Can You Use a Credit Card on Cash App?
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Written by
Angela Mae
Cash App is an incredibly popular digital wallet in the U.S. In fact, around 57 million people use it every month to send or receive money, make purchases, get exclusive discounts and so much more.
But even with so many features, you might be wondering: Can you use a credit card on Cash App? The short answer is yes. Cash App supports most major credit and debit cards, including Visa, American Express, MasterCard and Discover. However, there are certain limitations to using a credit card on the platform.
Learn more about adding a credit card to Cash App, the benefits and limitations of using a credit card and some alternatives.
How to Add a Credit Card to Cash App
Many people use Cash App to send or receive money via debit card or bank account. But you can also use a credit card to transfer money to Cash App. Here’s how to do it:
- Use the right type of credit card. Cash App supports most debit and credit cards from Visa, MasterCard, Discover and American Express. You can also use a prepaid card. PayPal, business debit cards and ATM cards aren’t supported.
- Make sure you’re logged in. You must be logged in to add a credit card or transfer money.
- Link a debit card first. You’ll need to have a linked debit card before you can add a credit card.
- Find your linked accounts. On the app, select “My Cash” or the “$” sign. You’ll see a “Link Credit Card” option.
- Tap “Link Credit Card.” An alert will pop up letting you know that Cash App charges a 3% fee whenever you use a credit card.
- Input your details. To add a credit card, enter your card number, expiration date and three-digit CVV code. You’ll also need your card’s ZIP code.
- Review and add. Make sure everything’s correct, then select “Add Card” or “Link Card” at the bottom of the screen.
- Confirm and you’re good to go. Use your PIN or Touch ID to confirm your choice. Return to the app’s homepage and your card should be ready for use. You’ll just need to know how much to send and recipient.
If you have problems linking or using your credit card, Cash App has a support page that can help.
Benefits of Using a Credit Card on Cash App Vs. Other Payment Methods
You can use a credit card to pay bills, make purchases or send money to someone via Cash App. Once linked, your funds should be available for use right away (up to your current available credit).
But there are also benefits to using a credit card vs. other payment methods. These include:
- Option to build rewards: Using a rewards credit card lets you earn points, miles or other rewards that you wouldn’t get with most prepaid or debit cards.
- Ease of building credit: You can build or establish credit by using your credit card responsibly. Just make sure you make on-time payments and keep your balance low.
- Security: Most major credit cards offer fraud protection, identity theft protection and other safety features that make them more secure than your average debit card.
Understanding the Fees When Using a Credit Card on Cash App
Cash App is typically free to use. But you may come across certain fees when using the app.
Whenever you use your credit card to make a payment or send money, Cash App will charge a 3% fee. This fee gets tacked on to your payment total.
As far as credit card processing fees go, 3% is fairly standard. But you can minimize credit card fees by:
- Using another payment method
- Limiting how often you use your credit card
- Using a credit card with enough perks or rewards to make up for the 3% fee
Be aware that Cash App charges other fees (unrelated to credit cards). These include:
- $2.50 ATM withdrawal fee (waived if you receive $300 or more in monthly direct deposits)
- 0.5% to 1.75% instant cash deposit fee
- $1 paper money deposit fee
Cash App Credit Card Limitations and Restrictions
Aside from the 3% fee, Cash App has a few other limitations on credit cards.
For example, Cash App doesn’t let you receive money on your credit card. You can make payments or send money only. You may also need a linked debit card or bank account to cash out.
If you haven’t verified your account yet, you can also only send or receive up to $1,000 per month. To increase your limit, verify your account.
Note that your actual limit will also be based on your credit card limit and available balance. If you want a higher limit, pay down your credit card or request a higher limit from your card issuer.
It’s also possible for a credit card transaction to be declined. This typically happens if Cash App suspects fraudulent or unauthorized account activity. If this happens, you’ll receive a notification about the declined transaction. You can then choose to dispute or confirm it.
Is Using a Credit Card on Cash App Safe?
Cash App has several security features designed to keep your account – and credit card – safe. This includes fraud detection technology.
Cash App also uses advanced data encryption methods to prevent theft or fraud. Even if you use public Wi-Fi or mobile data, your money is generally secure.
However, there’s always the possibility of a Cash App scam, theft or fraud. If you’re worried about security when using a credit card, here are some tips:
- Steer clear of promises or guarantees like “free money” in exchange for a small upfront payment.
- Don’t respond to emails or phone calls from people you don’t know. Cash App only uses @square.com, @cash.app and @squareup.com.
- Don’t click on any unfamiliar or strange links.
- Never provide personal information (like a PIN or Social Security Number).
- Don’t provide “remote access” to someone claiming to be from Cash App Support.
- Keep an eye on your credit card account for any unknown or recurring transactions.
- Tell your card issuer as soon as you see anything suspicious. They can freeze your account while you dispute or verify the transaction.
Alternatives to Using a Credit Card on Cash App
You can add a credit card on Cash App, but it’s not the only option. Maybe you want to avoid the 3% fee. Or maybe you don’t have a credit card in the first place.
Whatever the case may be, here are a few other ways to fund your Cash App account:
- Bank transfer: You can link your bank account to send and receive money. This is convenient if you have direct deposit with your employer. Transfers also only take a few minutes. However, you’ll need a U.S. or U.K. bank account.
- Prepaid card or debit card: You can send or receive money for free using a debit card or prepaid card. Or you can get the Cash App Card. It’s virtual, customizable and can get you paid up to 2 days early (with direct deposit).
- Cash deposits: Add money to your account by depositing tax returns, paychecks or other forms of money. You don’t need a bank account to do this. You can even deposit paper money at certain retailers. Just be careful so your money doesn’t get lost or stolen on the way to the store.
- Bitcoin or stocks: You can also send or receive Bitcoin or stocks just like regular money. It’s free and convenient. But like any other investment, it carries its own risks.
Consider your options, weigh the risks and choose the right funding method based on your financial needs. Sometimes, it helps to have more than one method – like a credit card and a linked bank account.
Frequently Asked Questions
These are answers to some frequently asked questions about using a credit card on Cash App.
Can you add a credit card to Cash App?
Yes, you can use a credit card on Cash App. You’ll need a linked bank account first. Once you have that, you can add a credit card from the app.
How to add credit card to Cash App?
Adding a credit card to Cash App is fairly straightforward. Log into your account and tap the “$” sign or “My Cash.” Select “Link Credit Card” and input the card details. Review everything for accuracy, then submit your request.
What types of credit cards can you use on Cash App?
Cash App supports major credit cards from Visa, Discover, MasterCard and American Express.
Why is my credit card not working on Cash App?
Sometimes, Cash App will decline a transaction if it seems suspicious or fraudulent. You should receive a notification if this happens. If the transaction was legitimate, you can verify it.
Can I pay bills using a credit card on Cash App?
Yes, you can use a credit card to make payments on Cash App.
