Dear Valued Customer, 
Central Bank of Nigeria's (CBN) Review of Spending Limits on Naira MasterCard 
 
We write to inform you of the Central Bank of Nigeria's (CBN) decision to reduce the FX spending limit on Naira MasterCard from $150,000 to $50,000 per annum.

This means that you can spend up to $50,000 in a year using your GTBank Naira MasterCard when abroad (shopping online at foreign stores, ATMs and POS).

In addition, the daily cash withdrawal limit for the Naira MasterCard has also been reduced to $300 per day.

Please see below the new limits for both spending using your Naira MasterCard and cash withdrawal abroad:
 

  
FX Annual Spending Limit
Old Limit
  $150,000.00

New Limit
  $50,000.00 


ATM Cash Withdrawal Limit 
Old Limit
  $2,500.00

New Limit
  $300.00

Thank you for banking with us.

Got this info on my Email today. The fear of Buhari.