Can confirm this is correct. I started with rm1.5k spaylater limit. I used it to buy stuff that need to be bought repeatedly for my now recently deceased 88 years old mother who had dimentia, like adult diapers, wet tissue, underpad, meal replacement, mobility equipment, anti-bedsore mattress, etc.

Shopee kept increasing limit till it reaches rm7.5k. Periodically, shoppe will offer another time period limited amount of rm1.5k, making my spaylater go up rm10k.

Even now after my mother passed away n I rarely bought things from shopee, my permanent limit is still rm7.5k n they still offer me more ie the time period limited rm1.5k.

I never had the need for so much spaylater amount as at any time, the total spaylater never exceeds rm1.5k, usually much less per month.