The straight forward answer to that question is – Yes, you can have 2 Cash App accounts. The condition here is that you have to use two different mobile phone numbers or email addresses. Also, you have to represent (and warrant) that you own the mobile phone number or email address you register with and all personal details entered (or collected) during the sign-up process.
Cash App is useful in making instant payments using your mobile phones, and the time and effort required to go through with the transactions are quite minimal. Above all, you can make payments whenever you need to and from wherever you are. These are some of the reasons why Cash App has become quite popular, and millions have downloaded and are using the app.
Using Cash App is easy; however, you must first understand how it works and what are the terms of engagement. There are ways you can add cash to the app from your bank account and keep transferring money. You must know how to transfer cash from your bank account to the app. If you hold online-only accounts like PayPal and want to transfer money to the app, it is not feasible. You may have to transfer the money first from the PayPal account to your regular bank account before attempting to add cash to the app.
It is the same with credit cards, as well. You may be holding credit cards that permit you to draw cash from ATMs. However, Cash App doesn’t allow you to draw cash from credit cards and add on to the app balance.
There Could be Restrictions on Making Payments Too
While using the Cash App, you should be clear on how the payments are made or transferred from your mobile. On the face of it, it’s quite a simple exercise. However, there are a few small restrictions. For example, your minimum transfer amount has to be at least $1. You need to have the mobile number of the person to whom you are making the payment. If your phone is an iPhone, you can deploy SIRI to make the transfers through the Cash App. SIRI will pick the mobile number from the Contacts in your phone if you just spelled out the name of the recipient and mention the amount.
How to Open Multiple Cash App Accounts?
Matter of fact, you are not only able to use 2 cash app accounts, but you can use as many as you want to. However, there are a few limitations and requirements in this case. First of all, you will have to use a separate email or phone number for each different Cash App account. You cannot use the same email address or phone number for all the various Cash App accounts.
However, you can use the same smartphone or mobile phone to use the mobile application of Cash App in this case. Also, you will have to provide accurate and valid information about yourself while signing up for alternative accounts. There is no problem if that information is similar to another account of yours. But don’t provide wrong or fake information. Otherwise, your account will not be approved.
Another thing to note, you cannot perform a Cash Advance from one of your accounts to another. If you have done so, they might terminate both of your Cash App accounts without any prior notice. Plus, if you are going to link the same debit card to both of your Cash App accounts, it might ask you to merge both the debit cards. So, you should be aware of that.
So simply put, you can have 2 Cash App accounts at the same time without any issues if you follow all the tips mentioned above. Now, here’s how to open a new alternative Cash App account…
Steps to Follow
- Launch the Cash App on your smartphone
- If you are logged in to your Cash App account, tap on the ‘Profile’ icon from the top of the screen
- Now, scroll down until you find the ‘Sign Out’ option and tap on it
- At the moment, you will be signed out of your current Cash App account and will be redirected to the ‘Sign In’ page
- From that page, tap on the ‘Sign Up’ option as you are going to open a new Cash App account
- So, start the sign-up process by entering a new email ID or phone number
- Next, you will have to verify the phone number or email ID you have provided
- After that, simply follow all the on-screen prompts and enter all the required information for setting up a new Cash App account
That is it! From now on, you will be able to use the second Cash App account as well. In fact, you can create many more new Cash App accounts if you have more phone numbers and email IDs that were not used to create a Cash App account earlier. However, we would suggest you limit the Cash App account creation to one or two accounts for the simplicity of managing the accounts.
Credit/Debit Cards Can be Used with Cash App
Though you cannot transfer the money from credit cards to the Cash App, the cards can be used with the Cash App to do practically every other transaction. You can even settle your credit card dues by using the Cash App. For each of these transactions, the app’s menu should be able to guide you through the steps to complete them.
It has to be made clear that a Cash App is not a complete replacement to your regular bank account. It can, at best, be a supplement to help you manage your payments and transfer smaller amounts from your mobile phones.