Cash App Has Grown Into a Fully Featured Financial Platform

If there was ever a time to grab your finances by the Benjamins and take control, it’s now. Uncertainty is weighing on people. Will inflation continue to be a hot mess? When are interest rates finally going to simmer down? Will I owe a chunk of change in taxes this year? Many of us feel like we don’t know where our money is going, both monthly and big-picture. 

For some, the closure of Zelle’s app only complicates this already fraught moment, as users will lose access to a financial tool that perhaps they came to depend on. According to Zelle, the app no longer processes payments as of March 31. Don’t take the departure of Zelle’s app lying down. It’s an opportunity to reassess how you manage your money. 

Cash App

Your favorite secure payment app adds saving and investing tools

A Change in Direction Brings New Possibilities

Luckily, there’s an app that not only can slide in and provide P2P services similar to Zelle, but also help you flip the script on what might be a generally ick relationship with money. Of course, we’re talking about Cash App. Cash App can help you get a grip on your money moves and know where every dollar is going. 

With Cash App, you get a comprehensive financial services platform with secure payments, high-yield savings, and investing tools. If it’s been a minute since you explored it, here’s a quick update on what Cash App has been up to these days.

Instant Transactions and Early Paydays

At the core of Cash App’s platform is the secure, lightning-fast P2P payments system that’s also great at direct deposits. Cash App users can send and receive money instantly, with zero transaction fees. Because those transactions settle immediately, your cash balance within the platform is up-to-date. 

When it comes to getting you paid, Cash App is changing the way direct deposits are handled. Wednesdays are starting to pull a little more weight because paychecks directed to Cash App can settle up to two days earlier than traditional bank processing often takes. Better still, you don’t pay all the fees commonly associated with banks, like monthly account maintenance and overdraft fees.

When deposits roll in, Cash App’s intuitive interface makes it easy to arrange for portions to automatically go toward bills, friends named Bill, savings, and even stocks and bitcoin. And when you save, your cash gets to work earning a competitive interest rate—as high as 4%*. (Just follow the steps here.) And unlike many banks, Cash App won’t charge you fees based on account balance or transfer activity. A single dollar is all you need to get started on saving. 

Your Financial Horizons Get to Expand

Putting a portfolio in your pocket is easy with Cash App’s investing tools. You can instantly acquire and sell stock and ETFs, even fractional shares for those who wish to invest specific dollar amounts. (Got a buck? You can invest.) Market news and analysis are built in, plus the ability to set up real-time alerts when prices are in flux. 

Cash App also gives you seamless access to bitcoins. You can set automatic buy orders for bitcoin whenever your paycheck lands, and opt to round up everyday purchases to include some bitcoin. 

Security Built Into Every Cash App Function

Unfortunately, many bad actors abuse P2P payments platforms for fraud and scams. Fortunately, Cash App has invested heavily in technologically sophisticated tools to protect users’ assets and their data. 

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The platform monitors for fraud, protecting users from suspicious payments that otherwise could lead to loss. Regular identity verification helps ensure that only you are making decisions about your money. Plus, the bitcoin you hold through Cash App isn’t stored online, making it safe from hacking. 

Whenever you’re ready to control how your money moves, visit cash.app to learn more. Plus, joining is seriously easy peasy. 

DISCLOSURES:

Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. Direct deposit provided by Cash App, a Block Inc. brand. See Terms and Conditions. 

Brokerage services by Cash App Investing LLC, member FINRA/SIPC, subsidiary of Block, Inc. Bitcoin services provided by Block, Inc. Investing, and purchasing bitcoin involves risk; you may lose money. Cash App Investing does not trade bitcoin and Block, Inc. is not a member of FINRA or SIPC. For additional information, see the Bitcoin and Cash App Investing disclosures.


Fractional shares may involve additional risks. Fractional shares are not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares see our Cash App Investing Customer Account Agreement.

Additional fees for securities may apply such as regulatory fees and fees to transfer securities externally. Please see our House Rules for more information.



P2P services, direct deposits, and savings are provided by Block, Inc. and not Cash App Investing LLC.

*To earn the highest interest rate on your Cash App savings balance, you need to be 18 or older, have a Cash App Card, and direct deposit at least $300 monthly into Cash App. Sponsored Accounts are not eligible to earn interest. Other exceptions may also apply. Cash App will pass through a portion of the interest on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. Savings yield rate is subject to change.