What are the limits for ATM withdrawals for the Square Card?

[Rickstaxi]

[The title of this thread has been edited from the original: what is my daily limit on square card]

all of a sudden I can't withdraw from my square card it tells me I have exceeded my daily limit  even if I wait 24 hours I can't make withdrawl I haven't had this problem before need answers please thank you 

[isabelle · Accepted solution]

Hey @Rickstaxi!

Thanks for posting in the Seller Community 😊

If you’re using your Square Card to withdraw cash, the maximum amount which can be withdrawn at an ATM is $250 per transaction, $1,000 per day, $1,000 per week, $2,000 per month.

Take a look at this article for more information. 

[mychacha1212]

Is there anyway to raise the withdrawal limit? At $2000.00 a month is rediculus considering the cost of my materials and other things I might need cash for. And it says $1000 daily or $1000 a week which is kinda crazy lol anyway is there anyway to change the amount on the daily weekly & monthly limit?? 

[AshleyK]

Hey! At this time, we are not able to raise the limits for Square Card, but we are tracking the feature request. Thank you!

[TCCcoolville]

This is my money in account and it’s limited that’s crazy my paint Supplies can cost more then monthly withdraws and if I need it right away I get charged to instant transfer to my debit card.

[geng]

that's what I'm going through my paint supplies can be expensive based on the client....may need to look at other options...I'm a lil peeved at paying the % to transfer to my local bank if needed immediately.  

[Johnnie1]

Please can we change the limit to withdrawal money from an ATM ! Thanks 

[Joe]

Hi there, @Johnnie1 - thanks for adding your voice here in regards to Square Card. While we don't offer the ability to raise the card withdrawal limit just yet, our Product Teams are monitoring this thread. We will be sure to reach out to everyone here when we have an update regarding this feature.

Thanks, again!

[Nejace]

This is a huge problem for me as well and seems to be quite ridiculous. It needs to be raised. It’s our money so give us access to this. 

[joytotheworld]

I need the daily limit increased as well. I havent been able to withdraw what I need when I need it.

[Fixithaulitinst]

Yes I’m going through the same issue of over limit.  1. It doesn’t tell me the amount and timeframe I have to wait. 2. This is a big issue and I have to weigh my options.  I’ve had not many problems with square invoicing and online payments but now I can’t take out cash to pay helpers and I’m having issues with my linked bank account relating to a email not active to link account.

awesome, Banks are not my favorite business. Highway robbery is not a crime.

[miltonhunt]

How to I set the my card to a higher limit montlhy withdraw?

[geng]

so  we  have to withdraw $250 multiple times to get the mount we want without exceeding the daily limit??

[Amanda7]

How can I change daily limit for cash withdrawals?

[ashc]

Hi @Amanda7,

I moved your post to one of the existing threads that goes over this.

Check out the thread for more info!

[RomanAmg]

Having problem withdrawal  my money how can I raise limit

[miltonhunt]

How can I increase my monthly withdraw amount?

[bodmodshop]

I'm also requesting lifting the withdrawl limits, it's definitely hindering my ability to use square for my business... as others have stated, with how business currently is, I need to withdraw *at least* 1000/week every week for supplies, etc. This is a business account, so consistent large expenses are to be expected...

*edited to add:

Also, Square is now pretending to be a real bank now, giving us routing/account numbers, changing "Capital" to "Loans", etc... so it's even more perplexing that they would still keep this weird, arbitrary limit.

Very unfair to small businesses that are the only reason Square exists.

Edited again to add:

venmo, for example "allows" between $11,200 & 12,400 in atm withdrawls a month ($400/day), & even *you* allow $10k per transaction w/ no limit on how many transactions for transfers from square debit acct. So this $2k monthly limit is just you being petty & spitting in the face of those who make your money for you... pretty messed up if you ask me.

Edited yet again: 

Even *your* product, cashapp (I know you try to pretend you're not the same, but let's be real for a second) allows for $1000/week & doesn't have the 2k monthly limit, so 2x the monthly withdrawls when using a product that people use routinely to try & avoid taxation. Looks like we're being punished for trying to run a business by the rules.

I'm sure you'll pull the old "you can transfer your money out" but that's an extra step you're trying to force just because you want to be stubborn.

[Lucci]

How can I raise my monthly ATM withdrawl limit?
For a business account, limiting to $2000/month, is effectively limiting my business working capital to $24,000 a year.  

This is ridiculous.

And forces me to find another service to use for my business needs.

FYI. 
Withdraw caps are the exact reason I left PayPal and started using Square.
It's my hard earned money. No financial institution should dictate how I access or spend my money.

[Frida]

@Lucci,

We see its your first post on the Seller community, welcome!

Currently there is no ability to raise the ATM withdraw limit on your Square debit card. Though this is not an ability at this time, 

we will be sure to pass your feedback along to the appropriate team.  I'm going to move your thread to a similar post here. Check out @isabelle's answer too.

[Brad23]

Any updates on this??