CLOSE CASH APP ACCOUNT
Cash app is a free online platform built for sending and receiving money globally. While you may have used your account a few times since you opened it, if you are not going to use it in the future you may want to close/close it for multiple reasons.
There are a lot of new platforms like Stripe and Venmo which you may have switched over. It is possible that your account may have been hacked or your account is your business that is no longer active or you simply planned to open a new account under a different email address so it is time to close your old cash app account.
Whatever your reasons may be, closing a personal account is the same as closing a business account but here are some of the important things that you should know before closing the account. Also, one thing that you should pay attention to is that if you decide to create a new account under the same email address, all transaction history from the old account will be closed forever. Here is a guide on things you should pay attention to before closing your cash app account from the cash app website.
What to know before closing your cash app account
The first and most obvious thing to do is to check if you have any money in your cash app account. If you have any balance in your account cash app won’t allow you to close your account. That is for you to transfer your cash app balance to another cash app account, a bank account or you can even ask people to send your cheque but that will cost you a $1.5 processing fee.
The second thing that you should pay attention to is to resolve any pending payments or issues connected with your account. If it is anything related to unauthorized transactions you can involve customer service by contacting them so that they can help you resolve the issue swiftly.
As we mentioned earlier when you close your cash app account your transaction history will be gone forever and there is no way to recover it. Therefore what you can do is take a screenshot or print out your payment history in case you may need it in the future.
Now once you are sure that you want to close cash app account and have finished with all the mentioned steps above it is time to start with the deletion process. Although this is permanent and the whole process takes nothing more than just a few minutes. It is worth noting that you can simply do this from the web platform. It is not possible to cash app close your account from either the iOS or Android app.
How to close your cash app account
· First, you have to log into your account on cash app.com
· Next, move your cursor over your account name on the top right corner.
· Then select ‘Account Settings.’
· Visit the ‘Account Preferences’ option present in the left column.
· Then click Close account next to the Account type info
· If requested you can enter your bank account information
· In the final step, you just have to click Close Account
· Reasons why you may not be able to close your account
In certain circumstances, cash app won’t allow you to close your account and till the issues have been resolved. The reason for those issues may include a remaining cash app balance, pending funds for unresolved issues related to your past transactions. These are some of the reasons which may prevent you from closing your account. Once you have cleared the payment issues and money has been transferred you can easily close your account permanently.
What happens after closing a cash app account?
Once you cash app closed my account you may not be able to use it for future transactions. Your transaction history and saved details will be lost forever. Even if you create a new cash app Account under the same email address you will not be able to review your past transactions from the previous account.
Conclusion
If you have chosen to cash app closed your account because you are not happy with its service or features then it is a great time to look around options for digital payment services. Some of the most popular choices available are Apple Pay, Google Pay, Stripe, Transferwise, etc. Not only can you send and receive money using both these services but you can also earn some rewards as well as get some awesome discounts while purchasing with certain retailers.
