Exemplary embodiments provide methods and systems for configuring spending or credit limits for individual mobile devices for the same account, such as a credit card account. The spending limits may be configured by the primary account holder through a website or mobile application. A token id is set on the mobile device that corresponds to the account. The token id is unique for the individual mobile device During a mobile payment transaction, the token id is mapped back to the corresponding account and the available spending limit is evaluated with respect to the transaction. Based on this evaluation, an approval or denial for the transaction is generated.