For many users, these Cash App withdrawal limits can sometimes feel restrictive, especially when it comes to large transactions or frequent ATM withdrawals. Whether you need to access more cash from your Cash App ATM or send a larger amount, understanding how the Cash App withdrawal limit works—and how to increase it—is key to making the most of your Cash App account.
What is the Cash App Withdrawal Limit?
The Cash App withdrawal limit refers to the maximum amount of money you can withdraw from Cash App accounts or ATMs within a specific period, typically daily or weekly. Cash App has different withdrawal limits based on account verification, which means unverified accounts are subject to lower limits compared to verified accounts.
In simple terms, Cash App withdrawal limits are designed to protect users against fraud, ensure compliance with regulatory standards, and mitigate risks. These limits can be broken down into daily and weekly categories for both ATM withdrawals and peer-to-peer (P2P) transactions.
1. Cash App ATM Withdrawal Limit
The Cash App ATM withdrawal limit is the amount you can withdraw from an ATM using your Cash App card. For unverified users, this limit is $250 per day. Once your account is verified, your Cash App ATM withdrawal limit increases to $1,000 per day. Additionally, there’s a weekly withdrawal limit of $1,250.
It’s important to note that Cash App also charges a $2 fee for each ATM withdrawal, in addition to any fees charged by the ATM operator.
2. Cash App Withdrawal Limit for Sending Money
For peer-to-peer transactions, the Cash App withdrawal limit per day refers to the maximum amount you can send or receive through the app. Unverified accounts can send up to $250 per week and receive up to $1,000 per month. However, after completing the account verification process, the Cash App withdrawal limit per day for sending money increases to $7,500 per day. Similarly, you can send up to $17,500 per month once your account is fully verified.
How to Increase Your Cash App Withdrawal Limit?
While Cash App withdrawal limits can feel restrictive, they are not set in stone. There are several ways you can increase your Cash App withdrawal limit, particularly when it comes to ATM withdrawals and sending money.
1. Verify Your Cash App Account
The most straightforward way to increase your Cash App withdrawal limit is by verifying your account. Account verification requires you to submit some personal details to Cash App, including
- Full Name
- Date of Birth
- Social Security Number (SSN)
- A photo of your government-issued ID (e.g., driver’s license or passport)
- Once you complete the verification process, your Cash App ATM withdrawal limit increases to $1,000 per day, and your daily sending limit jumps to $7,500. Verification typically takes just a few minutes, although Cash App may take longer depending on the volume of users and the accuracy of your information.
Cash App Withdrawal Limits vs. Other Platforms
When compared to other mobile payment services like PayPal, Venmo, or Zelle, Cash App’s withdrawal limits are relatively competitive. While these services often impose similar restrictions, Cash App offers a higher ATM withdrawal limit for verified users, with up to $1,000 per day. However, users should still be aware of potential fees and delays when withdrawing large amounts.
FAQs About Cash App Withdrawal Limits
1. What is the Cash App ATM withdrawal limit?
For verified accounts, the Cash App ATM limit is $1,000 per day and $1,250 per week. For unverified accounts, the limit is $250 per day.
2. How can I increase my Cash App withdrawal limit?
To increase Cash App withdrawal limit, you need to complete the verification process by submitting your personal details and a government-issued ID. This will raise your limits significantly.
3. What is the Cash App withdrawal limit per day for sending money?
For verified accounts, the Cash App withdrawal limit per day for sending money is $7,500. For unverified accounts, this limit is much lower at $250 per week.
4. Does Cash App charge fees for ATM withdrawals?
Yes, Cash App charges a $2 fee for each ATM withdrawal. Additionally, ATM operators may charge their own fees, which can vary.
6. Can I increase my Cash App withdrawal limit without verifying my account?
No, the only way to increase your Cash App withdrawal limit beyond the standard unverified limits is by completing the account verification process.
