common-close-0
BYDFi
Trade wherever you are!

What are the fees associated with withdrawing funds from Cash App to a bank account?

avatarNeel AndholeDec 19, 2021 · 3 years ago3 answers

Can you please provide more information about the fees charged for withdrawing funds from Cash App to a bank account? I would like to know the specific fees involved and if there are any additional charges or restrictions.

What are the fees associated with withdrawing funds from Cash App to a bank account?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    When withdrawing funds from Cash App to a bank account, there are typically no fees involved. Cash App allows you to transfer your funds directly to your bank account without any additional charges. However, it's always a good idea to check with your bank to see if they have any fees for receiving transfers from Cash App.
  • avatarDec 19, 2021 · 3 years ago
    The fees associated with withdrawing funds from Cash App to a bank account are minimal. Cash App does not charge any fees for standard bank transfers. However, if you choose to use the instant transfer option, there is a 1.5% fee applied to the total amount transferred. This fee is deducted from the transferred amount before it reaches your bank account.
  • avatarDec 19, 2021 · 3 years ago
    When you withdraw funds from Cash App to a bank account, there are no fees charged by Cash App. However, your bank may have its own fees for receiving transfers. It's always a good idea to check with your bank to understand their fee structure for incoming transfers. Additionally, if you choose the instant transfer option, Cash App charges a 1.5% fee on the total amount transferred.