Can I Cash App With a Credit Card?

With 24 million active users, Cash App has become one of the best digital payment applications. It allows its users to quickly and effortlessly receive and send money. Many users still wonder – can I Cash App with a credit card, and is there a way to link credit and debit cards on the app? Here you’ll find out the answer.

Yes, users can effectively use their Cash App with a credit card to pay bills and send money. However, for the transaction to be successful, one has to link their card to their Cash App account. This step is necessary when you want to send money; however, linking is not required when you want to receive money.

Cheerful couple making purchases with a credit card

How Should You Use Cash App?

With a simple and easy-to-use interface, Cash App makes sending and receiving money quick and hassle-free. What you have to do is verify Cash App and only tap “Request” or “Pay.” Another person will immediately get a notification that they have a request to send you money or that they received funds.

One can add funds to their Cash app account or send and receive money through the application that comes from a linked bank account, debit card, or credit card. What is more, it is possible to get a paycheck direct-deposited into the account. A Cash App card is available for anyone who wants their purchases to be withdrawn from their balance. It is a free debit card that can work wherever Visa is accepted and that you can add money to at Dollar General.

Person using a credit card

Can You Use Cash App With a Credit Card?

Users are allowed to link their credit cards to the Cash App account and use them to transfer money and make purchases. There is a 3 percent fee on every transaction when one uses a credit card. Avoiding the fee is possible in case you make sure to link your bank account or debit card with Cash App. Then the transactions will be fee-free.

If you want to send funds on Cash App using a credit card, you need to be aware that the card issuer could categorize the transaction as a cash advance. Generally, they consider peer-to-peer transactions as cash advances since they equate it with handing the person cash. Cash advances have higher interest rates and they start compounding the day the transaction is made. If you want to minimize the cost of cash advances, ensure that you pay off your credit card balance as soon as possible.

Woman holding a credit card and a phone

Why Do You Need to Link a Credit Card to Cash App?

In case a user wants to send money to other people or cash out, the credit card needs to be linked to the application. However, choosing not to link will not prevent the user from receiving money. One can link cards from large credit card companies such as Visa, Discover, MasterCard, and American Express. First, you have to add your bank account and credit card information in order to properly link the card to the application.

Here Is A Guide on How to Link a Credit Card to Cash App

For anyone who wants to withdraw money they were sent from other people or put funds into the account, the prerequisite is linking the credit card. Fortunately, it is a simple process.

Before you begin reading our instructions on how to do it, make sure that you know all credit card details, such as secret code, expiration date, and number. Double-check what you enter since the smallest mistake can stall the process.

If you’ve gathered all the necessary information, follow these crucial steps:

  • First step is to open Cash App and log into your account.
  • Search for the banking button or “my cash” option on the main dashboard. The dollar sign will be featured on the button. When you find it, tap it.
  • The next screen will show you a cash and bitcoin tab. Below these options, there will be a credit card tab. You should click on it.
  • Enter a CVV code, credit card number, and expiration date.
  • Then, you will notice instructions on the screen that you need to follow.
  • Next step is to tap the “add card” button.
  • Finally, enter your PIN or Touch ID for the process to be finished.
  • You can then return to your homepage.

After you’ve completed all the steps from the guide, you will be allowed to make payments and withdraw money since your card is now linked to the Cash App account.

What Should You Do in Case You Fail to Link the Card With the Application?

Trying to link the card and discovering that it doesn’t work can be stressful. There are reasons for this situation one should consider.  For example, you are trying to add the wrong type of card. Even though the application supports the majority of debit and credit cards in the US, there are still some that are not accepted. These might be gift or prepaid cards.

Another reason for the failure to complete the process is that there might be a fee to link the card to the application. Some banks have terms and conditions that are not compatible with the application, so you will not be allowed to link and use the particular card.

Finally, the simple reason for the error might be that you entered the expiration date, number, or CVV code incorrectly. The smallest typo is enough for the whole process to fall through. This is one of the reasons why many accidentally send money to the wrong person or have issues with payment errors when using the app. Therefore, if you want to do it correctly, check your bank’s terms and conditions and your card information.

A person holding a credit card

How Much Are Cash App Fees? Here Is What You Need to Know

Even though the application and the Cash Card are free to use, there are fees related to transactions that the user will face. Here is a chart of fees you can expect to pay.

Cash App Fees
For sending money via credit card3%
Instant money transfers1.5%
When sending payments using a linked bank account0%

In case you want to avoid the 3 percent fee when using a credit card, you can make payments with your bank account and debit card for free. Even though you don’t have to pay a fee with a linked bank account, there is a waiting period of 1-3 days for the transaction to process.

Using a phone to pay at POS

Using Cash App With a Credit Card Will Make Any Transaction Smooth

Knowing how to add your card to the application is helpful if you want to easily and effortlessly send and receive funds in a matter of minutes. Gather all necessary information, such as expiration date, number, and CVV code, and link your card to the account. Not only will it be easier to make a payment, but you won’t have to reveal any sensitive information about your bank account since everything will be done using the app