Fees and limits
Every charge, written down before you pay it
Fees are previewed on the confirmation screen of every transaction. This page is the published reference.
Transaction fees
| Channel | Fee | Notes |
|---|---|---|
| Card deposit | 1.5% + ₦100 | Capped at ₦2,000 per transaction |
| Bank transfer deposit | Free | Settles when the provider confirms |
| USSD deposit | ₦50 flat | Provider charges may apply separately |
| Mobile money deposit | 1.0% | No cap |
| Bank withdrawal | ₦75 flat | Deducted from the withdrawn amount |
| Failed withdrawal reversal | Free | Returned to available balance |
Verification tiers
Tier 0 — Registered
- Deposits up to ₦50,000 / day
- Withdrawals locked
- Reward cycles unavailable
Tier 1 — Verified
- Deposits up to ₦500,000 / day
- Withdrawals up to ₦200,000 / day
- Reward cycles enabled
Tier 2 — Enhanced
- Deposits up to ₦5,000,000 / day
- Withdrawals up to ₦2,000,000 / day
- Higher cycle caps
Reward cycle rates and caps are published per cycle inside the app before you join. Rates are never changed after a cycle has started. FinWallet does not offer guaranteed returns.