Online Banking

How To Transfer Money From Netspend To Cash App – A Step-by-Step Guide

Netspend allows you to manage your card online using a smartphone app or over the web. You can send and receive money into your card online from other Netspend card users and other money platforms such as Cash App and PayPal with a few taps on your screen. Today, you will know how to transfer money from Netspend to a Cash App.

The Netspend, a registered agent of The Bancorp Bank, NA., MetaBank, and Republic Bank & Trust Company, is a payment company that issues prepaid Visa and Mastercard debit cards. Apart from helping you transfer money from your account to others, the debit card allows you to buy goods and services online. Large online retailers such as Amazon allow you to purchase goods using payment cards, Netspend being one of them.

Payment cards (credit, debit, and prepaid cards) allow you to carry large amounts of money electronically. It, therefore, adds safety to your hard-earned cash. Moreover, payment cards are convenient, especially in town, since you can withdraw cash from an ATM when you need it or just pay electronically. The cards are also flexible due to the many options available for you.

What is a Cash App?

Cash App is a payment company that allows peer-to-peer money transfer. The platform was developed by Square, one of the most used payment apps in the US. Cash App allows easy transfer of funds to friends and relatives using their mobile number, email address, or the  $Cashtag. The recipients must also be Cash App users.

The app is versatile, simple, and consumer-friendly. That is why the payment platform is a darling to many people and especially students in colleges and universities, since they can receive money from their parents and guardians with ease. Furthermore, Cash App transfers are quick, and you can get cash within a short period after requesting it. You can also receive money via direct deposits from your employer or any other relevant sender.

Just like Netspend, Cash App allows you to pay bills online. It eliminates the need to visit your bank for such transactions, thus saving time for other essential activities. Moreover, Cash App has a debit card that works like other debit cards, which you can use to pay for various items or services or even withdraw cash at ATMs accepting it. You can request the Cash App card after creating your Cash App account.

transfer money from netspend to cash app

How to transfer money from Netspend to Cash App

Transferring money from Netspend to Cash App is almost instant since only a few minutes are required to complete the transaction. You need to understand that before transferring any money from Netspend to Cash App, you need a PayPal account to act as a bridge.

Also, Cash App does not accept debit cards, and thus you will have to connect the Netspend account as if it is a bank. However, upon linking, you will only be able to use Cash App as a source of funds for your Netspend card but not as a receiving platform from Netspend. Netspend does not support direct transfer to Cash App or bank.

Three steps are involved in linking your Netspend card account to Cash App. They include the following.

  • Open your Cash App app and tap an icon at the bottom left of the screen.
  • A page opens whereby you should click on the “Add Bank” option. Remember I mentioned that Cash App does not accept cards, so we have to add Netspend as a bank.
  • Enter the necessary information in the fields provided. You need your Netspend account and routing number, which you can quickly locate from your Netspend account. Ensure you follow all the steps for a successful linking process.

Once you have finished linking, the Netspend card account can use your Cash App balance to fund various transactions.

Now back to our main agenda, I want to show you how to transfer money from Netspend to Cash App. As I mentioned earlier, you need a PayPal account that links to your Netspend and Cash App. You then move money from Netspend to PayPal and then to Cash App. The steps below direct you on how to transfer money from Netspend to PayPal.

  • Sign in to your PayPal account.
  • Link your Netspend prepaid card as a bank account. Provide any verification information in case PayPal requests you to verify your card.
  • At the top of your page, click on “Wallet.”
  • Click on “Transfer Money”
  • Click on “Add money online.”
  • Select Netspend as the source of the money

Once you have requested the preferred amount from Netspend, you can then transfer the funds to your bank account that links to your Cash App account. To transfer money from PayPal to a bank account, follow the steps below.

  • Login to PayPal
  • Tap on your balance
  • Tap “Transfer money.”.
  • Select “Transfer to your bank”
  • Select your bank account and hit Next
  • Enter the amount to transfer
  • Review the transfer details and select Transfer

The funds should enter your bank account within 3 to 5 business days. If there are holidays during the weekdays, then it may take longer. Once the funds are in your bank account, you can then transfer them to your Cash App account. Already, you have the bank account linking to your Cash App account and thus, you only need to initiate the transfer process. The following steps are crucial when it comes to adding money to your Cash App.

  • Tap the Banking tab on the Cash App home screen
  • Tap Add Cash
  • Enter the amount to add
  • Tap Add
  • Confirm the transaction using the Touch ID or your PIN

The requested money from your bank will now reflect in your Cash App account. Netspend to Cash App transfer is a lengthy process that requires patience. As you can see, you may wait for more than a week to receive the funds in your Cash App since you have to involve PayPal in the whole process. Even when you want to transfer money from Netspend to a bank account, you will as well involve PayPal, as I have highlighted above.

Can I transfer money from Cash App to a bank account?

Unlike Netspend that only accepts spending money from a bank account, Cash App accepts both. You can send and receive money from Cash App using your bank account. To send money from Cash App to a bank account, you have to add the bank account details in your Cash App as follows.

  • Log into your Cash App
  • On the home screen, hit the Banking tab
  • Select Link Bank
  • Follow the prompts

You may also modify an existing bank account as follows.

  • Tap the Banking tab on the home screen
  • Select ‘Linked Banks’ or ‘Linked Accounts’
  • Tap on the account to modify
  • Select Remove or Replace Bank
  • Follow the prompts

Once you have your bank successfully linked to your Cash App, you can start the transfer process. The steps below show how to transfer money from Cash App to a bank account.

  • Tap ‘Balance’ on your home screen
  • Select ‘Cash Out’
  • Choose the amount and select Cash Out
  • Select a deposit speed
  • Confirm the transaction with your Touch ID or PIN 

There are two types of Cash App to bank deposit speeds. They include Instant Transfer and Standard Transfer. Instant Transfer ensures that funds reflect in your account within 30 minutes. However, you have to part with fees. Cash App charges a 1.5% fee (with a minimum of $0.25) of the amount to transfer. The transfer method is useful when sending money for emergency cases.

The Standard Transfer is free. However, it takes 1-3 business days and is only suitable for money not needed immediately. If you do not need to do any urgent transaction with cash, you can use the transfer method since it helps you to save significant amounts of money.

Why do I need a Netspend prepaid debit card?

The Netspend prepaid card will help you in various kinds of transactions. You will pay bills online, withdraw money from ATM points, and receive direct deposits from employers or government benefits.

A Netspend card will also allow you to send money to other Netspend card users instantly. The ability to share money instantly helps you to assist or get help from friends and family members far away.

Additionally, the card has Zero Liability Protection so that you will not be liable for any illegal use if the card gets lost. However, you will need to report as soon as you lose your card.  With the protection, you can retain your money. Without the card, no one can withdraw money from your account unless you share your online details. If you have a question like, “can someone withdraw money with my account number” then worry no more since it is not possible. 

Again, Netspend cards have insurance from FDIC. Since Netspend issues the cards in partnership with The Bancorp Bank and others under FDIC insurance, your money is safe. In case Netspend collapses, you will still have your money.

Bottom line

Netspend and Cash App are some of the most used payment platforms in the USA. Even though you cannot move money directly between the two forums, you can easily transfer money between each other using PayPal and a bank account.

Netspend and Cash App are helpful to hold huge amounts of money while on the go. However, you should be careful not to share any account access information with anyone, or else you lose your money.

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