Square has made life easier for US residents by introducing Cash App. Since the inception of Cash App on October 15, 2013, known then as “Square Cash“, it has grown into one of the best digital banking sectors in the United States. With the app, you can send and receive money instantly, Borrow money, enjoy instant boost rewards, and invest in stocks and bitcoin.
” As a US resident, with Cash App, your digital banking problems are covered”
Cash App supports credit and debit cards. You can link either a credit or debit card to your account, for payment purposes.
As you read through, you’ll learn how to add a credit card to Cash App, the supported credit cards, card fees, and other related issues.
Now, let’s get to the real deal.
Can You Link a Credit Card to Cash App?
Yes, you can link a “Credit Card” to Cash App.
Previously, this feature was missing from the app. However, they realized how helpful it would be, so they introduced it. You can link cards from the biggest credit and debit card companies, the likes of Visa, MasterCard, American Express, and Discover. It doesn’t end there, also you can add a Prepaid Card to Cash App.
But, the sad part is, you can’t add money to the prepaid card.
Note: you need to link your Bank Account details or your Debit Card before you can add a credit card.
Sorry, you can’t add your Paypal, Business Debit Card, or ATM Cards, in Cash App. They are not supported on the app for now.
How to Add a Credit Card to Cash App?
To connect a credit card on Cash App is not stressful/difficult. It seems difficult because of Some minor mistakes users make when entering their card details. If your card number, CVV Code, and Expiry date are added correctly, you can’t experience a decline.
Here are the steps to add a credit card to Cash App.
- Open your Cash App and navigate to “My Cash” and click on it
- Under the “Cash” and “Bitcoin” tabs, you’ll see the “Credit Card” option. (make sure you’ve linked your bank account)
- Enter your credit card CVV Code, number, expiry date, and full name(make sure the name on the card is the same as the one on your Cash App)
- Finally, put in your PIN or use your Touch ID to complete the request.
Your credit card is connected successfully to your Cash App, you can now make payments and withdraw with it.
What Is The Fee For Using Credit Cards On Cash App?
Credit Card fee is the reason users prefer debit card over credit card on Cash App. You can use your credit card to withdraw money and also pay for purchases, the same with a debit card. But you’re charged a 3% fee any time you make a payment using a credit card, unlike a debit card. Debit card payment is free on the app.
Hence you’re using a credit card on Cash App, be aware it has an imposed fee charge on any payment made.
Why Can’t You Link a Credit Card on Cash App?
As I stated slightly earlier, some reasons can restrict you from linking your credit card on Cash App.
Wrong Card Details: it could be a result of incorrect card information such as Expiry date, number, CVV, and full name.
Old App Version: if you’re using the old Cash App version, you’ve to update to the latest version, before you can link it.
Server Issue: if there’s a breakdown from Cash App, your request might not go through.
Non-Supported Card: it could be a result of linking non supported cards on Cash App.
Deactivated or Expired Card: if your card has expired or been deactivated, it will not go through.
Card on Hold: also if your credit card is put on hold temporarily by the providers, it cannot connect to Cash App.
After checking and correcting these issues and the problem persists, you can reach out to Cash App Contact Support team.
What is Cash App Credit Card Cash Advance?
Card issuers often consider credit card payment on Cash App as a cash advance. You’re at risk when you send money or buy gift cards directly from financial stores, they might regard it as a cash advance.
If you don’t want to incur a high-interest rate on a cash advance, you’ve to go through the terms and conditions of the service providers.
Most of your credit card payment shows as cash advance on the card statement. Debit cards are the best to use on Cash App.
My Credit Card Payment Was Declined, What Could be the Cause?
You can have a failed credit card payment on Cash App.
However, if your payment is declined, Cash App will return the money to your balance or your credit card instantly. In some cases, it might take up to 1-3 business days.
Here are some reasons your payment was declined on Cash App,
You entered incorrect recipient information.
The credit card name is different from the one on Cash App.
You send funds to an unverified Cash App user.
It’s been a long time since you used Cash App.
How to Send Money on Cash App With a Credit Card?
After adding your credit card on Cash App, (You must add a bank account or debit card first) you can select credit card as your payment source from the option.
Follow these steps to send money using the credit card
- Fill in the amount you want to transfer
- Add the recipient’s details
- Click on the amount you want to transfer, located at the middle top
- Select “Credit Card” from the option
- Finally, click “Pay” to complete the transaction.
What Prepaid and Virtual Cards Work with Cash App?
Cash App supports most prepaid cards. But it must be “Reloaded”, they don’t support non-reloaded.
However, here are the most popular prepaid cards you can use on Cash App
Brinks Prepaid Master Card.
Greenlight Prepaid Debit Card.
Netspend ViSa Prepaid Card.
Government Issued Cards.
PayPal MasterCard Prepaid Card.
MyVanila Prepaid Card
Bluebird by American Express.
Akimbo Prepaid MasterCard.
Chime ViSa Debit Card.
Ally Bank Debit MasterCard.
Upgrade Cash Rewards ViSa.
OpenSky Secured ViSa Credit Card.
Petal ViSa Credit Card.
PREMIER Bankcard Secured Credit Card.
You can comfortably link your credit card on Cash App for payment and withdrawal purposes, by providing the required information. But before you do that, make sure your debit card details or bank account is already linked on the app.
To avoid the 3% payment fee on credit card and high interest rate on cash advance, it is advisable to use a debit card on Cash App.