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Cash App vs. Venmo

We look into the fees and features of these two competing money transfer apps to help you figure out which is best for you.

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Cash App and Venmo may seem interchangeable at first glance, but they do, in fact, offer quite different services. One of the major differences is the wide array of uses that Cash App boasts, including the ability to buy and sell both stocks and Bitcoin. Venmo focuses entirely on sending and receiving money and does it well, but for users looking for more versatility packaged into one app, Cash App may be the better choice.

Although both Cash App and Venmo can send and receive money from nearly any bank account in the US, both have their individual pros and cons to consider.

We recommend Cash App for:

  • The versatility of the app: Send and receive money, buy and sell stocks and more.
  • Private transfers by default to email, phone number or $Cashtag.
  • Its ability to accept direct deposit payments and make purchases using the Cash Card debit card.

We recommend Venmo for:

  • Paying your friends in a socially-focused way that includes emojis and personalized messages.
  • Making and receiving payments between friends and family.
  • Keeping your money in a digital wallet, which means you don’t have to shift money to and from your bank account.

If you just want to send money privately to your friends with no flair, Cash App’s transfer service might be the better choice. However, Cash App’s additional features can be a bit distracting compared to Venmo’s simple design. See how these two apps stack up on fees, transfer speeds and more by reading on.

Breakdown of Cash App vs. Venmo

Cash App

Venmo

Cash App

Venmo

OVERVIEW
Description Split the bill, pay your friends, buy and sell cryptocurrency and even spend money through a connected debit card. Pay and request money to both friends and businesses through this peer-to-peer, socially driven payment app.
Supported devices iOS app
Android app
Browser
iOS app
Android app
Ways to pay Bank account
Credit card
Debit card
Google Pay
Apple Pay
Bank account
Credit card
Debit card
Ways to receive Bank account
Debit card
Mobile wallet
ATM
Bank account
Debit card
Mobile wallet
ATM
Customer support Phone
Email
Email
Live chat
SPEED
Fastest transfer speed Instant Instant
Free withdrawal speed Up to 3 business days Up to 3 business days
LIMITS
Maximum amount you can send per transfer (unverified account) $250 $299.99
Maximum amount you can send per transfer (verified account) $2,500 $4,999.99
Supports international transfers? Yes No
FEES
Fees to send money No fees No fees
Instant withdrawal fee 1.5% 1%
REQUIREMENTS
Bank account required? No No
Learn more

Summing up Cash App vs. Venmo

Overall, the Venmo app is the more straightforward option because it only does one thing and it does it well: it allows you to send and receive money. However, if you don’t want to have to adjust your privacy settings to keep your transfers just to yourself and the person you are paying, then use Cash App.

The added features that Cash App boasts — buying and selling stocks, buying Bitcoin, direct depositing checks and the like — are all great. However, they aren’t necessary if you’re just looking to pay your friend back after ordering some takeout.

Cash App supports limited transfers between the US and the UK, but for any other international transfers, you’ll want to check out our guide on how to send money online to get started.

Compare other services that send money within the US

See how both Cash App and Venmo stack up against other popular money transfer services in the US in the table below. Or, if you’d like a more detailed review, check out our comparison of Venmo vs. PayPal.

Data indicated here is updated regularly
Name Product Fees Fastest available transfer speed Maximum transfer amount (verified)
Zelle
To send:

No fees


To receive:

No fees

Instant
Varies
Supported banks enjoy direct bank-to-bank transfers with the tap of a button.
Cash App
To send:

No fees


To receive:

1.5% for instant withdrawal

Instant
$2,500
Split the bill, pay your friends, buy and sell cryptocurrency and even spend money through a connected debit card.
Google Pay
To send:

No fees


To receive:

No fees

Instant
$10,000
Google’s take on money transfers — use this free service to quickly send and receive funds in a variety of ways.
PayPal
To send:

By bank account: No fee
By credit/debit card: 2.9% + fixed fee


To receive:

1% for instant withdrawal

Instant
$10,000
Friends and Family is a free way to send and request money in the US, with fee-based options for international transfers.
Venmo
To send:

No fees


To receive:

1% for instant withdrawal

Instant
$4,999.99
Pay and request money to both friends and businesses through this peer-to-peer, socially driven payment app.
Walmart
Walmart
To send:

Starting from $4


To receive:

No fees

Instant
$2,500
Send and receive money at any Walmart in the US and Puerto Rico. Transactions can also be sent from the Walmart app.
Apple Pay
To send:

No fees


To receive:

1% for instant withdrawal

Instant
$10,000
Pay and get paid directly through iMessage, but you’ll need an iOS device to use this payment service.
Facebook Messenger
To send:

No fees


To receive:

No fees

Instant
$9,999
Connect a debit card or PayPal account to send money directly to friends through Facebook’s messaging service.
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