Launched in 2013, Cash App has flourished to become one of the largest peer-to-peer payment services worldwide. Block, Inc, the owner of the platform is a czar in the financial technology industry, and at present has over 30 million active users.

Cash App is only available in the US and the UK. It’s a very lucrative option for those looking to make money from home, and this guide on how to make money on Cash App will enlighten you on the different ways you can leverage this free mobile app to achieve your monetary goals.

Making Money on Cash App Is Easy!

Making money on the Cash App is easy. But you have to work at it to ensure that you make a profit in this endeavor.

Sign Up to Earn $5

This is like getting “free” money. Just by signing up, you have already earned a $5 reward. To sign in to Cash App, you simply need to enter your email address or mobile number.

However, you should perform the following steps to receive payment:

1. Install the Cash App on your smart device.
2. Tap on your face in the top right-hand corner of the screen.
3.  Find the “referral code” button by scrolling to the bottom of the menu.
4.  Register your referral code.
5.  Transfer minimum $5 to a friend (or perform a new transaction) within 14 days of downloading the Cash App.

Activate Cash Card Boosts

This is an amazing way to start earning money on Cash App. You’ll end up earning cash rewards by getting the free Cash App Visa debit card that gives you a chance to activate spending boosts for one-time discounts offered by participating merchants. 

This is a consistent way to earn cash rewards if you regularly use your debit card. Just after you sign up, you can start using your card to make purchases online. But you need to wait for two weeks to receive your actual physical card for shopping at a brick-and-mortar store.

The app offers instant discounts at local and online retailers, and the discounts come in the range of 5% to 15%.

Refer Friends

This is one more lucrative opportunity for you to make money on Cash App. Getting started is a breeze, and anyone can do it – even without a website or blog.  You’ll receive $15 for every individual who signs up through your recommendation.

Enter Social Media Contests

From time to time, companies host giveaways and contests on Instagram and Twitter. You can enter these and avail yourself of a chance to win money on Cash App. Needless to say, the more regularly you play, the higher your chances of winning. Therefore, enter plenty of social media contests.  

For example, prizes for giveaways and sweepstakes may range from $25 discounts to Bitcoin deposits of up to $40,000!

The Nutshell

Cash App is a handy service that can be capitalized on to not just send and receive money, but also earn rewards, invest, and much more.