What are the card limits?
Classic card: ₦500,000 daily POS/ATM, ₦1,000,000 online. Premium card: ₦2,000,000 daily POS/ATM, ₦5,000,000 online. Limits can be customized in the ap...
Last updated August 5, 2026
Card limits depend on your card type and can be customised in the app.
Default limits
| Card type | POS/ATM daily | Online daily | Per transaction |
|-----------|--------------|-------------|----------------|
| Classic | ₦500,000 | ₦1,000,000 | ₦500,000 |
| Premium | ₦2,000,000 | ₦5,000,000 | ₦2,000,000 |
| Virtual | Custom | Custom | Custom |
How to change your limits
- Open the app and go to Cards.
- Select the card you want to modify.
- Tap Card Limits.
- Adjust the daily POS/ATM limit and online limit.
- Confirm with your PIN.
ATM withdrawal limits
- Minimum per withdrawal: ₦100
- Maximum per withdrawal: ₦100,000 (ATM dependent)
- Daily limit: Same as POS/ATM limit above
Tips
- Lower your limits if you want better control over spending.
- Raise your limits before making a large purchase.
- Virtual cards can have very low limits for trial subscriptions.
Tip: If you need higher limits than the default allows, contact support at hello@cashmatrix.ng.
Need a hand? Email hello@cashmatrix.ng.