Is yours a personal account? As I understand it, personal accounts with high spending limits will see those limits drop if their ads face frequent rejections from Facebook.
Meta can lower the spending limit automatically even with a good payment history. I'd check Account Quality for any restrictions, then contact Meta support and ask them to review the limit. Sometimes it gets restored after a manual review
I have been working on that for three consecutive days, and the problem still hasn't been resolved.
No, that’s an ad account within Business Manager (BM), and I’ve been making regular payments—none of the transactions have been declined. Do you know any way to restore the daily spending limit to its previous level?
such a sudden change might seem rather irritating.in such a case i would look into ur payment history, rejected transactions, the quality of ur account nd any changes in ur ad account or payment option.if there was no problem with any of that i would send a request to custtomer support asking if the change was made due to some system issue or a review.
Facebook is currently implementing very strict updates; issues like this can occur with new accounts or payment methods that repeatedly encounter errors. You should verify your payment method to avoid service interruptions; Facebook will automatically raise your spending limit over the next few days if no irregularities are detected.
