How Much Do Cash App Charge To Cash Out? [2024]

When it comes to cashing out using Cash App, there are some key details to keep in mind. Let’s break down the fees associated with cashing out through the Cash App platform.

Monthly Fee

One of the appealing aspects of Cash App is that there is no monthly fee to maintain an account. This means you won’t constantly be charged just for using the app or keeping your funds stored within it.

Per Purchase Fee

Another advantage of Cash App is that they do not charge a fee for making purchases. This can be a relief for users who want to make transactions without worrying about additional charges.

ATM Withdrawal Fee

However, if you choose to withdraw cash from an ATM using your Cash App card, there is a fee of $2.50 per transaction. It’s important to be aware of this fee if you frequently rely on ATMs for cash withdrawals.

Paper Money Deposit Fee

If you prefer to deposit money via traditional means using paper cash at a designated location, Cash App charges a fee of $1 for each deposit. This fee helps cover the costs associated with processing physical cash deposits.

ATM Balance Inquiries

When it comes to checking your account balance at an ATM using your Cash App card, there is no fee charged for this service. This can be convenient for users who want to quickly check their available funds.

Summary of Cash Out Fees

In conclusion, while Cash App does not have a monthly fee or charge for regular purchases, there are fees associated with certain transactions such as ATM withdrawals and paper cash deposits. Being aware of these fees can help you make informed decisions when using Cash App for cashing out or other financial activities.