How To Change Cash App From Business To Personal Account 2022 from Robert Martin's blog

Do you know Cash App facilitates switchable accounts from personal to business and vice-versa? It means a Cash App user is not able to use both personal and business accounts simultaneously. Personal account is a Cash App default account but you can switch to a business account any time. Further Cash App does not allow you to have two Cash App accounts simultaneously however, technically, it is possible provided you are using different mobile numbers, email addresses, and other details. However, we are here to discuss how to change Cash App from business to personal.

Personal account is limited to one person use but a business account is designed to meet business requirements or is suitable for business transactions. In short, you can make more transactions with a business account; you can receive unlimited money via a business account. On the other hand, you can make less transactions with a personal account than a business account. At some point, both are important as both come with Pros and Cons. 

Account

Personal 

Business

Pros 

• Easy user interface
• Very less fees
• Invest in stocks and Bitcoin
• No transaction fee (send/receive)

• Quite easy set up
• No fee for sending money
• Easy to manage

Cons

• Charge 1.5% fee for instant transfers
• Low limit for unverified users
• Only available in the US and UK
• No FDIC insurance cover

• Charge 2.75% fee for direct deposits/incoming payments
• Doesn’t issue receipts
• Not insured with FDIC

We have mentioned the important Pros and Cons of each account. So, you can decide which account is good for you. Further, if you have changed your Cash App from personal (default) to Business and want to change it back to personal, follow this stepwise guide. 

You can change your business Cash App account to personal Cash App by following these steps:

1. Open the Cash App and log into your account (if you have already downloaded).
2. On the home screen top right corner locate profile icon and tap on it. 
3. Scroll down to select Support from the drop-down list. 
4. Then tap “Something Else”
5. From the drop-down list you get, click on “Cash for Business”. 
6. Next, tap Customer Support.
7. Tap the “chat” option and explain that you would like to change your Cash App from business to personal. 
8. Wait for a reply as they get back to you with a solution to your concern. 

People change their Cash App from business to personal account when:

• They have no use of it or when the business account is no longer operational. 
• Many of the users change their business account to personal because of better customer services. As many organizations respond better to  personal accounts than a business account. 
• With a personal account, it becomes easier to send and receive money to and from friends and family members. 
• With a personal account, you have access to all of the features and tools which are not available with a business account. 
• To avoid high instant deposit charges as Cash App charges 1.5% for same-day or fast deposits. 

Yes, Cash App users can set up a business or personal account and later they can switch their accounts Business account to personal or vice-versa. Cash App business accounts are good if you sell products or services. 

Yes, it is possible technically provided that you have used different mobile numbers, email addresses and other details for both accounts. If you have two mobile numbers and email addresses, you can follow the steps as mentioned below:

• Suppose if you are logged into your personal account then log out. 
• Click on sign up or register option there. 
• Fill the details asked and complete the registration with different phone numbers and email addresses. 
• If your earlier account was personal, set the second one as business. 
• So, you can use both accounts on the same device without switching them. However, you need to log out each time to use another account or you have to use two devices to avoid the log-out issue. 

We conclude by saying that people can change their Cash App from business to personal by following the steps as shown above. Also, we have mentioned the reasons why people want to change their business account to personal account. So, if you want to change How to Switch your account from business to personal in Cash App, follow the steps as shown above. Also, follow the method discussed above to enjoy both the accounts simultaneously on the same device. 

Read also: how to activate cash app card