Cash App has grown to be a payment solution you can’t avoid. More people are turning to the app, and you have no option but to follow the tide.
However, if you’ll transition from banking in standard banks to banking online, all your major cards and accounts should also transition well.
With 70% of the US population holding a credit card, you’re not alone in your quest for how to use a credit card on Cash App.
In this article, I’ll show you how to link your credit card to Cash App. You’ll also learn what you can use the credit card for and if you should do that in the first place.
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What Is A Credit Card?
If you’re reading this, you should already know what a credit card is. It is simply a card issued by a bank or some authorized financial institution that lets you use cash advances that you’ll be required to repay in the future with interest.
While credit cards look identical to debit cards, they’re different. A debit card will require you to deposit money before spending.
While debit cards are generally better for managing your finances, some credit card-only perks will always keep you coming back, no matter how much you try to keep away from credits.
Also, credit cards generally have better fraud protection than debit cards. It sounds logical, as the bank will want to secure its money as much as possible.
For example, you only get to lose up to $50 if you report suspected fraudulent activities on your card quickly. Also, you can dispute purchases if you checked out with a credit card. With your debit card, you are at the mercy of the retailer.
For the above-listed reasons, you might find yourself using a credit card more often than a debit card. Now, do you want to link your card with your favorite money app?
We’ve got you covered.
Can You Use Your Credit Card on Cash App?
Cash App doesn’t issue credit cards, but you can link your credit cards to the app. It wasn’t available initially, but as the app progressed, Cash App developers saw the need to add the functionality.
Now, you can link your credit card to your Cash App and use money from your credit card on your Cash App.
How To Link Your Credit Card To Cash App
Before using your credit card for your Cash App transactions, you have to link the card to the app first.
The steps for adding a credit card are strikingly similar to that of adding a debit card. If you have added a debit card previously, you won’t need a guide for this.
Otherwise, follow the steps below to link your credit card to your account.
- Open the app on your smartphone. Cash App is only available for Android and iOS smartphones.
- Navigate to your profile tab. It is also known as the “My Cash” tab. Its icon looks like that of a house in the bottom left corner of your screen. You can manage your account from this tab.
- Find and select “+ Add Bank.” It follows “Bitcoin” and “Cash” options. Link your bank account with your Cash App account to be able to add a new card.
- After linking your bank account, you can return to your “My Cash” tab, and you’ll find an option to add a credit card. Select this option.
- Cash App will require you to enter some information about your credit card. You will need to enter the card number, the CVV, the expiry date, and a ZIP code.
- After entering all the information, tap the green “Add Card” button below the screen. If everything goes as expected, the card will appear in the list of your payment methods. You can then proceed to use your credit card with your Cash App account.
Why Can’t I link My Credit Card to Cash App?
You might be unable to link your credit card to Cash App if you’re doing it wrong. It will also fail if you’re not using one of the supported credit cards.
Before blaming Cash App, make sure that you’re trying to link an actual credit card. Your card might be a debit card, ATM card, or business debit card. PayPal cards are also not supported on Cash App, at least for now.
The only credit cards that Cash App currently accepts are credit cards from Visa, American Express, MasterCard, and Discover.
If your card isn’t any of these cards, you might face difficulties trying to link your card with your Cash App account.
If you need to use a credit card with Cash App, you can consider getting one of the supported ones from banks or financial institutions that issue the cards.
Are Credit Cards Better Than Debit Cards for Cash App?
You’ve learned how to use a credit card on Cash App, but is this necessary?
Do credit cards offer any real benefit over debit cards?
If you’re using a debit card issued by your bank, you might want to consider adding a credit card, as you can enjoy numerous benefits unavailable for debit cards.
However, Cash App does offer a debit card that competes favorably with credit cards in the market.
While your Capital One Venture Rewards credit card offer 60,000 miles on every $3,000 you spend on the card, Cash App gives you 10% off at Check-Fil-A and whole foods, plus you also get a dollar off in any coffee shop.
And you still need a credit card?
Conclusion
More than 70 percent of Americans own at least one credit card, with many owning two or three. It is no surprise, therefore, when people seek how to use a credit card on Cash App.
Seek no more, old sport. This article will teach you all you should know about using a credit card on Cash App and if it’s worth it in the first place.