Any Money You Receive Via Cash App Is Added To Your Cash App Balance By Default You Can Keep It There Or Transfer It To A Linked Bank Account Cash App Charges A Fee For Instant Transfers 0 50 To 1 75 Of The Transfer Amount With A Minimum Fee Of 0 25 But You Can Also Choose A Standard No Fee Transfer Which Typically Takes One To Three Business Days To Complete Those Reaching The Senior Citizen S Age Demographic Are Welcomed Into A Whole New World Of Discounts Rewards Perks And Deals Thousands Of Restaurants Retailers And Travel Companies Around The Country Are Offering Senior Discounts That Will Help Senior Citizens Earn More Bang For Their Buck This Begs The Question At What Age Are You Officially Considered Cash App Payments Are Instant And Usually Can T Be Cancelled But Cash App Takes Precautions To Monitor Your Account For Suspicious Activity And Can Cancel Any Fraudulent Payments To Prevent You From Being Charged However These Scammers Are Merely Impersonating Official Cash App Promotions They Often Ask For A Small Fee Or Personal Financial Details Claiming It S Necessary To Claim The Prize This Is A Significant Red Flag As Legitimate Cash App Giveaways Do Not Require Participants To Send Money Or Share Sensitive Information It S Essential To Understand That Schemes Like This Instagram Cash App Scam Prey On The Excitement Of Winning Free Money Anyone Asking For A User S Social Security Number Is Almost Certainly A Scammer In General It Is Best To Only Share Your Social Security Number With Trusted Sources For Example Your Employer A Financial Institution Or A Government Institution And You Should Avoid Sharing Important Identity Information From Requesters On Any App Including Cash App