Cash App is a financial services platform that allows you to easily send, request, and receive money from friends and family. It also offers a free debit card with exclusive discounts on everyday spending, making it easy to save money while shopping. Additionally, Cash App offers a free tax filing service with no hidden fees, making it a convenient and affordable option for filing your federal and state returns. This app is not affiliated with any government entity and uses information from IRS.gov and local tax authorities.
You can also use Cash App to receive your paycheck up to 2 days early by depositing it into your Cash balance using your account and routing numbers. This feature also applies to tax refunds, unemployment benefits, stimulus checks, and more. Plus, if you deposit $300 or more in paychecks in a month, you can get up to $50 in free overdraft coverage.
Cash App also makes it easy to invest in bitcoin, with the ability to buy it for as little as $1 and turn spare change into BTC every time you spend using the Round Up feature. You can also set up direct deposit to get paid in bitcoin and turn on recurring buys to grow your investment over time. With Cash App, your bitcoin is completely yours and can be withdrawn to different wallets at any time.
For those interested in buying and selling stocks, Cash App offers commission-free trading with the ability to start investing with as little as $1. You can track stocks, investments, and follow companies to stay updated on their performance. However, regulatory and external transfer fees may apply.
Cash App also offers a customizable, no-hidden-fee, secure Visa debit card that works everywhere Visa is accepted. You can design your own card and receive it by mail, as well as a virtual card for instant purchases. Additionally, Cash App allows you to set goals and save for them automatically, with the option to save spare change using Round Ups. This feature has no minimum balance, fees, or need for a separate account.
Cash App is available for anyone 13 and up, with the option for parents or guardians to sponsor an account for younger users. It is not a bank, but rather a financial services platform with banking services provided by Cash App's bank partner(s). Bitcoin services are provided by Block, Inc. and fractional shares are not transferable. Investing involves risk and may result in loss of money. Cash App also offers customer support via phone or mail.