How To Deposit a Paper Check on Cash App – Complete Guide
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Summary:
Select Cash App users can deposit a paper check using the Mobile Check Capture feature. If the feature is available to you, you can deposit your check in just a few minutes in the Balance section of the app. You’ll want to make sure your check meets Cash App requirements and limits and that your contact information is up to date.
Virtually everyone has a computer in their pocket. This opens up the opportunity for convenient and secure banking online. Paper checks are few and far between, but they aren’t extinct. Cash App offers a mobile check deposit feature that gives users an easy way to access paper check funds. However, there are a few important details to be aware of before you use this feature. Let’s take a look at how mobile check depositing works in Cash App and how you can get money from physical or paper checks in the app.
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Financial apps and online banking
These days, most financial institutions offer online banking, which conveniently allows you to access your financial information, deposit checks, and transfer money all from your computer or phone.
In recent years, third-party financial apps have gained popularity for similar reasons. Apps like Venmo, Cash App, and Apple Pay make sending and receiving money easy and even fun. These apps have become a sort of extension of traditional bank accounts: you can link your accounts to an app to easily move money back and forth.
Moreover, some apps now offer debit cards. These allow you to pay for goods and services directly from your app’s balance. It seems the more financial apps advance, the more similar they become to traditional banks. In other words, as technology advances, the line between financial apps and banks becomes increasingly blurred.
This is especially evident in the fact that you can now deposit a check using Cash App. If you’re a Cash App account holder, you no longer have to go through the process of depositing checks into your bank account and then transferring those funds to Cash App. Instead, you can deposit checks directly into the app.
Pro Tip
Need to transfer money quickly and securely? Use SuperMoney’s comparison tools to find the best money transfer apps currently on the market.
What is Cash App?
In the company’s own words, “Cash App is a financial services platform, not a bank.” The following are Cash App’s four main services:
- Send: This is the app’s original service. Send and receive money to and from individuals and businesses.
- Spend: Customize a debit card and use it to make purchases with your Cash App balance.
- Bank: Direct deposit funds into your Cash App account. Deposit paper checks using the mobile check deposit feature, “Mobile Check Capture.” Use your debit card at ATMs.
- Invest: Invest in stocks and Bitcoin with Cash App’s investing platform.
If you have a Cash App account, you probably already know the basics of its most prominent services. Now let’s dive into one of the app’s newer features: how to deposit a paper check on Cash App.
Requirements for depositing a paper check on Cash App
As with any check-cashing service, there are a few requirements you need to meet in order to deposit a paper check through Cash App. Make sure your check meets the following eligibility requirements — from Cash App’s “Mobile Check Capture Terms and Conditions” — before attempting a deposit:
- The check is written to the order of you, or jointly to you and another person.
- The check is in your possession and control.
- The check is drawn on or payable by a bank, credit union, or other depository institution in the United States.
- The check is payable in United States dollars.
- The check has been properly signed or similarly authenticated by the maker.
- The check does not exceed your Mobile Check Capture limits.
- The check is dated, and the date of the check is in the past, but no more than 90 days earlier than the date that you submit it through Mobile Check Capture.
- Neither the check nor any electronic image generated with the check has been cashed or deposited previously, by you or anyone else.
- The check has not been altered in any way, except for the endorsement.
- The check has been endorsed by you strictly per the instructions given and has not been endorsed by you or anyone else before.
- The check has not been dishonored previously, nor are you aware of any reason to believe that the check will be dishonored.
If your paper check meets all 11 of the above requirements, it is an “eligible check.” You may then proceed to deposit the check through Cash App.
How to deposit a check on Cash App
Depositing a check on Cash App is quick and simple. Follow these steps to get your paper check funds deposited directly into your Cash App account:
How to deposit a check on Cash App
- Make sure your check is eligible per the requirements listed above.
- Open Cash App (make sure you have an account set up).
- Tap on the Balance icon at the bottom left corner of your screen.
- Find and tap on the “Deposit a check” option. (If you can’t find it, that means this feature isn’t available to you yet.)
- Enter the amount of the check.
- Use your phone’s camera to take a photo of the front and back of the check as instructed.
- Tap the Submit button.
What to do after depositing a check on Cash App
After you follow the steps above to deposit your check, your money won’t be available right away. Cash App may take one to 15 business days to clear your check and make the funds available in your account (business days include all days that are not Saturdays, Sundays, or federal holidays). In the meantime, make sure you take the following steps:
- Wait to make sure your submission goes through before closing the app.
- Make sure your contact information is up to date in your Cash App account. If there are any issues with your check deposit, Cash App customer support will contact you.
- Keep the original paper check in a secure place for at least two weeks. You may destroy the check after two weeks unless otherwise instructed by Cash App.
- Check your Cash App, email, and texts regularly. Monitor any notifications and wait to see if your check funds appear in your account.
- If necessary, contact Cash App support with any questions or concerns about your deposit.
What to know about depositing a check on Cash App (limits and fees)
When depositing a check on Cash App, be aware of the following fine print listed in Cash App’s “Mobile Check Capture Terms and Conditions”:
- When you use the mobile deposit feature, Cash App may capture and retain various data from your mobile device, including time and geolocation data.
- Cash App has the discretion to accept or deny checks based on the check’s eligibility and the standing of your account. Cash App also reserves the right to reverse its decision but will notify you if it does so. Checks can still bounce within Cash App.
- Mobile check deposits are free on Cash App. In other words, you won’t have to pay a fee for using the service. The only additional fee you may encounter on Cash App is a 1.5% charge for instant transfers.
- Cash App may enforce deposit limits. They do not yet disclose what these limits are, and they may vary across account holders. Cash App may limit the number of checks you can deposit per month, the amount you can deposit per check, or the amount you can deposit per month. You can check your limits by tapping on the Balance icon, then tapping the Limits option. You may request limit increases through the app by providing identifying information.
- Cash App may change its terms, conditions, and app configuration over time. Keep up to date by regularly browsing the app and checking the Cash App terms and conditions.
Pro Tip
Cash App doesn’t guarantee quick availability of funds in your account when you deposit a check. If you need funds right away, consider other options instead, such as cashing the check at your bank or credit union.
What if I can’t deposit a check on Cash App?
As of late 2022, Mobile Check Capture isn’t available for everyone. Cash App doesn’t specify who is eligible for the service and why. If you can’t find the option in your app, that likely means it’s not available in your account just yet.
You can contact Cash App support to try to enable the feature. Otherwise, keep checking back, as it may become available to all users soon.
FAQ
Can I use Cash App without a bank account?
Linking a bank account isn’t required to create a Cash App account. However, to use most of the app’s features, you must link a bank account.
How does Cash App work?
Cash App is a financial service platform that offers money transfer, spending, banking, and investing features. The app is fairly easy to use: if you want to send someone money, you simply need to link your bank account and transfer money into the app, then send the money to your recipient.
You can check out Cash App’s features by browsing the app or visiting the Cash App support page.
Which is better, Cash App or Venmo?
Cash App and Venmo are similar in that they both offer a quick and easy way to send and receive money. Neither is necessarily better than the other; they each offer different features that make them more appealing to different customers. That said, Cash App currently offers more diverse financial services than Venmo.
How do you get money from Cash App?
If you want to withdraw your Cash App balance, you need to link a bank account. Tap the Cash Out button in the Balance tab of the app and select how you want to receive the money.
Does Cash App deposit checks instantly?
Cash App does not currently offer instant check deposits. You may have to wait a few business days for the funds to be available.
How long does it take to deposit a check on Cash App?
Once you have an account set up, it takes only a few minutes to deposit a check. After that, Cash App states that it can take one to 15 business days for the funds to appear in your account.
Key Takeaways
- Depositing a paper check into Cash App is easy. Once you make sure your check meets the eligibility requirements, simply find the check deposit features in the Balance tab of Cash App and follow the app’s instructions to complete your mobile deposit.
- After you deposit a check, the funds will likely show up in your account within one to 15 business days. Keep your paper check for two weeks and make sure your contact information is up to date in case a Cash App representative needs to contact you.
- Cash App offers its mobile check deposit feature, Mobile Check Capture, to some but not all of its users. If you don’t see the option in your app, this means it’s not available to you yet. However, it may become available soon, so keep checking back!
As easy as they may be to deposit in Cash App, paper checks can be complicated and difficult to use. Fortunately, SuperMoney has plenty of guides to help you understand everything you need to know about checks, including the difference between single and duplicate checks, how to mail a check safely, and how to void a check.
Need a bank account to use with Cash App? Use our comparison tool to find the best checking accounts for your needs!
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