Cash App and Apple Pay are both popular money apps that make it easy to send and receive money from your phone.
However, transferring money between the two apps can be a bit of a challenge, and may leave you feeling stressed out.
Luckily, with the right instructions, you can easily transfer money from Cash App to Apple Pay and take advantage of both!
Today, we're going to guide you through the exact process step-by-step so you can quickly and securely transfer funds between these two great payment platforms.
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For example, if you transferred a brokerage account worth $50,000 - that would be a bonus of $500.
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Unfortunately, there are no direct means to move cash from Cash App to Apple Pay.
However, you can still move money between these accounts easily.
The process is actually just three steps:
Let's break down each part step by step!
First, you'll need to link the same bank account to your Apple Pay and your Cash App.
For this method, you'll need to have your bank account number and routing number securely copied.
This should be for a checking account, and it needs to be the same bank account for both apps.
You can find your bank account number on your monthly statements, and usually in your account details when logged in to your bank account's website. Copy this information down safely, as we'll need to enter it into both Cash App and Apple Pay.
Have all this set up already? Skip on down to step 2!
Follow these instructions to link your bank account to your Apple Wallet:
Now that your bank is linked to both accounts, we can move your money out of Cash App and into your bank.
Complete the following steps to "Cash Out" from your Cash App:
Note: Cash App charges a fee for instant transfers, which can transfer money to your bank account instantly but will cost a percentage of the transfer amount. Be sure to check the fee before you initiate the transfer if you need the money to be available immediately.
Because there's no direct way to send money between Cash App and Apple Pay, you'll need to perform 2 bank transfers using the same linked bank.
With any of these money apps, there's always a free standard transfer method that takes "1-3 business days", and an instant transfer method that costs a percentage of the funds you move over.
Make sure you choose the right transfer method both times depending on whether you'd rather keep your money, or get it quicker.
Pressing that "send" button too quickly can be the difference between having your money when you actually need it, or not.
On the other hand, instant transfers can be great when you are in a pinch, but realize that they are not free, and that "change" you pay can add up over time! If you're moving a larger amount of money, you may want to reconsider using the free standard transfer option.
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