Chime and Cash app are both online virtual wallet offering services like transfer of funds, receive direct deposits, access to a debit card which can be use to carryout purchase on any marchant website or make withdrawals through an active and verified account created with your full details. This two online payments app serve’s as direct alternative to a bank, instead of visiting your local bank for deposit or saves money, you could simply have it saved up in your Chime or Cash app account managing your funds on the go anytime anywhere.
Can you send money between this two platform?
Chime and Cash app are similar, but two different payments platform. Just as Guarantee trust bank and First bank in Nigeria. So the answer is Yes you can send or transfer money directly from your Chime account or clients Chime account to your Cash app account with easy, but you will need to linked both accounts together.
How long does it’s transfer takes?
Transfer of money equally means to send funds from an account to another account. It must not necessarily within the same payment platform. Transfers from Chime to Cash app takes approximately 3days from the day such transaction is initiated. The reason is simple, Cash app is a non-Chime account so all transfers need to go through series of checking before it drop.
How much can you transfer?
From Chime to Cash app you’re allow to transfer upto $10,000 daily, but not more than $25,000 monthly. All depends on you, like what you are having in your Chime account balance. On the other hand, Cash app has limitation on the amount of funds you could receive at once. However, as you continue using, provided your account is verified the limit will increase. So with Cash app you can only receive $7,000 per transaction, $10,000 per week and $15,000 per month. In a nutshell, Cash app determines the amount you can transfer from chime.
Transferring your money instantly
You don’t need a credit or debit card while transferring money from chime to cash app. All you need to do is to have the both accounts linked together. After that, follow the below steps:
- From your Cash app account, add Chime as a bank from lists.
- Open your Chime account by logging in and click send funds through Cash app.
Note: this method cannot be use to send money from your chime account to another person’s cash app account only within yourself alone. Instead, for you to achieve that, you’re left with no choice than to asked your receiver to open an account with Chime and have the funds transferred.
