Can You Pull Money Off Cash App Card?
Are you considering using your Cash App card to withdraw funds? If so, you might be wondering if it’s possible to pull money off the card. In this detailed guide, we’ll explore the various aspects of using your Cash App card for withdrawals, including fees, limits, and the process itself.
Understanding the Cash App Card
The Cash App card is a Visa debit card linked to your Cash App account. It allows you to make purchases, withdraw cash from ATMs, and even get cash back at select retailers. Before we dive into pulling money off the card, let’s understand its key features:
Feature | Description |
---|---|
Visa Debit Card | Acceptable at millions of locations worldwide |
Direct Deposit | Receive your paycheck, government benefits, or other direct deposits |
ATM Withdrawals | Withdraw cash from ATMs with a $2.50 fee per transaction |
Cash Back | Get cash back on eligible purchases at select retailers |
Now that we have a basic understanding of the Cash App card, let’s explore how to pull money off it.
Withdrawing Money from the Cash App Card
There are several ways to withdraw money from your Cash App card:
1. ATM Withdrawals
One of the most common methods to withdraw money from your Cash App card is through an ATM. Here’s how to do it:
- Locate an ATM that accepts Visa debit cards.
- Insert your Cash App card into the ATM.
- Enter your PIN.
- Choose the “Withdraw Cash” option.
- Enter the amount you wish to withdraw.
- Collect your cash and receipt.
Keep in mind that there is a $2.50 fee per ATM withdrawal, and some ATMs may charge additional fees.
2. Cash Back at Retailers
Another way to withdraw money from your Cash App card is by using the cash back feature at select retailers. Here’s how to do it:
- Make a purchase at a participating retailer.
- At checkout, choose the Cash App card as your payment method.
- Select the “Cash Back” option.
- Enter the amount you wish to withdraw.
- Complete your purchase.
Cash back is available in increments of $5, and there is no limit to the number of times you can use it per day.
3. Bank Transfers
You can also transfer money from your Cash App card to your bank account. Here’s how to do it:
- Open the Cash App on your smartphone.
- Tap the “Bank” tab at the bottom of the screen.
- Select “Transfer to Bank.”
- Enter the amount you wish to transfer.
- Choose your bank from the list.
- Enter your bank account details.
- Confirm the transfer.
This method typically takes 1-3 business days for the funds to be available in your bank account.
Understanding Withdrawal Limits
It’s important to be aware of the withdrawal limits associated with your Cash App card:
- ATM Withdrawals: The daily limit for ATM withdrawals is $300, and the monthly limit is $1,000.
- Cash Back: There is no limit to the amount of cash back you can receive per day, but it is subject to the retailer’s cash back policy.
- Bank Transfers: The daily limit for bank transfers is $250, and the monthly limit is $1,250.
These limits may vary depending on your