Cash App is among the most used money transfer platforms in the United States. It is a product of Square, a payment service that helps businesses to accept payments. Being among the most prominent mobile wallets in the country, the service has millions of users who value transacting across the platform. Sutton Bank and Lincoln Savings Bank provide the account services for the company. Later, we shall see how you can change the Sutton Bank Cash App routing number.
A routing number is a nine-digit code that helps financial companies identify other financial companies. The code is also called an RTN (Routing Transit Number). Financial institutions are many, and failure to have a unique way to identify them can be hectic. Imagine you want to send funds to someone having an account at Wells Fargo. It can be challenging for your bank to process your transaction. That is why the routing number came into existence.
The routing number usually goes hand in hand with the account number. There is no way you can send money with the routing number only. You need the account number for the specific account and, the bank identifier, the routing number. Most people usually think that mobile wallets such as Cash App do not have a routing number. It is essential to understand that every financial company must have a nine-digit code.
Ways To Use Cash App
Once you set up your account, the next thing is to start using the service. There are various ways to use Cash App, including the following.
1) Pay for goods and services
Numerous businesses accept payments using Cash App. They have Cash App accounts, too, and you only need to get their #Cashtag name, and you are good to go. There is a significant advantage to using the Cash App to make your payments. First, you do not have to carry cash in your pockets to shop, which can be risky.
You also need to know that Cash App issues a debit card called Cash Card that you can utilize to buy goods and services online and at physical stores. You can tap or swipe to pay at physical stores or provide your card details such as the card number, expiry dates, and the security code.
2) Send Money
You can send money to others using your Cash App account. As I have mentioned somewhere up, you only need the #Cashtag username of the recipient to send them money. Sending money on Cash App is instantaneous, and thus recipients can get the funds immediately. You can use the steps below to send money.
- Hit on the ‘$’ on the Cash App main screen.
- Enter the amount of money to transfer.
- Hit on ‘Pay’ and search for a Phone number, $Cashtag, or email address
- Add a note (optional)
- Tap ‘Pay’ to finish the transaction
3) Request Money
You can also utilize Cash App to request money from other Cash App users. As long as they know you personally, they may be able to send finances to your account. The following is the procedure to request money from other Cash App users.
- Hit on the ‘$’ on the Cash App main screen.
- Enter the amount of money to transfer.
- Hit on ‘Request’ to search for a Phone number, $Cashtag, or email address
- Add a note (optional)
- Tap ‘Request’ to finish the transaction
4) Withdraw money to your bank account
You can utilize your Cash App account to transfer money to your bank account. When you link a bank account to Cash App, you usually have a chance to withdraw money from the account. Also, you can transfer money from Cash App to a debit card instantly but part with a small fee for the transaction. Therefore, if you receive finances from your employer and need to save a fraction of your earnings, you have to move the funds to your account and save.
You can transfer money from Cash App to a bank account in the following manner.
- Log into your Cash App account.
- Tap your balance on the screen to open the ‘Banking’ tab
- Hit on the ‘Cash Out’ button
- Tap to enter the amount of money you want to withdraw
- Hit the ‘Cash Out’ button
You will need to choose the deposit speed in the money transfer process. Cash App has two kinds of deposit speeds. You can use the standard deposit method to your bank account or Instant Deposits that moves to your linked debit card. The standard deposit method is free and arrives in your account within 1-3 business days. Instant Deposits attract fees between 0.5% -1.75% (with a minimum fee of $0.25), but the funds arrive instantly on your debit card.
It is impossible to make an instant transfer with routing and account number to your bank account from the above explanation. You will require a debit card that links to your bank account to avail yourself of funds instantly.
Process To Find And Change Sutton Bank Cash App Routing Number
Sutton Bank facilitates the process of Cash App direct deposit. The Cash App routing number is from Sutton Bank, and when setting up a Cash App direct deposit bank, you should provide Sutton Bank as the bank’s name. The routing number is usually 041208777 or 041215663.
To find your routing number, you will need to follow the steps below.
- Open the Cash App on your phone to log in.
- Navigate to the “My Cash” tab.
- Tap on the “Cash” menu.
- Tap “Get Account Number”
- Hit on “Enable Account.”
- Tap on “Copy Account Details.”
- Select “Copy Routing Number”
Once you have copied the routing number, you can use it where necessary. Unfortunately, you cannot change your routing and account numbers. To change your Cash App routing number, you must create a new account. Make sure you use a different phone number and email address from the current ones.
Bottom Line
Cash App is among the money transfer companies in the United States with millions of users. It allows you to open an account online with a smartphone, tablet, or computer. You can use the service in various ways, including sending money to others, withdrawing money to a bank account, and purchasing goods and services. You can set up a direct deposit to your Cash App account using the routing and account numbers provided by Sutton Bank or Lincoln Bank.
