Cash App is a convenient option for transferring money from one user to another. However, if you have a prepaid Opt+ card, you are probably wondering – can I use my Opt+ card for Cash App?
Can I use my Opt+ card for Cash App? No, you can not use a prepaid card such as Opt+ for Cash App. Instead, you will need to set up a bank account that is backed by MasterCard, Visa, American Express, or Discover. However, if you need a prepaid card, you can apply for an Opt+ Prepaid Visa® Debit Card through their website or at any Rapid Cash or Speedy Cash stores.
Cash App is a great solution for user-to-user transactions, and you can even use it to make money. But the downside is that you can not use it with just any payment method. So, if you own an Opt+ prepaid card, you won’t be able to use it with a Cash App. Instead, you should set up a bank account that is backed up by MasterCard, Visa, American Express, or Discover.
Using Cash App for Sending or Receiving Money Is Easy
If you are already a Cash App user, you know that their interface is quite simple and easy to use, whether you want to send or receive money through it. If you want to be the sender, you can find the other user by phone number, name, or $Cashtag. Once you send the funds, the other user will receive a text alert or an email. It’s up to the recipient to decide how fast the transaction will be done.
In order to receive money from another user, you can make a request for payment. You can send this request through the app to a phone number, name, email, or $Cashtag. Once the payment has been made, you will receive a notification through the app, and you can choose how fast the transfer is done.
Deposit Funds to Cash App
Besides using Cash App to transfer money from peer to peer, you can also deposit funds that you receive into your bank account or directly to the debit card. The debit card deposit is loaded instantly, but the account deposit might take up to three days to load. Keep in mind that making either of these deposits is fee-free.
You also have an option for an instant deposit made into your account. If you want to use this option, you should keep in mind that the fee is 1.5% of the total sum, and the minimum fee is $0.25.
There Are Certain Cash Limits
You can send funds through the Cash App with ease, but there are certain limits to how much you can transfer. In a 7-day period, you can send up to $250 and receive $1,000 in a 30-day period. You can also increase these limits, but you must verify your identity. The app will ask for your full name, date of birth, and the last four digits of your Social Security number.
If you are interested in opening an account, you can do it without any required minimum balance. The maximum balance isn’t noted either. The minimum sum you can receive or send is $1, and you will have no monthly fee or service charge if you have a Cash App balance.
Let’s Explain the Basics of Opt+ Card
It’s simple and easy to use an Opt+ card. Adding money to your prepaid plastic can be done at any location that supports Rapid Cash, Speedy Cash, or Visa® ReadyLink. After you’ve deposited the funds, you can freely use your Opt+ card to purchase goods and pay bills with it. The loaded balance will then be decreased by the amount of each transaction.
How Can I Add Money to My Account on Opt+?
To be able to use your Opt+ card, you should add some funds first. Here’s a step-by-step guide on how to do it:
- You can load more money without paying a fee at any Rapid Cash or Speedy Cash location (such as CVS).
- If you have an Opt+ Prepaid Visa® Debit Card, you can stop by any Visa® ReadyLink location to do it. Although, in this case, additional fees may be applied.
- Additionally, you can set up a Direct Deposit account and apply to have your monthly income sent directly to the Opt+ card.
- You can also add checks to the Opt+ card through the Opt+ mobile app.
If you want to withdraw some cash from the card, you should know that the limit is $300 for each transaction. The daily withdrawal limit is $900. If you are interested in which locations you can use your card, you should know that Opt+ is accepted globally, in every place where a Visa® or debit card can be used.
How to Apply for an Opt+ Prepaid Visa® Debit Card
If you are interested in applying for an Opt+ Prepaid Visa® Debit Card, you can do so exclusively through Speedy Cash and Rapid Cash stores. Additionally, you can also visit their website and apply using the secure online form. You will receive your card without paying anything, but only after the verification process is completed. You must be at least 18 years old and have some form of identification on you.
Open an Account Backed by Debit Cards to Add Money to Cash App
Cash App is a convenient tool for transferring and receiving money. Transfers are quick and simple, and the service’s additional benefits are the ability of debit card use and investing. All this makes it an excellent tool for the digital age. However, if you are an Opt+ card user, keep in mind that you won’t be able to load funds from your prepaid card into the Cash App. Instead, you should open an account that is backed by a regular debit or credit card and load money into the Cash App from there. You can also load money directly from a card unless it’s a prepaid one.