How To Cash Out On My Way App

To "cash out" on Cash App, you simply have to transfer your balance in the app to your linked bank account.
Cash App is a peer-to-peer payment app, like Venmo, that allows you to send and receive money with friends and family.
Here's how to transfer funds from Cash App to your bank account.
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Square's Cash App is a peer-to-peer payment app, like Venmo, that allows you to send and receive money with friends and family, without needing to have cash on hand or even be in the same room. It's perfect for things like splitting bills, chipping in for party snacks, or just splitting a meal.

When someone sends you money on Cash App , it lives in the app. If you have a Square Cash Card, you can use it like a debit card and spend your balance anywhere that accepts Visa.

However, if you don't have a Cash Card, or would simply rather transfer your balance back to your bank account, doing so is very simple, and can even be done instantly if need be.

How to cash out on Cash App

1. Open the Cash App on your iPhone or Android.

2. Go to the "Banking" tab by tapping the icon in the bottom-left corner (the icon looks like a house, or a bank.)

Tap on the "Banking" icon at the bottom-left.

3. Underneath your "Cash Balance," tap the button on the right that says "Cash Out."

4. The "Cash Out" menu will pop up with your full balance amount auto-selected for transfer. If you'd like to transfer less, use the touchscreen to type in the amount.

5. Once you've decided how much you want to transfer, tap "Cash Out" at the bottom.

Enter the desired amount, then tap "Cash Out."

6. A pop-up will appear asking how you'd like to deposit the money. If you select "Standard," the money will take one to three days to appear in your account. If you need the money immediately, you can tap "Instant" for a 25 cent fee.

Melanie Weir

Freelance author

Melanie Weir is a freelance author for Insider, mainly focusing on the Tech Reference section, but occasionally contributing to Lifestyle and Entertainment topics as well. She is also a freelance writer for ScreenRant, and is the Lead Weekend News Editor at TheThings.com. In her spare time she writes plays for both stage and screen. She can be reached at melanie.weir1008@gmail.com, or through LinkedIn.