In an era where digital transactions reign supreme, mobile payment apps like Cash App have revolutionized the way we handle our finances.
With the convenience of instant transfers and seamless transactions, Cash App has become a popular choice for many individuals.
However, knowing how to withdraw your funds from Cash App to your bank account is essential for accessing your money when needed.
Here's a comprehensive guide on how to do just that.
Learn More: Robinhood Retirement 3% Match
Robinhood is a popular "all-in-one" investing app.
While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.
Introducing Robinhood Retirement; home of the biggest IRA match on the market.
Here's what you need to know:
- Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
- All Robinhood investors will get a 1% Match on what they Contribute or Transfer
- Robinhood Gold members will get a 3% Match - the biggest on the market
And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.
Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.
Best Free Stock Promotions
How To Withdraw Funds
Here's how to cash out to your bank account using the app:
- Open your Cash App mobile application and navigate to the Money tab located on the home screen.
- Once you're in the Money tab, locate and press the "Cash Out" option.
- You'll be prompted to choose the amount you wish to withdraw from your Cash App balance.
- Next, select the deposit speed according to your preference. Cash App offers both standard and instant deposit options. (More on this below.)
- Confirm the transaction using either your PIN or Touch ID, depending on your device settings.
Cash App offers two options for cashing out:
- Standard Deposits: These are free of charge and typically arrive in your bank account within 1-3 business days.
- Instant Deposits: For those who need immediate access to their funds, Cash App offers instant deposits to your linked debit card. However, this service incurs a fee. Cash App will display this fee before confirming the transfer.