Cashing out Incentives within the Applause Mobile App - A Quick Guide
One of the most beautiful things about cashing out within the Applause mobile app is simplicity and ease of initiating a transfer to a bank account. In this article we will quickly teach you how to cash out in the Applause mobile app.
Quick Note: All Cash Out’s are done on the Applause Mobile App. If you haven’t downloaded the mobile app, please refer to this article: Getting Started with Applause.
You also need to have your identity verified in order to add a bank account and cash out any of your balance.
1. Login to the Applause Mobile App
Once logged into the mobile app, you’ll see be taken the main Home Screen. From this screen you’ll be able to see your current balance. You’ll then click the “Cash out” button.
2. Select Amount
You’ll then be taken to the select amount cash out screen asking you the amount you are wanting to send to your bank account for this cash out. You can cash out as often or save up your cash for a big purchase. We do provide the available balance in the home page. Once the amount you desire to withdraw has been selected, you’ll click “Review”
As it currently stands you can ONLY cash out up to the "Current Balance" available.
3. Choose Which Bank Account and Transfer Type
Once you’ve clicked the “Review” button, you’ll be taken to the following screens to let you choose which bank you would like us to transfer too. If you have don’t have any bank accounts showing as an option, please refer to this article about linking your bank account. Once you’ve made this decision about the bank account you will choose the transfer type.
Why Do Transfer Options Differ During Cash-Out?
The transfer options presented to you during the cash-out process in the ApplauseHQ app are determined by your bank. ApplauseHQ facilitates the transfer but does not control the specific options you see. Here’s how it works:
Bank's Role in Transfer Options
Banks play a key role in defining the available transfer methods and processing times. For example, some banks may provide options such as immediate transfers (Same Day) or standard transfers with longer processing durations.
ApplauseHQ simply displays the cash-out transfer options supported by your bank and selected account.
Key Takeaways
Always check your bank's transfer policies and availability to understand why certain options appear.
If a preferred option is unavailable, it may be due to restrictions or limitations enforced by your bank. Understanding these factors can help you plan your cash-out transactions better.
Standard: This option has no additional fee, it will take up to 1-3 business days depending on your bank process.
(Instant and same day options are available depending on your added bank and what they offer)
Always note at the bottom of the page the expected delivery time. This is dynamic based on the type of transfer you select and will provide an expected delivery day and time if the cash out is successful. Delivery times for transfers are also influenced by your bank's processing policies. ApplauseHQ facilitates the transfer based on the options provided by your bank.
Instant: $0.99 fee and is expected within 30 minutes.
Transfers may take up to 30 minutes and vary by bank.
Same Day: $0.99 fee and is available within 1 business day depending on the time of transfer and your bank's posting process.
Available same day by 6pm ET (when transferred before 4:00 pm ET on business days). If transfer is made on a non-business day, holiday or made after 4:00 pm ET, the transfer should be received the morning of the next business day.
4. Success! Enjoy!
You have now cashed out! Now go out and enjoy the money that you have earned!!
Conclusion
Cashing out incentives through the Applause mobile app is hassle-free and takes just a few minutes. We hope you found this article helpful!
FAQ
Q: I hit a weekly cash out limit
A: For account security there are weekly cash out amount limits to only allow a certain amount of money to be cleared out in a give week
Q: I am not allowed to cash out an amount that is marked as a duplicate
A: To limit errors and confusion, the exact same amount of a cash out can't be used as a previous cash out.
Q: Why do transfer options differ for some users?
A: Transfer options depend on your bank's policies and the type of account you have connected. ApplauseHQ displays options provided by your bank.