Cash App lets you make transactions on the app, but it’s not without limits. Like all other banking or payment apps, there is a limit to how much money you can send or receive on Cash App.
If you need a payment processor for your business, you want to make sure it doesn’t hinder your business growth.
If you’ll like to know the Cash App limits before betting on it, this post is for you. Here, you’ll learn how much you can send or receive on Cash App per week and how you can increase the limits.
What Are Cash App Limits, Exactly?
Cash App limits are exactly like your standard banking limits. They are the restrictions imposed by Cash App to prevent fraud due to excessive transaction volumes.
Limits come in different kinds; some restrict how much you can receive to your account, and others control how much you can send out.
Fortunately, both of these limits are flexible. You can even remove the limits on how much you can receive.
Before I jump into how to increase your limits, let’s see what the limits are. Also, you’ll learn the factors that determine what your Cash App limits will be.
Cash App Transfer Limits
If you have a basic Cash App account, you can only transfer up to $250 over seven days. When you add it up, it brings the transfer limit per user per month to about $1,000, as confirmed on the Cash App website.
This restriction applies only to unverified accounts. When you successfully verify your account, you will get a significant increment in the transfer limits, with a new weekly limit of $7,500.
If you want to learn how to verify your account and unlock the new transfer potential, stick with me to outline all other Cash App limits.
Cash App Card Withdrawal Limits
This limit only applies to users with a functioning Cash App card. The withdrawal limit is how much you can withdraw from an ATM using your Cash Card over a specific period.
If you intend to withdraw from the ATM using your Cash App card, you can only withdraw up to $250 per day. However, you cannot withdraw more than $1,000 per week and $1,250 per month.
Also, it’s important to note that this is the limit for verified accounts, as you cannot even get a Cash App card without verifying your account in the first place.
How Much Can You Receive With Cash App?
It shouldn’t be surprising that unverified Cash App accounts also face limits regarding how much they can receive.
If you have a verified Cash App account, you can receive as much as you want. However, you don’t enjoy the limitless experience with an unverified account, as you can only receive $1,000 in 30 days.
If this doesn’t seem like a lot, it’s because it’s not a lot. To enjoy the limitless Cash App experience, you need a verified account.
How to Increase Your Cash App Limits
The restrictions associated with Cash App are enough to scare off anyone who needs it for serious business.
However, Cash App is one of the most widely used payment apps in the United States, and having the option to pay via Cash App is an added plus for your business.
Instead of sulking and finding an alternative, you can follow the following steps to dramatically increase your Cash App limits and unlock the full functionality of the payment app.
- Open the Cash App on your Android phone or iPhone and tap the Profile icon. The profile icon is represented by your profile picture or an egghead in the top right corner.
- From the resulting menu, select ‘Personal.’ The next screen will require you to input some information about yourself to verify your account.
Alternatively, you can attempt transferring above the Cash App transfer limit for an unverified account to get to the verification page.
- For Cash App to verify your identity and increase your limits, you’ll need to provide your name, social security number, and date of birth.
When you enter the required information and save it, the verification process will start. You may want to keep an eye on your email for the confirmation message after requesting verification.
Cash App currently doesn’t verify users that are below the age of 18.
What Are The Cash App Limits After Verification?
If there’s one thing you’ll take away from this post, it should be this: Cash App verification is well worth it.
When you verify your Cash App account, you will be able to send up to $7,500 per week. This increase is significant when you compare it to the $250 for unverified accounts.
This is even small compared to the fact that you can receive a limitless amount of money with a verified account.
Perspectively, unverified accounts can only receive $1,000 per month.
In addition to these benefits, verified Cash App accounts can apply for the Cash App card. The Cash App Card is a Visa debit card that you can use as your regular debit card.
Cash App does impose some hard limits when it comes to sending or receiving money, or both, especially for unverified accounts.
If you want to send more than the specified limits, you will need to verify your account.
Verifying your account is easy and free with Cash App, and it opens you up to a new world of features.
In short, there is only one way to get around Cash App limits: verifying your account.