Capitec is a popular South African bank that offers a variety of digital banking solutions, including their mobile app. One of the features of the Capitec app is a daily transaction limit, which is in place to protect your account from fraud and unauthorized transactions. However, there may be times when you need to increase your daily limit to make a larger purchase or transfer. Here's how to change your daily limit on the Capitec app:
Step 1: Open the Capitec App
The first step is to ensure that you have the latest version of the Capitec app downloaded on your device. Open the app and log in using your credentials. You will be taken to the dashboard, which is where you can access all the features of the app.
Step 2: Go to 'Settings'
On the dashboard, select the 'Settings' tab, which is usually located at the bottom of the screen. You will be taken to a page that lists all the settings available on the app.
Step 3: Click on 'Payments'
From the Settings page, select the 'Payments' tab. This tab will allow you to manage your daily limit and other payment-related settings.
Step 4: Choose 'Payment Limits'
Once you're on the Payments page, choose the 'Payment Limits' option. Here, you will see your current daily limit and can increase or decrease it as needed.
Step 5: Change Your Daily Limit
Click on the 'Daily Limit' option, and you will be taken to a page where you can change your daily limit. Based on your requirements, select the amount that you'd like your daily limit increased to. You can choose from different amounts such as R10,000 or R50,000, depending on your needs. Once you've selected your new daily limit, click on the 'Confirm' button.
Step 6: Authenticate the Change
As an added measure of security, the app will ask you to authenticate the change. This involves confirming your identity by entering your PIN or using biometric authentication such as Touch ID or Face ID, depending on the device you're using. Once you've authenticated, your new daily limit will be set.
Conclusion
Changing your daily limit on the Capitec app is a simple process that can be completed in a matter of minutes. It's important to remember that your daily limit is in place to protect your account, so only increase it if it's absolutely necessary. By following these steps, you can manage your daily limit on the go and enjoy the convenience of mobile banking with Capitec.
