Cash App is a widely used mobile payment service that allows users to send and receive money quickly. However, it has certain limits in place to ensure secure transactions. Once your account is verified, the sending limits increase significantly, allowing more flexibility. This comprehensive guide will help you understand what the Cash App sending limits are after verification and how to maximize your Cash App experience.
Understanding Cash App Sending Limits
Cash App imposes sending limits based on whether your account is verified or not. Unverified accounts are restricted to sending smaller amounts, while verified accounts are given much higher limits.
- Unverified Accounts: You can send up to $250 in any 7-day period.
- Verified Accounts: You can send up to $7,500 in any 7-day period.
Verification involves confirming your identity with your full name, date of birth, and the last four digits of your Social Security number. Completing this process significantly increases your sending limit.
What is the Cash App Sending Limit after Verification?
Once your account is verified, you’re Cash App sending limit increases to:
- $7,500 per 7 days for sending money.
- Unlimited receiving: There are no limits on how much money you can receive once your account is verified.
This higher limit is especially useful for those who frequently send money or make larger purchases.
How to Verify Your Cash App Account
To verify your account and increase you’re Cash App sending limit, follow these steps:
- Open Cash Appon your mobile device.
- Go to your profileby tapping the profile icon in the top-right corner.
- Tap “Personal.”
- Enter your full name, date of birth, and the last four digits of your Social Security number.
- Follow the on-screen prompts to complete the verification process.
Once verified, your new Cash App sending limits will apply.
Benefits of Verifying Your Cash App Account
There are several advantages to verifying your Cash App account beyond just increasing your Cash App sending limit:
- Larger transaction capabilities: Send up to $7,500 per week, allowing for greater flexibility in payments and transfers.
- No receiving limits: After verification, you can receive an unlimited amount of money.
- Access to additional features: Features such as Bitcoin trading, direct deposit, and Cash App Card are only available to verified users.
What Happens If You Exceed the Sending Limit?
If you attempt to send more than the $7,500 limit in a 7-day period, Cash App will decline the transaction. You’ll need to wait until your 7-day rolling Cash App limit resets before making another large transfer. You can still send smaller amounts if they fit within the remaining limit for that week.
How to Check Your Sending Limit on Cash App
To check your current sending limit on Cash App:
- Open Cash Appon your mobile device.
- Go to your profileby tapping the profile icon in the top-right corner.
- Tap “Account & Limits.”
This section will show your current limits and how much you’ve sent within the 7-day period.
Are There Any Other Limits on Cash App?
In addition to the Cash App sending limit, there are other limits on Cash App, including:
- Cash App ATM Withdrawal Limit: Verified users can withdraw up to $1,000 from ATMs per week.
- Cash App Bitcoin Withdrawal Limit: You can withdraw up to $2,000 worth of Bitcoin per day and up to $5,000 within any 7-day period.
Conclusion
Verifying your Cash App account significantly increases your Cash App sending limit, allowing you to send up to $7,500 per week. This is especially beneficial for users who need to transfer larger amounts of money. Verifying your identity also unlocks additional features, making Cash App a more versatile financial tool.