How do I borrow $200 from Cash App?

You can borrow $200 from Cash App using the Borrow feature, which you may see listed on the Money tab if you are eligible. The Cash App Borrow feature gives you the option to take out a loan of up to $200, with a repayment period of four weeks and a flat 5% fee. Go to the “Money” section by tapping the icon at the bottom of the home screen.

Can cash app users get a loan for $200?

Only eligible Cash App users can get a loan for up to $200 using the Borrow feature. Cash App Borrow is a short-term loan pilot program that lets Cash App users borrow up to $200 for emergencies. But because Borrow is still a pilot program, the feature isn’t available to every Cash App user.

How much does Cash App loan cost?

When getting a loan through Cash App Borrow, note that this feature provides you with a short-term loan. This money can come through quickly, but Cash App charges a flat 5% fee for the loan that must be paid back over four weeks to avoid a 1.25% finance charge. For regular Cash App transactions, outside of borrowing money, you may also incur fees.