How much does it cost to send 2000 on Cash App?

Transaction Fees for Sending Large Amounts on Cash App

Cash App has become a popular mobile payment platform for its convenience and ease of use. However, when it comes to sending large sums of money, it’s important to be aware of the transaction fees involved.

No Fees for Bank Account Transfers

For transactions initiated from a linked bank account, Cash App does not charge any fees for sending up to $2,000. This makes it a cost-effective option for sending large amounts to friends, family, or businesses.

3% Fee for Credit Card Transfers

However, if you choose to send money using a credit card, a 3% transaction fee is applied. This fee is charged regardless of the amount being sent, including when sending $2,000.

Example

To illustrate the fee structure, let’s consider the following example:

• Sending $2,000 via bank account: No fees
• Sending $2,000 via credit card: 3% fee ($60), resulting in a total charge of $2,060

Additional Fees for Instant Transfers

In cases where you wish to make a transfer instantly, Cash App offers this option for a 1.5% fee. The fee is applied in addition to the 3% credit card fee if you choose to pay with a credit card.

Conclusion

Sending $2,000 on Cash App is free if you use your bank account. However, if you choose to use a credit card, a 3% fee will apply. To avoid these fees, consider using a linked bank account for large transfers. Additionally, be aware of the 1.5% fee for instant transfers. By understanding the transaction fees involved, you can ensure efficient and cost-effective money transfers on Cash App.