Cash App is a widely-used mobile payment platform, allowing users to send and receive money easily. While the service itself is free for many transactions, it's important to understand when fees may apply. Below, we break down the different types of transfers and the corresponding fees that may be involved.

Standard Transfer Fees

  • Standard Bank Transfers: Free of charge for transfers to a linked bank account, taking 1-3 business days to process.
  • Instant Transfers: Available for an additional fee, typically 1.5% of the amount transferred.
  • Credit Card Payments: Cash App charges a 3% fee when paying with a linked credit card.

Important Note: While sending funds to another Cash App user is free, charges may apply for specific payment methods like credit cards or instant transfers.

Transfer Fee Breakdown

Transfer Type Fee Time to Complete
Standard Bank Transfer No Fee 1-3 Business Days
Instant Transfer 1.5% of the Transfer Amount Instant
Credit Card Payment 3% of the Transfer Amount Instant