Money

Cash App Review 2023: Pros and Cons

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The way people bank, invest and manage money has changed rapidly over the past few years and Cash App is one of few platforms that has been nimble enough to adapt to the digital financial world and continue to serve customers’ needs.

The app by Block, Inc. (formerly Square, Inc.) — previously called Square Cash — started as a money transfer app. The app had a particular appeal to communities who are traditionally unbanked or underbanked because of its ease of use, lack of fees and almost exclusively mobile design.

Cash App has continued to expand since its inception in 2013 to include more ways to uniquely serve this customer base and broaden the app’s appeal. Now the app supports money transfers, banking, stock and ETF investing, Bitcoin trading and tax filing.

In our Cash App review, we’ll cover everything you need to know to figure out whether Cash App is the right place for your money — including its banking features, fees, perks and customer service.

Cash App Review: Accounts

Account Minimum Deposit Best for Ease of Use
Cash App Account
$0
Money transfers
Very easy GET DETAILS
Cash Card
$0
Direct deposit
Very easy GET DETAILS Cash App Account

Best for Peer-to-Peer Payments

3 out of 5 Overall

Key Features

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