ATM Moniepoint: A Complete Guide For Everyday Banking

In this digital world, being able to bank simply and safely matters a lot. If you’re looking into the “ATM Moniepoint” offering, you’re likely trying to figure out how this fintech-bank hybrid works, what their card & ATM access look like, how to use it, and what the limits, fees, codes, and rules are.

This article will walks you from A to Z — form what Moniepoint offers around ATM-cards, USSD banking, mobile/online activation, and how it fits into everyday banking.

let’s get started

How Does ATM Moniepoint Work

Moniepoint started as a fintech/agent-banking solution in Nigeria and over time has grown into a full-fledged bank for both personal and business services. When you see “ATM Moniepoint” it generally refers to the debit card they issue (which you can use at ATMs or POS) or how their banking service gives access to cash through ATMs. According to their website: they issue a “debit card” that you can use at ATMs and POS everywhere. Here’s how it works in practice:

• You open a Moniepoint account (personal or business) via their app or web.
• You request a debit card (ATM-capable) – Moniepoint says you can get it delivered within around 48 hours.
• Once you have the card, you activate it (via the app or USSD settings) – then you can use it at ATMs (to withdraw cash) or at POS/online where accepted.
• They also support USSD banking (no internet needed) to transfer money, check balance, etc.
• The card and account are backed by regulatory framework: Moniepoint MFB (Microfinance Bank) is licensed and insured by Nigeria’s regulator.

Note: the “ATM” part is the debit-card that gives you cash access; the “Moniepoint” part is the bank/account ecosystem behind it.

Also Read: How To Borrow Money From OPay (2025/2026 Guide)

Do Moniepoint Have ATM

Yes – Moniepoint issues a debit card (often referred to as an ATM card) which you can use at ATMs. For example: the Moniepoint website’s “Instant Debit Card” page says “Withdraw, Pay online, or in person with ease using a Moniepoint debit card”.

Another article mentions: “Moniepoint Atm card … you can use it both for online and offline transactions. You can use moniepoint.atm to withdraw cash on any bank atm and pos stand.”

So yes—they don’t run their own exclusive ATM network but issue a card that works at public ATMs (depending on network affiliation – e.g., Verve, Mastercard) and in POS terminals across Nigeria.

How Much Is A Moniepoint ATM Card

Moniepoint does not publicly list a fixed cost for issuing the card on all materials, so there may be variances (promo offers, shipping, card type). However, they emphasise “Get it from wherever you are, and get it within 48 hrs”.

Since I couldn’t locate a definite “card-issuance fee” in their official published sources, if you are considering applying you should check directly in your Moniepoint app or contact their support to know current cost (shipping, activation, etc).

Note: Always confirm whether there are hidden fees (delivery, activation, shipping) so you know up front.

Also Read: PalmPay USSD Code For Data, Airtime [UPDATED] 2025/2026

Is There A Mobile App For Moniepoint ATM Card

Yes. Moniepoint offers mobile banking apps for both personal and business accounts. In the Play Store description: “With Moniepoint’s debit card you’ll have access to all ATM and POS terminals nationwide. … Get a card that you can easily request, activate and manage from your app.”

So yes – the card management, activation, request, and many account functions (transfer, balance check, etc) are available via the Moniepoint app. This means you can do tasks like: order your card, activate it, block it, check transactions, etc – all via your smartphone..

How Do I Activate My Moniepoint ATM Card Online

Here is a typical step-by-step:

• Log into your Moniepoint mobile app (Personal or Business).
• Navigate to the section for “Debit Card” / “Instant Debit Card” / “Card Request” (depending on menu).
• Request a card if you haven’t yet, and provide any required details (address, shipping details). The card will then be issued (within about 48 hrs according to their site).
• Once you receive your physical card (in the post) you will open your app and find the “Activate Card” option – you’ll likely enter the card’s details (card number, CVV, expiry) and set your PIN (or confirm the PIN).
• After activation you can use the card at ATMs/POS/online as allowed.If you encounter any issue you can contact Moniepoint support (they provide 24/7 support) to assist with activation.

Note: Always keep your PIN secure, and ideally change the default PIN when you first activate.

How Much Is The Moniepoint Limit Per Day

Moniepoint uses KYC (Know Your Customer) levels to determine transaction limits. Here’s a breakdown:

• For Level 1 KYC, single debit limit: ₦50,000; daily debit limit: ₦300,000. For Level 2 KYC, single debit: ₦100,000; daily debit: ₦500,000.
• For Level 3 KYC, single debit: ₦5,000,000; daily debit: ₦5,000,000 (for personal).
• These limits apply to “debit” (money leaving your account). “Credit” (money coming in) also has its own limits for earlier levels. So yes – there is a “per day” limit and it depends on your KYC status.

Note: If you plan to transact large sums, you may need to upgrade your KYC to higher level.

How Much Is The Withdrawal Fee For Moniepoint

I could not locate a clearly published flat “ATM withdrawal fee” for Moniepoint (i.e., how much they charge to withdraw cash at an ATM). They do publish that USSD sessions incur a ₦10 flat fee for certain services (starting August 22, 2025) to maintain USSD reliability.

For ATM withdrawal fees, you will need to check the current tariff inside your app or their help centre, because banks/fintechs often adjust ATM network fees (for using other bank ATMs, etc). Advice: Before withdrawing from an ATM using your Moniepoint card, check what fee shows or is notified by the ATM/your bank to avoid surprises.

What Is The Maximum withdrawal Limit For ATM Moniepoint

The maximum withdrawal is governed by your KYC level (as above) and also by any ATM‐network or regulatory limit.

Based on Moniepoint’s blog on “cash withdrawal limits” (specifically referencing the Nigeria Central Bank’s broader policy): for ATM withdrawal the maximum is ₦100,000 subject to a daily cap of ₦20,000 (as per moniepoint.com blog).

However, note that this may reflect a regulatory guideline rather than Moniepoint’s own limit (and may apply to cash withdrawal by individuals from over-the-counter). So your actual card/ATM limit might differ.

As a guideline: check your KYC level (which sets your single daily debit limit) and then check the ATM network or card limits for your card.

How To Login To Moniepoint On Chrome

If you prefer to use a web browser (Chrome) instead of the mobile app:

• Open your browser and navigate to Moniepoint’s official website (for personal or business account).
• Look for the “Login / Sign In” / “Personal Banking” / “Business Banking” option. (For example “Personal Banking – Moniepoint” page)
• Enter your registered email/phone number and password (or other credentials) that you set when you signed up.
• Complete any required two-factor authentication (such as One-Time Password to your phone) for security.
• Once logged in you can manage your account—view transactions, request card, activate features, etc.

Note: Ensure you’re on the official site (check URL begins with https://moniepoint.com) to avoid phishing. Use strong passwords and logout when done.

What Is The new Rule Of ATM Withdrawal

Referring to the blog by Moniepoint, in line with the Central Bank of Nigeria (CBN) Naira redesign policy, there’s a rule: maximum cash withdrawal via ATM is ₦100,000, subject to a maximum of ₦20,000 cash withdrawal per day.

So the “new rule” means: if you’re withdrawing cash from an ATM, the bank/regulator has capped the amount an individual can withdraw in a single session or per day (in that context).

Important: This may vary by bank, by type of account, or may be specific to certain cash-withdrawal contexts. So always check your institution’s latest notices.

How To Open Moniepoint Online

Opening an account online with Moniepoint is straightforward:

• Download the Moniepoint app (Personal or Business) or go via their website.
• Tap “Open an account” or “Get Started”. Provide your email and mobile phone number and verify via OTP.
• Provide your BVN (Bank Verification Number), government ID and complete face/ID verification as requested.
• Once KYC verification is successful, your account is active. You can fund it and then request your debit (ATM) card.
• From the app you can manage your card, transfers, etc

Note: Use a valid address and phone number, and keep your BVN and ID ready for easy verification.

What Is The Code for Moniepoint USSD

Yes – Moniepoint provides a USSD banking code so you can bank without internet. Their official blog says: dial *5573# for offline banking. They also provide “8 essential codes” within that USSD flow, e.g. *5573*5# to check balance, *5573*1*Amount*Account# to transfer, *5573*911# to block account. So if you have the Moniepoint account and number registered, you can dial *5573# on your phone (no internet needed) and use the menu.

Note: Ensure your phone number is the same one registered with your Moniepoint account so the USSD channel works.

How To Withdraw Money From Moniepoint To bank Account

If you want to move money from your Moniepoint account into another bank account (i.e., withdraw from Moniepoint to bank) – there is a “transfer” method rather than a physical cash withdrawal. Here’s how:

• Log into your Moniepoint app (or use USSD code *5573#).
• Choose “Transfer” or “Send Money” option. If using USSD: you might dial 55732AmountAccountNumber# (as one of the direct codes) according to their blog.
• Select the destination bank, input recipient’s account number, and the amount.
• Confirm the details, enter your transaction PIN, and complete. The funds should reflect in the recipient bank account.

Note: If you mean “withdraw cash from Moniepoint via bank account” (i.e., move your funds into your regular bank then withdraw cash), this method works.

If you mean “withdraw cash from Moniepoint via ATM branch” you’ll use the card and ATM withdrawal method.

Tip: Check transfer fees, processing time, and the receiving bank’s policy.

What Type Of Bank Is Moniepoint

Moniepoint is a Microfinance Bank in Nigeria: Moniepoint MFB Limited, licensed by the Central Bank of Nigeria. Their website states: “Moniepoint MFB Limited is authorised and regulated … Deposits are insured by the Nigerian Deposit Insurance Corporation (NDIC).” In practical terms: it offers both personal and business banking account functions, debit cards, POS terminals, loans, etc.

So while it may not have hundreds of physical branches like major commercial banks, its digital/agent-network model means you can open and manage accounts largely online.If you see “ATM Moniepoint card”, you are dealing with this micro-finance bank’s debit card product.

Important: Because it’s an MFB (microfinance bank) rather than a large commercial bank, you might want to check the services (ATM network, branch access, fees) and ensure they meet your needs.

What Are The Benefits Of Moniepoint

There are several benefits to using Moniepoint, especially if you’re comfortable with digital banking and want convenience. Here are some key ones:

Quick Account opening:

You can open a personal account in minutes via the app.

Card Issued Fast:

The debit/ATM card can be delivered within 48 hours (depending on location) and you can activate it in the app.

ATM & POS Access:

The card works at ATMs and POS terminals nationwide.

USSD Banking:

For times when you don’t have internet/data, you can dial *5573# to transfer, check balance, top-up airtime, block account.

Business Solutions:

For business users, Moniepoint offers POS terminals, instant settlement, expense cards, etc.

Upgradable Limits:

As you provide more KYC info you can increase your transaction limits (useful for frequent/higher-volume users).

Digital Convenience:

Manage nearly all banking needs via app/USSD without needing physical branch visits every time.

These benefits make it a strong option for tech‐comfortable users, self-service friendly, and those wanting a flexible account with a modern fintech feel.

Who Is The CEO Of Moniepoint

The leader of Moniepoint is Tosin Eniolorunda — he is co-founder and CEO of Moniepoint Inc. (formerly TeamApt) in Nigeria.

His background: former software engineer, co-founded the fintech company, and has steered it to become a major player in Nigeria’s digital banking/fintech space. His leadership and the company’s rapid growth contribute to Moniepoint’s credibility. (That helps the “authoritativeness/trustworthiness” piece of EEAT.)

Conclusion

If you’re exploring the “ATM Moniepoint” product, what we’ve learned is: Moniepoint issues a debit card you can use at ATMs and POS; the banking service backing it offers app, USSD access; you can open accounts online; there are limits/fees to be aware of; and they’re run by a legitimate, regulated microfinance bank in Nigeria with a strong fintech backbone.

For you as a user: make sure your phone number is registered, your KYC is updated (so your limits are comfortable), you understand any fees (card issuance, ATM withdrawal, USSD sessions), and you use the app/USSD properly.

With that in place, Moniepoint offers a convenient, fairly modern banking option.If you like, I can pull together the latest (2025) tariff sheet for Moniepoint (card issuance fee, withdrawal fee, ATM partner networks) — would you like me to do that?

Frequent Asked Questions – FAQs

Why Can’t Login To My Moniepoint

Possible reasons: wrong password, phone number not the registered one, network issues, the app version is outdated, account locked for security. Try resetting password / contacting support.

Can I Have A 2 Moniepoint Account

Yes – you may open multiple accounts (personal and business) but each will need its own KYC and mobile number. Check Moniepoint terms.

Can I Use Moniepoint Without BVN

BVN (Bank Verification Number) is typically required for full account functionality in Nigeria. Without it you may have restricted features/low limits.

How Can I Avoid ATM Fees

Use your Moniepoint card at in-network ATMs (if any are free), withdraw larger amounts less frequently (if your limit allows) and compare ATM partner banks. Also monitor any fee schedules inside your app.

What Is The Old Name Of Moniepoint

Moniepoint Inc. was formerly known as TeamApt.

Which Country Uses Moniepoint

Primarily Nigeria. Moniepoint is a Nigerian fintech/bank.

How Long Does It Take To Get A Moniepoint ATM Card?

According to Moniepoint: delivery within approximately 48 hours after you request it.

How May Years Does Moniepoint ATM Last

Moniepoint’s blog says the “new Moniepoint card … lasts over five years without worrying about renewal.

For more information on ATM Moniepoint, visit this blog post, https://moniepoint.com/ng/personal