How To Get Free Money on Cash App

Cash App
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Cash App is becoming popular because of the numerous ways you can make money from the platform. Cash App allows you to:

  • Pay for purchases
  • Send money
  • Receive money
  • Enroll for direct deposit
  • Invest
  • Access digital banking services

While Cash App is free, the platform charges some fees for miscellaneous services, such as instant deposit and ATM fees.

Keep reading to find out how you can make money on Cash App.

5 Ways To Get Free Money on Cash App

There are several ways to earn cash on Cash App, such as through a sign-up bonus or referral, Cash Card Boosts, and sweepstakes and giveaways. Here’s a look at options that are available.

1. Request Money

Choose a person by entering their email address, phone number or $cashtag. You can then add a note on what the money is for.

2. Earn a Bonus When You Sign Up

When you first join Cash App after receiving a referral from a friend, you can earn a bonus. Make sure you have your friend’s referral code to get the cash bonus. You will also need to link a debit card to your Cash App account and complete a transaction of at least $5 within two weeks of entering the referral code.

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3. Refer Friends

You can get free money on Cash App by referring friends to join the app, as soon as you create your account. You can earn cash for every new user who joins the app using your referral code, links a debit card to their Cash App account and sends $5 within two weeks of entering your referral code. Tap on the profile icon from the home screen of the app and then tap on the “Invite Friends” button to get started.

You can refer friends to Cash App in three ways:

  • Send an invite through your contact list.
  • Enter your friend’s phone number, and the app sends a text with the invite to your friend.
  • Submit your friend’s email address, and Cash App will send them an email about joining the platform.

4. Sweepstakes and Giveaways

You can earn cash or discounts, also known on the platform as Boosts, by entering Cash App sweepstakes and giveaways. Check Cash App’s social media channels for current sweepstakes and giveaway offers.

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5. Bitcoin Boost

You also can get free money on Cash App when you activate a Bitcoin Boost and make a qualifying purchase using a Cash Card, which is a free Visa debit card. The money you earn is in the form of bitcoin, which you can convert into cash by selling.

Use Cash Card Boosts To Save Money With Cash App

To easily save money with Cash App, you can obtain a Cash Card and activate Boosts from the app. You will then get discounts at participating merchants, such as retailers, restaurants and coffee shops. Cash App notes that you can only have one active Boost at any given time, but you can change Boosts anytime you’d like to do so.

Cynthia Measom contributed to the reporting for this article.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

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About the Author

Lydia Kibet is a freelance writer specializing in personal finance and investing. She's passionate about explaining complex topics in easy-to-understand language. Her work has appeared on GOBankingRates, Investopedia, Business Insider, The Motley Fool and Investor Junkie. She currently writes about investing, banking, insurance, real estate, mortgages, credit cards, loans and more. Connect with her on Twitter or moneycredible.com.
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