Square
- Many Cash App transactions between users are free, but there are instances in which you may be charged a small fee for a transaction.
- When you make a payment using a credit card on Cash App, Square adds a 3% fee to the transaction.
- Standard transfers on the app to your bank account take two to three days and are free, while instant transfers include a 1.5% fee.
- Visit Business Insider's homepage for more stories.
If you use a personal Cash App account linked to your bank account or debit card and aren't in a rush to transfer payments, then you might never have to pay a single cent for your transactions. However, if you opt to use a credit card to send money or need an instant transfer, Cash App charges minimal fees.
There are a few cases in which you might incur Cash App charges, but with the included convenience of sending, receiving, and transferring money, you probably won't even mind paying up.
See the rest of the story at Business Insider
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See Also:
- 'How much can you send on Cash App?': It depends on whether or not your account is verified — here's what you need to know
- How to activate your Cash App card so you can make payments without having to use your personal bank account
- How to refund a payment on your Cash App account
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