What Is the Cash App Bank Name – Know All About Them

The Cash App has millions of users all over the U.S and U.K. The app allows people to create direct deposits through which they can receive their paycheck two days early. But to set it up, you need to know the bank name of the Cash App. Many people wonder what is the Cash App bank name.

The Cash App is not a bank. It is a mobile money management platform that you can use to exchange money with other businesses and individuals. But it does have a banking partner. Sutton Bank and Lincoln Savings Bank are two of its FDIC-insured partner banks. If you have been confused about the banks with which this app partners, read this entire article.

The Bank That Cash App Uses

There is not one Cash App bank name. It outsources critical banking operations to its banking partners. These are Sutton Bank and Lincoln Savings Bank. Both these banks perform different functions.

The Sutton Bank offers services pertaining to the Cash App Card, which a prepaid debit card. On the other hand, the direct deposit feature of the Cash App is supported by the Lincoln Savings Bank.

Out of the two banks, Sutton Bank is more visible. You may know that Cash App also allows people to trade and invest in Bitcoin. But in this case, the two banks aren’t involved.

Here are the detailed addresses of these two banks.

● Lincoln Savings Bank

1. Address – 508 Main St, Reinbeck, IA 50669

2. Date of revision – 042814

3. Zip – 50669

4. Phone number – (319) 788-6441

● Sutton Bank

1. Address – 1 S Main St, Attica, OH 44807

2. Date of revision – 082106

3. Zip – 44807

4. Phone number – (419) 426-3641

The Steps to Find Your Cash App Bank Name

It is not extremely necessary to find your Cash App bank name. This is mainly because neither the Cash App Card requires the bank name for activation nor it requires it to exchange money.

Also, you don’t need to know the bank name when setting up your direct deposit. Still, if you want to find out the bank name, account, and routing number of your Cash App, follow the steps here.

● Open Cash App.

● If you aren’t logged in, do so.

● Now, find the ‘Banking’ tab and touch it.

● Scroll down a bit.

● You will see the ‘Transfer & Deposit’ option.

● Click this option.

● After that select ‘Direct Deposit.’

● A screen will open. It will feature your Cash App routing number.

● Now, in order to find the bank that links to your Cash App, simply copy this routing number.

● Paste it on the Google search engine. You will easily find the bank name that is connected to your Cash App account.

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POINT TO NOTE: The routing number of Sutton Bank for the Cash App is 041215663. The routing number belonging to Lincoln Savings Bank is 073905527. Whatever routing number you find, it will be the one that you will use for direct deposit.

Create a Direct Deposit in the Cash App

Now that you know what is the Cash App bank name and how to find the routing number, you can set up a direct deposit. Setting up the direct deposit lets you receive upto $25,000 in one deposit. In a single day period, you can get upto $50,000.

To begin the setup, sign into your payroll provider from the ‘Money’ tab. Now follow these points.

● On the Cash App home screen, touch the ‘Money’ tab.

● Now choose ‘Direct Deposit.’

● Touch ‘Get Started.’

● It is below the ‘Automatic Setup’ option.

● Find your employer.

● Now go by the prompts on the screen.

● Enter the correct credentials for your payroll provider when prompted.

An alternative method to set up direct deposit

Some people are unable to see their employer as an option. In this case, they can set up direct deposit in another way.

● Go to the ‘Money’ tab on the home screen of the Cash App.

● Choose the ‘Direct Deposit’ option.

● Use the boxes beside the account and routing number of the Cash App to copy them.

● Now paste them directly into your payroll provider.

Is Cash App Safe to Use?

Yes, Cash App is a fully legit money exchange platform. It utilizes advanced encryption to protect the money of its users. It is as safe and legitimate as various other money transfer applications in the market.

But remember that no money transfer platform is fully safe and secure. Do you want your Cash App balance to be FDIC-insured, which means that your deposits are protected up to applicable legal limits? You need to have a Cash Card.

As already mentioned, the debit card partner of the Cash App, Sutton Bank issues the Cash Card. Cash Card is also beneficial if you don’t desire to connect your bank account with the Cash App.

How to Get Your Cash App Card?

You can easily access your direct deposit details once you get your Cash App card. To order it, go to the app’s home screen and hit ‘Cash Card.’ Tap ‘Get Cash Card’ and then ‘Continue.’

When the card arrives in about ten days, activate it by using your camera and scanning the unique QR code.

Summing up

Hopefully, you are now well familiar with the bank names with which the Cash App partners. Use them while setting up direct deposit. Activate your Cash App Card to set up the direct deposit.