If you have a Cash App Card, or are a sponsor of any active sponsored accounts, up to $250,000 of your cash and savings balances in Cash App is covered by FDIC insurance through our partner bank Wells Fargo Bank, N.A., Member FDIC. All active sponsored accounts and their sponsors are also FDIC insured with or without a Cash App Card.

The FDIC insures your balance in the event the bank holding the funds fails. If you have multiple Cash App accounts, and/or multiple sponsored accounts, they are included under the same insurance coverage. Bitcoin and investing balances are not covered by FDIC insurance; stock balances, however, are protected by SIPC.

Does FDIC insurance cover fraud on individual transactions?

No, the FDIC insures your Cash App balance up to $250,000 if our partner bank that holds your funds, Wells Fargo Bank, goes out of business. FDIC insurance coverage does not protect individual transactions. We do offer help for individual transactions. If you have an issue with a Cash App Card purchase,you can file a dispute. You can also report a potential scam payment. Recognizing and avoiding scams can be helpful in preventing the need to file a claim.

Brokerage services by Cash App Investing LLC, member FINRA SIPC, and a subsidiary of Block, Inc, formerly known as Square, Inc.. Investing involves risk; you may lose money. For additional information about risks, see the Disclosure Library.
Cash App is a financial services platform, not a bank. Banking services and prepaid debits cards are provided by Cash App’s bank partner(s) and not by Cash App Investing, LLC.