Michelle Legge
By Michelle LeggeHead of Crypto Tax Education
Updated Jan 26, 2024
This article has been fact checked and reviewed as per our editorial policy.

How To Get Free Money On Cash App

Wondering if there's a legit way to get free money with Cash App? Learn about how to get free money with Cash App and avoid scams in our guide.

Cash App has established itself as one of the biggest payment apps in the US and beyond, with a simple interface that helps you manage your money, send and receive payments in a snap, buy and sell crypto, and more. And that’s not all - because there are also some exclusive ways to get free money with Cash App. We’re covering everything you need to know in our guide.

8 ways to get free money on Cash app

1. Refer friends to Cash App and get paid with the Cash App referral program

One of the easiest ways to get free money on Cash App is to spread the joy by joining its referral program. Whenever someone signs up for Cash App using your unique link or code and fulfills the program requirements, both of you will get free money. 

The bonus for the Cash App referral program varies depending on the current promotion but usually sits between $5 to $15.

Read next: What are the best crypto referral programs?

2. Sign up for Cash App and get a bonus

Cash App frequently offers sign-up bonuses for new users, so if you don’t have a Cash App account yet, one of the quickest ways to get free money with Cash App is to create an account!

Depending on when you sign up, the bonus will vary as promotions change, but at the time of writing, you can get up to $25 as a signup bonus.

3. Shop and earn with Cash App Boosts

Cashback with Cash App is known as Cash App Boosts. This section of the app has all the exclusive cashback offers currently active, and it’s regularly updated so make sure to keep an eye out for any new offers.

You’ll need a Cash Card to be eligible for Cash App Boosts. But once you have one, you’ll be able to get free money in return for spending with your Cash Card. You can find and activate existing cashback offers by:

  • Open Cash App and go to the Cash Card tab

  • Select the Boosts icon

  • Look through the offers and select add boost to activate relevant offers

4. Get free Bitcoin with Boost

Want free Bitcoin? Bitcoin Boost lets you earn Bitcoin rewards whenever you spend using your Cash Card. Your Bitcoin rewards will be added straight to your Cash App Bitcoin balance. 

To activate Bitcoin Boost, go to the Boosts section in Cash App and select Bitcoin Boost to add it to your account. You’ll be able to see eligible merchants for Bitcoin cashback in your app. And of course, you can either opt to hold your Bitcoin or sell it for cash, all within your Cash App account. Remember, if you sell Bitcoin for cash - you may be in for a tax bill. Learn more in our US Crypto Tax Guide.

Read next: 15 ways to earn free crypto!

5. Answer a survey to get free cash

Cash App loves to get to know its customers better, and achieves this by doing regular surveys, and Cash App customers are rewarded for taking part with rewards. 

You can keep an eye out for notifications within Cash App to see when surveys are running. If there is, Cash App will provide easy instructions on how to follow the survey, and once you’ve completed it, you’ll get a cash reward straight to your Cash App balance. 

Again, the rewards for Cash App surveys vary depending on the current promotion, but previous surveys have paid up to $5 for just a couple of minutes of your time. 

6. Get a Cash App giveaway

Surveys and cashback aren’t the only promotions Cash App runs. Another opportunity to try and get free cash with Cash App is to take part in giveaways in the app. These promotional events run fairly regularly and let Cash App customers win cash prizes or other rewards.

A word of warning though - one quick search of Cash App giveaways will bring up hundreds, if not thousands of scams. Legitimate giveaways organized by Cash App will be announced in the app, on Cash App’s official social media accounts, or on their website. Do not click links or provide personal data if you’re unsure whether a giveaway is legitimate. 

7. Set up direct deposits for exclusive offers

Customers who set up direct deposits with Cash App will receive exclusive offers (in the form of Boosts). These cashback offers and discounts can be seriously lucrative, so make sure to keep an eye out for promotional offers in the app once you’ve set up your direct deposit. 

8. ATM fee reimbursements

We all hate ATM fees - but not with a Cash Card. Depending on your location and your ATM provider, Cash App often reimburses ATM fees, giving you back money that otherwise would’ve gone to the ATM provider. 

You can check within the app for fee-free ATMs, and to be eligible for reimbursement you’ll need to deposit more than $300 in direct deposits in a month. 

How to sign up to Cash App

If you’ve read all this and not yet made a Cash App account, here’s how to do it:

  1. Download the app on iOS or Andriod

  2. Create your account by entering your phone number or email address

  3. Cash App will send you a verification code to your phone or email

  4. Connect Cash App to your bank account by entering your card information

  5. Pick a unique username (Cashtag) for easy payments

  6. Enter your zip code

  7. You’re done!

Once you’re set up with Cash App, you can:

  • Send money to friends

  • Receive money from friends

  • Pay for stuff

  • Buy/sell stocks

  • Buy/sell Bitcoin

How to stay safe with Cash App

Cash App is a popular and secure app, but it's a common target for scammers. When using Cash App, your safety and security are paramount. Here are some essential tips to help you stay protected:

  • Guard your information: Exercise caution when sharing your Cash App login credentials, personal details, or financial information. Always remember that Cash App will never request sensitive information via email, text, or phone. Be wary of any unsolicited requests for such data.

  • Use secure networks: It's highly advisable to connect to secure and trusted networks while using Cash App. Avoid using public Wi-Fi networks, as they can be vulnerable to potential hackers. Opt for a secure and private connection whenever possible.

  • Keep your app updated: Regularly update your Cash App to the latest version. These updates often include crucial security enhancements and bug fixes that strengthen your protection against vulnerabilities. Keeping your app up to date is a simple yet effective way to stay secure.

  • Stay alert: Maintain a vigilant mindset and stay aware of potential scams that target Cash App users. Be cautious when encountering unsolicited money requests, suspicious links, or offers that seem too good to be true. Trust your instincts and refrain from engaging with any suspicious content.

  • Verify transactions: Take the time to regularly review your Cash App transactions. Ensure that all transactions are accurate and legitimate. If you come across unfamiliar or suspicious transactions, don't hesitate to report them to Cash App support. Quick action can help resolve any issues promptly.

  • Protect your personal information: Safeguard your personal information by being cautious about what you share online. Avoid posting sensitive details like your full name, address, or financial information on public platforms. By keeping your personal information private, you can add an extra layer of security to your Cash App experience.

What’s the Cash App Money generator?

Generally, a scam. One quick Google search for Cash App Money Generator will yield thousands of results that are outright scams. Do not provide your Cash App data to any website you’re unfamiliar with or to any strangers. 

Is the Cash App free money code without verification real?

No, it's a scam. This is another deceptive tactic frequently employed by scammers to deceive Cash App users. Do not trust any website or individual claiming to provide free money without verification, as they are likely attempting to access your information or funds.

Your frequently asked questions...

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Disclaimer
The information on this website is for general information only. It should not be taken as constituting professional advice from Koinly. Koinly is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the website information relates to your unique circumstances. Koinly is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.
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