2022 Maximum Cash App Transfer Limit [Answered]
The Federal Reserve has announced that the maximum cash app transfer limit will be increased from $20,000 to $50,000. This change is meant to help Americans keep more money in their pockets and avoid having to rely on expensive payday loans. The new limit will go into effect on January 1, 2022. The Fed says that this increase is necessary because the current limit “does not adequately reflect today’s economic conditions....