Is Cash App Free? (All You Need to Know)

Before signing up for any financial platform or payment app, you need to know how much it costs to determine whether you can afford it.

Cash App has become a popular payment app among US consumers, but is it free? How much does Cash App charge? Here’s all you need to know!

Is Cash App Free in 2024?

Cash App is free to download and use in 2024. Users can make peer-to-peer payments and transfer funds to their bank accounts for free. However, not all services are free. For instance, Cash App charges customers for instant deposits, sending money from a credit card, bitcoin trading, and withdrawing money from the ATM.

For more information about whether Cash App has any charges, when Cash App puts charges through, and other facts, keep reading!

Is Cash App Free to Download?

If you want to start using Cash App, you get it for free either from the App Store or Google Play.

Alternatively, you can also access the platform via the web version.

Does Cash App Take a Fee?

Cash App’s core services don’t have a fee. For instance, users aren’t charged to send and receive money, which is ideal for most customers.

However, some services attract a fee; therefore, you need to know them as you sign up for an account. Here are some instances when Cash App will charge you a fee:

  • Instant Deposits

If you want to transfer cash to your bank account, you can choose between standard deposits, which take 1-3 business days, or instant deposits.

While standard deposits are usually free, Instant deposits come at a fee. These transfers are subject to a 0.5%-1.75% fee, and have a minimum fee of $0.25.

Although the money will be deposited immediately, Cash App has to charge customers for the expedited service.

  • ATM Withdrawal Fees

Cash App doesn’t have its own network of ATMs; therefore, customers have to use third-party ATMs to get their money.

Because of this, Cash App charges customers between $2-$2.50 for withdrawals at the ATM using a Cash Card.

Currently, Cash App customers don’t get free withdrawals at the ATM, but they can get reimbursements. 

If you receive qualifying direct deposits of $300 or more, Cash App will reimburse your fees of 3 ATM withdrawals every 31 days.

Additionally, you’ll get an extra $7 in fees for each withdrawal. Each subsequent withdrawal within 31 days will be charged $2.

  • Bitcoin Trading

Bitcoin Trading

Cash App started allowing users to trade in Bitcoin using their platform in 2017. Initially, they didn’t charge any fees, but they introduced charges in 2019.

As you trade Bitcoin on Cash App, you’ll see the fee before completing the transactions. 

Fortunately, the fee isn’t too high; it depends on the mid-market price and will range from 2% to 3%.

  • Sending Money Using a Credit Card

Cash App doesn’t charge users to send money to their accounts. However, there will be costs if you choose to use a credit card instead of a linked bank account or a debit card.

Users incur a 3% charge on the total amount when they use a credit card to send money. You can avoid these charges by using other transfer options like a bank account.

  • Investment Fees

Although Cash App doesn’t charge you a commission, minimum balance, or anything to open an investing account, there are some costs that you’ll incur.

Cash App customers are charged investing fees by some government agencies such as the SEC. However, Cash App is quite transparent about all the fees before you confirm a trade.

  • Business Account

If you have a Cash App business account, the financial company charges you each time you receive money.

New users have the option to open a business or standard account. If you choose a Standard one, Cash App won’t charge you to receive money.

However, if you choose Cash for Business, you will be charged a 2.5% fee per transaction every time.

As well, they charge a 2.7% fee if you accept credit cards. If you don’t need a business account, you can switch to a standard one and avoid paying these fees.

To switch accounts, you have to contact Cash App customer support on the app. Click on “Personal profile,” then “Support,” and follow the prompts.

Note that this process could take quite some time because Cash App can take time to respond to customer queries.

How Do I Use Cash App Without Fees?

Using Cash App without charges is quite easy. You can avoid the charges by ensuring you don’t send money using a credit card. Instead, use your linked bank account or debit card.

Additionally, you can save money by using Standard deposits instead of Instant deposits. While they might take about 3 business days, the standard deposits are cheaper.

To avoid ATM fees, ensure that you receive $300 or more in direct deposits; you’ll be eligible for reimbursements.

To know more, you can also read our posts on why your bank is declining your Cash App payments, why Cash App says transfer failed, and whether you can Cash App yourself.


Cash App is free to download and use. You can make peer-to-peer payments and transfer funds to bank accounts free of charge. However, not all services are free. 

Cash App charges customers for instant deposits, sending money from a credit card, bitcoin trading, and withdrawing money from the ATM. You can avoid some Cash App fees by using standard deposits to cash out or using a bank account or debit card to send money.

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Marques Thomas

Marques Thomas graduated with a MBA in 2011. Since then, Marques has worked in the retail and consumer service industry as a manager, advisor, and marketer. Marques is also the head writer and founder of

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