If the mere thought of whether you can transfer money from your credit card to a Cash App wallet has led you to the stage of confusion, trust me- you are not alone. It happens with every new cashapp user. A few years ago I also asked this question to myself. But, now the time has changed and Cash App has added a lot of new features and simplified the task of sending and receiving the money to and from contacts. I am going to make you aware of the true & false facts about linking & using your credit card to Cash App wallet. So, without any further delay, let’s find out Can you really send money from your credit card to your Cash App card or not.
The straightforward answer to this question is- No. As of now by July 2020, it is not possible to transfer your money from your credit card to your Cash App payment app. Though you can link your credit card to your wallet but loading money through it to your cashapp wallet is not possible.
But, still, I recommend you to link your credit card to your Cash App wallet. Why? Because you can buy Bitcoin & stocks on cashapp with your credit card. Also, you can send money & make payments using your linked credit card. Find below more information about how to add a credit card to the cashapp payment account.
You might be interested in knowing the fee & charges that come with using a credit card on cashapp before adding it to your payment app. If yes, here we go. Cash App charges a 3% fee on every transaction you do using your credit card. The same is also applicable when you buy BTC and stock with your credit card. However, there is no fee for making any transaction with a debit card. Also, you can transfer money from your debit card to a Cash App wallet without any fee.
But, a piece of good news is that adding a credit card is free. Hence, you can add your card with the help of the below-mentioned steps and think later about whether you should use it or not.
Important Note: If you are not getting an option to link your credit card to your Cash app wallet, then don’t be upset. What happens when users don’t add a debit card to their Cash App wallets or delete their bank account or debit card after adding it. Hence, before adding your credit card take a minute to add your debit card first with the help of the same steps mentioned above.
I recommend you to use your debit card to reload money to your Cash App card. Before I proceed, let me clarify that adding money to a cashapp card & cashapp wallet both convey the same meaning. So, don’t get confused between these two phrases.
Alternatively, you can request money from your contacts and add funds to your cashapp account. But, the most reliable way is to use your debit card and put money yourself without any further delay. So, here are the steps to follow:
Important Note: If your transaction fails but money is deducted, take a minute to read the Cash App refund process.
So far we have discussed whether you can send money from your credit card to a Cash App card or wallet. We also discussed how to load money to your Cash App wallet using a debit card and connect a credit card in simple steps. For more information about it, you can read- how to link a credit card to a Cash app wallet.