How To Cash Out On Instacart And Receive Money Instantly?

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Becoming an Instacart Personal Shopping Assistant gives great flexibility to make money. With tips being the major part of how you would make money, it’s important to know how to cash out on Instacart. Due to the covid 19 pandemic, the business on Instacart has been flourishing, so it’s important to know how to make all the right moves. 

Who knew getting someone else to do grocery shopping for you could be a great business model? Clearly, Instacart is onto something and has successfully capitalized on it. Now in 2022, Instacart is one of the biggest grocery platforms in North America! Instacart gives its delivery partners, aka Personal Shopping Assistants, freedom and flexibility to make money. And who doesn’t like the option to make some extra bucks in their free time, right?

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Knowing how to cash out on Instacart is important. You can cash out on Instacart right from its mobile application. Go to the ‘Earnings’ option in your Instacart app and withdraw your funds. Do note that Instacart charges a flat fee of $0.50 per transaction. Once you confirm the withdrawal, the money will be settled right into your bank account.

Instacart also announced a quick withdrawal recently, which means you only have to wait a minimum of 2 hours before cashing out. Previously the limit had been set at 24 hours. With swift background checks and flexible money-making options, you need to know a few more things about how to cash out on Instacart. So let’s get right into the technicalities!

How To Cash Out On Instacart? All You Need To Know

How To Cash Out On Instacart And Receive Money Instantly?

Getting paid when you want is the appealing factor that Instacart has. Not waiting for the monthly or even weekly payouts is very satisfying indeed. Your work gets immediately rewarded. You can do with the money as you please. It’s a great incentive for the Personal Shopping Assistants to go that extra mile in their work. Customer tips also go straight to the Instamart PSA, which is pretty awesome!

Also, Read | How To Delete Instacart Account | 3 Methods To Permanently Delete Your Instacart Account!

What Are Instacart’s Payouts Like? How To Cash Out On Instacart?

How To Cash Out On Instacart And Receive Money Instantly?

Before introducing the cash-out feature, Instacart had a weekly payout system. If you worked with Instacart, you would be paid your weekly wages and the money you made in tips every week. Paydays would usually be the middle of the week, Wednesdays. Instacart revamped this payment model back in 2019 and introduced the cashout model. 

Shoppers can now get their money into their bank account 2 hours after completing a delivery. A shopper can choose to cash out multiple times in a day, once a day, or let the money pool in for a couple of days before cashing out. Alternatively, the weekly payouts are still in order. If you haven’t cashed out in a week, your money will automatically be settled in your account by Instacart. The cashout function was Instacart’s version of instant payment.

How To Cash Out On Instacart? A Step By Step Guide

How To Cash Out On Instacart And Receive Money Instantly?

If it’s your first time working as a shopper with Instacart, you should know how to cash out on Instacart. When the feature is there for you to use, why wait for weekly payouts, right? Follow the steps given below to easily withdraw your money.

  • Open the Instacart Shopper App on your iPhone or Android.
  • Open the Earning Tab within the app.
  • First, check if there are enough funds to withdraw. There is a minimum limit of $5 set by Instacart to initiate a withdrawal request.
  • Below your funds, click on the Cashout button if you have sufficient funds. 
  • You have now successfully cashed out on Instacart and will receive a further confirmation when your money is settled. 

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Conditions To Cashing Out On Instacart | How To Cash Out On Instacart? 

How To Cash Out On Instacart And Receive Money Instantly?

If you face troubles while cashing out on Instacart, make sure you troubleshoot the possible solutions before contacting customer service. Instacart has set two basic criteria for you to be able to cash out your funds. 

  • You need to have completed a minimum of 5 orders to be eligible for cashouts.
  • Your earnings should be $5 or higher.

When you have just gotten started on Instacart, you can’t instantly cash out the first order. You will need to have completed a minimum of 5 orders to be able to do that. Which honestly isn’t so difficult and should be possible in a day or two at best. Do note that batch orders only count as one order. No matter how many sub-orders there are in a batch order, it will only be considered a single order. So get multiple orders under your belt first and then cash out easily.

If your withdrawal is still not going through after fulfilling the above two conditions, then there can be other problems. Maybe there is an error with your bank account or debit card details. Double-check them both and make sure the numbers are correct.

How Long Does Instacart Cashout Take? How To Cash Out On Instacart?

How To Cash Out On Instacart And Receive Money Instantly?

The purpose of Instacart cashout is to give instant payouts. You can cash out after you have completed delivery and receive confirmation that funds have been credited to your Instacart account. As previously mentioned, you can cash out your wages and your tips now. Instacart gave its customers the ability to modify their tips for up to 24 hours. Which meant a customer could decrease your tip within 24 hours. This has been reduced to 2 hours now. Though the customer can still increase the tip up to 24 hours, they can’t decrease it anymore.

After delivery confirmation; you can cash out from your Instacart account after 2 hours of your delivery confirmation. The money is settled instantly and is deposited in your bank account within a day. Therefore it is also very important you check your updated bank details.

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Final Words

We hope now you know how to cash out on Instacart. Our comprehensive guide gives you all the information you need to know about the cashout process. From the time it takes for you to get your money to the things that make you eligible. We have covered all the bases for you. If there is anything else you need help with, drop a comment below, and we will get back to you.

How Much Does It Cost to Cash Out on Instacart?

For every cashout transaction, Instacart charges shoppers $0.50.

Where Is Instacart Instant Cashout Available?

Instacart cashout is available to all its shoppers. The feature is available since June 2019.

Can You Cash Out on Instacart Every Day?

Technically you can cash out on Instacart every day. Instacart does not set any daily limit on withdrawals. Condition to you having a minimum of $5 in your account every time you put a withdrawal request.

No Cash Out Button on Instacart. What to do?

If you don’t have sufficient funds in your account, your Cash Out button will be grey. When you have enough funds, the Cash Out button will be green, and you can withdraw money. 

Abdul Mukeet
Abdul Mukeet
Two things define Abdul Mukeet. His love for literature and his love for food. He likes to indulge in the best versions of both of them. When he is not writing for Viebly, you can find him cooped up in a corner with a good book in his hand and a cat in his lap. Oh, yeah, he loves cats too. His interests lie in psychology and knowing what makes humans click. That is what he wants his writings to look be like too. Something that readers can click with. One day he will be an established author, till then, you can find him on Twitter tweeting lame puns and making unfunny jokes.

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