Software · head to head
Cash App vs Square Cash
The short version
- Each has a real cost: Cash App the App Store listing states free ATM withdrawals and up to 200 dollars in free overdraft coverage on the Cash App Card are only available once a user qualifies for Green status, not to all users by default.; Square Cash cash App Green status (higher savings rate, free in-network ATM withdrawals, overdraft coverage) requires spending $500 or depositing $300 in Qualifying purchases/deposits per month, per the App Store listing
- They diverge on capability: Cash App covers Direct deposit, Square Cash covers Instant deposits.
Where they differ
Only the attributes on which Cash App and Square Cash actually diverge.
| Attribute | Cash App | Square Cash |
|---|---|---|
| Founded | 2013 | 2014 |
Identical on both: starting price (Free), pricing model (free), free tier (Yes), platforms (IOS, Android), user rating (Not yet rated), category (Unknown).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Cash App
- Direct deposit
- Bitcoin trading
- Stock investing
- Cash Card
Only in Square Cash
- Instant deposits
- Transaction history
- Customer support
Both cover
- Money transfers
- Bank accounts
- IOS support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Cash App
- Budget Management
- Expense Tracking
- Investment Tracking
Square Cash
- Budget Management
- Expense Tracking
- Investment Tracking
Both are used for budget management, expense tracking, investment tracking, on those jobs the choice comes down to price and fit rather than capability.
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Cash App
- The App Store listing states free ATM withdrawals and up to 200 dollars in free overdraft coverage on the Cash App Card are only available once a user qualifies for Green status, not to all users by default.
Square Cash
- Cash App Green status (higher savings rate, free in-network ATM withdrawals, overdraft coverage) requires spending $500 or depositing $300 in Qualifying purchases/deposits per month, per the App Store listing
Pricing, plan by plan
Cash App
Free- FreeFree
- Money transfers
- Direct deposit
- Mobile app
- Cash App Investing$undefined/month
- Stock trading
- Bitcoin trading
Square Cash
Free- FreeFree
- P2P transfers
- Instant deposits
- Mobile app
Which should you pick?
Choose Cash App if
- You need direct deposit.
- You want to start without paying.
- You work on IOS, Android.
- You also want bitcoin trading.
Choose Square Cash if
- You need instant deposits.
- You want to start without paying.
- You work on IOS, Android.
- You also want transaction history.
Questions people ask
- Is Cash App or Square Cash better?
- Neither clearly leads. Cash App starts at Free and Square Cash at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Cash App or Square Cash?
- Cash App starts at Free and Square Cash at Free.
- Does Cash App or Square Cash run on more platforms?
- Both run on IOS, Android, so platform support will not decide this one for you.
- Can I use Cash App for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is Cash App best used for?
- Cash App is most often used for budget management, expense tracking, investment tracking.
- What can Cash App do that Square Cash cannot?
- Cash App covers Direct deposit, Bitcoin trading, Stock investing, Cash Card. Square Cash covers Instant deposits, Transaction history, Customer support. Both handle Money transfers, Bank accounts, IOS support, Android support.