How much does cash charge to withdraw money?

Understanding Cash App ATM Withdrawal Fees

Cash App, a popular mobile payment service, allows its users to make cash withdrawals from ATMs. However, it’s important to be aware of the associated fees to avoid any surprises.

ATM Withdrawal Fee

For each ATM withdrawal using Cash App, you will be charged a flat fee of $2.50. This fee applies regardless of whether you use an in-network or out-of-network ATM.

In-Network ATMs

Cash App has partnerships with certain ATM networks, such as MoneyPass and Allpoint. When you use an in-network ATM, you may be able to avoid additional fees charged by the ATM operator. However, the $2.50 Cash App withdrawal fee will still apply.

Out-of-Network ATMs

If you use an out-of-network ATM, you may incur additional fees from the ATM operator, on top of the $2.50 Cash App withdrawal fee. These fees can vary depending on the ATM provider and location.

Monthly Account Maintenance Charges

Unlike some other financial institutions, Cash App does not charge any monthly account maintenance fees. This means that you only pay for the services you use, such as ATM withdrawals.

Tips for Minimizing ATM Withdrawal Fees

• Use an in-network ATM to avoid additional fees from the ATM operator.
• Withdraw larger amounts less frequently to reduce the number of transactions.
• Consider using other cash-out options, such as direct deposits to your bank account or using a debit card to purchase items and get cash back.

Understanding the ATM withdrawal fees associated with Cash App can help you budget accordingly and avoid any unnecessary expenses when accessing your cash.