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Is Cash App Paid?

Published in Cash App Fees 2 mins read

It depends on the specific transaction. Receiving money on Cash App is generally free, as is sending money if you use your Cash App balance or a linked debit card. However, there are instances where Cash App charges fees.

When is Cash App Free?

  • Receiving Money: Receiving money into your personal Cash App account is always free.
  • Sending Money (Debit Card or Cash App Balance): Sending money using your linked debit card or your existing Cash App balance is also free.

When Does Cash App Charge Fees?

  • Sending Money (Credit Card): Cash App charges a 3% fee to send money using a linked credit card.
  • Instant Deposits: If you want to instantly transfer money from your Cash App account to your linked bank account, you will be charged a fee (typically 0.5% - 1.75% with a minimum fee of $0.25). Standard deposits are free but take 1-3 business days.
  • ATM Withdrawals (without Cash Card Boosts): Cash App charges a $2 fee for ATM withdrawals using your Cash Card. However, Cash App may reimburse this fee if you use a boost.
  • Using the Cash Card Internationally: There may be fees associated with using your Cash Card for transactions outside of the United States.

Summary Table

Transaction Fee
Receiving Money Free
Sending Money (Debit Card/Cash Balance) Free
Sending Money (Credit Card) 3%
Instant Deposit 0.5% - 1.75% (min $0.25)
ATM Withdrawal (without Boost) $2
International Cash Card Use Variable (depending on the transaction)

In conclusion, while many Cash App services are free, be aware of the fees associated with credit card transactions, instant transfers, and ATM withdrawals, especially if you are not using a Cash Card boost.