Cash App Fee Calculator

July 6, 2023
Blog
Cash App Fee Calculator 💰


Cash App is a popular mobile payment app that allows users to send and receive money quickly and easily. However, there are fees associated with some Cash App transactions.

This post will explain how to calculate your Cash App fees using our Cash App fee calculator. If you haven't yet signed up with Cash App, use our Cash App referral code to claim your signup bonus.

The Two Types Of Cash App Fees

There are two distinct types of Cash App fees:

  1. Transaction fees: Transaction fees are charged for sending and receiving money through Cash App.
  2. Card fees: Card fees are charged for using a Cash Card to make purchases.

The fees you'll have to pay when using Cash App differ based on the type of transaction you make, so it's best to use a Cash App fee calculator beforehand so you know exactly how much you'll need to pay.

How To Use Our Cash App Fee Calculator

To use our Cash App fee calculator, follow these steps:

  1. Choose the type of transaction you're performing from the list of options:
    1. Business – Receiving Funds
    2. Personal – Receiving Funds
    3. Instant Bank Deposit
    4. Sending Money – Credit Card
  2. Enter the amount of money you're sending or receiving.
  3. Press Calculate Fees and the fee you'll need to pay will be shown to you immediately.

Using the calculator will help you avoid surprises when you use Cash App to send and receive money.

Cash App Transaction Fees

Here are the transaction fees that are factored into our Cash App fee calculator:

  • Sending money: There's no fee for sending money to friends and family through Cash App. However, there is a 3% fee for sending money to businesses.
  • Receiving money: There's no fee for receiving money through Cash App.
  • Instant Deposits: There's a 1.5% fee for using Instant Deposits to withdraw money from Cash App to your bank account, with a minimum fee of $0.25.

Card Fees

  • ATM Withdrawals: There's a $2.50 fee per withdrawal for withdrawing money from an ATM using your Cash Card.
  • Debit Card Purchases: There's no fee for using your Cash Card to make purchases. However, there may be fees associated with the purchase, such as a merchant fee.

Other Cash App Fees

  • Cash App Boosts: Cash App offers a variety of Cash App Boosts, which are discounts on certain types of purchases. There is no fee for using Cash App Boosts.
  • Cash App Taxes: Cash App users are responsible for paying any taxes that are due on their Cash App transactions. Cash App does not withhold taxes from transactions.

Here's a summary of the main fees you'll pay for different transactions with Cash App:

BusinessPersonal
Receiving2.75%0%
Instant Bank Deposit (Any Type)1.50%1.50%
Sending (Credit Card)3%3%

How To Avoid Cash App Fees

There are a few steps you can take to avoid Cash App fees:

  • Use a debit card to fund your Cash App account. There is no fee for funding your Cash App account with a debit card.
  • Avoid using Instant Deposits. There is a fee for using Instant Deposits to withdraw money from Cash App to your bank account.
  • Use your Cash Card for purchases. There is no fee for using your Cash Card to make purchases. However, there may be fees associated with the purchase, such as a merchant fee.
  • Use Cash App Boosts. Cash App offers a variety of Cash App Boosts, which are discounts on certain types of purchases. There is no fee for using Cash App Boosts.
  • Pay your taxes on time. Cash App users are responsible for paying any taxes that are due on their Cash App transactions. Cash App does not withhold taxes from transactions.

In Summary

Cash App is a convenient way to send and receive money. However, there are fees associated with some Cash App transactions. By understanding the fees associated with Cash App, you can avoid surprises and make the most of your Cash App experience.

If you haven't yet signed up with Cash App, you can get a signup bonus below.

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