Version history

Cash App added a new optional feature that automatically sells Virtual Currency from your account to cover ACH debit payments. When enabled, the feature instructs Cash App to execute a Sell transaction at the time an ACH debit is requested, converting Virtual Currency to Fiat Currency to cover the debit amount. You will not receive separate notice before each automatic sale, and the price of Virtual Currency may change between the time the debit is requested and when the sale is executed.

Cash App added a new feature allowing users to receive bitcoin payments over the Lightning Network and have them automatically converted to USD and credited to their Cash App Balance. The updated terms authorize Cash App to receive inbound bitcoin on the user's behalf, convert it to USD at the applicable rate, deduct fees, and credit the resulting amount. Users are notified that the USD amount may vary based on market factors, the feature may not be available in all jurisdictions or for all transfers, and once initiated, the conversion may not be reversible.

Cash App added a new Bitcoin Bonus program to its Virtual Currency Services terms. The program allows Cash App to offer promotional bitcoin bonuses based on eligible Virtual Currency balances, requires users to opt-in to participate, and permits Cash App to modify, suspend, or terminate the program at its sole discretion. Bonuses are calculated from a balance snapshot, may be rounded or delayed, and users remain responsible for any applicable taxes.

Cash App revised its identity verification procedures and account upgrade requirements. Previously, the terms stated that restricted accounts would be converted to a Prepaid or Debit Flex Account after identity verification, and that you would need to provide personal information to upgrade. The updated terms now state that Cash App may obtain and verify identity information through third-party verification services, that conversion to a full account is not guaranteed even after verification, and that you may need to provide personal information (rather than will need to). The terms also add that verification does not guarantee access to all services and that Cash App may require additional verification steps before granting access to certain accounts or services.

Cash App updated its terms to clarify how ACH transfers work and expanded the types of payment cards users can link. The terms now specify that deposits via bank routing number are processed as ACH transfers that take up to three business days to clear, and that money is added provisionally until the transfer fully clears. If a transfer fails or is canceled, Cash App may deduct that amount from the user's balance. Additionally, American Express cards can now be linked alongside Visa, MasterCard, and Discover. The terms also restructured and expanded the cancellation procedures for recurring transfers, distinguishing between transfers into the account (Auto Reload and Auto Save) and transfers out (merchant ACH debits), with specific merchant blocking procedures for outgoing transfers.

Cash App revised its Cash App Tag pricing and eligibility terms. The purchase fee changed from a flat $25 to "up to $250" with the specific amount disclosed before purchase and varying based on factors like the specific tag chosen or account type. Additionally, Cash App Tags are now available to Children through Sponsored Accounts, whereas previously they were explicitly unavailable to Children; the terms also clarified that cards may be virtual and/or physical, and removed language requiring independent ability to use a Cash App Tag.

Cash App introduced a new optional service called 'Earn in P2P' that allows eligible sole proprietors to receive business payments directly in their personal Cash App account without opening a separate business account. The service requires identity verification, a valid Social Security Number, and accurate designation of payments as either 'Earnings' (commercial) or 'Personal' (non-commercial). Users must comply with tax reporting requirements, including potential 1099-K reporting and 24% backup withholding if a valid SSN is not on file.

Cash App updated its Local Cash rewards program terms and introduced a new Cash App Beta program section. The Local Cash section now uses permissive language ('may have the opportunity') instead of assertive language ('have the opportunity'), clarifies that check-in methods may vary, removes the restriction on using Local Cash for tips and taxes, and adds a requirement that tips must be paid with Local Cash when Local Cash covers the entire pre-tip transaction amount. The new Beta program section establishes terms for early access to unreleased features, including acknowledgment of bugs and crashes, performance monitoring, opt-out rights, and Cash App's right to remove access at any time for any reason including inactivity.

Cash App removed the Paper Money Deposit Fee waiver that previously applied to customers who met spending or deposit thresholds. Previously, customers who spent $500 or more in qualifying purchases or received $300 or more in qualifying deposits each month would have their $1 Paper Money Deposit Fee waived until the end of the following calendar month. Under the updated terms, all customers are now charged $1 for every Paper Money Deposit transaction regardless of their activity level. The terms also removed Paper Money Deposit from the list of fees waived for Cash App Green customers, replacing it with Free Overdraft access as a benefit.

Cash App revised its tax-related terms to clarify responsibilities and expand disclosure obligations. The updated terms now explicitly state that all amounts are exclusive of indirect taxes (sales, use, value-added, and similar taxes), which Cash App may charge separately as required by law. The company removed detailed language assigning tax responsibility solely to users for virtual currency transactions and replaced it with broader language covering all Service use, while adding new provisions requiring users to provide tax information and certifying its accuracy, and requiring Cash App to report certain tax information to authorities.

Cash App expanded its terms to introduce the Cash App Tag, a physical contactless payment accessory linked to your Cash App Card. The updated terms also clarify rules for teen and child Sponsored Accounts, including how minors can request and use Cash App Cards and Tags. New fees were added: $25 for a Cash App Tag purchase and $15 for expedited shipping.

Cash App revised its account verification and transaction limit policies. Previously, the terms stated that withdrawal limits were available via a separate link and that transaction limits could be temporarily imposed on individual Cash App Cards. The updated terms now explicitly state that if you have multiple Cash App Accounts, Cash App reserves the right to aggregate balance, spending, transfer, and withdrawal limits across all accounts associated with you. Similarly, if you have multiple Cash App Cards, transaction limits will be calculated across all your cards regardless of card issuer, except for cards authorized for a Sponsored Person.

Cash App added three new sections to its Terms of Service describing stablecoin and bitcoin conversion features. The updated terms establish that users can convert USD to stablecoins for withdrawal to external blockchain addresses, deposit stablecoins to convert back to USD, and automatically convert incoming peer-to-peer payments to bitcoin. The terms clarify that users never own or hold the stablecoins themselves, Cash App retains title, and users bear full responsibility for providing correct blockchain addresses, with no recovery available for funds sent to wrong or incompatible addresses.

Cash App added a new section to its Terms of Service describing the Cash App Credit Score feature. The updated terms establish that this score is designed to help users understand their financial activity and for Cash App to determine product eligibility, but explicitly state it is not shared with lenders, is based only on Cash App data, and does not reflect credit scores from banks or consumer reporting agencies. Users are restricted to personal, non-commercial use only and may not represent the score to third parties or use it to apply for credit.

Cash App discontinued its Gift Card product and converted all existing Gift Card balances to cash equivalents added to user Cash App Balances. The updated terms remove the previous Gift Card redemption rules, including restrictions on cash redemption and merchant-only usage, replacing them with a single statement that Gift Cards have been discontinued and existing balances converted to cash value.

Reissued 2026-10-07: this change was first recorded in reverse as CA-X-001207, which was withdrawn; this record describes it in the order it happened. Cash App is discontinuing its Remittance Service effective May 1, 2026. Pending remittance payments will continue to be processed unless canceled, and any remittance payment still pending on May 21, 2026 will be canceled automatically and refunded to the sender. The notice repeats an existing term that cash-pickup remittances not collected within 21 days are canceled. The terms also set the gift card cash-redemption threshold at $15 for Receipts in California, alongside the general $10 threshold.