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The maximum fee you can be charged for exceeding your credit limit. However, for consumer and student credit cards such a fee cannot be charged unless you have previously told your credit card company that you want it to approve transactions that will take you over your credit limit.
For small business credit cards, if you spend over your credit limit, you will usually get an 'Overlimit Fee'. You do not have the option to opt-in like you do with general consumer credit cards, though most major credit card companies will allow you to opt-out.
Sometimes, overlimit fees are tiered. When they are, we recommend that you just focus on the 'Maximum Overlimit Fee.'
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