, Column will use money in your Collateral Account to pay off your balance. You cannot use your Slash Platinum Card to spend more than your credit limit in a given day, no matter how much you have deposited in your Cash Account.

Your Slash Platinum account is made up of Cash and Credit Accounts. The Cash Account represents the combined funds held in your Transactional and Collateral Accounts, shown above, and allows you to send and receive money and secure your card spend in a given day. Every time you spend at a merchant using the Slash Platinum Card, your available credit limit and cash account balance goes down. At the end of the day, you can pay off your card as described above.