How Much Cash App Charge?

Cash App is a popular mobile payment service that lets you send and receive money quickly. But does it come with a cost? Understanding what Cash App charges will help you make smart money management decisions.

The good news is that core Cash App services are usually free:

• Standard Transfers: Sending money from your bank account or Cash App balance to another person takes 1-3 business days and doesn’t incur a fee.
• Receiving Money: You won’t be charged when someone sends you money through Cash App.

Here’s a breakdown of when you might encounter fees:

• Instant Transfers: Want your money transferred immediately to your linked debit card? Cash App charges 0.5% – 1.75% of the amount, with a minimum fee of $0.25.
• Credit Card Payments: Using a credit card to send money costs a flat 3% of the total amount.
• ATM Withdrawals: Withdrawing money from an ATM using your Cash Card has a $2.50 fee from Cash App. The ATM operator might charge additional fees.
• Cash App for Business: Businesses that accept Cash App payments are charged 2.75% per transaction.

• If you’re not in a rush, save money with standard transfers.
• Fund your transfers directly from your bank account to avoid credit card fees.
• Get ATM fee reimbursements by setting up at least $300 in monthly direct deposits to your Cash App account.

Cash App offers a convenient and often fee-free way to manage money. By understanding the fee structure and taking a few simple steps, you can use Cash App to send, receive, and withdraw money while minimizing costs.