One of the most popular online payment apps, Cash App allows individuals to send and receive money to their friends and family. The cash app also allows the users to use the optional debit card to shop or use the ATM. Cash app has earned good marks for data security, accessibility, and customer support. Cash is free to use and available for iPhone and Android users.
The cash app has a sending and receiving limit. Users can send up to $250 within seven days, while the users can receive up to $1 000 within 30 days.
The cash app is free to send, receive, and request money. Cash app does not charge ATM fees, while you are responsible for any fees levied by the ATM networks.
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While using Cash App and its related Cash Card is totally free, there are a few fees you will face as you start using the app. Fortunately, these fees are avoidable.
Cash App charges a 3 percent fee if you use a credit card to send money, but making payments with a debit card or bank account is free.
Cash App also charges a 1.5 percent fee if you request an Instant Transfer of funds from your Cash App account to your linked debit card. If you request to transfer money to a bank account, the transfer is free — however, you must wait 1-3 business days for the transaction to process.
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