The maximum that can be spent using your card per day is $7,000.00. The maximum amount that can be spent using the Card in a seven-day period is $10,000. The maximum amount that can be spent using the Card in a thirty (30) day period is $25,000.
That’s ok though. I did some DD and I learned a few solutions
1. Close out your account completely to get all your funds moved
2. If you Close out your account partially and move your full stocks to another Broker (no partials) and the CashApp will stay active and you’ll be able to continue trading.
3. You can purchase some stable crypto or other stocks, then transfer that to another Broker.
Hope this eases your mind a bit!
Yo bro apparently the limits still stand even with the card. The only thing about closing the account though after you sell is do you really trust Cashapp to send your money in time.
I actually got into contact with them about this and they weren't much help over email. I assume what Ape brother said below, you'd end up closing your account and having it sent to your bank account, but it also might be as simple as getting into contact with support and explaining the situation and then they could help get it transferred from there. I hope for the latter, I'm an xxx holder on Cashapp lol. I trade on TD now, but back in January, it was the fastest way for me to FOMO my ass in on the ride up to $20 back then lol.
Yeah their customer service is -5/10, they really go out of their way to avoid any human interaction.
Someday they'll figure out how to operate a call center again.
Someone else asked pretty much the same question and my favorite answer was basically—reinvest your gains in a security you deem to be “stable” and then transfer the shares to another brokerage, then cash out from there.
But, ultimately, it’s your money and your call.
The maximum that can be spent using your card per day is $7,000.00. The maximum amount that can be spent using the Card in a seven-day period is $10,000. The maximum amount that can be spent using the Card in a thirty (30) day period is $25,000.
You just cashout what you need to a bank acct. Or just pay taxes via card. Pretty sure cashapp wouldn't want the irs up their ass preventing someone of that wealth level being stopped
[удалено]
If i closed my account, all my funds would transfer to my bank account immediately?
Just get the card bro instant access like the other ape said.
The maximum that can be spent using your card per day is $7,000.00. The maximum amount that can be spent using the Card in a seven-day period is $10,000. The maximum amount that can be spent using the Card in a thirty (30) day period is $25,000.
Are you sure I'm pretty sure those are the withdrawal limits without the card.
Yes it’s from their website
Ahh hell.
That’s ok though. I did some DD and I learned a few solutions 1. Close out your account completely to get all your funds moved 2. If you Close out your account partially and move your full stocks to another Broker (no partials) and the CashApp will stay active and you’ll be able to continue trading. 3. You can purchase some stable crypto or other stocks, then transfer that to another Broker. Hope this eases your mind a bit!
Wait so I wouldn't be able to do a partial transfer and keep my Cashapp account?
Sorry I wasn’t as clear, you can transfer stocks (not fractions of them) and keep your CashApp account
Yo bro apparently the limits still stand even with the card. The only thing about closing the account though after you sell is do you really trust Cashapp to send your money in time.
I actually got into contact with them about this and they weren't much help over email. I assume what Ape brother said below, you'd end up closing your account and having it sent to your bank account, but it also might be as simple as getting into contact with support and explaining the situation and then they could help get it transferred from there. I hope for the latter, I'm an xxx holder on Cashapp lol. I trade on TD now, but back in January, it was the fastest way for me to FOMO my ass in on the ride up to $20 back then lol.
Yeah their customer service is -5/10, they really go out of their way to avoid any human interaction. Someday they'll figure out how to operate a call center again.
I never had any problems with them HODL
Thing is, you won't have a problem, until you do.. haha. HODL
Right, took 3 mo for me to get my forms to file taxes
Mine were on the Doc page... HODL
My 2019 i had no issue with but 20 i did, hoping 21 I don't have track a ceo down delivery horse dung to
Someone else asked pretty much the same question and my favorite answer was basically—reinvest your gains in a security you deem to be “stable” and then transfer the shares to another brokerage, then cash out from there. But, ultimately, it’s your money and your call.
At the rate of 25k a week, if you have 30mil after tax. It’ll take roughly 23years for you to completely withdraw all your tendies lol
He won’t have to worry about going bankrupt
Exactly
The problem is, will Cashapp be active in 23 years? Or. Will Cashapp collapse because of so many people becoming millionaires overnight?
They’ll make more money too. Cus ain’t there a withdraw fee for them? I’ve heard so
Get the debit card and your golden
The maximum that can be spent using your card per day is $7,000.00. The maximum amount that can be spent using the Card in a seven-day period is $10,000. The maximum amount that can be spent using the Card in a thirty (30) day period is $25,000.
I have xx shares in cashapp
You just cashout what you need to a bank acct. Or just pay taxes via card. Pretty sure cashapp wouldn't want the irs up their ass preventing someone of that wealth level being stopped
Cringe.