Can You Have A Negative Cash App Balance?
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YES
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Reasons
For Having a
Negative
Cash App Balance
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1.
Your Transaction is on Hold
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Some retailers will only charge you when the goods have been delivered to you.
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Even if Cash App has confirmed your payment. The money will be deducted once you have received the goods.
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The retailers in this case will keep the charge on hold.
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Once the order is complete, Cash App will deduct the money, even if you don't have balance in your account. Resulting in a negative Cash App balance.
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2.
Additional Charges and Tips
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Sometimes a company will charge extra money after the completion of its service. This could be in the form of Tip
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Usually companies mention these charges in their terms and services. So if you have agreed. Money will be deducted from your Cash App account.
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Leaving you with a negative Cash App balance.
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3.
Disputed
Charges
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If someone sends you money by mistake and they dispute the charges. Cash App will look into this matter.
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If the decision is against you. The money will be deducted from your account even if you don't have balance. It will be shown in negative.
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3.
Not Enough Funds
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Cash App will give you some money if you don't have enough funds to cover the purchase. It will also show you a negative balance.
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I hope it was helpful. We also have in-depth guide on this topic if you want to learn more.
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