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Launched in 2013, Cash App has grown to become one of the largest peer-to-peer payment services in the world. The platform is owned by Block, Inc, a leader in the financial technology industry, and currently has over 30 million active users. 

Cash App is currently only available in the US and the UK. It’s a great opportunity for anyone looking to make money from home, and this guide on how to make money on Cash App will reveal all the different ways you can leverage this free mobile app to achieve your monetary goals.

Can You Really Make Money on Cash App?

Making money on the Cash App is possible, but certainly not easy. Like all other online businesses, you have to work at it to ensure that you’re successful at this endeavor. 

There are a number of methods to earn on Cash App, including: 

  • Signing Up
  • Referring Friends
  • Activating Cash Card Boosts
  • Buying and Selling Stocks or Bitcoin
  • Entering Social Media Contests

Despite the numerous YouTube videos claiming that you can make “free money” with Cash App, the truth is that nothing is handed to anyone and if you want to earn money on the platform, you have to have a strategy that you can follow. 

So, stay away from the Cash App scams and focus on using legit means to make money – all of which we look at below. 

Best Ways to Make Money on Cash App

Let’s start off this guide on how to make money on Cash App by mentioning the many ways with which you can earn a profit.

Cash App lets you earn in various ways, but even more than that, it lets you send, save, and invest money while saving big on fees. 

Listed below are 4 main ways you can start earning money with Cash App right now. 

1) Sign Up to Earn $5

This is as close to getting “free” money as you’re ever going to get. Just by signing up, you qualify for a $5 reward. 

To sign in to Cash App, you just need to enter your email address or mobile number: 

However, you must complete the following steps in order to receive payment:

  • Step #1: Install the Cash App app on your mobile device.
  • Step #2: Tap on your face in the top right-hand corner of the screen.
  • Step #3: Locate the “referral code” button by scrolling to the bottom of the menu.
  • Step #4: Enter your referral code
  • Step #5: Transfer at least $5 to a friend (or complete a different transaction) within 14 days of downloading the Cash App.

Note: You’ll need to connect to an external bank account in order to withdraw your Cash App funds.

2) Activate Cash Card Boosts

This is another way to start earning money on Cash App. You’ll be able to earn cash rewards by getting the free Cash App Visa debit card that allows you to activate spending boosts for one-time discounts offered by participating merchants. 

This is a consistent way to earn cash rewards if you use your debit card on a regular basis. As soon as you sign up, you can start using your card for online purchases, but you have to wait two weeks to receive your actual physical card for in-store shopping.

The app offers instant discounts at local and online retailers, with most discounts between 5% and 15%.

You can pay for online and in-store purchases such as:

  • Instacart: 10% off order
  • Sam’s Club: 5% off online purchase
  • DoorDash: 20% off one order
  • Adidas: 5% off of 10 online purchases
  • Playstation Network: 10% off purchase
  • Starbucks: 10% off of one order
  • Xbox: 10% off purchase
  • Burger King: 5% off of your order

…and more. 

Basically, anytime you buy stuff from participating grocery stores, restaurants, and coffee shops, you’ll earn rewards.

The best part is that the platform is continually adding new offers to the Cash App Boost list which means more opportunities for you to save money. 

3)  Refer Friends

This is yet another opportunity for you to earn money on Cash App. It’s easy to get started, and anyone can do it – even without a website or blog. 

You’ll receive $15 for every person that joins the app through your recommendation.

To refer others, first, select your personal account tab. Navigate to the “Invite Friends” button and select it. 

Choose one of the following three ways to invite friends: 

  1. Let Cash App Invite Your Friends: You can give the app access and it will scan the contact list on your phone and send referral links to any of your friends who aren’t currently using the app.
  2. Enter Phone Numbers Manually: The second option is to invite friends by manually entering the phone numbers of each one. Cash App will then send a text message invite link.
  3. Enter an Email Address: As with the phone number, you can also manually enter the email addresses of any of your friends and they’ll be automatically invited via email.

Having said that, you stand a much better chance of succeeding in your endeavor to make money on Cash App if you can build up an audience on your blog, email list, YouTube, or other social media channels. 

This way, you can provide your audience with tons of value through your content, and when you do make a recommendation for them to join Cash App, they are more likely to take the desired action. 

4) Enter Social Media Contests

Periodically, companies host giveaways and contests on Instagram and Twitter. You can enter these and stand a chance to win money on Cash App. 

It goes without saying that the more often you play, the higher your chances of winning so enter as many social media contests as you can.  

Recent prizes for giveaways and sweepstakes have ranged from $25 discounts to Bitcoin deposits of up to $40,000!

Simply follow the brand on social media and you’ll soon discover many companies that post special discounts and rewards on their social media channels. 

Make sure to follow the rules of each contest, such as entering your $cashtag and other necessary hashtags on your posts.

For example, you can enter the popular Friday giveaway for the chance to win big cash with the #CashAppFriday hashtag. 

Although winning is never guaranteed, the contests are free to try – and you’re likely to have a lot of fun. 

5) Buy and Sell Bitcoin

I know buying Bitcoin isn’t technically a way to make money. But, the platform lets you buy and sell Bitcoin which means if you are adept at this type of trading endeavor, you can make a profit from your efforts. 

The best part about it is that you can purchase Bitcoin for just a dollar, which means the barrier to entry is pretty low. 

However, you may incur small trading fees. So do your homework before using this method to make money on Cash App.

Earn with Bitcoin Boost

Bitcoin Boost is another feature on the platform that allows you to earn free Bitcoin when you make qualifying purchases using your Cash App debit card. 

You’ll receive Bitcoin rewards instead of cash rewards on your shopping offers. This is a great way for you to increase your exposure to Bitcoin investment, but cash rewards are a better option for those who prefer cold hard cash.

6) Cash App Stock Investing

In addition to Bitcoin, you can also start buying and selling fractional shares of stock for as little as $1 without paying any commissions.

You can create a list of all the different companies you want to follow and the app lets you track the prices of all your favorite stocks in real-time so you can stay on top of your investment portfolio from within the app.

Unfortunately, the Cash App for Investing doesn’t offer much in the form of investment options. But, it’s still a great way to make investing easy and accessible to everyone by allowing them to test the waters with small portion purchases. 

Just keep in mind that stock trading is risky and you can lose more than you intended to risk, so always invest only what you can afford to lose

7) Use the Yotta Debit Card

Another simple way to start earning on the platform is to use the Yotta Debit Card as your source of funds whenever you’re making a payment on Cash App. This way, you’ll stand a chance to receive cash reimbursements into your cash app balance. 

Each purchase you make with your debit card has a chance to be instantly reimbursed with no strings attached. Not only does this work at all retailers, but it also works on Cash App.

How Much Do People Make on Cash App?

Cash App doesn’t break down earnings by users. However, it does make available the data on how much is paid out each year, and the numbers are impressive. 

Take a look:


  • Cash App Revenue: Cash App generated $12.3 billion in revenue in 2021.
  • Cash App Bitcoin Revenue: Bitcoin accounted for 81% of total revenues in 2021.
  • Cash App Profit: Cash App reported $2 billion in gross profit in 2021.
  • Cash App Users: Cash App had 44 million monthly active users in Q4 2021.
  • Cash App Card owners: 13 million users have a Cash App Card.

3 Tips to Earn the Most Money on Cash App

As you’ve seen so far in my guide on how to make money on Cash App, it is possible to make a profit using this platform. However, while the opportunities are open to everyone, only a few select users earn the majority of the income on the platform. 

They do this by following specific best practices, some of which I share below.

1) Maximize Your Earning Opportunities

Cash App offers a wide range of ways for you to earn money on the platform. Instead of using just one or two methods, why not use all of them so you can start earning faster? 

This includes taking full advantage of the money-saving feature of the app when you’re going about your daily business. For example, save on transaction fees when sending or receiving money. 

Cash App doesn’t charge any extra fees for using the platform, and provides you with the simplest and most convenient way to send and receive money from family and friends, or even when getting paid for your side hustle.

Take the time to go through the entire platform to understand how you can send, spend, save, or invest your money in the best way possible to earn more rewards.

Bonus: Get Your Paycheck Early.

Cash App lets you receive your paycheck two days earlier than you normally would with other banks. This isn’t a way to save money, per se, but it’s a great perk for anyone who needs access to their money right away.

2) Make YouTube Videos on Cash App

YouTube is a great way to monetize content. Search analytics on the platform shows that there are tons of searches on the Cash App. However, there aren’t a lot of helpful videos on the subject. 

The few videos that are there do get a lot of searches since the topic is in such demand right now. 

Many people are trying to discover how to make more money on the platform and you can provide answers and guide people in the right direction (using your affiliate link, of course). You can also monetize your content through ads to give you an additional source of income.

So, for instance, you might conduct research on different features on the app that need more clarity and then create videos on that. Bitcoin investment is a good place to start as there are relatively fewer videos focused on that particular feature and how people can use it to make more money on Cash App.

3) Use Apps That Pay Instantly into Cash App

There are a number of apps (surveys, games, etc.) that are easy to use and pay money directly into your Cash App. Why not increase the number of ways you can earn on the platform by signing up for these apps?

Survey Apps That Pay Instantly to Cash App

Survey sites offer easy opportunities to earn money online. Many of them offer sign-up bonuses and you can complete short surveys to make even more money. Yet others offer shopping portals for cashback and many other features. 

Below, I’ve listed five of the best survey sites to get started with. 

  • Inbox Dollars
  • Swagbucks
  • MyPoints
  • SurveyJunkie
  • Branded Surveys

You don’t have to use a lot of different sites, otherwise, you risk spreading yourself too thin and instead of reaching the minimum threshold of, say $20 on one site, you’ll end up with a dollar on 20 different websites.

Summing Things Up

Cash App is a handy service that you can use to not only send and receive money, but also earn rewards, invest, and much more. 

I hope this guide on how to make money on Cash App has shown you that the platform can be used to make money (not free cash as the scammers would like you to believe). 

Use the tips outlined here to help you get started right now making legit money on Cash App.

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