GTBank now increases international spending limits on Naira MasterCard

GTBank has recently made an upward review of international spending limits on their Naira MasterCard when used to withdraw outside Nigeria or when used for online payments. Including the GTBank virtual MasterCard for safe online shopping introduced recently by the bank.

GTBank official logo

We can recall late last year, there was a $1000 withdrawal limited placed by GTBank on their customers (who want to use their Naira MasterCard to withdraw money or make payments in dollars) due to the non availability of dollar currency.

Also Read: How to buy airtime via GTBank top-up service for free

Now a little diversification and improvement in the economy has loosen the tight grip a bit making GTBank increase the total international spending limit by 100%. A mail i received from the bank stated thus:

Dear Customer,

Upward Review of The International Spending Limit on Your Naira MasterCard.

We write to inform you of the monthly spending limits currently applicable when using your GTBank Naira MasterCard for international cash withdrawals via ATMs and International payments via POS and online. Please see details below:
Previous Monthly Limit: $1,000
New Monthly Limit: $2,000
All applicable to POS, Online and ATM cash withdrawal.

But note that, the ATM cash withdrawal limit applicable on your Naira MasterCard is $300 daily (Subject to a maximum monthly limits of $2,000.) Thank you for banking with us.

Also Read: How to phone money transfer via GTBank

Well at least that is good news for those who pay huge to get traffic from Facebook Ads to their website. You can now increase your monthly spending budget to get more reach.