Cash App is one of the more popular money management apps available nowadays. You may need to know how to add a credit card to the Cash app to maximize it. Linking a card will allow you to pay for goods and services without exposing your banking information directly. Not to mention, you can send and receive money easily and quickly. In this article, we’ll take a closer look at how to add a credit card to the Cash app and alternative paths for adding cash to your account.
What Is Cash App?
Cash App is a digital wallet and money transfer app facilitating the transfer of money among peers. The tech company Block (formerly Square Inc.) was established the company in the year 2013 as a direct competitor and alternative to Venmo and PayPal. If you are new to the digital financial revolution, you should know that there are a handful of similar apps. Check out the best mobile payment apps.
Cash App is essentially a digital wallet that can be used to send or receive money from other people. You can also use the app to purchase goods and services online, although this purpose is only secondary. Users can fund their respective accounts through a linked credit card or money sent by others. It’s also possible to request payment from other people through the app.
Aside from its core money management offering, Cash App also offers investment-related services. To be clear, it offers access to a wide selection of stock and cryptocurrency markets for trading. The app itself has most of the functions of a trading app, allowing for the sale of whole or partial shares and cryptocurrencies. The company is also a member of SPIC, a type of insurance coverage for securities.
Cash App has a subsidiary service called Cash App Taxes (formerly Credit Karma Tax). Cash App Taxes is a tax preparation service that helps users complete and file tax forms entirely online. It uses special software that simplifies the tax preparation process and offers users real-time assistance. If you need assistance with your tax filing process, check out the best tax software needed for online filing.
If you wish to make cross-platform transfers, read our PayPal to Cash App article.
How to Add a Bank Account to Cash App
As a digital wallet, Cash App essentially functions as a middleman between banking services and people. Similar to a traditional wallet, it can store funds while keeping sensitive personal or banking information from leaking out. That said, linking your credit card to the Cash app is quite simple. However, note that you need to link your bank account or debit card before you can connect your credit card. Here are the steps:
- Open Cash App on your iPhone or Android.
- Locate the “My Cash” tab and then select it.
- Select the “Cash and Bitcoin” option followed by the “+Add Bank” option.
- Key in your debit card information through the pop-up onscreen and then select “Add Card.” Once your card appears on the system tray, it should be linked by then.
- Alternatively, you may not have an existing card to link, but this shouldn’t stop you from linking a bank account. Select the “No Card?” option to add your bank account.
- Look for and select your bank from the list of banks. Afterward, enter your online banking information, including your username and password.
- Follow through instructions to link your account.
How to Add a Credit Card to Cash App
Once your bank account is added to your Cash app, you can already link your credit card to the account. Take note that the credit card is separate from your debit card, and the credit card you key in must be from the same bank you linked. Take note of the following steps:
- Launch the Cash App on your iPhone or Android.
- Look towards the bottom left corner of the page and select the “My Cash” tab.
- Look for your bank account details by scrolling through to the bottom of the page. Select the “Add a Credit Card” option under the bank account name.
- Type in your card number, expiration date, and CVV number.
- Follow through with the automated instructions to verify your identity.
- Type in your PIN and Touch ID details to secure the linking process. Once your card is linked, you can already close the application or return to the homepage.
- At this point, you have already successfully linked your credit card to your Cash App.
Why Can’t I Add My Credit Card to Cash App?
If you cannot add your credit card to the Cash app, you may want to check if your debit card was added to the platform in the first place. As we’ve mentioned, your debit card needs to be linked to your account before you can link your credit card. So, make sure to link your debit card to your account before troubleshooting the problem.
Another possible reason why your credit card may fail to link to your account is that your account has been temporarily blocked or permanently banned. If you find yourself unable to access your mobile banking app, you may want to check in with your bank about the status of your account.
Another potential reason why your credit card may fail to link to your account is that you may have entered the wrong credit card credentials. That is to say, you may have made a minor mistake in your card number, CVV, and expiration date, which will prevent the system from recognizing your card.
If none of the abovementioned causes apply to your case, or if you suspect a technical problem is the cause of the issue, you may have no choice but to contact the Cash app customer support.
What Types of Cards Are Accepted by Cash App?
Of course, there are limitations as to the type of credit cards or even debit cards that the Cash app will accept. As of late, they accept both credit and debit cards from brands like Visa, MasterCard, American Express, and Express. The Cash app also allows for the transfer of funds from prepaid cards, although these cards themselves do not accept deposits from the app. ATMs, PayPal, and other business cards are currently not supported on the platform.
If your credit card is not supported in the Cash app, you may want to check out this list of the best PayPal alternatives.
How to Add Cash to Your Cash App Without a Bank Account
Adding your credit card to your Cash app account will allow you to fund your account directly from a banking source. However, it’s important to note that this is not required. You can readily use the Cash app without a linked bank account. That is, you should still be able to send and receive money through the app even without a linked bank account.
If you don’t want to link your bank account or credit account to your Cash account, you can readily do so. It won’t affect your usage of the app as you can still send and receive money from others, and that is the other way you can fund your account. If you have a friend or family member with a Cash app account, you can pay them and have them send the digital equivalent of the money through the app.
The other party simply needs to have an active Cash app account as well as a running balance to send you money. They don’t need to have linked debit or credit cards either to send you the money to fund your account. However, they are preferably adults as the Cash app only accepts members at least 13 years old and above, with those between ages 13 to 18 requiring parental consent to use the app.
Once the money comes through to your account, you can use it to send it to other people or to pay for items online. Cash App also issues a special prepaid card called Cash card, and you can use this card to withdraw funds from your account through ATMs.
Final Thoughts on How to Add a Credit Card to Your Cash App
This concludes our guide on how to add a credit card to your Cash app. Adding or linking your credit card to your Cash app account will allow you to set aside money for various tasks. Whether it is to pay for goods and services or to send to other people. Instead of paying directly, you can reroute your payment through the app. This also helps when you want to avoid exposing your personal or banking information. It also comes with the benefit of instantaneous processing for peer-to-peer money transfers. Plus, it has low barriers to entry due to the lack of a requirement for a bank account. With all things considered, while linking your banking or credit card to your account is not necessary, it comes highly recommended.