common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with depositing money onto a Cash App card for digital currency transactions?

avatarAbhilash RajagopalDec 30, 2021 · 3 years ago3 answers

I would like to know if there are any fees involved when depositing money onto a Cash App card for digital currency transactions. Can you provide details on the fees associated with this process?

Are there any fees associated with depositing money onto a Cash App card for digital currency transactions?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with depositing money onto a Cash App card for digital currency transactions. Cash App charges a fee of 1.5% for instant deposits, which means that if you deposit $100, you will be charged $1.50. However, if you are willing to wait 1-3 business days for the deposit to process, there are no fees involved. It's important to consider these fees when deciding whether to use Cash App for your digital currency transactions.
  • avatarDec 30, 2021 · 3 years ago
    When depositing money onto a Cash App card for digital currency transactions, there are indeed fees involved. Cash App charges a 1.5% fee for instant deposits, which means that if you deposit $100, you will be charged $1.50. However, if you can wait for 1-3 business days for the deposit to process, there are no fees. It's always a good idea to weigh the convenience of instant deposits against the cost of the fees before making a decision.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with depositing money onto a Cash App card for digital currency transactions. Cash App charges a fee of 1.5% for instant deposits. However, if you are willing to wait for 1-3 business days for the deposit to process, there are no fees. It's important to consider the timing and urgency of your transactions when deciding whether to pay the fees for instant deposits or wait for the free option.