Sponsored Accounts

If you are a parent or guardian with a verified Cash App account, you can invite someone between the ages of 13 and 17 to use Cash App and access features like P2P transactions (including recurring allowance payments), Cash App Card, Cash App Pay, direct deposit, Boost, bitcoin*, and stocks.

Once you sponsor their account, you become the legal owner of the sponsored account and the person you sponsor will be considered an authorized user of your sponsored account. Sponsors can track activity in the app, and turn specific features on/off. Sponsors may also cancel sponsorship at any time by contacting Cash App Support.

Cash balances (including Savings) of both sponsored accounts and their sponsors are FDIC insured up to $250,000 through our partner banks. If you have multiple Cash App accounts, and/or multiple sponsored accounts, they are included under the same insurance coverage. After sponsorship ends, if they do not have a Cash App Card, sponsors will need to order one to maintain FDIC coverage. Bitcoin and investing balances are not covered by FDIC insurance.

Brokerage services by Cash App Investing LLC, member FINRA/SIPC, and a subsidiary of Block, Inc. Investing and purchasing bitcoin involves risk; you may lose money. Bitcoin trading is offered by Block, Inc. Cash App Investing does not trade bitcoin and Block, Inc. is not a member of FINRA or SIPC. For additional information, see the Bitcoin and Cash App Investing disclosures.

Cash App Investing is a self-directed service; you are solely responsible for orders placed through your account. Cash App Investing does not provide investment advice or recommendations.

Fractional shares investing may involve additional risks such as non-transferability. For additional information regarding the unique risks and limitations of fractional shares, please see your Investing Customer Account Agreement.

Debit cards issued and banking services provided by Cash App’s bank partner(s).

Getting Started with Stocks and Bitcoin for Sponsored Accounts

Stocks & bitcoin are available to customers under 18 on Cash App with a sponsored account.

How to Buy and Sell Stocks with a Sponsored Account

A guide on how to buy and sell stocks with your sponsored account

How to Buy and Sell Bitcoin with a Sponsored Account

A guide on how to buy and sell bitcoin with your sponsored account

Sponsorship and Investing

How to maintain control of your sponsored accounts investing

Sponsorship & Taxes

How to stay on top of tax responsibilities associated with your family account

Features and Limits for Sponsored Accounts

Features and limits for Cash App sponsored accounts

Requesting Sponsorship

How to sign up for Cash App Families

Sponsor Controls and Visibility for Sponsored Accounts

Sponsors have access to various controls and visibility features with Cash App.

Transaction Restrictions for Sponsored Accounts

Sponsored accounts are unable to make Cash Card transactions at certain merchants

Sponsored Accounts Turning 18

Sponsored accounts have the option to verify their account when they turn 18.