Question About Coinbase Limit

Hi, so I just made a Coinbase account 2 days ago, and verified my ID to give myself a weekly limit of $250 CAD from my credit card. Now under the "raise your limit", it says "Buy $248 of digital currency with this payment method". Does this mean exactly $248 in one purchase, or overall? Because I'd like to buy Bitcoin earlier than that to exchange it for altcoins, but if I need to save the money for one big purchase of $248, then buying before I get there will just keep my limit low.

Clarification on how this works would be really appreciated.

Thanks.

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