How Can I Redeem Novig Cash?
Novig users have multiple secure and efficient options to withdraw their Novig Cash. This guide outlines the supported redemption methods, provides clarification on unsupported options, and includes important redemption requirements. Below you’ll find everything you need to know about accessing your funds successfully.
Supported Redemption Methods
1. Debit Card
Visa and Mastercard debit cards are supported for withdrawals.
Processing times for debit card redemptions are typically very quick.
This method is ideal for users without access to a major bank account.
2. Aeropay (Bank Transfer)
Aeropay enables bank transfers for instant payouts if your bank supports Real-Time Payments (RTP).
Recommended for users who prefer faster settlement where supported.
3. Trustly (Bank Transfer)
Trustly is available for users who want a standard bank transfer option.
Settlements generally take 1–3 business days. This alternative works seamlessly even if Aeropay cannot be used.
4. Venmo
The app detects your Venmo account based on the phone number tied to your Novig account.
Processing times for Venmo redemptions are typically very quick.
Redemption Requirements
To ensure successful withdrawals, please review the following conditions and restrictions:
Minimum Redemption Amount - You must have at least $20 worth of eligible Novig Cash to initiate a withdrawal.
Playthrough Requirement - Novig Cash must be used on settled trades before redemption can take place, ensuring compliance with our 1x playthrough policy.
Maximum Daily Redemption Limits - The maximum amount you can withdraw in a single day is $10,000 (or $5,000 for residents in New York and Florida).
By understanding these supported methods and requirements, you can choose the redemption option that works best for you and access your funds without any complications.