Release
May 4, 2021

New Feature: Set Credit Usage Limits by Token

While a usage-based API like ours is great for flexibility, you’re probably also conscious about preventing accidental runaway consumption of your plan. We introduced new subscription management tools to make that even easier to do.

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IEX Cloud Team

https://iexcloud.io/community/blog/new-feature-set-credit-usage-limits-by-token
@iexcloud
https://iexcloud.io/community/blog/new-feature-set-credit-usage-limits-by-token
@iexcloud

While a usage-based API like ours is great for flexibility, you’re probably also conscious about preventing accidental runaway consumption of your plan.

We introduced new subscription management tools to make that even easier to do.

This week, we added the ability to set credit limits by token. This small but important feature is helpful for more closely managing how your plan is used, especially if you support multiple teams or applications out of one plan.

For instance, you can designate tokens to specific end users or apps, and then manage usage of your organization's plan by each individual user or team.

Or, if you only have one token, you can manage how many credits your account uses in a given month in one place. (Our legacy plans can also use credit budgets for this.)

Once your credit limit is hit, that token will cease to use credits and will stop returning data until the limit is changed or the next month begins.

Setting up a credit limit for your plan is easy – simply log into your account, navigate to the API Tokens tab, and select “Manage” next to the token of your choosing. Set your credit limit, and that’s it.

token-limit-screenshot


This means one less thing to worry about – so you can spend your brain power thinking more about the cool new application you’re building, and less about your data usage bills.

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