So, how to get free money on Cash App? I am going to share 2 main ways you can earn money on a cash app.

Way #1: Sign Up Bonus

  1. Download the Cash App and 
  2. Once You completed the sign up process
  3. Click on human icon on top right, then slide all the way bottom on the app 
  4. Where you see a green text called “Referral code” , Tap on it 
  5. A pop up box will appear and you can enter the cash app referral code “S4V5NSR
  6. Send $5 to anyone within 14 days to earn the bonus. 

Way #2: Invite Friends 

Here’s the step-by-step guide on how to invite friends to the Cash App:

  1. Open the Cash App on your device.
  2. Tap on your profile button, which is located in the top right corner of the screen.
  3. Look for the option that says “Invite Friends, Give $10” and tap on it.
  4. You will be presented with two options: manually entering the phone number or email of the person you want to invite, or allowing Cash App to access your contacts to select someone to invite.
  5. If you choose to manually enter the contact information, simply type in the phone number or email and proceed.
  6. If you opt to let Cash App access your contacts, scroll down the list of contacts and select the person you want to invite.
  7. Alternatively, you can use the “Share” button located in the top right corner to send the invite through different platforms like social media, text message, or email.
  8. If you prefer to share a link instead, tap on “Copy” to copy your referral link, which can be pasted and sent to anyone.
  9. After the recipient clicks on your link and signs up for Cash App, you both may be eligible for bonuses if the requirements are met.

Remember, the exact bonus amount may vary depending on ongoing promotions.

How To Get Free Money on Cash App + 2 More Ways

What is Cash App And How to Get Free Money on Cash App

Cash App is a user-friendly mobile application, compatible with iOS and Android, that facilitates instant money transfers for users over 13 years of age. Besides sending and receiving funds, the app allows you to link their bank accounts, debit cards, and credit cards. 

It also provides features like cash cards to earn discounts, investing in stocks and Bitcoin, and maintaining a balance within the app. You can also withdraw funds from the Cash App balance to your bank accounts.

5 Ways To Get Free Money on Cash App

Here are five efficient strategies that can help you make the most of this versatile app.

#1. With Cash App Sign up Bonus

When you sign up for a Cash App, there is a chance to earn a welcome bonus, which is complete Cash App free money. 

This incentive varies in value depending on the ongoing promotion, but it can provide you with  a significant financial boost right off the bat. 

Keep in mind that certain criteria, such as sending a minimum amount of money within a specified period, might need to be met to qualify for this bonus.

#2. Earn Money through Cash App Referral Program

Cash App features a robust referral program that you can leverage to make significant free money over time. When you refer a friend or family member and they join Cash App using your referral link, both you and your referral can earn a bonus. 

The referrer and the referee typically need to meet certain requirements, such as the new user sending a minimum amount of money to another Cash App user within a certain period.

#3. Get Cash App Debit Cards and Earn CashBack

Cash App offers a free debit card, known as the “Cash Card,” that can be used for transactions at eligible stores. This card comes with a unique feature known as “Boosts,” which offers you instant cashback on specific purchases. 

For example, I have used my Cash Card on an MTA ride in New York City and received $1 cash back, which the Cash App deducted from the ride fee,  which came down to $1.75, but the original fee was $2.75.

By selecting and activating a boost in the app, you can save money on your transactions, effectively earning free money on the Cash App. 

#4. Sign up for the Ibotta App and Earn $5

Ibotta is a renowned cashback app that is fully compatible with Cash App cards. You can use the Ibotta referral code “KVYWOSC“ and earn a $5 sign up bonus. 

When you sign up for Ibotta and link it to your Cash App card, you receive a welcome bonus once you submit your first receipt. 

Additionally, you can earn cashback on purchases at supported stores by using the Ibotta app. The earnings are directly transferred to your Cash App account, providing an effective way to earn extra money.

#5. Use Dosh App and Earn Cashback

Dosh is another excellent cashback app that can be linked with a Cash App card. You can use the Dosh referral code “MOSTPM1” to earn a referral bonus once you verify your cards and complete the account verifications. 

Similar to Ibotta, when you sign up for Dosh and link it to your Cash App account, you can earn cashback on eligible purchases at participating stores such as Lyft, Costco, Adidas, and many hotels. The cashback gets transferred to your Cash App account.

Pros and Cons of Cash App

Cash is one of the leading peer to peer money transfer apps, and I think it is highly beneficial in terms of sending money to friends, family, and others. I enjoy using it. But there are certain pros and cons that I feel you should know before using it. 


  1. Boosts: Cash App offers discounts called “boosts”. Users can get percentage-based savings on a range of places, like 10% off Chipotle or $1 off any coffee shop, and more.
  2. Instant Money Transfer: Cash App provides almost instantaneous money transfers, making it easy to send or receive money.
  3. Bitcoin Purchase: Cash App enables users to purchase Bitcoin. The transaction is instantaneous, which lets users buy Bitcoin at a specific price point without having to wait for days as with some other apps.
  4. Referral Program: Cash App has a referral program. When a user refers to someone, both the referrer and the referred get $5.


  1. Fees for Credit Card Use: Cash App charges a 3% fee for money sent using a credit card.
  2. No Cash Deposits: Users can’t deposit cash onto the Cash App card via an ATM. Money must be transferred from another bank account into the Cash App account.
  3. Instant Deposit Fees: There’s a 1.5% charge for instant deposits or transactions.
  4. No Tax Calculation: The app does not calculate taxes for in-person transactions, which means users have to do this themselves when filing taxes.
  5. Lack of Features: Cash App lacks some features compared to other payment service providers. For instance, it does not have options for recurring payments.
  6. Limited Access: Only the account holder has access to the account. This can be an issue if an administrator or support person needs to manage some financial aspects.

I highly recommend that you thoroughly review and understand the terms and conditions of any app or service you choose to use. 

And always make sure to read the terms and conditions once the cash app updates them so you know exactly what to do and how to properly use it. 

Last Words

While these are some of the effective strategies to get free money on Cash App, the platform is constantly innovating and bringing new features to provide users with more benefits. 

Stay updated with Cash App’s features and policies to maximize your gains.