If you're a Cash App user, you know there are limits to how much money you can send and receive on the platform. These limits are set to prevent fraud and keep the platform secure. However, you may hit these limits if you need to send or receive more significant amounts of money. Fortunately, there are different ways on how to increase Cash App limit, and in this article, we'll show you how to do it.
Step 1: Verify Your Account
Verifying your account is the first step to increase Cash App limit. To do this, you must provide basic information about yourself, such as your full name, date of birth, and Social Security number. You'll also need to link your bank account or debit card to your Cash App account.
To verify your account, follow these steps:
Open the Cash App on your phone.
Tap on your profile icon in the top left corner.
Scroll down and tap on "Personal."
Tap on "Verify Your Account."
Follow the prompts to provide your personal information and link your bank account or debit card.
Once your account is verified, you can send and receive up to $7500 per week on Cash App.
Step 2: Increase Your Cash App Spending Limit
If you need to spend more money than your Cash App limit allows, you can request an increase in your spending limit. To do this, follow these steps:
Open the Cash App on your phone.
Tap on your profile icon in the top left corner.
Scroll down and tap on "Personal."
Tap on "Increase Limits."
Follow the prompts to provide additional information about yourself and your income.
Cash App will review your request and may ask for additional information to verify your income. You can spend more money on the platform if your request is approved.
Step 3: Increase Your Cash App Sending Limit
If you need to send more money than your Cash App limit allows, you can request an increase in your sending limit. To do this, follow these steps:
Open the Cash App on your phone.
Tap on your profile icon in the top left corner.
Scroll down and tap on "Personal."
Tap on "Increase Limits."
Tap on "Request Increase" under "Sending Limit."
Follow the prompts to provide additional information about yourself and your income.
Cash App will review your request and may ask for additional information to verify your income. You can send more money on the platform if your request is approved.
Step 4: Become a Cash App VIP
Another way to increase your Cash App limit is to become a Cash App VIP. Cash App offers a VIP program for users who meet certain criteria, such as having a certain amount of money in their account or making a certain number of transactions. VIP users get higher limits for sending and receiving money and other benefits like priority customer support.
To become a Cash App VIP, follow these steps:
Open the Cash App on your phone.
Tap on your profile icon in the top left corner.
Scroll down and tap on "Cash Boost."
Tap on "Boost Status."
Follow the prompts to meet the requirements for VIP status.
Step 5: Link Multiple Bank Accounts
If you need to send or receive larger amounts of money regularly, you may want to consider linking multiple bank accounts to your Cash App account. This can increase your overall limit and give you more money management flexibility.
To link multiple bank accounts, follow these steps:
Open the Cash App on your phone.
Tap on your profile icon in the top left corner.
Scroll down and tap on "Banking."
Tap on "Add a Bank."
Follow the prompts to link your additional bank account.
Step 6: Use Cash App for Business
You may be eligible for higher limits if you use Cash App for business purposes. Cash App offers a separate business account with higher limits and additional features designed specifically for businesses.
To set up a Cash App business account, follow these steps:
Open the Cash App on your phone.
Tap on your profile icon in the top left corner.
Scroll down and tap on "Business."
Follow the prompts to set up your business account.
Step 7: Use Cash App for Investing
Step 7: Use Cash App for Investing
Another way to increase your Cash App limit is to use the platform for investing. Cash App offers a feature called Cash App Investing, which allows you to buy and sell stocks and ETFs directly from the app. By using Cash App Investing, you can increase your overall account balance and potentially qualify for higher limits.
To start using Cash App Investing, follow these steps:
Open the Cash App on your phone.
Tap on your profile icon in the top left corner.
Scroll down and tap on "Investing."
Follow the prompts to set up your investment account.
Conclusion
Increasing your Cash App limit is easy if you follow these steps. By verifying your account and requesting increases in your spending and sending limits, you can send and receive more money on the platform. Remember, these limits are in place to protect you and other Cash App users, so be sure to use the platform responsibly.