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Cash App Fees

Cash App is a peer-to-peer money transfer app. Here's a break down of all PayPal's fees.

What is Cash App?

Cash App is a mobile payment service owned by Square, Inc. It’s primarily used to transfer money between individuals, similar to Venmo, Zelle, and PayPal. These types of apps, including Cash App, are called peer-to-peer (P2P) payment apps.

Cash App for business

Cash App is a peer-to-peer payment app that integrates with Square, a popular POS system for many small businesses (both services are owned by Block). The platforms can share data, and Square checkout devices can display Cash App QR codes for direct payment.

How much are Cash App fees?

Service Fee
Per-Transaction Rate
Per-Transaction Fee
Note
Send Money (Credit Card)
3%
​
​
Instant Transfer
0.5%-1.75%
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Minimum of $0.25
Investing
$0
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Government agencies could charge fees for trades.
Buying/Selling Cryptocurrency
2%-3%
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This can vary.
ATM Withdrawals
​
$2-$2.50
Cash App will reimburse up to $7 in fees per withdrawal up to three times every 31 days after receiving $300 or more in qualifying direct deposits per month

Fee for using a credit card to send money

Wondering how to pay your friend with a credit card? Cash App offers this service, but it’s going to cost you a service fee. If you want to send money through Cash App using a credit card rather than a linked bank account or debit card, you’ll have to pay 3% of the total amount.
This is similar to most P2P payment apps, including Venmo. Cash App supports credit cards from most major card networks as a payment method, including Visa, Mastercard, American Express, and Discover.

Instant withdrawl fee

Cash App provides two speed options to cash out your Cash App balance. This includes a standard deposit to a linked bank account or an instant deposit to a linked debit card.
The standard deposit option is free and typically takes one to three business days to process. If you go for the instant deposit, you’ll have to pay a Cash App instant transfer fee of 0.5%-1.75% (minimum of 25 cents) to instantly receive the money on your debit card.
Alternatively, you could request a Cash Card and spend your Cash App balance without having to transfer it to a bank account or debit card.

Investing fees

Cash App doesn’t charge any fees for opening a Cash App investing account. It also doesn’t collect commission fees or require you to maintain a minimum balance on your account.
However, certain government agencies may charge fees for any trades you make, which will be disclosed to you before the confirmation of the trade.

Bitcoin fees

You’ll likely see a fee from Cash App when you buy or sell bitcoins through its app. This fee can vary, so it makes sense to input how many bitcoins you want to buy or sell and check what the fee is. Any fee will show up on the trade confirmation screen before you complete the transaction.
We conducted a few test transactions (without completing the trade), and the fee typically hovered between 2% to 3%.

ATM fees

Cash App charges $2-$2.50 per ATM withdrawal. This doesn’t include the additional fee you’ll likely be charged by the ATM itself for making a withdrawal with a card from a different bank.
If you want to avoid some ATM fees with Cash App, set up direct deposit and pass the threshold of $300 or more of qualifying direct deposits per month. Each month you meet the threshold, you'll qualify for ATM fee reimbursements of up to $7 per withdrawal. You can receive up to three of these reimbursements every 31 days.