When hearing about Dave, many wonder how Dave works and what the problem is with the app because some have taken to badmouthing it. However, when searching for apps similar to Dave, it remains the most popular.
Now, in the world of fintech, we tend to think that all apps and technologies are compatible with each other, because who wouldn’t if this area is advancing by leaps and bounds? However, some applications do not work with others due to system issues with which they are designed or their purpose.
This can be a double-edged sword since we are used to having everything at hand and intertwined, therefore, users will migrate to digital spaces that do allow them to integrate different platforms.
Fortunately, we can already say that our favorite finance apps understood this and so they pampered their users (in a particular way, but they did it).
Is it possible for Dave to work with Cash App?
According to the Dave App page, it is not possible to receive instant deposits directly to your Dave debit card from Cash App and the like; however, you can deposit the money into your Spending account, but it will take between 2 to 5 business days. So you can now enjoy both apps with their limitations.
On the other hand, you can link your Cash App account to your Dave app, this allows you to receive your cash advance in your Cash App account and dispose of the money as you wish. Unfortunately, both apps only allow you to add a single account, so you will have to decide how good this option is.
Why can’t I make an instant deposit?
Simply because Dave App’s system does not accept prepaid apps or other products of this style, you would have to arrange the payment as I mentioned before, or use a bridge account or service to do it.
Although both are great fintech inventions, for now, they have that little incompatibility that may change in the future, as this area does not stop innovating and, surely, they will want to please their loyal users in some way.
How can I link my Dave Account with Cash App?
Adding or changing an account in Cash App is simple; however, it is also limiting, since you can only have one account added to the platform. To do so, just follow these steps:
- Log in to your Cash App
- Look for the My Cash option
- Select the “Linked Accounts” option
- Choose “Dave” among all the available ones
- Follow the instructions on the screen
And you’re done! It was as easy as opening an account in both applications. Then you will be able to enjoy some of the benefits that both applications offer. Just remember that you cannot use your Dave Debit card to receive instant deposits from Cash App.
How do I transfer money from Cash App to a Dave card?
Once you have added your Dave Spending account you can send money to Cash App, and then use it in any way you want or pay off that last-minute debt. To complete this, you must follow these steps:
- Log in to your Dave App
- Look for the “Transfer” option
- Some options will be displayed. Among them, you must select “Another App”
- Follow the instructions
This way you will be able to arrange the payment that is in your Dave Spending account to Cash App and start sending money instantly and make payments. Do not despair if you do not see the money at once, for that, you must wait a few hours.
I’ve read about the Plaid platform, but what does it have to do with anything?
Some fintech experts recommend that you open and verify your Plaid account. And if you don’t know what it is, take a few more minutes and learn about this great platform that is still trending.
It offers a fintech service that allows you to integrate your bank account with all those apps that save your skin and that you keep using.
To date, more than 7000 applications work with this app thanks also to its encryption system. So if you are not familiar with it, chances are that you have one of its products on your cell phone without knowing it.
But back to the topic, Plaid is mentioned because it serves as a means of integration for other apps such as Dave App and Cash App, because with Plaid you can share your financial information with both platforms.
What if I have a Chime account, can I link it to both platforms?
This is another magnificent invention of fintech, as it not only presents the best of traditional banking but also covers other services that will make you live an incredible experience from your cell phone.
Chime has been a revolution since it arrived and the best thing about it is that you can add your account to both applications.
So, not only will you have a bank account that allows you to register digital checks and keep track of your financial finances, but you can also enjoy the cash advance you made with your Dave app and make quick payments with the Cash app. And if you use Plaid, the data integration will be secure.
Undoubtedly, all this is a dream come true for fintech lovers and for those who can’t tear themselves away from their cell phones.
So if you’re hesitating to take advantage of this opportunity to take advantage of all these apps, you shouldn’t be. Of course, this is all optional.
If I need a small advance on my Cash App account, does it necessarily have to be with the Dave app?
However, if you require a higher amount, Dave App is the right option. This platform allows you to advance $500 only if you are an eligible user.
But I’m not done yet; because Dave App owes its fame to the fact that it does not charge fees for the loan, you will only have to pay a small amount in 14 days (28 days if you defer it) if you apply for the express fee option.
References
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Allen, James. “Does Dave Work With Cash App? (Yes, Here’s How!).” Billpin.Com, https://www.billpin.com/does-dave-work-with-cash-app/
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“Cash App Transfers.” Dave, https://support.dave.com/hc/en-us/articles/360062306431-Cash-App-transfers
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“Connecting Your External Bank Account.” Dave, https://support.dave.com/hc/en-us/articles/115001436131-Connecting-your-external-bank-account
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TruFinancials. How to Transfer Your Money From Dave App To Cash App. YouTube, https://www.youtube.com/watch?v=AZB1T32iCBU
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“What Is Plaid? | Plaid.” Plaid, https://plaid.com/en-eu/what-is-plaid/