Does Facebook still limit new accounts to an ad spend of $50 per day?

Asked 4 years ago

I have noticed that I have a limit on my Facebook ads account and I have read that Facebook used to limit new accounts to $50 per day but that they don't do this anymore. 
Why do I have a $50 limit on my daily ad spend?

Daily ad spend limit Account spending limits Facebook limits New business

Felix Dickerson

Thursday, November 05, 2020

I don't think that Facebook still limits the ad spend of new accounts. I would recommend that you have a look at your payment settings to see if you perhaps have an account spending limit set. 