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How to Turn Off Instant Deposits on Cash App

This guide aims to demonstrate how to turn off instant deposits on the Cash App and use the standard deposit feature to ensure that you don’t incur any unwanted fees. Let’s explore more!
How to Turn Off Instant Deposits on Cash App
How to Turn Off Instant Deposits on Cash App
If you are seeking to turn off the instant deposit option in the Cash App to avoid getting hit by instant transfer fees, Beem has compiled the perfect guide for you. Read on to know more!
In this article

To prevent Cash App from allowing instant deposits, the surest way to do so is not to link your bank debit card with it as only debit cards allow for immediate transfers.

To evade the feature of instant transfer one simply adds a bank account alone. This method achieves the same results because Cash App does not have an option to turn off instant deposits directly.

This will guarantee you against any accidental fees that you might pay because of using instant transfer which has risen up to 1.75% higher in percentage rate without a limit since 2022. Opting standard deposit may take 1-3 business days but saves on these charges completely.

How to Turn Off Instant Deposits on Cash App [Step by Step]

Step 1: Download and launch the Cash App on your mobile device.

Step 2: In the top left corner of the screen, click on the profile icon, which is located at the top of the screen.

Step 3: Select the “Cash” option at the bottom of the page.

Step 4: Click “Turn off Instant Deposits” under the “Options” section of the screen.

Step 5: When you click the “Turn off instant deposits” button, you will be given a confirmation message asking if you are sure. To proceed, tap the “Confirm” button at the bottom of the page.

Step 6. You will now be notified that instant deposits will no longer be offered to you, and you need to wait for the regular deposit time to happen.

Other Ways of Instant Transfer at a Lower Cost

Some hacks can help you save money and use instant transfer options simultaneously.

Apple Pay allows you to add your Cash App Card. Instant transfers can be done with Apple Pay at a flat 1.5% fee (capped at $15 per transaction). This is cheaper than Cash App charges if you need to transfer a large amount, especially if you don’t have instant deposit enabled on Cash App which can have its own fees (typically 0.5% – 1.75% with a minimum of $0.25).

From Apple Pay, one should instantly transfer to your bank account after transferring money from Cash App to Apple Cash. If you are transferring a large amount, it might be worth your while to go through a few hoops.

Using the cash-back option at Walmart when you self-checkout at the POS will allow you to withdraw cash from your Cash App account.

Cash App Instant Deposit vs Standard Deposit

If you have a linked bank account or bank account linked to your Cash App account, you can use the app to transfer funds to that account. There are two ways in which a transfer can take place:

Type of DepositProcessing TimeFees
Standard1-3 Business daysNo fees
InstantWithin minutesIncurred fee deducted from transfer amount

1. Standard Deposit

The funds are transferred to your linked bank account (connected through Plaid or manually through the routing and account number) within 1-3 Business days. There are no fees associated with standard transfers.

2. Instant Deposit

A debit card linked to the account will be credited within minutes of the transfer. In this process, a fee is incurred that will be deducted from the transfer amount in the form of an instant deposit. The instant deposit feature is only available on some debit cards, but only a few.

How to Turn Off Instant Deposits on Cash App

Cash App Instant Deposit Not Showing Up Issue

Insufficient funds, expired cards, detected fraud, spam, typos, insufficient funds, bad network connections, etc., can cause Cash App payments to show as completed but not received. The app should be updated, your account balance must be checked, and recipient info should be accurate.

Additionally, you should know your sending limits, manage debit card issues, pick the suitable deposit method, and schedule transactions appropriately. In conclusion, ensure you are aware of the recipient’s account status to avoid any problems.

Wrap Up

For users who prefer control over their spending, turning off instant deposits may be a good idea. It is important to note that it usually takes 1-3 business days for funds to be deposited into your bank account without instant depositYou can enable instant deposits anytime by following the same steps and selecting Turn On Instant Deposits. But if you are going through scams on the cash app it is better to turn Off Instant Deposits on Cash App

For instant deposits, Cash App charges a fee of 1.5%. You can still send and receive money with Cash App even when the instant deposit is turned off. Your Cash App card will not be affected by turning off instant deposits.

In addition to making purchases and withdrawing money from ATMs, you can still use it. Once a deposit has been initiated, it cannot be canceled. You will need to wait for the funds to be deposited into your bank account to receive them. 

When instant deposits are turned off, direct deposits will not be affected. Your account will still receive bank deposits. Use AI-powered Beem to get an instant cash advance for unforeseen financial emergencies.

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Picture of Shirlene Grace Isaac

Shirlene Grace Isaac

Shirlene puts words on the Internet because she loves to do so and also for the money! She is a singer, songwriter, occasional poet, artist and muser — all in the body of a 20 something. She's a taleteller of sorts often looking for opportunities to narrate stories untold.

Editor

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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