If you are a Cash App user and looking to use a credit card on Cash App, you are on the right post. In this guide, we will cover the complete steps on how to use Credit Card on Cash App including how to add credit card to Cash App, how to send money from Credit Card along with the fees and steps involved.
Cash App is a peer-to-peer payment app that allows you to send, receive and invest money. With Cash App, you can link a payment method including a bank, debit card, or credit card.
Cash App supports credit cards of major brands like Visa, MasterCard, American Express, and Discover. The option to link a credit card is not accessible unless you have added a debit card to Cash App. That’s just the way Cash App has configured.
When you link a debit card, you can use it to add money to Cash App as well as cash out your balance. However, with a credit card, you can ONLY use it to make payments or send money over Cash App. Also, there is a 3% fee charged by Cash App for using a credit cards to send money. This is in addition to any fees charged by the bank issuing your credit card.
Can you use Credit Card on Cash App
Yes, you can use a credit card on Cash App by adding it as a payment method. However, to access the option to add a credit card to Cash App, you should have linked a bank debit card.
Do note that you can use a credit card in Cash App ONLY to send money or make payments. A credit card cannot be used to add money to Cash App. Also, you cannot cash out your Cash App balance to a linked credit card.
Further, Cash App charges a 3% fee for sending money using a credit card. This is in addition to any fees that may be charged by your credit card company.
Some credit card issuing banks may treat sending money over Cash App as equivalent to a Cash advance. This may invite heavy charges on the credit card. So make sure you have gone through your bank credit card terms before using the card on Cash App.
Let’s now see the steps on how to link a credit card to Cash App.
How to Add Credit Card to Cash app
Make sure you have a debit card linked to Cash App before attempting to add Credit Card. You can add a credit card to Cash App by following the steps below:
- Open Cash App
- Tap on the profile icon (person icon insider circle)
- Select “Linked banks” from the list
- Tap on “Link Credit Card” which is the last option (Note: this option will show only if you have a debit card added)
- Enter the credit card details like card no., CVV, Zip code etc.
Now, what if you face any issues in linking your credit card, let’s see how to tackle that.
Can’t add Credit Card to Cash App
First of all, make sure you have added a debit card first to Cash App to get the option to add a credit card. If you face an issue while linking a credit card, make sure you have entered the correct details like CVV, Expiry date, etc.
If you have confirmed the details and the issue still persists, it could likely be a case where the credit card is not supported by Cash App. In such a case, it is best to try adding an alternate credit card instead since the issue could be either with the bank issuing your credit card or the Cash App.
Sometimes you get an error message like “This Card is not supported because the issuing bank charges cardholder additional fees.” where the card is not supported by Cash App due to the fees involved from the issuer side.
Add Money to Cash app with Credit Card
Cash App does not allow you to add money to your Cash App account using a credit card. You can only use your linked credit card to send money to another Cash App user, not your own account.
To add money to Cash App, you have to use your bank account or debit card only.
How to Send Money with Credit Card on Cash App | How to Use Credit Card on Cash App
Once you have added a credit card to Cash App, you can follow the below steps to send money using a credit card:
- Open Cash App
- Enter the amount that you want to pay
- Tap on “Pay“
- On the next screen, at the top, tap on the dropdown shown below the transfer amount and change it to “Credit Card” (it shows Cash Balance or debit card by default)
- Enter the name of the recipient
- Add a note if required
Key Points to Note
- You need to add a debit card first to be able to add a credit card on Cash App.
- A credit card cannot be used to add money to Cash App or cash out your funds. It can only be used to send money.
- Sending money using Credit Card will have 3% Cash App fees (apart from any fees charged by your credit card company)
So there you go, you can add a credit card to Cash App, but only if you have added a debit card first. There are fees involved and credit cards cannot be used for cashing out or adding money to Cash App. It is also best to check with your credit card issuer if there are any additional charges involved to avoid surprises.