Do you use Capitec Bank's mobile app to manage your finances? If yes, sometimes you may find yourself in a situation where you need to change the limit on the app. This limit adjustment could be for transferring or receiving funds, making online purchases or enabling international transactions. In this article, we will guide you through the steps to change limits on the Capitec app.
Step 1: Open the Capitec app
The first step is to open the Capitec app on your mobile device. If you haven't already downloaded the app, you can find it in your device's app store. Once you have the app installed, log in to your account by entering your username and password or using biometric authentication.
Once you have logged in, navigate to the menu by clicking on the three lines on the top left corner of the screen. This will open the main menu.
Step 3: Select "Cards"
In the main menu, scroll down to find the "Cards" option and click on it. This will take you to the "Manage cards" screen.
Step 4: Select the card you want to update limits for
On the "Manage cards" screen, you will see all the Capitec cards linked to your account. Choose the card which requires the limit change and click on it.
Step 5: Choose "Change Payment Limits"
Click on the "Change Payment Limits" option under the card details section.
Step 6: Enter the new limit
You will now be prompted to input the new limit you want to set for the selected card. Make sure to double-check that you have entered the right values. Once you are satisfied with the new limit, click on "Save" to apply your changes.
Step 7: Verify changes
After saving, you will receive a confirmation message of your new payment limit. To ensure the changes have been applied, try to make a transaction below the new limit amount.
Note:
It is important to remember that the transaction limits on online purchases and ATM withdrawals may differ from the payment limit you just updated. If you want to change these limits, you will need to follow a separate set of instructions. It is always good practice to keep your payment limits secure and not share them with anyone.
Conclusion
With the Capitec app, changing your payment limits is a straightforward process. By following these simple steps, you can update your limits in no time. Remember to keep your transaction limits secure and stay within your means. In case of any issues, you can always contact Capitec's customer support for assistance.