First of all: how does Cash App work?
Cash App’s main function is as a good old-fashioned peer-to-peer payment service (think Venmo).
As well as sending and receiving money from friends, you can use Cash App for a load of other functions liiiike:
💲 Paying for purchases
💲 Digital banking
💲 Investing in stocks and Bitcoin
Cash App is free to download and its core functions (making peer-to-peer payments and transferring funds to your bank) remain free.
Who owns Cash App?
Cash App is owned by Block Inc., formerly Square Inc. Cute geometry glow up there babe.
Block is big things in the financial tech industry, so you can be sure the app is secure.
However, you do need to be careful of anyone offering methods of making free money outside of the app. There are plenty of ways to earn and save money with Cash App, but they should all be found within the app itself or through Cash App’s official social media. Let’s jump in.
How to make money on Cash App when you first sign up
If you don’t already have a Cash App account, you can earn $5 when you sign up.
You’ll need to search and enter a recent Cash App free money code.
There is one condition: you also need to make a transaction of at least $5 in the first fourteen days of signing up. But this works out if you were gonna make that transaction anyway.
How to make money on Cash App by referring a friend
Referring friends is another way to make money through Cash App. You can get up to $15 for every friend that you refer.
To refer your friends, you need to find the "Invite Friends" button on your personal account tab and select it. There are three ways you can invite your friends to start using the app:
💲 Give Cash App access to the contact list on your phone so the app can text a link
💲 Add phone numbers manually, so the app can text an invite link
💲 Add your friends' email addresses manually, so the app can email an invite link
Just remember: If your friends don’t enter your referral code, you won’t get the bonus cash and neither will they 😩
Make sure they remember to submit 👏 that 👏 code 👏
If you're stressed about money right now though...
Quick plug. If you're reading this post thinking, "cool story Cleo, but I'm about to overdraft and I could actually use $50 right now". Don't worry, we got you covered.
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Hit the button below to get the app and check your eligibility.
How to make money back on Cash App with Cash Card Boosts
Boost is a cash back rewards program available for users of the Cash App Cash Card. The Cash Card is a free, customizable debit card that is connected to your Cash App balance. It can be used anywhere Visa is accepted.
The Cash App Cash Card is a reliable way to get one-time discounts from places like DoorDash, Taco Bell, and PlayStation Store. They can be anywhere from 5-15% off.
Most users don’t know about Boosts because they’re not applied automatically.
This is how to activate a Cash Card Boost:
💲 Tap the Cash Card icon from the Cash App startup screen
💲 Tap the “Save With Boost” button
💲 Scroll through the list of available Boosts and tap the one you’d like to activate
💲 Read the Boost’s restrictions, and when you’re ready to activate, tap “Activate Boost”
💲Make an eligible purchase with your Cash Card (a logo will show you which Boost is active, and it will be automatically applied)
There are some limits to using Boosts, though. You cannot use a Boost more than once in a one-hour period. Sometimes Boosts will also specify how often an offer may be used in a time frame, such as once every six hours.
How to get free money with Cash App contests
Usually this involves entering your $Cashtag and any relevant hashtags to your social media posts.
A popular giveaway on Fridays is with the hashtag #CashAppFriday.
Obviously, the more you play, the more chance you have of winning 😈
How to borrow money from Cash App
Ok, lastly, you might have heard of Cash App Borrow. Unfortunately, Cash App Borrow is still being tested, and so isn’t available in most states.
You can find out everything you need to know about borrowing money from Cash App in our article all about it.
Enjoy this post? Give it a share or send it along to a friend. You never know, it could make a big difference. Big love. Cleo💙
**Eligibility requirements apply.