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Why Don’t I Have Cash App Borrow? (Hint: Do This FIRST!)

To quality for Cash App borrow, you need to complete the loan agreement requirements before the borrow feature unlocks. This Cash App loan will allow you to access up to a $200 instant deposit into your account for users who can’t borrow money from Cash App.

📅 Repay Within4 Weeks
💰 Loan AmountUp to $200
💸 Receive FundsImmediately
🏦 Borrow Fee5% Flat Fee
Requirements18+ US Resident
How To UnlockCheck Eligibility Status

If you don’t have the borrow feature on Cash App don’t worry!

You’re in the right place. I’ll show you how I unlocked it to borrow money on iPhone (works for Android too).

Trying to get a Cash App loan is easier than ever, and we’ve got all the details you’ll need to navigate this ultra-convenient borrowing feature and get the most out of it.

Yes, this Cash App Borrow feature is buzz-worthy and awesome.

⚠️ IMPORTANT: Cash App borrow may require a credit check, however, there is a better alternative app called Truebill with no credit checks, instant same-day money deposits, and zero interest fees.
Keep in mind, if you have good credit and don’t care about the credit inquiry then we highly recommend Cash App borrow. Otherwise, learn more about the alternatives below.

And yes, we’ll tell you everything we know so keep on reading for a full rundown of how to borrow money from Cash App.

Why Can’t I Borrow Money on Cash App?

Why Don't I Have the Borrow Feature on Cash App

If you don’t have access, this is what you can expect in order to be eligible.

In order to qualify for this loan feature, Cash App users will need:

  • An active debit account linked to your bank account
  • Fully verified Cash App account
  • A frequently used account including the Cash Card
  • Set up direct deposit with your Cash App account and have previous deposits totaling $1,000 [1]
  • Must have good credit (credit check is required, but we have options below for no credit checks)

Pretty simple stuff, but it helps to know in advance and make sure to cross your t’s and dot your i’s to avoid any potential roadblocks.

If you’d like to really throw yourself into the details, be sure to check out their borrow loan agreement. [2]

Truebill is a better cash advance option that does not require a credit check and has same-day funding up to $100.

How to Borrow Money from Cash App Loan

How can I check to see if I’m eligible for the Cash App Borrow feature?


To check if you’re eligible, you can take the following steps:

  1. Open your Cash App and tap on Banking.
  2. Scroll down to see if “Borrow” option is available.
  3. Follow the prompts from there to start filling out your application for this feature. They will check if you’re eligible based on information in their system.
  4. If you are eligible, you’ll be able to borrow up to $200 directly into your Cash App account.

NOTE: If you don’t see the borrow option under the banking tab then we suggest taking a look at better alternative below. Otherwise, keep using your Cash App account and Cash Card as frequently as possible and wait until you get a notification that you are eligible.

🏆 Best Cash App Borrow Alternative with No Credit Check

So, you’ve completed all of the loan feature requirements but it still isn’t giving you access to borrow money online through the app.

It’s a bummer, yes, but there are great alternatives!

Here are some of our absolute favorite apps & websites for short-term loans similar to Cash App’s borrow money option (some are even good for those with bad credit!).

1. 🥇 Truebill – Instant Cash with Quick Sign-Up Process ($100 limit)


Truebill would be the first app I would suggest as an alternative, especially if you have bad credit.

They don’t do a credit check!

  • No credit checks, no interest or hidden fees
  • Short term loans up to $100 limit
  • Lower your bills by having Turebill negotiate with your billers
  • Find and cancel any unwanted subscriptions
  • Save and manage money in the app

This option isn’t going to work if you’re looking into personal loans, as it’s only a $100 short-term loan feature, but it’s pretty handy if you just need to bridge the gap until payday.

You can get an answer right away, the cash is deposited instantly, and it gets paid back with your next paycheck.

What is the Cash App Borrow Feature?


The Cash App Borrow feature is a cash advance option within the Cash App.

This is a flexible way to get emergency funds when you need them most, which can be used for anything from buying groceries and paying your rent on time to taking care of medical expenses or getting out of an unexpected bind.

The Cash App borrow limit is up to $200 and should expect to pay it back within 1-2 months; it’s meant to be a short-term solution to borrow money until your next couple of paychecks can fill the gap.

At the current moment of writing this article, this Cash App borrow money feature is disabled for most users.

This may be temporary, however.

They launched the borrow money feature to a select number of users in 2020 with plans to expand, however, they haven’t expanded yet, so most users don’t have access to this Cash App loan (yet).

We’d still recommend checking to see if you have access to the borrow money feature because there are reports of some users having access yet, although it is uncommon.

If you don’t have a Cash App account we recommend getting a free $20 Cash App referral code first.

What Does the Fee Structure Look Like?

The Cash App Borrow feature has a flat fee of 5% for your loan unless you are late with your payments, in which case that amount does increase.

This is still less interest than a typical payday loan, and if you pay it back on time it doesn’t actually cost all that much in interest fees.

That Cash App borrow loan of $200 is a great option as an emergency fund.

Is Cash App Borrow Safe?

Yes, the Cash App Borrow feature is perfectly safe!

While the Cash App loan is built to borrow money, it’s not the same kind of thing as a loan feature from a bank or even payday loans.

You complete the entire process right through Cash App, which is great because they have a ton of safety and security measures that make them a pretty safe bet when it comes to your hard-earned money.

Check out our deep dive on Cash App’s safety measures for more details about the steps they take to ensure their users’ safety.

How Does a Cash App Borrow Loan Work?

Cash App loans work similarly to using a payday loan service, but in a much more convenient form that allows you to borrow money right through their app.

In fact, you apply through the app, your funds arrive via the app, and you make payments to your balance through the app as well.

It really is convenient at its best.

Can Anyone Apply to Get Money from Cash App?

Unfortunately, no.

If you don’t have access to the feature in your Cash App mobile application (after following our qualification suggestions further below), then you won’t be able to receive access until they decide to open the borrow money feature up to more candidates.

This may be a possibility, of course, but no one knows for certain if or when that would happen.

Our advice would be to go through the qualification steps so you’re ready to go (including setting up Cash App direct deposit, etc.) if they do open it up at some point.

How Do You Qualify to Borrow from Cash App?

Setting up at least $300 in direct deposits every month to your Cash App account will help your chances of qualifying to borrow money through Cash App. Also, fully verify your identity and use the Cash Card and app as frequently as possible.

How Long Does it Take to Get Approved?

Approval for Cash App Borrow is very quick! You can get approval within just a few minutes, actually.

How Do You Repay a Cash App Loan?

You can repay a Cash App loan by paying the principal amount of the loan, as well as any accrued interest.

If you want to repay your Cash App loans early, then you can do so by repaying all outstanding balances on your account at one time.

You also have the option to change repayment due dates for future scheduled installment payments from every two weeks, or twice a month, to once a week (every seven days), monthly (once per month), or biweekly (twice per week).

The most important thing is that if you don’t pay back what you owe in full and on time then late fees will be applied to your balance until it’s repaid – this could range anywhere from $0.05-$49 depending on how long overdue.

If you don’t have enough of a balance in your app, be sure to add Cash App funds before making a payment.

For Cash App users to make a payment (within the Cash App), follow these steps:

  • Tap the “Payments” tab in your cash app home screen.
  • Select an existing payment to view or edit, then tap “Send.” Your list of payments will be shown on the next page.
  • When you are ready to make a new payment, enter how much money you want to send and select what date it should come out by tapping “Next,” followed by tapping “Make Payment” at the bottom of that same screen.

How to Get Your Limit Increased?

The hard limit is for the Cash App loan feature is $200, and there are no exceptions to that rule.

If you really need more funds, you could ask a close family member or friend to apply as well and loan you the money, otherwise, it would be more worth your time to check with your bank or a payday loan establishment with higher limits.

If you go this route, you can request money through the app to make it easier & quicker.

How Long Does it Take to Get Approved to Borrow Money?

Approval is nearly instant!

You simply open Cash App and apply right through the app itself, and find out an answer right after applying.

No waiting is necessary.


  1. Cash App Help Page
  2. Borrow Loan Agreement