How to Send Money Using Credit Card on Cash App
In today’s digital age, sending money to friends and family has become easier than ever. With the emergence of various mobile payment apps, one of the most popular options is Cash App. Owned by Square Inc., Cash App allows users to send and receive money with just a few taps on their smartphones. While Cash App primarily uses bank accounts and debit cards for transactions, it is also possible to send money using a credit card. In this article, we will guide you through the process of sending money using a credit card on Cash App and answer some frequently asked questions.
Step by Step Guide:
1. Download and install Cash App: Start by downloading the Cash App from the App Store or Google Play Store. Once installed, open the app and create an account by providing your email address or phone number.
2. Link your credit card: To send money using a credit card, you need to link it to your Cash App account. Tap on the profile icon at the top left corner of the screen, then select “Add Bank or Card.” Enter your credit card details, including the card number, expiration date, and CVV.
3. Verify your credit card: Cash App will send a verification code to the phone number or email address associated with your credit card. Enter the code to complete the verification process.
4. Set up a payment: To send money using your credit card, tap on the “$” symbol at the bottom center of the screen. Enter the amount you wish to send and tap “Pay.” You can choose whether to send the money to a phone number, email address, or Cash App username.
5. Select your credit card: If you have multiple payment methods linked to your Cash App account, make sure to select your credit card as the source of funds. Cash App will display all available payment methods, including your credit card, bank accounts, and debit cards. Tap on your credit card to proceed.
6. Confirm the transaction: After selecting your credit card, review the details of your transaction, including the recipient’s information and the amount you wish to send. If everything looks correct, tap “Confirm” to complete the transaction. Cash App will instantly send the money to the recipient.
Q: Can I send money internationally using a credit card on Cash App?
A: No, Cash App currently only supports domestic transactions. You can only send money to recipients within the United States.
Q: Are there any fees for sending money using a credit card on Cash App?
A: Yes, Cash App charges a 3% fee for sending money using a credit card. This fee is deducted from the total amount you send.
Q: Can I send money using someone else’s credit card on Cash App?
A: No, Cash App only allows transactions using payment methods linked to your own account. You cannot use someone else’s credit card to send money.
Q: Is it safe to send money using a credit card on Cash App?
A: Yes, Cash App uses encryption and various security measures to protect your financial information. However, it is always wise to exercise caution when sharing sensitive information online.
Q: Can I receive money on Cash App using a credit card?
A: No, Cash App only allows users to receive money into their Cash App balance through bank accounts or debit cards. Credit cards can only be used to send money.
In conclusion, Cash App provides a convenient way to send money using a credit card. By following the simple steps outlined in this article, you can easily send money to your loved ones within the United States. However, it is important to be aware of the fees associated with credit card transactions and the limitations of international transfers. Always ensure that you verify the recipient’s information before confirming the transaction.