What is a pre-approved limit?

What are limits?

Every eligible Carbon user is granted a pre-approved spending limit with Carbon Zero. This limit is determined based on your credit history and represents the amount you can utilize through Carbon Zero. Please note that this limit varies among users based on their Tiers. Only customers on Tiers 5 & 6 have a Carbon Zero limit. Here is a breakdown of the limits:


Tiers

CZ Limit (NGN)

1

0 NGN

2

0 NGN

3

0 NGN

4

0 NGN

5

N250,000

6

N500,000


To access Carbon Zero, keep transacting and improve your tier level to be able to access and use it.

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    • How do I get a higher pre-approved limit?

      You can increase your pre-approved limit by making regular purchases and maintaining a healthy repayment history. Additionally, your spending limit may be influenced by how active your Carbon account is and your savings history with Carbon

    • What is Carbon Zero?

      Carbon Zero offers you the freedom to split your payments into four installments without any interest charges. This flexible payment option empowers you to shop and manage your expenses effortlessly. You can choose either weekly or monthly payment ...

    • Are there any hidden fees on Carbon Zero?

      Absolutely not! We take pride in our transparency. There are no hidden charges when you use Carbon Zero. You'll have a clear view of any costs before proceeding with your purchase

    • How can I increase my spending limit?

      To increase your spending limit, simply select the "improve spending limit" option in the app and link your bank statement.

    • Do I have to pay any interest on my Carbon Zero purchases?

      No, you won't be charged any interest on your purchases with Carbon Zero. You only need to pay a one-time 5% processing fee