Cash App is one of the best money transfer platforms operating in the US. The platform also works in the UK, and users can transfer funds between the two countries. However, it does not work internationally with other money apps such as Payoneer, PayPal, Skrill, and World Remit. Despite being so localized, the platform has made a significant impact on the people of the US and UK. Since you require funds in your account to use it, we shall see how to add physical cash to Cash App.
Adding money at a physical place here means topping up money at a physical location. Even though the main ways you can add funds to your account are mainly online, some places allow you to load funds to your account. As we shall see, the process is not usually direct but through Cash Card. A Cash Card is a debit card from Cash App that allows you to use your Cash App balance.
You must open a Cash App account to use its services. The services, as we shall see shortly, include Sending and receiving funds, Withdrawing funds to a bank. Also, you can buy goods and services, among other ways, using your account. You only require a smartphone, a tablet, or a computer to carry out the process. When using a smartphone, you need to download the relevant application from the relevant site, and you are good to go.
What is Cash App?
Cash App is a digital money transfer platform that allows you to receive and send funds. The service is a product of Square, a payment platform that relies on Point of Sale systems to help businesses accept payments. Cash App is not a bank but a mobile wallet that offers similar services to a bank. The platform operates like other services such as PayPal, Payoneer, and Venmo.
Square started the service in 2013 to compete with platforms such as Apple Pay, Venmo (a product of Paypal), and Google Play. It aimed to provide Peer-to-peer payment services to allow users to use their smartphones and tablets to pay for goods and services, bills, and transfer funds to friends and family.
Paying bills and sending funds to others is one way to get money off Cash App without a card or bank account. You will see how you can withdraw funds from Cash App to a bank account.
How do you open a Cash App account?
Usually, the first question that people who hear about Cash App for the first time ask is how you can open your account. As I have just mentioned, the process happens online, using smartphones or computers. A tablet can also work. After the account application, you can also request the Cash Card debit card for your transaction activities.
The following are the guidelines to get started with the service.
- Visit Cash App online if using a computer and hit on sign up.
- If using a mobile phone, download the Cash App application
- Hit on it to launch
- Enter your phone number to get started. You can also use your email address
- Enter the code sent through text or email
- Invite people to the platform to earn funds if you feel like it.
- Next, enter your debit card details and link your bank account to the service
- Choose a $Cashtag username to use to transfer and receive funds
- Enter your zip code
As I have mentioned, you can request the Cash Card once your account is active. I can reload my Cash App card when I top up the general Cash App account and use it just like other regular debit cards.
How does Cash App work?
Once you open your account, you need to have money to use for your transactions. You can add money using your debit card or bank account. A credit card also works, but it is costly since you have to pay a 3% fee for the service. After adding funds to your Cash App account, you can use your account for various transactions.
When the platform has no cash, it is useless since you cannot transact with it in any way. You can request others to send funds to your account as a way to top up. Again, you can transfer money from your account to other accounts with ease. Sending and receiving funds over the platform is free. When sending money, you require the username, phone number, or email of the recipient.
As I have mentioned above, the service has a debit card that you can use to carry out various transactions such as withdrawing money at an ATM, paying for goods and services online and at physical stores, and paying bills. You can also withdraw money from your account to your bank when the need arises. It is also straightforward to transfer money from Cash App to a debit card.
How to add money on Cash App?
There are various ways you can add funds to your account. They include the following.
i) Request money from others
You can send a request to your friend to send you funds when the need arises. They are then able to see the request message and act accordingly. The following is the procedure to request funds from others.
- Tap the $ on the main screen
- Enter the amount you want to request
- Tap Request and search for a $Cashtag. You can also use the Phone number or email address of the person to request funds.
- Add a note
- Tap Request to finish the transaction
Once you are through with the process, the concerned person receives your request and acts accordingly.
ii) Direct deposit
Cash App allows you to receive funds via direct deposit. If you receive government benefits such as tax returns, unemployment benefits, retirement payments, and veterans benefits, among others, you can opt to receive them in your Cash App.
Direct deposits arrive earlier in the platform as it is with traditional banks. For your information, adding money to your account via direct deposit is one way you can add money to Cash App without a debit card.
iii) Add money from a credit card
A credit card also works when adding funds to your account. You need to add the card details just as your debit card details. These include the card number, the expiry date, and the validation code. However, note that you will be charged 3% of every transaction you make. That makes the usage of credit cards an expensive activity that should be discouraged at all costs.
iv) Add from a bank account
When you add your debit card to your account, you usually link your checking account to the platform to add money when the need arises. To add funds from your bank, you must log in to your online account, navigate the Banking tab, hit on it, and follow prompts.
Using a bank account to top up your account is one of the best ways to top up your account. Remember that you can use online or the regular banks. For example, one can transfer money from Chime to Cash App to add to their balance.
How to add physical cash to Cash App?
To add money to Cash App at physical locations, you must have a Cash Card. As I said earlier, Cash Card is a debit card that allows you to use your Cash App balance. With the card, you can add funds at physical locations, and the funds are also reflected in your main Cash App account.
The following are places you can add money to your Cash Card.
- 7-Eleven
- CVS
- Family Dollar
- Rite Aid
- Dollar General
- Dollar Tree
- Target
- Walgreens
- Walmart
You need to note that a $4 reload fee may apply. However, reloading at Walgreens is free.
How to transfer cash from Cash App to a bank account
Most online platforms allow you to transfer funds to a bank account. For instance, you can transfer money from Chime to your bank account. Similarly, you can transfer money from another bank account to Chime. Chime operates purely online and thus has no physical branches. However, its services are like those of a regular bank.
You can talk with customer care online via a phone call or chat. I mentioned that you can add funds to your account using a bank account. You can also withdraw money to your bank account using the process below.
- Hit on your balance in the lower left and open the Banking tab
- Select the Cash Out button
- Enter the amount you want to withdraw
- Tap the Cash Out button and finish
Depending on the urgency, you can either use the instant transfer or the standard one. When carrying out the process, you transfer money using the routing number and account number of your account. Remember that these are the details you require when adding a bank account.
Bottom line
Cash App is a digital money transfer platform operating in the US and UK. It allows you to open an account online using smartphones, tablets, or computers. Once you open your account, you must add funds to use it. You can use your bank account, receive from others or rely on a direct deposit. The service also issues a debit card that you can use for various transactions.
