PalmPay Trial Cash Withdrawal: Simple Guide

Trial Cash is a bonus that PalmPay gives to users when they perform some tasks, like signing in daily to their account, transferring money, buying airtime/data, funding a betting wallet, referring someone to the platform, etc. This Trial Cash normally accumulates daily interest at a  rate of 16% p.a., with a validity period of five days.

Trial Cash expires; hence, you are required to claim it on the PalmPay’s trial cash page within 48 hours after task completion. Once you redeem it, it will start accumulating daily interest for you  at 16% annual interest rate. It will accumulate it for the period of 5 days.

However, you can’t withdraw Trial Cash or use it for direct transactions. You can only use it within the PalmPay app to perform different transactions, like bill payment, airtime purchase, etc. Meanwhile, any interest that you earned on the ‘’Trial Cash’’ within the validity period is withdrawalable. This means that you can withdraw the interest that Trial Cash accumulates but not the Trial Cash itself. 

It is also important to note that before you can qualify for the Trial Cash offer on PalmPay, you must have completed your BVN/NIN linkage to your PalmPay account and verified it. 

Read also: How to get 20k on PalmPay in Nigeria

Can you withdraw PalmPay Trial Cash?

PalmPay Trial Cash Withdrawal

No, PalmPay Trial Cash is not withdrawalable. It is meant to be spent within the app. Meanwhile, you can withdraw the interest that your trial cash value accumulates over time. In addition, you can only use the trial cash within the app to buy airtime and pay bills, among other minor transactions.

Palmpay trial cash withdrawal limit

Although you can’t withdraw your Trial Cash itself, you can only withdraw the interest it accrues over time. As a sequel to this, there is no limit to Trial Cash value  interest that you can withdraw. In fact, if your trial cash accrues up to 100,000 naira, you can withdraw all of it, but it is very difficult to accumulate much interest on your trial cash value since it expires after some time.

PalmPay Trial Cash withdrawal Time

Trial Cash is not withdrawalable, but you need to claim it within 48 hours of completing your task. Once you claim it, you then use it within the app. If you didn’t claim it within this timeframe, it may expire, and you won’t be able to use it again.

Palmpay trial cash withdrawal code

You can’t withdraw Trial Cash directly as real cash. However, you can use this code, *861#, to perform different financial transactions on the PalmPay platform. So, if you don’t have data on your device, kindly use the code to carry out transactions on the platform. But just have it in the back of your mind that Trial Cash is not withdrawable.

Conclusion

While PalmPay’s Trial Cash is a great way to make free money from the platform through daily tasks and other activities, it’s important to remember that the cash itself can’t be withdrawn. Instead, you can only use it within the app for transactions like airtime purchases and bill payments. 

However, the good thing is that you can withdraw the interest earned on the Trial Cash, which can build up over time—though the time limit on the bonus requires you to act fast to maximize your gains. Remember that feature is for regular users of the PalmPay app, but don’t expect it to turn into a quick cash-out opportunity. Ensure that you claim your trial cash and interest before it expires!

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