We have talked so much about how convenient Cash App money transfers are but did you know that you can’t do it without first finding out about Sutton Bank Cash App routing number?
Interesting Topic – instant transfer method with routing & account number
However, accessing most of these features require that you get to know about your Cash App account routing number.
Why Is Sutton Bank Cash App Routing Number Important?
Now that you know where to fund the Cash App routing number, you might be wondering why this combination of digits is so important.
Well, it is obvious that users need to know their routing and account number when sending and receiving funds from other accounts.
You can conveniently avoid writing checks or physically visiting a bank but you would first need to have all the information about how money transfers via Cash App work.
Most of you would know how routing number and account number are necessary when making a purchase online or transferring funds through your bank account.
This is because they help the authorities identify where your account exists and validate it before the money transfer could be processed. Two most important jobs for a routing number are:
1. Allows Quick Transfer of Money
When you are using the routing numbers to make direct transfers via Cash App, it might help you get finished with the transaction quickly. In fact, money can be exchanged instantly in some cases whereas other transfers may take up to 3 days.
2. Makes It Easy To Recharge Debit Card
Routing number is also a pre-requisite when loading money on to Cash App. You would need to provide the account number from where you are transferring the money as well as the routing/account number for your app account.
Attention! If you are suspicious about your Cash App PIN being leaked then hurry to change it as soon as possible. You can do so by tapping on the account icon and clicking on Privacy and Security. Then tap on Change Cash App PIN and provide finger verification before you can enter the new PIN. You will receive a text or email to confirm that the task is complete.
Alternative to this, you can simply request a family member or a friend to send you the funds but that would also require them to enter the correct information for your Cash App account.
Where To Look For Sutton Bank Cash App Routing Number
Some users might be under the impression that routing/account numbers are only utilized by Big Banks like Bank of America or Express. Not true!
These numbers are used to specify a region and an account for a specific financial institution.
Since Cash App works much like an online bank or credit union, it only makes sense that it should also use a reliable routing and account number system with its customers.
If you are having trouble finding out where your Cash App routing number is writer, we are here to help! Just grab your smartphone or laptop and follow the instructions below.
- Using your smart device, login your Cash App account and then click on $ symbol. This would be present at the left corner of the screen and would take you to My Cash section.
- Then you have to tap on Cash button and choose Direct Deposits from the options below.
- Since you are not aware of your routing/account number, you now have to click on “Get Routing Number”.
- Once the account information pops up on the screen, select Copy Account Details and then choose Copy Routing Number in the next step.
Now you have the data you need and you can send it to the other person who needs to make direct deposits to your account.
Note! You can also change the routing number on your Cash App but this is only viable if you are shifting states. Then you can validate via your email ID and request the authorities to update the routing number accordingly. Account number, nonetheless, would stay the same.
What To Do with The Routing Number Once You Have It?
Each routing number is specific to a Cash App account.
As you would know, you cannot create more than one account with the same phone number or email ID. However, you can register the new account to another phone number or email address.
The main aim of getting the routing number is to be able to transfer funds between different accounts. The procedure is quite simple. Here’s what you need to do:
- First of all, open the Cash App account and login by providing your credentials.
- Once you are in, provide the amount of money that you wish to transfer.
- Then tap on Pay and mention the information of the other account to which the funds will be sent.
Cash App may also inquire why you are sending the funds. However, you can simply state the reason as private as there is no need to explain in detail. Finally, tap on Pay and the funds will be sent to the recipient account.
Cash App – Pros vs Cons
Cash App was launched by Sutton bank as an efficient platform that could help the public exchange funds easily and quickly. It hosts a wide variety of features like direct deposits, online money management, ATM withdrawals, and much more.
For an app that has successfully won millions of users in such a short period of time, there has to be something special going on!
The list of advantages for using Cash App and Cash App card is long. Therefore, we will discuss some of the most important pros here to give you an idea about the perks and benefits of becoming a Cash App user.
Least Number of Fees
What got us hooked to this application was the fact that it charges no fee for any essential service.
This means you can send and receive fund on Cash App from other accounts without paying additional charges.
Free ATM Withdrawals
Moreover, there is a way to earn free ATM withdrawals as well. This would require you to set up direct deposits on your account and hooray! No more paying $2 for every time you take out cash from your Cash App account at an ATM. Isn’t that great?
Cash App Debit Card
Cash App also offers an impeccable debit card that is much like a card you would get from a conventional bank. It lets you make online and in-store purchases, pay at restaurants, grocery stores, etc., and allow you to take out cash at ATM as well.
Attention! Cash App has recently introduced features that allow users to invest in stock market and bitcoins. As a result, you can smartly use the money in your account to make more money!
So, What’s The Downside of Using Cash App?
Obviously, the app is not without its flaws and shortcomings. However, the real question is whether its advantages can out-weight the cons or not. Take a look at them and you can decide for yourself.
Not FDIC-Insured
First of all, Sutton does not hold the money you put in your Cash App account. This means that, although Sutton Bank is FDIC-insured, your money will not be.
In cash the app collapses in the future, there is no way to get your money back and this is a huge concern for people who are holding large sum of money in their accounts.
Cash Transfer Limit
Cash App has a restriction on the amount of money that you can transfer or receive.
Each user is only allowed to have a maximum of $7000 transaction in a day via Cash App debit card and up to $10,000 per week.
Similarly, the limits apply on ATM withdrawals as well. You can take out $1000 per week which is quite a small amount as compared to some other competitive services.
Extra Hidden Charges
Lastly, some fees that the app has introduced annoying. For example, you will have to pay 3% charges if you reload your Cash App card using a credit card. However, if you transfer the money first to a linked bank and then to Cash App, there are no charges.
Wrap Up
So this was all about Cash App and its routing number. Now you know where to look for the digits and why this particular number is important.
Undoubtedly, Cash App is one of the most reliable online money transfer apps that you can use to send and receive funds. However, you must have all the required information to do so beforehand. This includes Cash App routing number along with account number that we hope you won’t have any trouble finding out.
If you are left with any queries or wish to make a suggestion, feel free to drop the comments and questions in the section below.
Stay in touch!
Frequently Asked Questions About Sutton Bank Cash App Routing Number
Does Cash App have a routing number?
Yes. Each Cash App account has its own routing number which is generated when an account is made. You may not be able to see this number on the screen but you can find it within Cash App settings.
Does Cash App charges fee for sending and receiving funds?
The app charges no fee for any essential service. This means you can send and receive fund from any other account without paying additional charges. Moreover, there is a way to earn free ATM withdrawals as well. This would require you to set up direct deposits on your account.
Is it possible to change Cash App routing number?
Yes. You can change Cash App routing number when you move to a new location or create a new Cash App account. This account needs to be registered at a different phone number or email ID.
Where can I find Cash App routing number?
You can view it by opening the Settings menu. Then tap on the Cash option and press Funds. Scroll down to where you will find account information. Here the account and the routing number will be listed.
Jamie Johnson is very enthusiastic Kansas City – based freelance writer, and her core expertise are finance and insurance. She has been endorsed on several personal finance, insurance & business website to share her thoughts. Her publications can be found on famous sites like Bankrate, The Balance, Business Insider, Chamber of Commerce and many others.
From many years, she served more than 10,000 hours of research and writing to more than 2000 articles related to personal finance, credit building, mortgages, and personal and student loans.
