Transferring your cash balance

You may have a cash balance if you sell any stock or ETFs or if you receive a cash dividend. You can transfer your cash balance to a linked depository savings or checking account if you’d like.

 

To transfer your cash balance in the web app

  1. Go to your Bumped dashboard
  2. Below Total Account Value tap Transfer Cash
  3. Select a depository account, tap select and continue then select confirm transfer. If you haven’t previously transferred cash, then you’ll need to link a depository checking or savings account. To do this, tap on Link a Deposit Account. Select your bank from the list and log in to your account. Your bank may ask some security questions to ensure your identity. Once your account has been linked, tap on Transfer Cash. 

To transfer your cash balance in the mobile app

  1. Open the Bumped app 
  2. Tap Portfolio, you should see that you have a cash balance. Tap it, and then select Transfer to Account. Keep in mind, you’ll need to link a depository bank account (in your name) to the app in order to do this. 

Transfers typically take 2-5 business days to show up in your linked account.

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