Sponsored Accounts Overview

Sponsored Accounts

If you are a parent or trusted adult, you can invite someone 13-17 to use Cash App and access features like P2P transactions (including recurring allowance payments), Cash Card, direct deposit, Boost, bitcoin*, and stocks.

Once you approve their request, you become their sponsor – the legal account owner of the sponsored account – and the person you sponsor will be considered an authorized user of this account. Sponsors can track activity in the app, and turn specific features on/off. Sponsors may also close and/or pause accounts or 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. 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).}