What is GO2bank Fee in Cash App?

If you're using Cash App, you may have seen a fee called "GO2bank Fee" and wondered what it is all about. Well, wonder no more! We've researched and found the answer for you.

According to the Cash App support center, GO2bank charges a 1.5% fee when you add money to your Cash balance or pay someone with Cash App from your GO2bank debit card. It is important to note that this fee is not Cash App's decision and the money doesn't go to them. It appears that GO2bank made this decision on its own and the fee will show up in your GO2bank account activity.

If you have any further questions about this fee or want more information on how to avoid it, you can reach out to GO2bank directly. However, there are a few tips from Cash App that can help you avoid this fee:

  1. Use a different debit card: If you have a different debit card available, consider using it instead of your GO2bank debit card when adding money to your Cash balance or paying someone through Cash App.
  2. Add money using your bank account: If you link your bank account to Cash App and add money directly from there, you can avoid the GO2bank Fee altogether.
  3. Use the Boost feature: Cash App offers a feature called "Boost" that can give you discounts on certain purchases. If you activate a Boost that applies to the purchase you're making, the discount can offset the GO2bank Fee.

In conclusion, the GO2bank Fee is a charge levied by GO2bank, not Cash App. While there are ways to avoid it, it is still important to understand what it is and why it's there. With this knowledge, you can make informed decisions when using Cash App and ensure you are saving money wherever possible.

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