How to Delete Cash App Account in 2023: Rapid Guide

Cash App is one of the most popular mobile payment services in the United States at the moment. This app not only allows users to send and receive money from friends and family members but at the same time grants users the ability to trade stocks as well as buy and sell Bitcoins. 

However, there is still a little chance that you may want to learn how to delete cash app account. There can be several reasons for doing that, but we will leave it to your better judgement. Maybe you no longer use the app enough to have it on your phone, or you want to switch to a different mobile payment application. This blog will focus on things you need to keep in mind before deleting the Cash App, steps on how to delete cash app account and a lot more.

How to Delete Cash App Account

Things To Keep In Mind

Before you learn how to delete Cash App account, users like you should know that deleting your Cash App account has its own repercussions. One of which includes getting all details of your transaction history deleted with the application. Below, we have mentioned things that you should keep in mind before deleting your Cash App account. 

  • Users should make sure that their Cash App accounts have no funds in them. Once deleted you won’t be able to retrieve these funds. Steps on how to do it are mentioned in the next section. 
  • If have used a Cash App account to buy stocks, make sure that you either transfer them or sell them out. 
  • Cash App also allows users to buy and sell bitcoin, if you are thinking about how to delete Cash App account, you should also sell these bitcoins. 
  • Users should also review all of their linked accounts in their Cash App account. These linked accounts can be anything from a Credit card or another payment service. Once you have deleted your Cash App account and you notice any suspicious activity, you should report it to your financial institution immediately.
  • Before deleting your Cash App account, you should remember that once you delete your Cash App account, users are not allowed to use the same phone number or email address to create a new account. 
  • Before you close Cash App account you should check for any outstanding transactions in their Cash App account as they might have some outstanding transactions or pending transfers. If these transactions are not complete, you might lose money.

How To Transfer Funds From Cash App 

The first thing that you should do before learning how to delete Cash App account is that you make sure that there are no funds in your Cash App account. Follow the steps mentioned below to transfer funds out of your Cash App. 

Step 1: Open the Cash App on your iOS or Android devices and log in to your account.

Step 2: On the bottom of the screen, you will find the “Balance” tab, tap on it. 

Step 3: Once you can see your account balance, right next to it is the “Cash Out” option. Tap on it.

Step 4: Choose a deposit speed; instant or standard. Standard will get you the money in up to three business days while the instant option will give you your funds instantly. Also, keep in mind that it Cash App will charge a 1.5% fee. 

Step 5: Now, the Cash App will ask you to select your bank from the list of supported banks and then you will have to enter the required information. Once you tap on the confirm, your fund transfer will be initiated. 

Want some extra cash? Read our blog on How to Borrow Money From Cash App: Easy 5 Minute Guide!

How To Sell Stocks in Cash App

If you are going to close Cash App account, you need to sell your stocks in the Cash App account. If you want to sell the stocks, make sure that you follow the steps mentioned in this section. 

Step 1: Open the Cash App on your iOS or Android devices and log in to your account.

Step 2: Tap on the “Investing” tab on the home screen of the Cash App account.

Step 3: In the investments tab, you will see all the current stock holdings you have and their current value.

Step 4: Now if you are going to sell all your stocks, you can tap on the “Sell All” option. 

Step 5: Set the selling price for the stocks you want to sell in the Cash App option. Users can either set a limit order to sell the shares at a specific price or choose to sell at the current market price. 

Step 6: Once you have decided your sell price, all you have to do is give the app a confirmation for the sale. Now that you have confirmed, you can wait if you have set a price, and if not you can simply check your funds to make sure that the amount has been received. 

Note- Users should remember that the Cash App charges a $1 minimum fee for each transaction made for any stock trading. 

How To Delete Cash App Account

Now that you know what needs to be done before deleting the Cash App account, let us take you through all the steps that you need to follow in order to learn how to delete Cash App account. 

Step 1: Open the Cash App on your iOS or Android devices and log in to your account.

Step 2: Towards the upper left corner of the Cash App home screen, you will see a profile icon, tap on it. 

Step 3: From the Accounts and Settings tab, you will have to scroll down to the “Support” section, and tap to open it. 

Step 4: Scrolling down to the last option, “Something Else”. Among the several options, click on “Close my Cash App Account”. 

Step 5: Once you get through the process, Cash App will ask you to give a final confirmation. All you need to do now is press “Confirm Closing Account”. 

Step 6: Follow the on-screen instructions and then you will have completed learning how to delete Cash App account. 

Things To Do After You Close Cash App Account

If you have followed all the steps mentioned in the section “How to Delete Cash App Account” above, you must have successfully deleted your Cash App account. Although you are practically done, there are a few things that we recommend that you do post deleting the Cash App account. 

Delete The App From The Device

Now that you have deleted your Cash App account, the Cash App application is not going to be of any use. This is why you should ensure that none of it remains on your phone. Any data leak or security threat from the application should affect your phone. 

Confirm That Your Cash App Account Has Been Deleted

Even though you have deleted your account yourself, you should attempt to confirm that it has actually been deleted. You can do this by checking for a confirmation email that the Cash App might have sent to the email address associated with your account. You can also do it by trying to log in to your deleted account. Unable to confirm? Visit Cash App Support to know more.

Bonus Content: Cash App Alternatives

If you have this blog till the end, we can say that you have learnt how to close Cash App account, the video below will help you with Cash App alternatives.

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