Funding your Float Charge Card

If you are using a Float Charge card product, you can continue to load funds on top of your charge card limit to maximize your spending power.

For example, the customer below has $2,320.91 loaded in prepaid funds and $4,070.39 in Available Float, which together gives them spending power of $6,391.30 ($2,320.91 + 4,070.39)

In order to overfund your Float balance, all you have to do is initiate a topup on top of your existing charge card limit. You can do that by pressing the "Make Payment" button in the top right of your funding page

If you set up your accounting software for the charge card, your Float clearing account in your accounting software should appear as a "Credit Card".

In order to correctly record your additional prepaid balance in Float (overfunded amount), you have to record the bank transfer to Float in your Bank Feed as a transfer to the "Credit Card" clearing account that you created for Float Charge Card.

Note: since you are overfunding the Float account in your accounting software, your Clearing account balance may appear negative for a short period of time. That's expected and once transactions are exported from Float and are added against your creating balance, the negative balance will disappear.