Aseem Kishore · March 29, 2019 · 5 min read It should be easy to send and receive money online, whether for a dinner payback, an instant birthday gift, a small loan, or any other reason. Fortunately, there are lots of online money-sending apps and services to pick from, so which should you choose?
One option is Cash App. It’s available online and via the mobile app, and it’s dead-simple to set up and even easier to use.
Cash App Top Features
We like Cash App for several reasons:
- Zero fees*
- Funds are available instantly
- Sign up with your existing bank card
- Get a free debit card to use with Cash App
- Buy Bitcoin
- Earn rewards
- Add recurring cash into your own account
- Receive payments via direct deposit
Given the Cash App features, you can use it for a variety of reasons. Maybe you want an extra bank to store just your vacation money, an allowance card for your children, a solid way to finally get paid back instantly from your sketchy friends, or as a method for earning some extra money via rewards.
No matter why you want a Cash App account, you’ll find that it’s super easy to use, extremely convenient, and 100% free for nearly every single feature.
*The only times you’re charged is if you withdraw money from an ATM (the ATM charges the fee) or if you want to withdraw money instantly instead of waiting a few days for it to go from Cash App to your bank.
How to Sign Up
There are two ways to sign up for Cash App: use the iOS or Android app, or make an account from the website. Let’s walk through the process from the website:
Step 1: Enter your email address or phone number.
Step 2: Type the code you were sent to your email/phone.
Step 3: Enter your debit card information to connect your bank.
Step 4: Type your full name.
Step 5: Decide on a $Cashtag, which is a unique username people can use to send money to you (more on this below).
Step 6: Enter your ZIP code.
How to Send and Receive Money
Since Cash App works both from a computer and the mobile app, you can send and receive money either way. Your account is accessible wherever you log in, so sending money online from a computer, for example, is the same as sending it from your phone; although using a phone is usually easier for most people.
When you’re logged in to Cash App from your computer, click New at the bottom of the screen to open a new window where you can start the money-sending process. Just enter an amount, write out who you want to send it to (their email address, phone number, or $Cashtag), and then optionally describe what the transaction is for.
Then, hit the Request money to send the request to the recipient, where they’ll see it on their computer or phone and be able to respond to it to send the money to you. Or, if you’re sending money to them, use the Pay button to instantly transfer the money into their Cash App account.
Note: You can send money to anyone, even if they don’t have a Cash App account. They’ll receive a signup notification via the method you used (email or phone number), and if they don’t accept the money after a period of time, it will expire, and you’ll keep your money.
A similar procedure is available from the mobile app: type the amount using the on-screen keypad, and then pick either button to send or request the cash. Finally, pick who the recipient(s) should be and provide “For” text to keep things organized.
Yet another way to get money from someone through Cash App is via your $Cashtag. When you made your account, you created a unique username that other Cash App users can utilize to easily send you money. They can do this through their own app or by visiting your special URL.
For example, visiting https://cash.me/$jongfisher in a web browser lets you send money directly to this user with any debit card. The person could also send money directly to $jongfisher via their app or online account.
Note: There are no receive limits for Cash App but there are send limits: $7,500 /week and $17,500 /month.
How to Cash Out
You can cash out from your Cash App account through the website or app. You can also spend your money directly from the Cash App debit card.
To cash money from your Cash App account via the app, tap your profile image at the top of the screen, go to Cash, and then choose Cash Out to pick how much you want to send to your bank.
You can also visit your Cash Card page from a web browser and cash out there.
If you want to “cash out” via spending your money directly from the debit card, just use it like any card! The Cash App card is a Visa card, so it’s accepted anywhere Visa cards are permitted.
Note: You’re limited to $25,000 /week cash outs via your account. ATM withdrawals are limited to $250 /transaction, $250 /24 hours, $1,000 /week, and $1,250 /month.
