Instant Cashout provides the flexibility to be paid the money you've made anytime you'd like. Instead of being paid weekly, you can transfer payment to your bank account at any point.
HOW INSTANT CASHOUT WORKS
1. Select the Earnings tab from your app menu.
2. Tap Cash out. Your app will display the total amount currently available for transfer.
3. Select your preferred payment method and cashout option
4. Tap Confirm. You'll be charged a fee depending on the option you choose.
5. You'll receive a confirmation when your request is successful.
Two-day cashouts should be completed within 2 - 5 business days depending on your bank. Please note this excludes weekends and bank holidays, which will take longer. Instant cashout should be completed within minutes. When the transfer is complete, a payment statement is created. You'll also see an approximate date your payments will be available in your bank account.
ARE THERE LIMITS ON HOW MUCH I CAN CASH OUT?
You can cash out up to £1,600 per week. The minimum amount you can cash out is £1. For the purposes of the weekly limit, the time frame is from 00:00 on Monday to 23:59 on Sunday.
IS THERE A FEE TO USE CASHOUTs?
There will be a £0.50 fee to use the instant cashout option.
CAN I CASH OUT WHENEVER I WANT?
With two-day cashout, you can cash out anytime you like, up to once per day. However, if you cash out after the daily bank cut-off time, over the weekend, or on a public holiday, you may need to wait a little longer before you can cash out again as your request will not be processed until the following business day.
The bank cut-off time each day is: 14.00 (local time)
With instant cashout, you can cash up to 5 times in a day. There is a daily maintenance window between 21:30 - 04:00. If you cashout during this time, your payment will be queued for payment and you will receive payment after the maintenance is completed. There is an additional weekly maintenance window on Saturdays. The exact timing of this window varies. These maintenance windows will be clearly displayed in the app when you are cashing out.
WHEN WILL MY FUNDS ARRIVE?
With two-day cashout, if you cash out on a business day before the bank cut-off time of 14.00, your funds will arrive within two days.
With instant cashout, in most cases, you'll receive cash in your debit card account right away, but it could take up to 3 business days depending on your bank.
Please note that processing times may vary depending on your bank. Uber tries to complete payments as quickly as possible but timing is not guaranteed. Please see below for full terms and conditions.
WHAT CAN I CASH OUT?
If you are eligible, you'll be able to cash out the balance currently in your account. Only the earnings that are shown in your account at the time you elect to cash out will be transferred.
Any earnings from the past week that you don't cash out by 11:.59pm on Sunday will be transferred to your bank account as usual through the automatic weekly payout.
WHY CAN'T I CASH OUT?
You may be unable to cash out if:
You are attempting to cash out more than the weekly or daily maximum;
Your bank is still processing a previous cash out;
Your account has been active for less than two weeks since your first trip and/or you have completed fewer than 25 trips (please see eligibility requirements here); or
Your account is under review for a security risk and cashouts are temporarily disabled.
WHY AM I NOT ELIGIBLE?
If you don't see the option to cash out in the app or on [wallet.uber.com], it may be because you're currently ineligible. This can be because:
Your account has been active for less than two weeks since your first trip;
You have completed fewer than 25 trips; or
Your account is under review for a security risk.