To increase your limits on sending, receiving, and withdrawing money, you must verify your identity on Cash App. Here’s how you can do that:
Steps to Verify Your Account:
Open Cash App and tap your profile icon on the home screen.
Select “Personal” from the list.
Enter your full legal name, +1(747) 297-4842 date of birth, and the last four digits of your Social Security Number (SSN).
If prompted, you may need to provide a photo of your government-issued ID.
Benefits of Verification:
Sending limit increases to $7,500 per week.
No receiving limits.
ATM withdrawal limit increases to $1,000 per day.
Ability to buy, sell, and withdraw Bitcoin with higher limits.
Unlimited cash outs to your bank account.
Summary of Cash App Limits:
Transaction Type Unverified Limit Verified Limit
Sending Limit $250 per 7 days $7,500 per 7 days
Receiving Limit $1,000 per 30 days Unlimited
ATM Withdrawal Limit $250 per day, $1,000 per week $1,000 per day, $1,250 per week
Cash Card Spending Limit N/A $7,000 per day
Bitcoin Withdrawal Not allowed $2,000 per day, $5,000 per 7 days
Cash Out (Bank Transfer) Subject to sending limits ($250 per week) No limit
Direct Deposit Limit N/A $50,000 per 24 hours
Conclusion:
Unverified Accounts have limited sending, receiving, and withdrawal capabilities.
Verifying your Cash App account increases these limits significantly, allowing for more flexibility and higher transaction limits.