However, like most financial services, Cash App comes with ATM withdrawal limits to ensure security and prevent fraud. These ATM withdrawal limits can vary depending on your account type, verification status, and certain other factors. If you are someone who frequently uses Cash App for ATM withdrawals, understanding these limits and how to manage them effectively is crucial.
What is the Cash App ATM Withdrawal Limit?
The Cash App ATM withdrawal limit refers to the maximum amount of money you can withdraw from ATMs using your Cash App card. This limit is determined by several factors, including whether your Cash App account is verified, your transaction history, and whether you’ve made any adjustments to your Cash App ATM limit.
Cash App’s ATM withdrawal limit is not fixed; it can be different for various users depending on the specifics of their account. If you’re planning to make larger withdrawals or need more access to cash, knowing how the Cash App ATM withdrawal limit per day and Cash App ATM withdrawal limit per week works is important.
Cash App ATM Withdrawal Limit for Unverified Accounts: For users who haven’t verified their Cash App account, the ATM withdrawal limit on Cash App is set at $250 per day. This is the maximum amount you can withdraw from an ATM using your Cash App card without completing the verification process. Additionally, you can make up to $1,000 in total transactions per month with an unverified account.
Cash App ATM Withdrawal Limit for Verified Accounts: Once you verify your account, Cash App increases the ATM withdrawal limit significantly. The Cash App ATM withdrawal limit per day for verified users is $1,000, and the weekly withdrawal limit increases to $1,250. Verification typically involves providing your full name, date of birth, and the last four digits of your Social Security number (SSN). You may also need to upload a government-issued ID to confirm your identity.
How to Check Your Cash App ATM Withdrawal Limit?
To make sure you’re aware of your Cash App ATM limit, you can easily check it through the app. Here’s how:
- Open the Cash App on your phone.
- Tap the profile icon (top-left corner) to access your account settings.
- Scroll down to the "Limits" section. Here, you’ll find your Cash App ATM withdrawal limit per day, weekly withdrawal limit, and any other associated transaction limits.
- If you’ve recently verified your account or made any changes to your withdrawal settings, make sure to review these limits to stay updated.
How to Increase Your Cash App ATM Withdrawal Limit?
While Cash App ATM withdrawal limits are set by default, they can be increased, especially after account verification. However, if you're looking to increase Cash App ATM withdrawal limit beyond the standard amount, there are a few things you can do:
1. Complete Your Account Verification
The most straightforward way to increase your Cash App ATM withdrawal limit is to verify your account. Verification is a simple process, but it does require you to submit your personal information and possibly upload an identification document.
To verify your account:
Go to your profile in Cash App.
Select “Personal” and input the necessary information, such as your full name, date of birth, and the last four digits of your SSN.
Upload your ID for further verification (Cash App will prompt you for this).
Once completed, your account will be verified, and your ATM withdrawal limit per day will increase to $1,000.
Cash App ATM Withdrawal Limit vs. Cash Card Spending Limit
It’s important to note that while the Cash App ATM withdrawal limit pertains to how much cash you can take out of an ATM, there is a separate limit for how much you can spend using your Cash Card. The Cash Card spending limit is typically $7,000 per day, which is the maximum you can spend on purchases (whether in-store or online).
While both limits are different, they are important to keep in mind when managing your Cash App account. Be sure to plan your withdrawals and purchases accordingly to avoid hitting any limits unexpectedly.
Conclusion
Understanding your Cash App ATM withdrawal limit is crucial for managing your finances effectively. Whether you’re withdrawing cash for daily expenses or larger transactions, knowing how the ATM withdrawal limits work—both on a daily and weekly basis—helps you avoid unexpected interruptions.
FAQs About Cash App ATM Withdrawal Limit
1. What is the Cash App ATM withdrawal limit per day?
The Cash App ATM withdrawal limit per day for verified users is $1,000. For unverified accounts, the limit is typically $250 per day.
2. Can I withdraw more than $1,000 from an ATM using Cash App?
No, Cash App ATM withdrawal limit for verified accounts is capped at $1,000 per day. If you need to withdraw more, you will have to wait for the next day or use another method.
3. How can I increase my Cash App ATM withdrawal limit?
To increase your Cash App ATM withdrawal limit, you need to verify your account. This process involves submitting your personal information and uploading a valid ID. Once verified, your daily ATM withdrawal limit increases to $1,000.
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, typically ranging from $1 to $5.
5. What is the Cash App ATM withdrawal limit per week?
The Cash App ATM withdrawal limit per week for verified users is $1,250. This is the total amount you can withdraw from ATMs using your Cash App card within a 7-day period.
