Cash App is a peer-to-peer payment platform that allows users to send and receive money, invest, and more. Chime, on the other hand, is a fintech company offering modern, app-based banking services.
If you're looking to transfer money from your Cash App account to your Chime bank account, this guide will walk you through the process, including all the latest methods and important details.
The first step is to link your Chime account to Cash App. You can do this using your Chime debit card or by linking directly with your Chime routing and account numbers.
Open Cash App and tap on the profile icon in the top right corner.
Select Linked Banks from the menu.
Tap on Link Credit Card (works for debit too).
Enter your Chime debit card details to link your Chime account to Cash App.
If you prefer not to use your debit card, you can link your Chime account directly using your Chime routing and account numbers.
Open Cash App and tap on the Banking tab (house icon).
Select Linked Banks or Add a Bank.
Choose No Card? to proceed with account number linking.
Enter your Chime routing number and account number.
Verify the information and complete the connection.
Now your Chime account is linked to Cash App, and you can start making transfers.
Once your Chime debit card is linked, you can easily cash out your Cash App balance to your Chime account. Here's how:
Open Cash App and tap on the Money tab at the bottom left.
Tap on the Cash Out button under your Cash Balance.
Choose the amount you want to withdraw.
Select your transfer speed (choose standard for free or instant for a fee).
Select your Chime debit card or bank account as the destination.
Standard Transfer: Free, but can take 1 to 3 business days to complete.
Instant Transfer: Available for a fee, with funds delivered within minutes. The fee is typically 1.5% of the transfer amount (e.g., $1.50 for a $100 transfer). The minimum fee is $0.25.
Make sure to choose the method that works best for you, considering the timing and associated fees.
Daily Limit: You can transfer up to $200 (or more, depending on your Cash App and Chime account).
Monthly Limit: Up to $1,000 in transfers (or higher for some users).
These limits may vary depending on your account verification status and transaction history.
It's important to keep your transactions secure. Here are a few tips:
Enable Two-Factor Authentication (2FA): Protect both your Cash App and Chime accounts with 2FA for added security.
Double-Check Your Info: Always verify the recipient's details before completing a transfer.
Monitor Account Activity: Regularly review your Cash App and Chime account statements to detect any unauthorized transactions.
