Facebooks Business account spend limit

mrcakes99

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  1. Is there a place in the BM that tells you what your account limit is?
  2. I just started a new business account after not running on facebook in years. Im only able to spend $50/day but FB allows me to set much higher budgets. How long does it take for FB to open the limit?
 
Not too experienced with facebook, but from what i've seen it's about a week and it will goes in levels.
first week $50 daily, second week up to $250 i think, third up to $500 etc.

don't quote me on that, but it's from what i remember doing beginning of the year
 
1. Make an ABO campaign. Set the budget to 2500 per day. It should tell you right below the budget area what the spending limit it.
2. 1-2 weeks depending on different factors. Don't let the card decline. Make a few campaigns that slightly exceed the spending limit.

- Worst case, just message FB chat support and ask for a budget increase. Ask for a weird number like $530 or $380. Not sure if that matters but I've always done that. Just play dumb when talking to support as if you know nothing about FB ads and can't understand why there is limit. Be super nice and appreciative.
 
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