With close to 50 million monthly active users, Cash App is the most popular financial app in the USA. But what if I say that you can even get some free cash from this app? So, do you want to know how to get free money on Cash App right now? We got you covered!
From Cash App surveys to legit games, from sweepstakes to referral bonuses, there are many ways to get free money right on your Cash App account. You can even claim a free $5 joining bonus!
But most of these avenues are a bit tricky. So, I took it up as a personal challenge to figure out the ten best ways to get free money using just the Cash App account. Let’s get started!
Need Easy & Extra $300/Mo For Free?
Does Cash App Offer Free Money?
Yes, Cash App does offer free money to its users in the form of sweepstakes and referral commissions. Besides, you can also get a $5 joining bonus for free when you become a Cash App user for the first time.
You can use our Cash App free money code, BR8RDQX, during your signup process to claim your $5 joining bonus.
Once you become a user, you can take part in the #CashAppFriday sweepstakes to win a jackpot, cash prizes, and goodies!
But you need to verify your account to participate in these sweepstakes. And not only that, but you may also get transaction errors if you are yet to verify your account. But don’t worry, as you can follow my latest hacks to stop Cash App from declining payments.
10 Secret Ways To Get Free Money On Cash App In 2024
You may not still believe it, but there are many ways to get free money on Cash App, even in 2024.
So, I’ve personally tried almost all the available options. Here are my top 10 recommendations for this year!
1. Get A $5 Joining Bonus From The Cash App
Many people have already asked me how to get free money on Cash App without doing anything. But most of them don’t know that you can claim a $5 signup bonus by using a Cash App free money code in 2024.
The process is super simple, although you need a referral code to claim it! Just download the app from this link, and the referral code will be auto-applied.
Use the “BR8RDQX” referral code in Cash App to get your $5 joining bonus!
And to know how it works and also to get the claiming process, check out our detailed guide on how to use the Cash App referral code.
Once you have entered this code and created an account, the next step is to link a debit card or bank account with your Cash App. Your signup bonus will be automatically credited after that!
2. Get $15 Per Referral On Cash App
You can only claim the joining bonus once! But what’s after that? Don’t worry, as you can now invite your friends, colleagues, and family members to join Cash App and earn $15/referral or more in return!
So, if you want to know how to get money on Cash App for free, the referral program is surely your best bet. You can even suggest them unique Cash App names as an incentive for joining through your referral.
Inviting friends and getting your referral commission is easy. Just follow these steps!
- Step 1: Launch the Cash App on your smartphone and log in to your account.
- Step 2: Tap on your profile picture located at the top-right corner.
- Step 3: Tap on the “Invite Friends” option (white “+” icon).
- Step 4: Once Cash App asks for permission to access your contacts, allow it.
- Step 5: Tap on each contact, and your referral link will be automatically sent.
- Step 6: Once anyone joins through that link, you’ll get your referral bonus.
You can also manually copy your referral code and ask your friends to use that code while they join Cash App for the first time. To get all the details of your referral earning, tap on your profile picture on Cash App.
Note: Once the referrals you’ve invited join Cash App, they need to complete at least a $5 transaction before you can claim your referral bonus. But they will also get an additional $5 as a joining fee. So, that’s a win-win situation for your referrals, too!
3. Get A Cash Card And Shop With It
If you want to get free money on Cash App instantly, cashback is the best option here. But to get it, you need to first have a Cash Card. This VISA debit card issued by Cash App offers a lot of benefits to the users.
You can claim around 5% to 20% cashback and discounts while shopping with this card. And if you use your Cash Card in a restaurant or coffee shop, you can claim up to 10% cashback in bitcoins.
And to pep it up (especially if you are a gen-z), you can try some cool Cash App card design as well, which includes neon and glow-in-the-dark!
You can easily apply for your Cash Card from the Cash App itself!
- Step 1: Log in to your Cash App account and navigate to the home screen.
- Step 2: Tap on the “Cash Card” tab.
- Step 3: On the next page, tap on the “Get Cash Card” tab and select your preferred color and design.
- Step 4: Enter other details for customization, such as $Cashtag and signature.
- Step 5: Tap on the “Done” button.
- Step 6: Enter your physical mailing address and tap on the “Next” button.
- Step 7: Confirm your Cash App name on display and tap on the “Next” button again.
- Step 8: Read the disclaimer and associated charges of the Cash Card.
- Step 9: Tap on the “Continue” button to complete your application.
My Findings: It can take up to 10 business days to get your Cash Card delivered to your place. And once you get it, you need to activate it through your Cash App account before you can start using it.
4. Use Cash App Card Boosts
Boosts are exclusive deals from Cash App to its users, where they can get discounts and cashbacks while shopping from their favorite merchants, both offline and online.
Using these boosts should be on your to-do list if you want to know how to get free money on Cash App in the USA. You can get up to 99% discount on your qualified purchases, although the average discount is between 5% and 20%.
Check out our updated Cash App Boosts lists in 2024 to know about all the ongoing offers and discounts.
It is also easy to activate any particular boost on your Cash Card! Follow the steps!
- Step 1: Launch the Cash App and navigate to the “Cash Card” tab.
- Step 2: Tap on the “Saving With Boost” option.
- Step 3: Select any of the available boosts, and it will be activated on your card.
- Step 4: Purchase from that retailer (online or offline) using your Cash Card.
- Step 5: Discount will be auto-applied, and cashback will be credited to your Cash App account.
Note: You can activate just one boost on your Cash Card at a time. But you can swap the boost for unlimited times. So, activate the boost that you are planning to use soon.
5. Trade Stocks/ETFs Through The Cash App
Stock and ETF trading is undoubtedly among the best ways to make $50,000/year from home, as it can really garner some hefty profit if you do it right!
Many people even want to know how to get free money on Cash App instantly without fully understanding the power and potential of stock trading.
You can invest in both publicly traded stocks and exchange-traded funds (ETFs) through Cash App, although I personally prefer investing in S&P 500. These top 500 publicly traded American companies yielded positive Y.O.Y growth.
Conditions: You need to be at least 18 years old and must have a brokerage account (verified with your social security number) to invest in stocks. You also need to verify your Cash App account.
How To Buy Stocks In Cash App?
- Step 1: Launch the Cash App and tap on the “Stocks” option under the investment tab.
- Step 2: Tap on the search bar (Magnifying glass icon) and enter the name of the stock you are willing to purchase.
- Step 3: Tap on the “Buy” button.
- Step 4: Select among various prefixed amounts or enter your amount for the stock.
- Step 5: Follow the on-screen instructions to verify your purchase information.
- Step 6: Enter your Cash App PIN or use your Touch ID to complete the transaction.
- Step 7: Stocks that you have purchased will be automatically added to your “Stocks” section.
How To Sell Stocks In Cash App?
- Step 1: Tap on the “Stocks” option on your Cash App home screen.
- Step 2: Tap on the stock that you want to sell from your investment portfolio.
- Step 3: Tap on the “Sell” button.
- Step 4: Select among prefixed amounts, enter your amount, or sell the entire stock.
- Step 5: Enter your Cash App PIN or use Touch ID to confirm the sale.
- Step 6: Total amount of the stock sales will be added to your Cash App balance.
Statutory Warning: Investing in stocks, ETFs, and even fractional shares are subject to market risk. So, please understand the risk factors and read the documents carefully before investing.
6. Invest In Bitcoins Through The Cash App
Bitcoin has made a quantum jump between 2020 and 2022, where the price of a bitcoin went more than $60,000/unit. And even in mid-2023, it is moving between $25,000 and $30,000 per unit.
So, if you are looking for ways to make $50,000 super-fast, investing in bitcoins can be a great option. Even if you don’t know how to get free money on Cash App on Android, you can start your cryptocurrency investment journey with just $1.
Cash App is a big advocate of Bitcoins in America, as they have garnered more than $2 billion in revenue from Bitcoins alone in the first quarter of 2023.
And now, you can buy up to $10,000 worth of Bitcoin in 7 rolling days right from your Cash App.
Statutory Warning: Investing in cryptocurrencies is highly risky (even riskier for new investors), as this market is extremely volatile. And it is also tough to predict the trend of the crypto market.
7. Participate In Cash App Sweepstakes
If you want to know how to get free money on Cash App without downloading anything, participating in their official sweepstakes can be a great option. It is also among the best ways if you are looking for ways to earn free money right now.
You can also get the details of current sweepstakes by searching #CashAppFriday on Twitter.
It is very easy to participate in those sweepstakes, as you just need to submit your name or $Cashtag.
Cash App randomly selects winners and announces them on social media handles. And if you are lucky enough, you can get your jackpot credited directly to your Cash App account.
Note: Many people have doubts about the legality of lotteries, sweepstakes, and giveaways in the USA. Check out Dreamshala’s latest study to know if the lottery is rigged or not!
8. Complete Tasks And Get Up To $750 In Cash App
Yes, it is very much possible to get up to the $750 reward on Cash App! But, if you want to know how to get free money on Cash App where no survey is associated, it is not the right one.
You need to take part in different surveys and complete various small tasks to get the $750 reward. Besides, it is not initiated by Cash App. Rather, it is a promotion program from Flash Rewards.
Flash Rewards is also known for its crazily-popular $750 Shein gift card deal.
You need to complete just 20 deals on Flash Rewards to claim your $750 reward, which will be directly credited to your Cash App account. However, it is only available to American citizens.
9. Play Games And Get Your Winning Amount On The Cash App
If you are a gamer, you must have already known the ways to get free money on Cash App without human verification or any other requirements. Yes, there are games that pay through Cash App.
If any minor in your family is now using Cash App for kids, they can also participate in those games. There are many platforms that offer this opportunity in 2024. And here are our top 7 recommendations!
Warning: These games may require you to deposit money to participate in live tournaments. So, you are requested to make sensible decisions and not make any kind of gambling a habit!
10. Save With Free Cash App ATM Withdrawal
Benjamin Franklin said, “A penny saved is a penny earned” for a reason, as it is the universal (read financial) truth! And what could be better if you know the ways to save money on fees and commissions on Cash App?
Every time I visit a Cash App ATM near me, I have to pay a fixed $2.50/transaction withdrawal charge.
You can withdraw up to $1,000/transaction per day from Cash App ATM. But no matter how small the amount you withdraw, you need to pay this $2.50 charge per transaction.
But there is a way to waive those withdrawal charges. You need to receive $300 through direct deposit on your Cash App account to get unlimited free ATM withdrawal options.
If you get $300 through direct deposit, you can avail yourself of unlimited withdrawals at in-network ATMs and one free withdrawal at out-of-network ATMs for that month.
These charges will be instantly reimbursed to your Cash App account.
Can You Borrow Money From Cash App?
Many people have even asked me how to get free money on Cash App without participating in any sweepstakes or without completing any tasks. There is an option as well, all thanks to Cash App!
You can now also borrow money (as a short-term loan) from your Cash App account.
You can borrow between $20 and $200 (depending on your financial profile) for a loan tenure of 4 weeks (+1 week of grace period).
If you can’t repay the loan within the grace period, an additional 1.25% per week finance charge will be added on top of that. So basically, the APR is 60% if you pay the loan on time.
Now, let’s compare it to other loans! The APR of personal loans is capped at 36% in all states. So, a bank or a lending institute can charge up to 35.99% APR on personal loans.
If you talk about payday loans, the APR can vary between a whopping 391% and 521%. So, the Cash App loan may not be as lucrative as a personal loan, but it is definitely a far better option than payday loans.
Note: Fraudsters may forge a payment receipt and can make you believe that your loan is already disbursed. So, to stay safe against these scams, follow my latest guide on how to spot a fake Cash App screenshot in 2024.
Once you understand how to get free money on Cash App, you need to then select your preferred option and get started. It is best to take part in their referral program if you are a networking guy (or girl).
If you are good at small tasks, you can participate in surveys and games that pay through Cash App. But beware of the notorious Cash App flips, as they are straight-out scams!
Besides, you must not hope for an unprecedented amount while trying any of the ways I’ve mentioned on this blog.
If you want even more ideas for making money, consider checking our posts on:
- 25 High Paying Cash App Surveys To Make Money
- How To Get Cash App Free Money Code? [Get a $1000 Free Bonus]
- 43 Cash App Games That Pay Real Money
Hello there, I’m Siva Mahesh, an MBA Finance post-graduate and a Remote Career & Personal Finance blogger for 5+ years. Over the years, my work has been featured on US News, Entrepreneur, MSN, Yahoo Finance, GoBankingRates, EverQuote, Legal Zoom, The Simple Dollar, Databox, Business.com, Business News Daily, Venngage, Score.org, and more. My primary mission is to help our readers maximize their earning potential with legitimate online business ideas, side hustles, and passive income ideas we publish on Dreamshala. Currently, more than 100,000 readers from all around the world visit this blog every month and learn new ways to improve their finances.