What Bank Is Cash App Associated With?


Cash App is a popular mobile payment application that enables users to send money, make purchases, invest in stocks, and even receive their paychecks directly into their Cash App account. It is important to understand that Cash App is not technically a bank; rather, it is a financial service provided by Square, Inc., a publicly traded company. In this article, we’ll explore the relationship between Cash App and traditional banks and how the service handles your funds.

Cash App’s Banking Partners:

While Cash App is not a bank itself, it collaborates with Lincoln Savings Bank, Member FDIC (Federal Deposit Insurance Corporation), to offer banking services. This partnership allows Cash App to provide features such as Cash App Card, direct deposit, and routing/account numbers to its users.

  1. Cash App Card: The Cash App Card is a customizable debit card linked to your Cash App account. You can use it to make purchases, withdraw cash from ATMs, and even earn rewards on eligible purchases.
  2. Direct Deposit: Cash App users have the option to set up direct deposit, enabling them to receive their paychecks or other recurring deposits directly into their Cash App accounts. This feature provides a convenient way for users to access their money without the need for a traditional bank.
  3. Routing and Account Numbers: Cash App provides its users with a routing number and account number. These can be used for various financial transactions, including setting up direct deposit, making electronic transfers, and paying bills.

Understanding Cash App’s Relationship with Banks:

It’s important to note that while Cash App collaborates with Lincoln Savings Bank for certain banking services, your Cash App account is distinct from a traditional bank account. Here are a few key distinctions:

  1. Limited Banking Functions: Cash App primarily offers basic banking services, making it ideal for personal transactions and managing money. However, it may not provide the full range of services offered by traditional banks, such as loans, mortgages, and extensive savings options.
  2. FDIC Insurance: Funds held in your Cash App account, when deposited into a bank through Lincoln Savings Bank, are FDIC-insured. This means that up to $250,000 of your funds are protected by the FDIC in the event of a bank failure.
  3. Keep Traditional Bank Accounts: While Cash App provides convenient features for everyday financial activities, it may be advisable to maintain a traditional bank account for more complex financial needs and services.


Cash App is not a bank itself but partners with Lincoln Savings Bank to offer certain banking services, including a customizable debit card, direct deposit, and routing/account numbers. While Cash App is a convenient option for day-to-day transactions and managing money, it is essential to recognize the distinctions between Cash App and traditional banks and to use it in a manner that aligns with your specific financial needs. As with any financial service, it’s wise to stay informed about its terms and policies to ensure a secure and convenient experience.

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