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What is the minimum withdrawal amount?

This article explains the minimum amount you can withdraw from your CUSP account.

Updated over 3 months ago

Minimum Withdrawal Requirement

The minimum withdrawal amount on CUSP is $55. This helps keep your transactions cost-effective, since each withdrawal has a flat $5 fee.


Why We Have a Minimum

Without a minimum, very small withdrawals would mean you pay a high percentage in fees. For example:

  • Withdrawing $10 would cost $5 in fees — that’s 50% of your money.

  • Withdrawing $55 or more makes the $5 fee much more reasonable.

By setting a minimum, we help ensure you get better value for each withdrawal.


Good to Know

📌 We’re actively working to reduce or remove this minimum in the future, so you’ll have even more flexibility in managing your money.


Tips for Withdrawals

  • Plan your withdrawals to avoid frequent small transactions.

  • Always withdraw to the same bank account you used for deposits.

  • Track your withdrawal status in the History section of the app.

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