7 Cash App Features You Should Know

Cash app is a mobile payment app (iOS, android) that enables the simple and convenient two-way transfer of money.

7 Cash App Features You Should Know

This eliminates the inconvenience of handling physical cash or visiting the bank.

Cash app has many other features which are useful for its users. Some of these features are given below.

1. Boost Feature

With Cash App’s boost feature you can get discounts at restaurants, shopping websites, and other services. This feature is available for those who have an active debit card.

Select the boost feature in the card section and you will be introduced to many different options to save money. The app will tell you the minimum purchase you must make to be eligible for the discount and also the maximum discount you can expect to receive. You can switch out the boost features when needed.

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While this feature helps you save money, there are other ways you can make money on the Cash app. This blog post is about how to get free money on Cash App. It will teach you the different ways that you can make money on Cash App.

2. Cash Card

Cash App gives you an option to get your very own Cash card. You can use this card anywhere to make purchases and even integrate it with Google Pay and Apple Pay. You can order this card by verifying your personal information and address.

New users can get their cards in a few business days after setting up their Cash App account. The activation process is super easy and you use the app to scan a special QR code on the card’s packaging.

3. Unique Identification

A big advantage of the Cash App is that you can make transfers without having to enter any personal information. This information includes User ID, bank account number, or the registered phone number.

$Cashtag is a unique identification code for individuals and businesses who use the app. Using the recipient’s $Cashtag, a person can transfer money without entering any personal information. This makes online payments secure and stress-free.

The $Cashtags can be customized according to certain rules regarding the number and type of characters. Only verified users who have an active debit card can have a $Cashtag.

4. ATM Fee Reimbursements

Cash App users who deposit $300 or more into their Cash App account every month receive ATM fee reimbursements. This is applicable to 3 ATM withdrawals in 31 days and saves you up to 7 dollars per withdrawal.

5. Higher Transaction Limit

The normal transaction limit for Cash App users is $250 per week and the receiving limit is $1000 per month. However, if you verify yourself by giving your full name, last four digits of your SSN, and your date of birth, you can access a higher sending limit of $7500 per week. There is also no limit to receiving money.

6. Buy And Sell Bitcoin

One amazing feature of the Cash App is that you can buy and sell Bitcoin. Bitcoin is a cryptocurrency that is stored in digital file formats. The transactions are made directly without the involvement of banks.

You can go to the investing section in the bottom menu of the Cash App to access the Bitcoin feature.

Using the buy button, you can purchase the amount of Bitcoin you desire. You will receive full details of the transaction, including the funding source, exchange rate, and fees.
In order to send Bitcoin, select the withdraw option instead. Enter your wallet address and confirm it with your pin. Make sure you have a sufficient Bitcoin balance in order to withdraw.

7. Buy And Sell Stocks

With Cash App, you can not only buy and sell Bitcoin but also stocks. This feature is great for first-time stock investors.

The Cash App investing feature is also great for mobile and online traders. You only have to pay $1 to start investing. There are no monthly fees or minimum balance requirements. However certain trades will require you to pay government-mandated fees.

Conclusion

If these features excite you, you should definitely consider installing the app. You can enjoy regular discounts and a hassle-free money transfer process.

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