Do you own a prepaid card and want to use it with Cash App? Well, in this post, we will show you how you can transfer money from prepaid card to Cash App. So without further ado, let’s get started.
What is Cash App?
Cash App is a mobile payment app that allows users to quickly and easily send, receive, and invest money. The app, which was launched in 2013 by Block, Inc., formerly Square, Inc., is a convenient way to make peer-to-peer (P2P) payments and is one of many mobile payment apps available on the market today.
While Cash App is not a bank, it does provide banking services and debit cards through its partner banks. In addition, Cash App Investing LLC, a subsidiary of Block, Inc., is a registered broker-dealer with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA).
Cash App users can rest assured that their account balances are FDIC-insured through Cash App’s partner banks. Whether you’re looking to make a quick payment to a friend or family member or want to invest your money, Cash App is a safe and convenient platform to do so.
Can you Transfer Money From Prepaid Card to Cash App?
Before you jump to conclusions about this, it is important to know about the forms of payment that are accepted on the Cash App. And unfortunately, when it comes to prepaid cards, they are not accepted on Cash App.
The reason why is that prepaid cards are not linked to a bank account. While on the contrary, Cash App only allows linked bank accounts and cards including Visa, American Express, Discover, and MasterCard credit or debit cards.
So if you were wondering whether you can transfer money from a prepaid card to Cash App, then unfortunately you cannot. If you still want to use Cash App, then we recommend going with one of the accepted forms of payment.
How to Link a Bank Account to Cash App?
You can try out other accepted transfer options in Cash App. For instance, you can link your bank account to your Cash App in order to use it for future transactions. Wondering how you can do that?
Well, don’t worry in this section, we will give you a detailed guide so that you can link your bank account to Cash App without any hassle. Now, let’s take a look at the steps below:
- First of all, open the Cash App on your device
- After that go to the My Cash option which is easily accessible within the app.
- After that click on Add Bank, and then add your Bank Details in the required fields.
- Once you have listed your Bank Details make sure to double-check everything in order to avoid errors.
- After that, click on the Confirm button to complete the linking process.
So this is how you can easily link your bank account to Cash App without any issues.
We hope that this post was helpful and you were able to find the information that you were looking for.
As we mentioned earlier, unfortunately, you cannot transfer money from your prepaid card to your Cash App. However, you can always use other accepted forms of payment such as linking your bank account or using a credit/debit card.