August 2016: GTB Review of The International Spending Limit on Your Naira MasterCard

GTBank has recently made a review to the spendings using Naira MasterCard for her customers for International cash withdrawals via ATMs and International payments via POS and online.. This review also Include the GTBank virtual MasterCard for safe online shopping introduced by the bank.

In a message to its customers Today, Guaranty Trust Bank said the new limits for both spending using their Naira MasterCard and cash withdrawal is $1000 per month.

In line with the review, which takes immediate effect, users of the Naira MasterCard have been advised to limit their spending to only $1000 per month, which equals $12,000 per annum.

On ATM cash withdrawals, the bank said the new limit was $300. (subject to a maximum monthly limit of $1,000).

Below is the exact message received via Email:

Dear Customer, 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:

Channels
Previous Monthly Limit
New Monthly Limit

POS, Online and ATM Cash Withdrawal
$2,000
$1,000

Kindly note the ATM cash withdrawal limit applicable on your Naira MasterCard is $300 daily (subject to a maximum monthly limit of $1,000).