Cash App is a money transfer service that allows peer-peer money transfer within America and the US. The platform only operates in the two countries, and thus if you want to use the services, you must be within the two nations. That is contrary to other platforms such as PayPal and Payoneer that allow you to move money across many countries. Cash App has a debit card that you can use for various transactions. But can you receive money on Cash App without a card?
We shall know whether it is necessary to have the Cash App card to receive money from others. Cash App Card is a debit card called Cash Card that allows you to use your account balance by shopping online, at physical stores, or withdrawing money at an ATM point. It eliminates the overdependence on the online account and adds convenience when you cannot use your account.
For you to use Cash App, you must open an account online. Again, you must be at least 18 years old to start the service. There are also various things that one should have to make sure that people who open accounts are genuine. You must have an email address, a phone number, a bank account or debit card, and an identification document to get started.
How to get started with Cash App?
You must open an account online to start using Cash App, as I have mentioned above. You need a computer, a smartphone, or a tablet to get started with the service. The internet connection you use should be secure and reliable to ensure that you complete every step as expected.
To open a Cash App account, you should follow the steps below.
- Download and open your Cash App to launch it
- Next, enter your email or phone number
- Enter the secret code received via text or email
- Invite others to sign up as well. However, it is optional
- Enter your debit card details to link your bank account
- Choose a suitable $Cashtag which is a unique username to send and receive funds
- Enter your zip code
At this point, you will have created your account and are ready to use it for various transactions. You can add money using the debit card that you added. Remember that you can add money to Cash App without a debit card if you do not have it.
Remember that you do not have access to all the platform’s features when you open your account. For example, Cash App allows new users to send and receive money up to $1,000 within 30 days. As you can see, the amount can be little to some users and more so to business people. You can increase the limit when you verify your identity.
To verify your identity, you should use your full name, the last four numbers of your Social Security Number (SSN), plus your date of birth. If the verification fails, it could be because the company wants additional details from you. Remember that Cash App requires that all users be above 18 years.
How to add money to Cash App?
You cannot transact without money in your account. There are various ways you can add money to your account. They include the following.
i) Direct deposit
Direct deposit is a method of money transfer whereby a government agency or an employer sends money to the employees or beneficiaries of an aid program’s account. To receive funds via direct deposit, you must fill out the direct deposit form either online or at the office of the concerned source.
The process involves transferring money using the routing number and account number of your account, and thus you should provide the details when filling out the direct deposit form.
Cash App direct deposit ensures that you receive your funds two days earlier than traditional banks. Therefore, you can see the necessity of the platform compared to a bank account. However, that does not mean you do not need a bank account. To get started with direct deposit, you can follow the steps below.
- Hit on the Banking Tab (the $ symbol in the lower-left)
- Select the Direct Deposit link
- Follow the guidelines to set up direct deposit
The platform allows you to receive paychecks, unemployment benefits, tax returns, government stimulus payouts, and more via direct deposit.
ii) Add money from a linked bank account.
Cash App supports various banks when it comes to topping up. It even supports financial technologies such as Chime. For example, one can transfer money from Chime to Cash App when using traditional banks.
You are always instructed to add a bank account when opening your account. The importance of the account is to fund your transactions when you have an insufficient balance. You can add money from your bank in the following manner.
- Hit on the Banking tab on your home screen.
- Select Add Cash.
- Choose an amount to add.
- Tap Add.
- Use Touch ID or PIN to confirm the transaction.
iii) Check deposit
It is impressive to note that you can deposit checks online using Cash App and the like. Nowadays, you do not have to walk to your bank to deposit a check. You need to log into your account, navigate to the balance tab, hit on it, choose the check deposit option, and proceed as per the guidelines.
You will need to sign the back, take photos of the back and front of the check, and upload them for processing.
iv) Receive money from others
You can receive money from Cash App users as long as you share your phone number, email, or username with the person you intend to receive funds from. The method is the fastest since Cash App to Cash App transfers is instant. You do not have to wait for long using other methods if someone can send you money.
Can you receive money on Cash App without a card?
As I mentioned earlier, the platform has a debit card that you can use for various transactions, such as buying goods and services and withdrawing money at an ATM. It is not a must you have the card, but you can reapply for it after opening your account.
That means it is not a must you have the card to operate your account. Therefore, you can receive money without a debit card. You can also send money to others as long as you have their details. The process below shows how to transfer money from your account to another.
- Hit on the $ on the main screen
- Enter the amount to send
- Tap Pay to enter a $Cashtag, Phone number, or email
- Add a note (optional)
- Tap Pay to complete the transaction
- Authorize the transaction accordingly
How do you get the Cash App debit card?
You can only get the debit card when you request it online. You must log in to your account to start the process. The following is the process you can follow to request the debit card.
- Tap the Cash Card tab on the home screen
- Select Get Cash Card
- Tap Continue and follow the steps
The card has no additional fees that you should pay. Also, it comes with various advantages such as Boosts (discounts for purchasing using the card) and the ability to customize the card to suit your interests. To get the card, you must be 18 or older. It should arrive within ten business days unless there are any technical hitches.
Interestingly, you can use your card as soon as you order it when you add it to Apple Pay or Google Pay. You only need the virtual card details such as the card number, the CVV, and the expiration date.
How to send money from Cash App to a bank account?
Most online technologies allow you to transfer money to bank accounts. For example, one can transfer money from Chime to a bank account since Chime is purely online technology. Similarly, you can transfer money from your Cash App account to a bank account when the need arises. You can carry out the process in the following manner.
- Hit on your Cash App balance at the bottom to open the Banking tab
- Hit on the Cash Out button
- Tap and enter the amount to withdraw
- Hit on the Cash Out button
Withdrawing money to a bank account takes about 1-3 days for the transfer to complete. Sometimes it can take more days, especially if there are any technical issues. If you provided the wrong bank details, the funds might remain pending for a long time until you resolve the issue. Transferring money to a bank account is necessary to help you perform various transactions that you cannot do on Cash App.
If you know how to transfer money from Cash App to a debit card, you can use the method, and the funds will still appear in the bank account that links with the debit card. Withdrawing to your debit card is fast as funds reflect within 30 minutes. The transfer method charges you a 1.5% fee.
Bottom line
Cash App is a peer-to-peer money transfer company that operates online. The platform only operates in the US and UK, whereby users can send money within the two countries.
You can open your account online and add money via various sources such as bank accounts, debit cards, check deposits, direct deposits, and receiving from others. The service also issues a debit card that you can use for various transactions.
