People increasingly turn to mobile payment apps like Cash App to send and receive money as the world becomes more digitised. Cash App, developed by Square Inc., allows users to send and receive money quickly and easily, with the added benefit of withdrawing money from an ATM using the Cash Card.
However, like any financial app, there are limits on how much you can send, receive, and withdraw. The good news is that Cash App allows you to increase your limit. In this blog, we’ll discusshow you can increase your Cash App limit to $7,500.
What is the Cash App limit?
Before we dive into how to increase your Cash App limit, it’s essential to understand the limitation and why it exists. Cash App sets limits to ensure the security and protection of its users. The limit is designed to prevent fraudulent activities such as money laundering, identity theft, and other illegal activities.
The Cash App limit is divided into three categories:
Each limit applies to the money you can send, receive, or withdraw in a given period.
How to increase your Cash App limit to $7,500?
If you are a verified Cash App user, you can increase your limit to $7,500 by following these steps:
Step 1: Verify your account
To increase your limit, you must first verify your account. To do this, you must provide a Cash App with personal information, such as your full name, date of birth, and the last four digits of your Social Security number.
Step 2: Link your bank account and debit card
You must also link your bank and debit cards to your Cash App account to verify your account. This allows Cash App to verify your identity and ensure you are the account owner.
Tap on the profile icon in the top-left corner of the screen.
Scroll down and select “Cash Support”.
Select “Something Else”.
Select “Account Settings”.
Select “Increase Limits”.
Follow the on-screen instructions to increase your limits.
It’s important to note that increasing your limits may take some time. Cash App will review your account and determine eligibility for the increased limits.
Tips for increasing your Cash App limit
Verify your account: The first step to increase your Cash App limit is to verify your account. This ensures that you are the account owner and helps prevent fraudulent activities.
Link your bank account and debit card: Linking your bank account and debit card is another crucial step in increasing your limits. This allows Cash App to verify your identity and ensure you are the account owner.
Increase your limits gradually: Cash App may allow you to increase your limits gradually, so don’t be in a hurry to get to the $7,500 limit. Increase your limits gradually and give Cash App time to review your account.
Contact Cash App customer support: If you’re having trouble increasing your limits or have questions, contact Cash App customer support. They can help you with any issues or concerns you may have.
Increasing your Cash App limit to $7,500 is easy and can be done by verifying your account, linking your bank account and debit card, and following the on-screen instructions to increase your limits. However, it’s important to remember that Cash App sets limits for a reason, and increasing your limits too quickly may raise red flags and delay the process.