Cash App is one of the most popular mobile payment services, offering users a convenient way to send, receive, and withdraw money. While its features are user-friendly, it is crucial to understand the fees and withdrawal limits that apply to Cash App transactions, especially when using ATMs or withdrawing to a bank account.

What is Cash App Debit Card Limit?

The Cash App Debit Card, also known as the Cash Card, is a free, customizable Visa debit card that allows users to make purchases or withdraw money from ATMs. However, there are limits set on how much can be spent or withdrawn daily, weekly, and monthly.

Cash App Debit Card Limits:

• Cash App Transaction Limit: $7,000 per transaction
• Cash App Daily Spending Limit: $7,000 per day
• Cash App Weekly Spending Limit: $10,000 per week
• Cash App Monthly Spending Limit: $25,000 per month

These limits apply to purchases made using the Cash Card online or at retail stores. If you need to exceed these limits, consider linking a bank account for larger transactions.

What is Cash App Daily Withdrawal Limit?

If you frequently use Cash App to withdraw money, it’s essential to know the daily withdrawal limit. Cash App enforces limits to ensure security and compliance with financial regulations.

Daily Withdrawal Limits on Cash App:

• Maximum ATM withdrawal limit: $1,000 per day
• Cashback at stores: Combined with ATM withdrawals, this limit cannot exceed $1,000 per day

If you reach this limit, you must wait until the next day before withdrawing additional funds.

What is the Cash App Withdrawal Limit at ATMs?

When using a Cash App Card at an ATM, there are specific restrictions on the amount you can withdraw in a given timeframe.

ATM Withdrawal Limits for Cash App:

• Cash App Daily Limit: $1,000 per day
• Cash App Weekly Limit: $1,000 per week
• Cash App Monthly Limit: $1,250 per month

Cash App charges a standard $2.50 fee per ATM withdrawal. However, if you receive at least $300 in direct deposits into your Cash App account per month, Cash App will reimburse ATM fees for up to three withdrawals per 31-day period.

What is the Daily Withdrawal Limit on Cash App?

The daily withdrawal limit applies to ATM transactions, cash back at retail stores, and peer-to-peer transfers. The maximum daily limit for withdrawing cash is capped at $1,000 per day.

To work around this limit, you can:

1. Use a linked bank account to transfer funds instead of withdrawing cash.
2. Split transactions over multiple days if you need to withdraw more than $1,000.
3. Consider alternative withdrawal methods like sending money to another Cash App user who can withdraw it on your behalf.

What is ATM Limit on Cash App?

Cash App restricts ATM withdrawals to prevent fraud and unauthorized access. Users must adhere to Cash App's ATM withdrawal limits, which are:

• Cash App Per transaction limit: Up to $310
• Cash App Daily ATM withdrawal limit: $1,000
• Cash App Weekly limit: $1,000
• Cash App Monthly ATM limit: $1,250

If you exceed the limit, you will need to wait until the following cycle (daily, weekly, or monthly) before making additional withdrawals.

How to Increase Cash App Withdrawal Limit?

If you need to withdraw more than the set limits, you can verify your identity with Cash App to increase your withdrawal and spending limits. Here’s how:

1. Open Cash App and go to your profile settings.
2. Verify your identity by providing your full name, date of birth, and the last four digits of your Social Security Number (SSN).
3. Wait for approval – This process usually takes up to 24-48 hours.

Once verified, you may qualify for increased limits on sending, receiving, and withdrawing money.

Cash App Fees for Withdrawals

Understanding Cash App fees is essential for managing your funds efficiently. Here’s what you need to know about fees associated with withdrawals:

• Cash App ATM Withdrawals: $2.50 per withdrawal (unless eligible for fee reimbursement)
• Instant Transfer to Bank: 0.5% to 1.75% fee per transfer (minimum $0.25)
• Standard Bank Transfer: Free (takes 1-3 business days)

To avoid fees, use the standard withdrawal option or maintain a minimum direct deposit of $300 per month to get ATM fee reimbursements.

Conclusion

Cash App provides a convenient way to manage transactions, but understanding the withdrawal limits and fees is crucial for effective money management. Whether you’re using a Cash App Debit Card, withdrawing from an ATM, or transferring funds to a bank account, being aware of the restrictions and charges can help you maximize your financial activities. By verifying your account, you can increase your withdrawal limits and enjoy a seamless experience with Cash App.