In this Cash App review we’ll discuss:
- The Features of Cash App
- How it Works
- How to Use It
- Things You Can Do
If you happen to be a new user, we would highly recommend taking a look at our Cash App referral code guide.
This Cash App review will help you determine if Cash App is right for you.
How Does Cash App Work?
Cash App is a peer-to-peer money transfer service that allows users to send and receive funds using their phone, through an app.
There are no fees for transferring or withdrawing from your account.
This makes Cash App especially appealing to people who are looking for a fee-free way to send money internationally.
Cash App is available in the United States, Canada and Australia.
The app itself can be downloaded from the Apple Store or Google Play store.
This article will cover how Cash App works as well as some of the features that make it an attractive choice among peer-to-peer payment services like Venmo, Square Up, Paypal, etc.
To start using Cash App you must download the free app from your respective phone’s marketplace and create an account by inputting basic information such as email address or mobile number (this option allows users anonymity).
You may also choose to link your existing social media accounts so friends can easily find you.
How to Use Cash App?
Sending & receiving money on Cash App is easy.
To send funds, the sender will input their mobile number or email address and then choose a dollar amount to transfer as well as who they want it sent to (name of contact).
After that, the recipient will be notified and can either accept or reject the request. When accepting, both parties are required to enter their PIN code to complete the transaction.
If someone needs help using Cash App there’s an “Account” button in which they can access customer support by phone call or online chat session with company representatives.
What Features Does Cash App Have?
Once you get through the initial process of signing up with the Cash App referral code and getting your referral bonuses squared away, there are many features available to you to continue using this awesome app.
Here are a few different ways to use Cash App.
Send & Receive Money
Cash App’s main user function is to facilitate the transfer of money.
You can send or receive money from anyone, donate to a cause, or even send money as a tip to professionals after receiving a great product or service.
Whatever the reason for the transfer, you can process it quickly & easily with Cash App with just a few taps.
Get Your Money Early
You can receive your money earlier than expected with the Cash App!
Need your paycheck a few days early?
Looking for your tax return as soon as possible?
You can receive these and other direct deposits up to 2 days early just by using your Cash App routing and account number to process the deposit.
Use the Cash App Debit Card
The Cash Card is a customized debit card that works just like a normal debit card from a bank in the sense that you can pay for purchases online and in stores.
The card is a Visa, so it’s accepted nearly anywhere.
You can even add it to your electronic wallets such as Google Pay or Apple Pay as well.
Friends may send each other money for free when splitting bills from restaurants, bars etc.,
If one friend owes another person you can request that they send you the money.
This makes it super simple to split bills for events so everyone involved can chip in.
Purchase & Manage Bitcoin Investments
You can convert dollars into Bitcoin using Cash App!
You can purchase entire Bitcoins or partials, manage your account, and get all of the information you may need.
It’s a great way to get started with cryptocurrency if you’re not sure about the process yet.
You can also invest in stocks with the Cash App, and you don’t need much money to get started.
In fact, you can start with just $1.
There are also tools available so you can see how your stocks are doing and adjust your strategy based on your success.
No matter your level of fluency when it comes to trading stocks, you can invest safely and easily with just a few taps in your Cash App.
The app even allows you to invest in stocks in fractions of a share, which is a great feature.
For example, if a full portion of a stock costs $20, you could purchase a half share for $10.
Save Money with Discounts
When you get a Cash Card, you gain access to something called Boosts.
These are boosted offers from both online and in-store retailers.
The discounts are exclusive to Cash Card holders, and it just takes a few quick taps in the Cash App to set them up so you save at places you want to spend.
These discounts process instantly when you select the offers on your Cash App home page.