How to Increase Absa Credit and Debit Card Limit

Do you wish to learn how to increase your credit or debit card limit on Absa? This article is going to show you how to do it. Absa has millions of customers across South Africa. Like all the other banks in the country, Absa imposes limits on how much clients can transact per day and per month. As an example, they have a limit on how much you can withdraw in a single day from an ATM. You are here because you wish to increase that limit. The good news is that this can be done fairly quickly using the Absa app.

Absa credit card limit increase via the app

The following is how to increase your Absa credit and debit card limit on the app;

1. Log into the Absa app on your mobile device.
2. Click on Menu on the bottom of the screen. That’s the one represented by the three lines.
3. Next, click on Cards.
4. Choose the card whose limit you wish to change. This could be a credit or debit card.
5. Next, click on Card Transaction Limits.
6. Change the limit. You can see that you have the option to change the ATM withdrawal limit as well as the POS daily limit.
7. When done, click on the Save button.
8. Accept the verification request.

Alternatives

You can also increase your credit card limit on Absa via online banking. If you have not signed up for this, then it’s high time to get started. It’s also possible to increase your limit by visiting your nearest Absa branch. They will be able to help you in there.

Why are card limits necessary?

That’s how to increase your Absa credit card limit. But why are there limits of card transactions in the first place? Limits are placed by banks as a way of managing the flow of money.

To illustrate, a bank only keeps a small amount of it’s money as cash. So, they need to manage how that is given to customers at an ATM. Otherwise, there will be issues.

Another reason for imposing credit and debit card limits is for security purposes. Let’s assume that thieves have stolen your card and gotten hold of your PIN. It pays to ensure that they are not able to withdraw everything that’s in your account in one go.

So, if your card has a limit of say R1500 cash withdrawal per day, then that’s what you will lose. Assuming that you have signed up to get Absa SMS notifications on your phone and on your app, you will then be able to quickly take steps to block the card.

Why increase your Absa credit card limit?

In this article, we showed you how to increase your Absa bank card limit. Limits are necessary, so why would you want to increase yours?

People usually do this when they need to withdraw more money that previously envisioned. Perhaps there is something that you need to pay for. You may also wish to increase your limit if you need to do a POS transaction that’s above the limit.

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