How to Add a Credit Card to Cash App: A Step-by-Step Guide

Cash App is a popular mobile payment service that allows users to transfer money quickly and conveniently. While it's often associated with debit cards and bank accounts, you can also link a credit card to your Cash App account. Here's a step-by-step guide on how to do it , along with some tips to make the most of this feature.

Before we continue, click here to add and use your credit card on Cash App for your money transfer needs.

Can You Put a Credit Card on Cash App?

Yes, you can add a credit card to Cash App. However, there are some limitations and fees associated with using a credit card for transactions. We'll see how all of that later in this guide.

Supported Credit Cards on Cash App

Cash App supports credit and debit cards from the following major providers:

• Visa
• Mastercard
• American Express
• Discover

Most prepaid cards are also supported, but ATM cards, PayPal, and business debit cards are not compatible with Cash App at this time.

Steps to Add a Credit Card to Cash App

Step 1: Download and Install Cash App

If you haven’t already, download the Cash App from the Apple App Store or Google Play Store. Install and open the app to get started.

Step 2: Create or Log Into Your Account

If you’re new to Cash App, you’ll need to create an account. Existing users can simply log in with their credentials.

Step 3: Access the “Banking” Tab

Once logged in, tap on the “Banking” tab, which is represented by a bank icon. This will take you to a screen where you can manage your linked payment methods.

Step 4: Add a Credit Card

1. Tap on “Link Bank.”
2. Follow the prompts until you see the option to add a credit card.
3. Enter your credit card details, including the card number, expiration date, CVV, and ZIP code.
4. Confirm your information to link the card to your account.

Step 5: Verify Your Card

Cash App might require verification of your credit card. Follow any additional instructions provided to complete this process.

Using Your Credit Card on Cash App

Sending Money

Once your credit card is linked, you can use it to send money:

1. Tap the “$” icon to enter the amount you want to send.
2. Tap “Pay.”
3. Enter the recipient's details (username, email, or phone number).
4. Choose your credit card as the payment method.
5. Confirm and send your payment.

Fees to Consider

When using a credit card on Cash App, be aware that a 3% transaction fee is typically applied. This fee doesn’t apply to debit card or bank account transfers.

Benefits and Drawbacks

Benefits

• Convenience: Easily send money without needing a separate bank account.
• Rewards: Some credit cards offer cashback or points on purchases, which can include Cash App transfers.

Drawbacks

• Fees: The 3% transaction fee can add up, especially with larger transfers.
• Interest Rates: Using a credit card for cash transactions can result in high-interest charges if not paid off promptly.

How to Transfer Money from Credit Card to Cash App

Now that you've added your credit card to Cash App, you might want to transfer money from your credit card to your Cash App balance.

To do so:

• Tap the "Money" tab in the Cash App app.
• Tap "Add Cash".
• Enter the amount you want to transfer from your credit card.
• Select your linked credit card as the payment method.
• Tap "Add" to review the transaction details, including the 3% fee that Cash App charges for credit card transfers.
• Tap "Add Cash" again to confirm the transfer.

Conclusion

Using a credit card on Cash App is straightforward and can offer added convenience, especially if you’re looking to earn rewards. However, it’s important to be mindful of the associated fees and potential interest charges. Always weigh these factors before deciding to use your credit card on Cash App, and consider whether a debit card might be a more cost-effective option for your needs.

By following these steps and tips, you can effectively manage your payments and make the most of what Cash App has to offer.