Cash App · Cash App Terms of Service · View original document ↗

Interest on Cash App Balance Irrevocably Assigned to Company

High severity High confidence Explicitdocumentlanguage Common · 232 of 352 platforms
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Recent governance activity Cash App recorded 6 documented changes in the last 30 days.
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This analysis describes what Cash App's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Users not enrolled in Savings Yield permanently and irrevocably forfeit any interest that accrues on their balances, with that interest going to Cash App instead.

Interpretive note: The evidence span contains an ellipsis indicating potentially omitted text between the conditional clause and the assignment clause. The canonical claim treats the condition and the assignment as directly linked based on the visible language, which is consistent with the excerpt as presented. Confidence remains high given the clear conditional structure.

Recent Activity

This document changed recently

Medium Jun 30, 2026

The updated terms eliminate the automatic fee waiver for Paper Money Deposits that applied when customers spent $500 or more in qualifying purchases or received $300 or more in qualifying deposits each month. Under the revised policy, all customers are now charged $1 per Paper Money Deposit transaction regardless of account activity level, effective June 29, 2026. This change removes a financial incentive that previously rewarded higher account engagement with fee relief. You can review your deposit patterns to determine whether the $1 per-deposit cost affects your use of this service.

View change record →
Medium Jun 24, 2026

The updated terms restructure tax obligations and add explicit authorization for the company to charge Indirect Taxes on purchases. Previously, the terms focused on Virtual Currency-specific tax responsibilities; the revised language applies tax obligations to all service use, including general purchases and use. The updated terms now explicitly state that the company may charge applicable sales, use, VAT, GST, and similar taxes as required by law, which users agree to pay. The terms also clarify that users are responsible for determining taxes, fees, and governmental charges on all transactions and reporting to relevant authorities. Additionally, the company adds language stating it may report certain tax information to governmental authorities and may request recertification of user information for tax reporting purposes. No specific opt-out or action mechanism is provided; the updated terms apply to all users subject to applicable law.

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Medium Jun 5, 2026

The updated terms establish new authorization rules for minors using Cash App through Sponsored Accounts. When a parent authorizes a Sponsored Account for a teen, the terms now state the parent expressly authorizes the teen to request, receive, activate, and use a Cash App Card and add it to a Cash App Tag without requiring additional parental approval for each action. The terms treat any such request or use by the teen as made at the parent's direction. For children under the teen category, the terms note the child may have limited or no independent ability to request or activate a Card or Tag. Cash App also introduces new fees for the Cash App Tag service: $25 for purchase and $15 for expedited shipping. You can review your Sponsored Account settings to understand what authorization scope you have granted.

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Clause Stability Stable

0
Changes
3
Months Monitored
Jul 10, 2026
First Seen
Jul 10, 2026
Last Seen
This clause type exists across 2318 other provisions on other platforms.

Consumer impact (what this means for users)

Unless enrolled in the Savings Yield feature, users receive none of the interest earned on their Cash App Balance or Savings Balance; that interest is irrevocably assigned to Cash App.

How other platforms handle this

Whatnot Medium

The Seller authorizes Whatnot to deduct any cancellation charge from the Seller's balance, ledger, payouts, or any amounts otherwise owed to the Seller.

Upwork Medium

Upwork will charge Clients a Direct Contracts Fee of $49 for each active Service Contract that is designated as a Client Initiated Direct Contracts.

Minecraft Medium

Realms is a subscription service and the cost is as detailed on the applicable purchase pages and / or platform at the time of purchase

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▸ View Original Clause Language DOCUMENT RECORD
"
Unless you are enrolled in the Savings Yield feature...you irrevocably transfer and assign to the Company all of your rights in any and all interest accrued on you Cash App Balance and your Savings Balance funds...

— Excerpt from Cash App's Cash App Terms of Service

Provision details

Document information
Document
Cash App Terms of Service
Entity
Cash App
Document last updated
May 5, 2026
Tracking information
First tracked
May 21, 2026
Last verified
May 21, 2026
Record ID
CA-P-022723
Document ID
CA-D-00077
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
7bf927051813dbeff43010febdf2538f90eaa9870644d427ba46597713c61af9
Analysis generated
May 21, 2026 04:06 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Cash App
Document: Cash App Terms of Service
Record ID: CA-P-022723
Captured: 2026-05-21 04:06:46 UTC
SHA-256: 7bf927051813dbef…
URL: https://conductatlas.com/platform/cash-app/cash-app-terms-of-service/provision/CA-P-022723/interest-on-cash-app-balance-irrevocably-assigned-to-company/
Accessed: July 12, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Cash App's Interest on Cash App Balance Irrevocably Assigned to Company clause do?

Users not enrolled in Savings Yield permanently and irrevocably forfeit any interest that accrues on their balances, with that interest going to Cash App instead.

How does this clause affect you?

Unless enrolled in the Savings Yield feature, users receive none of the interest earned on their Cash App Balance or Savings Balance; that interest is irrevocably assigned to Cash App.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 232 platforms. See the full comparison.

Is ConductAtlas affiliated with Cash App?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Cash App.