Cash App review: Everything you need to know

Cash App® is a popular online payment app in the US. You can link your debit card for seamless transfers to friends, family, and merchants.

Our Cash App review will take you through everything you need to know about using Cash App in the US. We’ll take a look at fees, international spending, and exactly how to use your Cash App account.

We'll also introduce the Wise account, which allows you to send, spend, and receive your money across the globe in over 40 currencies – all at the fair mid-market rate.

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What is Cash App and how does it work in the US?

Cash App facilitates easy digital money transfers. You can send money to friends, make purchases with your Cash App Card, or buy and sell bitcoin via the app.

Cash App key features:

• Pay friends and family via your linked card or account
• Use your Cash App Card to access weekly custom cash back offers
• Get flexible loans and overdraft coverage¹
• Invest in stocks and shares via your account²

Once you’ve signed up for Cash App, you’ll need to link your Visa®, Mastercard®, American Express®, or Discover® card to your account.³

You can then add money to your balance or use Cash App as an intermediary to spend from your bank account.²

Cash App pros & cons

You can use Cash App to manage your money, including easy spending and saving solutions for US customers.

You can easily move your money between accounts, send quick transfers, and even buy and sell bitcoin in one place.

However, you may not be able to use all features overseas. You’ll also need to understand Cash App’s fees and limits for some transactions.

Let’s take a closer look at the pros and cons of using Cash App in the US. Is Cash App the right money transfer app for you?

How to open a Cash App account

It’s easy to open a Cash App account. Here’s a step-by-step guide:

Step 1. Download Cash App via your preferred app store and click “Sign up”
Step 2. Enter your email address or phone number. You’ll receive a verification code to confirm your contact details
Step 3. Add your debit card details, including your card number, CVV, expiration date, and zip code. You’ll also need to provide your name and date of birth
Step 4. Verify your identity via the app. You can choose to do this at a later date, but you won’t be able to access Cash App’s full range of features until you do
Step 5. Create a unique $cashtag for your account. This is the username you’ll use to send money. You’ll also need to enter your zip code and create a PIN²

If you want to send more than 1000 USD per rolling 30-day period, you’ll need to verify your identity in the app.

You’ll need to provide Cash App with your full name, date of birth, and either your Social Security number (SSN) or your individual taxpayer identification number (ITIN).⁹

Overview of Cash App fees in the US

It’s important to consider how much Cash App charges for some transactions. Apps like Cash App often charge for international transactions and ATM withdrawals, for example.

Here’s a quick overview of Cash App’s fees for US customers.

Cash App doesn’t charge for regular transactions. You won’t pay monthly fees, and you can hold 0 USD in your account without facing additional charges.

You can also access extra fee-free benefits if you direct deposit 300 USD or more in paychecks each month. This includes perks like free in-network ATM withdrawals, up to 200 USD in free overdraft coverage, and no foreign transaction fees for Cash App Card payments abroad.

Cash App international money transfer: coverage, speed, and limits

You can use your Cash App Card outside the US, but there are some spending limits to consider. For example, you can only spend up to 7000 USD per day or up to 25,000 USD per month.⁴

You can’t access the full range of Cash App features outside the US or the UK – and you can only transfer money internationally between the US and the UK.⁵

Regular Cash App transfers will take 1 to 3 business days, whereas instant transfers may arrive immediately.¹¹

You’ll also pay a 3% foreign transaction fee for card payments abroad. Most money transfer providers add a fee for international payments. You’ll likely also pay an exchange rate fee to convert your US dollars into the correct currency. All of this can add to the cost of your transactions.

Cash App features

Cash App offers a range of features for US customers to send, spend, and receive their money online. Let’s take a look at some of Cash App’s main features.

Flexible spending options

You can access a range of flexible spending options via your Cash App account. Spend using your Cash App balance or the Cash App Visa debit card.

Cash App supports major card providers like Visa, Mastercard, American Express, and Discover. You can easily link your debit card to top up your Cash App balance.

Ease of use

Cash App is very simple to use. You can manage all your money in one place, including investments, bitcoin sales, and regular money transfers.

You can sync your contacts to pay friends and family or use Cash App pools to collect money from a group. This is helpful if multiple friends owe you money, for example.¹

Bitcoin and investment options

Unlike other money transfer apps, Cash App offers a range of handy investment and bitcoin features for US users.

You can use Cash App Investing to purchase low-cost stock options. You can also buy and sell bitcoin, but you’ll need to consider Cash App’s fees for buying, selling, converting, and withdrawing your trades.

How to add money to a Cash App account

Here’s how to add money to your Cash App account balance:

Step 1. Click the “Money” tab on your home screen
Step 2. Select “Add money”
Step 3. Choose your payment amount
Step 4. Choose your payment method
Step 5. Confirm your PIN if prompted²

You can use your balance to spend money online or in person. You can also withdraw cash or set up digital transfers to friends and family.

Is Cash App safe?

Cash App is considered safe. You can use your Cash App account to send and receive secure payments to friends and family.

The app encrypts your payment information for maximum security, with fraud monitoring and real-time security alerts to help you spot suspicious activity.⁶

Cash App is a financial services platform, rather than a traditional bank. This means your funds aren’t automatically eligible for Federal Deposit Insurance Corporation (FDIC) coverage. If you have a Cash App Card, your funds should be insured.¹²

Cash App review: Bottom line

Cash App offers a range of digital payment solutions in the US. You can use your account to pay friends, invest, and spend your money online and in person.

However, you can’t access Cash App’s full range of features outside the US or the UK, which may limit your international spending. If you regularly send money to friends and family overseas, you may need to use an alternative platform.

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Sources

1. Cash App - Cash App homepage
2. Cash App - Getting started with Cash App
3. Cash App - Supported cards
4. Cash App - Card topics
5. Cash App - Travel and international transactions
6. Cash App - Security
7. Cash App - Account limits
8. Cash App - No fees
9. Cash App - Verify account
10. Cash App - Bitcoin pricing
11. Cash App - Cash out speed options
12. Cash App - Cash App and FDIC

Sources checked 03/24/2026