Get all the details for everything in the Cash Flow menu including the QuickBooks Cash account, envelopes, and the Cash Flow planner.
Cash Flow menu
Learn more about the Cash Flow menu.
Can any user sign up for QuickBooks Cash?
Master or Company admins can sign up for QuickBooks Cash. The person that applies and is approved is the only user that can move money to and from your QuickBooks Cash account. Any Master or Company admins that didn't apply can see account balances. However, they can't move money around.
I'm a co-owner of a business that's applying for QuickBooks Cash. Is my sign up process different?
The signup process is the same, but you need to answer a few additional questions.To comply with bank regulations, we're required to collect information about co-owners (also known as beneficial owners) of legal entities that aren't sole proprietorships.
A beneficial owner is any individual with a significant ability to control, manage, or direct the legal entity and/or who owns 25% or more of it.
If you have a beneficial owner(s), you can tell us about them when you sign up. You don't have to fill out everything to finish the application. But we recommend you do it right away. You can come back to the Cash Flow menu later on to finish the form. You'll also receive email reminders.
You must submit your beneficial owner information within 30 days of signing up for QuickBooks Cash. If you don't, your account will be closed.
I applied for QuickBooks Payments, but I didn't get QuickBooks Cash. Why wasn't I eligible?
If you applied for QuickBooks Payments and QuickBooks Cash, you may only qualify for Payments and not QuickBooks Cash. Learn more about Intuit's Acceptable Use Policy for more info about prohibited activities and business types.
QuickBooks Cash is a business bank account. As such, we must verify the identity of the individual and business opening the account. The information you provide in the application allows us to screen for individuals, businesses, industries, and geographies that we aren't permitted to serve.
If you believe your application was declined in error, ensure the information you provided is correct and submit it again.
QuickBooks Cash account
Learn more about the QuickBooks Cash account.
Are there fees involved with my QuickBooks Cash account?
Fee Type |
Fee |
Monthly Fee |
$0 |
In-network ATM withdrawal |
4 free withdrawals per monthly statement cycle. $3.00 per transaction thereafter. |
Out of network ATM withdrawal* |
$3.00 per transaction |
Teller Cash withdrawal |
$0 |
Out of network balance inquiry at an ATM |
$0 |
Replacement Card (for lost, stolen, or damaged cards) |
$0 |
Foreign transaction fee |
3% of the total transaction amount |
*You may also be charged a fee by the ATM operator in addition to our fee (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
How much can I transfer?
You can transfer up to $250,000 per day into your QuickBooks Cash account and $50,000 per day out of your QuickBooks Cash account.
APY for QuickBooks Cash accounts
Learn more about QuickBooks Cash.
What's the annual percentage yield (APY) for my account?
Annual percentage yield, also known as APY, is the rate used to calculate how much interest you earn on money in your account.The APY for QuickBooks Cash is a “compounded interest” rate. That means you earn interest on the money you put into your QuickBooks Cash account, and on interest the bank pays you.
How do I see my interest rate?
The interest rate is variable and may change at any time. To find the current rate for your balances:
- Go to the Cashflowmenu.
- Select Manage account.
- If you're on a web browser, look for the Your benefits section. Or select View info if you're on mobile.
How often do I get paid interest?
Interest is paid into your QuickBooks Cash account. This includes money in envelopes. It’s calculated at the end of each statement cycle. Your cycle starts on the day your account was approved.So, if your account was approved at the end of the month on the 29th, 30th, or 31st, your statement cycle starts on the 1st of each following month.
How is the interest calculated?
It’s calculated at the end of your statement cycle using the average daily balance over the previous 30 days. We calculate interest separately for each of your envelopes and your QuickBooks Cash account. Check your transactions or monthly statements to see how much you earn for each. To access your monthly statements:
On a web browser
- Go to the Cash Flow menu.
- In the QuickBooks Cash section, select View account.
- Select Manage Account.
- Select QuickBooks Cash account and then Monthly Statements.
On the mobile app
- Go to the Cash Flow menu.
- In the QuickBooks Cash section, select Manage.
- Select Account info and then Monthly Statements.
Do my envelopes earn interest?
Yes. All of your envelopes earn interest at the same rate as your QuickBooks Cash account. Interest your envelopes earn is paid directly into those envelopes. Check the transaction history of each envelope to see the amounts.
Will I get a 1099 for this account?
Yes, if you earn $10 or more in interest throughout the year. We’ll provide you with a 1099-INT form by January 31 of the following year. You can access your 1099-INT form two ways:
Option 1: QuickBooks Online Toolbar
- Select the Gear icon, then select Account and settings.
- Select Payments and Documents.
- Choose the correct year from the 1099-INT drop down and select View.
- Select Download.
Option 2: Cash Flow Menu
- Select Cash Flow from the side menu, then select the QuickBooks Cash tab.
- Select View Account, then Manage account.
- Locate the tax forms in the QuickBooks Cash account section.
- Choose the correct tax year and select Download.
What if I close my account?
If you close your account before the end of your statement cycle, you won’t earn any interest for that statement cycle.
QuickBooks Debit Card
Learn more about the QuickBooks Debit Card.
Does the QuickBooks Debit Card have ATM withdrawal fees?
You can withdraw cash from AllPoint ATM locations at participating Walgreens, Rite Aid or CVS stores. You get four free withdrawals each month. After that, there's a $3.00 fee per withdrawal. You can also withdraw cash from other ATMs, but there may be a fee assessed by the ATM owner.
What are my withdrawal and spending limits?
You can withdraw up to $500 per day from ATMs. You can withdraw up to $5,000 in a rolling 30 day period.
You can spend up to $5,000 per day with your QuickBooks Debit Card.
Cash Flow planner
Learn more about the Cash Flow planner.
How does the Cash Flow planner make cash flow forecasts? What data is included?
The cash flow planner gets data from several sources to get a representative view of your business’s cash flow. Future-looking data in the planner may include:
- Any outstanding QuickBooks transactions with a future due date. This includes invoices, bills, expenses, sales receipts, or paychecks generated by QuickBooks Payroll. Once these are paid, they won't appear in the planner as future events.
- Transactions from your connected bank accounts.
- Money in or money out events. QuickBooks predicts based on patterns in your historical data. This includes predicted credit card payments.
- Events you manually enter into the planner.
Envelopes
Learn more about envelopes.
I put some money in an envelope. I'm looking at my QuickBooks Cash Account balance on the Cash Flow menu. Why does it seem like I have less money than I should?
When you put money into an envelope, it's separated from the rest of the money in your QuickBooks Cash account. The QuickBooks Cash Flow menu doesn't include envelopes as part of your QuickBooks Cash total balance.
Let's say you put $7,000 in your QuickBooks Cash account. Then you created two envelopes with $1,000 each. When you visit the Cash Flow menu you'll only see $5,000 in your QuickBooks Cash Account. Don't worry, the money is still in the account, it's just separated. You can select the Envelopes section to see the amount in each envelope.
If you go to the Banking menu (or Transactions menu if you're in Business View), you'll see $7,000 in your QuickBooks Cash account. The Banking menu includes the total balance, including your envelopes.