Even though most people nowadays prefer to use their cards and no cash, there can be situations when you need cash. But what if the only card you have is from Cash App? You probably wonder if you can use the cash app at an ATM.
The answer to this question is yes. If you have a card from your Cash App, you will be able to withdraw money from the ATM. However, depending on the ATM you are using to withdraw cash, you will be charged between $3 and $5.
Cash app will charge you a $2.50 fee for any ATM withdrawal. However, if you make a monthly direct deposit on the Cash App of $300 or more, Cash App will give you reimbursement for three ATM withdrawals within a 31 days period.
How to Use Cash App on an ATM?
So you have loaded your Cash App balance with money, and now you probably wonder how to withdraw that money from the Cash App. Cash App is an application you can use to easily transfer funds but also make purchases in a retail store using your phone. Aside from the mobile app, Cash App has a debit card you can order and use as a regular Visa card called Cash Card.
With this card, you can make payments and withdraw money from ATMs.
Cash App will charge you $2.50 for each ATM withdrawal. But the owners of the ATM can and probably will also charge you a fee. So at the end of the day, you may be charged between $3 to $5 for each withdrawal transaction.
If you don’t have Cash Card, here is how to order one:
- Step 1 – Open the app on your smartphone and click on the Cash Card tab, placed at the screen’s lower end.
- Step 2 – Tap on the button labeled “GET FREE CASH CARD.”
- Step 3 – Pick the desired color and then tap “Continue.”
- Step 4 – Choose whether or not your Cashtag will be visible on the card.
- Step 5 – Provide your signature after tapping the field that says “Tap to customize.”
- Step 6 – Write your signature on the screen and tap “Next.”
- Step 7 – Fill in your address, and tap and confirm your full name that will be printed on the card.
ATM Withdrawal Limits
There are simply no limitations when it comes to loading money on your Cash Card or app. You can do it without a bank account, at the Walmart store, at CVS, and through other applications such as the Varo app or even Venmo app. However, there are limitations when it comes to your cash withdrawal on ATMs. This is mostly because of your protection in case of thefts. Here are the limitations:
- $1,000 per day
- $1,000 per ATM transaction
- $1,000 per week
How to Save On ATM Withdrawals Using Cash Card?
Cash App will cover operator and ATM fees for all the customers that get $300 or more paychecks directly deposited to the Cash App account. Note that Cash App will reimburse for three ATM withdrawals. So if you want, you can set up a direct deposit on your Cash App once you verify your account. Here is how to set up a direct deposit on your Cash App:
|Steps to set up direct deposit||Steps to get direct deposit|
|Go to the Home screen and tap on Banking/money tab||Go to the Home screen and tap on the Banking/money tab|
|Tap the routing and account number||Click on the Direct Deposit button|
|Copy the account or routing number where it is sad||Fill out your employer information and the amount you would like to deposit from each check and provide your signature|
|Provide account and routing number when prompted for a bank account||Select the email form and enter the address before clicking send|
Can You Withdraw Money From Cash App Using Only a Phone?
If you have a bank account at any bank in the country, you probably also have an online banking option, an app, and the option to withdraw money using your phone. Most ATMs nowadays have contactless options for your card and phone, where you can only lean your phone and use it as a card to withdraw money from the ATM.
So, in theory, you can use the Google Pay cash app and try to withdraw money this way. However, it seems that currently, this option is not working for the Cash App. But if you have a card or other similar application that may work, you can always send money to that app and try to withdraw it this way.
Should You Withdraw Money From an ATM Using the Cash App?
As you can see, Cash App has a visa debit card that acts like any other card issued by other banks. And this card can be used for withdrawing money from ATMs. Furthermore, just like any other Visa or Mastercard, you will be able to withdraw money for a fee. You will be charged the fee from your bank and from the bank whose ATM you are using.
The only time you will not be charged a fee is if you use your bank’s ATMs. But withdrawals from your bank’s ATMs also have limitations. So if we compare Cash Card and Cash App with any other debit card, we could say that the only difference is that you can save up money using the bank that has issued that card. But with the Cash App direct deposit discount, you will end up with similar advantages. Either way, neither banks nor apps like when you withdraw money and take cash. That is why you will always pay a certain amount in fees when doing it.