Soldo Guides

Smarter business spending starts here

Everything you need to know about managing spend within your business

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Can I cancel Soldo if it is not suitable for my company?

Of course. We are confident that, like the tens of thousands of customers who have already chosen us, you will be satisfied with our product. However, if this is not the case, you can close your account at any time and of course all the funds available in your account will be refunded – transferred to the original account.

Are there limits or other fees?

You can discover all Soldo fees here and standard limits here.

Are there limits on card purchases and cash machine withdrawals?

Yes, but only as an extra measure to safeguard your funds. We tailor these limits to your own unique profile, to make sure they never prevent your team from buying what they need. You can see our baseline limits for each card below:

Maximum value for one purchase

  • Per transaction: £10,000
  • Per day: £20,000
  • Per calendar month: £75,000

Maximum no. of purchases

  • Per transaction: N/A
  • Per day: 100
  • Per calendar month: 3,000

Maximum cash machine withdrawal

  • Per transaction: £200
  • Per day: £1,500
  • Per calendar month: £5,000

Maximum no. of cash machine withdrawals

  • Per transaction: N/A
  • Per day: 8
  • Per calendar month: 25
Are there additional fees?

Soldo Financial Services Ltd fees are available here, and typical limits are available here.

Can I use my company card for personal use?

There are no laws against using a company credit card for personal payments, but there are several reasons why you probably want to avoid doing it. The main one being that most credit card providers don’t permit personal use in their terms, so they might block future activity.

Business bank accounts are intended to keep company expenses separate from personal spending. Using a company credit card to buy something for yourself undermines that.

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Everything you need for effortless spend management