Cash App is a brilliant financial application that allows you to send and receive money without incurring any fees. While sending money between users is free, you can also send and receive money between other apps and real-world banks. However, just like with all banks, Cash App has a few limitations. One of those is the Cash App sending limit. This directly relates to how much money you can send and receive. In this guide, we’ll cover these limits and how you can increase them to make the most of your money.
Below, we’ll guide you through the two distinct types of account and their limits. Please note that Cash App is only available in the UK and US at the time of writing. If you are based outside of these regions then you won’t be able to use Cash App or sign up for an account.
Basic Account Sending & Receiving Limits
Unless you verify your account, you’ll be stuck on this basic form of Cash App account indefinitely. There’s nothing wrong with that though. You can still send and receive money.
With a basic unverified account, you can send $250 with 7 days. This means that if you send $250 on a Monday, you’ll need to wait until the following Tuesday before you can send any more money.
When it comes to receiving money, the limit is slightly different. You can receive up to $1,000 within 30 days. If someone sends you $1,000 on January 1, you’ll need to wait until January 31 to receive any more cash.
You might not need to go above these limits. If you don’t then there’s no need to verify your account. However, the limits do increase significantly if you do.
Verified Account Sending & Receiving Limits
You can send up to $7,500 within 7 days with Cash App using a verified account. That’s a huge increase from the $250 limit for an unverified account. It means that you can pay staff through Cash App and even pay for more expensive items using it as a primary source of funds.
As for receiving money, there is no limit for a verified account. This means that you can have as much money as you want sent directly to your account. It won’t affect your standing with Cash App because you’ve taken the time to verify your account.
There’s nothing more to the Cash App sending limits than this. If you’d like to know how to verify your account though, we’ve put together a short guide below.
How to Verify Your Cash App Account
You’ll be prompted to verify your account if you try to go over either limit with a basic Cash App account. You’ll also need to verify your identity to get a Cash App card. This is an automatic trigger for all users. It’s there to show you when you might need to think about verifying your account.
Verifying your account is very easy. All you need to do is complete your profile with the following details on the Cash App website or app.
- Full name
- Address you currently live at
- Date of birth
- The final 4 digits of your Social Security Number
You must be at least 18 years old to verify your account. If you aren’t, Cash App will refuse to accept your identity or send you a Cash App card.
Once you’ve added all of this information, Cash App will assess it and get back to you with their decision. They may request additional information from you if they feel that it is necessary. This may take the form of a bank statement or a picture of a form of ID such as a driver’s license.
Conclusion
That’s everything you need to know about Cash App’s sending limits. You’re restricted initially, but after you’ve verified your account, you can send and refund a lot more money than you can without verifying your identity. If there’s something that you think we missed, please let us know in the comments.