How to Close a Cash App Account

If you go out with your friends or close acquaintances a lot, you might often want to split the bill. The Cash App has made that easy by allowing you to split any sum equally among friends or others and then pay each other. However, sometimes, for whatever reason, you might want to close your account. In this article, we’ll go over the process of closing your Cash App account.

What Is Cash App?

Cash App is a peer-to-peer money transferring app. In short, you can send money to others or receive money using your bank account via the Cash App. It also allows users to request money from any person in their contact list who is also using the app. The app ties to your active bank account and issues a Cash App visa debit card as an optional feature. This allows you to use your Cash App account funds and even withdraw them from any ATM.

It is free to create a Cash App account, and once you do, you will be given a username of your choice called a $cashtag. Using that username, you can send/receive or request money from other Cash App users.

How to Delete Your Cash App Account

Before you delete your Cash App account, you need to make sure to transfer all your funds into your bank account.

Steps to transfer funds back to your bank account:

1. When you log in to your Cash App account, you will see the general home page that allows you to send or request money from people.
2. To the bottom, you will see the home icon. Press it, and you’ll reach the Cash App home page and find the “cash-out” button.
3. Once you press that button, all your funds will be directly transferred to your linked bank account.

Steps to delete your Cash App account:

1. Once you transfer all your funds to your bank account and have withdrawn your Cash App balance, you can delete your Cash App account.
2. On the same screen where you selected the “cash-out” button at the top right, select the “profile” icon.
3. A list of options will appear, then select the “support” link.
4. When you press the “support” link, you will see a list of everyday help items. At the bottom, you will find an option labeled “something else.”
5. When you press that, you will see a list of additional account options. Within that list, you will see an option called “account settings.” When you press that, you’ll move on to the account settings page.
6. Once on the account settings page, you can delete your Cash App account by pressing “close account” and then choosing “close my Cash App account.”

Once you do, it will take you to a different page that explains exactly what it really means to close your account. Read it and make sure you understand everything. When you’re ready, press the “confirm closing account” button at the bottom.

Once you do this, your account will be deleted, and your $cashtag will become void. If anyone chooses to send that username any money going forward, they will receive an error.

How to Delete Cash App for Someone Who Has Died

If you wish to delete a loved one’s account, the process is exactly the same as deleting your own account as long as you know their password. If you don’t, you will have to contact Cash App’s customer care and explain the situation to them.

You need to have the bank account and other details of that person with you when you contact customer care to prove your claim.

Alternatives to Cash App

If you’re looking for alternatives to Cash App for sending and receiving money, consider these eight apps:

PayPal

Widely used, but has higher fees for international transactions.

Venmo

Popular in the US, features social interaction.

Zelle

Fast bank-to-bank transfers within the US.

Revolut

Offers various account plans with multiple currency options.

Best Lenders for Cash App Users

OneMain Financial (Best for Low Rates)

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on website

OneMain Financial Personal Loan

4.5

Stilt’s lender ratings reflect the findings and opinions of our editorial staff. Our scoring methodologies consider a wide array of factors and data points for every lender, offering, and financial solution.

Min. credit score

None

Fixed APR

18.00-35.99%

Variable APR

N/A

View details

Overview

• Minimum credit score: None.
• Fixed APR: 18.00-35.99%.
• Loan amounts: $1,500-$20,000.
• Repayment: 2 to 5 years.

Qualifications

• Must possess a Social Security number or individual taxpayer identification number.
• Minimum age: 18 in most states.
• No set minimum credit score, but some credit history is preferable.
• No specific minimum income, but must cover personal expenses and the loan’s monthly payment.

Pros

• Flexibility to select and modify your payment date.
• Offers both joint and secured loan options.
• Provides quick loan disbursement.
• Enables direct payments to creditors for debt consolidation.
• Comes with a seven-day policy for loan cancellation.

Cons

• Interest rates are relatively high compared to competitors.
• An origination fee is applicable.
• Doesn’t offer any rate discounts.
• Offers a restricted range of loan amounts.
• APR is not displayed during pre-qualification.

Achieve (Best for Bad Credit)

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on partner page

Achieve Personal Loan

4.5

Min. credit score

620

Fixed APR

7.99-29.99%

Variable APR

N/A

View details

Overview

• Minimum credit score: 620.
• Fixed APR: 7.99-29.99%.
• Loan amounts: $5,000-$50,000.
• Repayment: 2 to 5 years.

Qualifications

• Must reside in a state where Achieve’s loans are offered.
• Minimum credit score: 620.
• Maximum debt-to-income ratio: 45% (mortgage excluded).
• No set minimum income.
• Credit history of at least three years with two accounts.
• Current debt should not be delinquent.
• No bankruptcy in the past 24 months.

Pros

• Offers various rate reductions.
• Provides direct payments to creditors for debt consolidation purposes.
• Soft credit check available for pre-qualification.
• Allows joint loan applications.

Cons

• An origination fee is applicable.
• Lacks a dedicated mobile app for loan management.
• The starting loan amount is notably high.

Avant (Best for Online Application)

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on partner page

Avant Personal Personal Loan

4.0

Stilt’s lender ratings reflect the findings and opinions of our editorial staff. Our scoring methodologies consider a wide array of factors and data points for every lender, offering, and financial solution.

Min. credit score

550

Fixed APR

9.95-35.99%

Variable APR

N/A

View details

Overview

• Minimum credit score: 550.
• Fixed APR: 9.95-35.99%.
• Loan amounts: $2,000-$35,000.
• Repayment: 1 to 5 years..

Qualifications

• Strong credit and income may secure lower rates, but not mandatory.
• Must possess a bank account in good standing under your name.
• A valid Social Security number is required.
• Bankruptcy should not be active.
• Minimum credit score of 550; using FICO score version 8 and VantageScore version 3.
• Minimum monthly net income: $1,200 from various sources including employment, alimony, retirement, child support, and Social Security payments.

Pros

• A dedicated mobile app is available for loan management.
• Offers a diverse selection of repayment terms.
• Customer service is accessible seven days a week.

Cons

• An origination fee might be applicable.
• They don’t offer co-signed, joint, or secured loan options.
• Direct payments to creditors aren’t available for debt consolidation loans.

NetCredit (Best for Quick Approval)

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on partner page

NetCredit Personal Loan

4.5

Stilt’s lender ratings reflect the findings and opinions of our editorial staff. Our scoring methodologies consider a wide array of factors and data points for every lender, offering, and financial solution.

Min. credit score

N/A

NetCredit is best for borrowers looking for a loan with a poor credit score.

Fixed APR

34.99%-99.99%

Variable APR

N/A

View details

Overview

• Minimum credit score: N/A.
• Fixed APR: 34.99%-99.99%.
• Loan amounts: $1,000 to $10,000.
• Repayment: 1 to 7 years.

Qualifications

• Must be at least 18 years old.
• Must be a U.S. citizen or permanent resident.
• While there’s no specific income requirement, a consistent source of income is essential for the applicant.

Pros

• Suitable for individuals with bad credit scores.
• Simple application process and no application fees.
• No collateral required.
• Quick approval and online transfer.

Cons

• High interest rate and APR.
• Max loan amount is limited to $10,000.
• Not available in all 50 states.

Read More

• How to Get a Cash App Refund
• How to Withdraw Money from Cash App
• How to Add a Credit Card to Cash App
• Activate Cash App Card – A Step-by-Step Guide
• Where Can I Load My Cash App Card?

Final Thoughts

Cash App is a contact money transferring app that lets you send and receive money to people. While the app is a valuable tool for sending and receiving money quickly, if you choose to delete your account, you need to follow several steps to do so. Once done, you can easily uninstall the app from your phone.

Rohit Mittal

Rohit Mittal is the co-founder and CEO of Stilt. Rohit has extensive experience in credit risk analytics and data science. He spent years building credit risk and fraud models for top U.S. banks. In his current role, he defines the overall business strategy, leads debt and capital fundraising efforts, leads product development, and leads other customer-related aspects for the company. Stilt is backed by Y Combinator and has raised a total of $275M in debt and equity funding to date.

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