Pay with a credit card
1. Cash App
The Cash App, formerly known as Square Cash, is free to download and accepts credit and debit cards. It’s the No. 1 money app in the App Store, with more than 35 million downloads.
You can send or request money using a $Cashtag, which is a unique identifier so you can make private and secure payments. You can use a credit card to send money, but there’s a 3% transaction fee. The app is free to use otherwise.
After downloading the app and creating an account, enter the dollar amount you want to send and set up who it goes to. The person you’re sending money to also needs the app, and you’ll have to enter their phone number, email, or $Cashtag to make sure your money gets to the right person.
Venmo requires you to sign up for an account through Facebook or your email. But it’s free to use, and there’s no charge for transferring money with a debit card. There’s a 3% fee for sending money with a credit card, though, so it’s a good idea to use one of the best credit cards for Venmo to help recoup this fee.
One big differentiator is that Venmo allows you to view public transactions via a newsfeed.
PayPal is one of the oldest services for electronically sending and requesting money. You’ll need to sign up for a free account and link a credit card to send money. Paying with a credit card will cost you 2.9% plus 30 cents for each transaction (or more, if there’s a currency conversion).
It’s a little less user-friendly compared to your other options, especially since PayPal offers so much more than sending electronic payments to friends. Most of its services are geared toward business.
Pay with a debit card or bank account
If you don’t have a credit card or want to save on transaction fees, you have the option of adding a debit card or bank account to send money to Us.
1. Apple Pay
Earlier this year, Apple discontinued person-to-person credit card payments, but you can use debit cards to transfer money to someone else.
If you have an iPhone, you have a fairly instant way of sending money online. In Messages, you can tap the Apple Pay button in a text conversation with us to send money. Enter the amount, then approve the transaction using Touch ID or Face ID.
Your debit card is added to your Apple Wallet so you can avoid manually entering card information when it comes time to send a payment.
2. Google Pay
The Google Pay app allows you to send money to us with a phone number or email address. If you’re sending money to us, Google Pay only allows using a debit card or bank account.
We will get an email or text once the money is sent.
To start using Zelle, you may not even need the app. If your bank or credit union allows you to send money with Zelle, you can use your bank’s app to do it. If your financial institution doesn’t offer Zelle, you can download the app to send money. (Check out Zelle’s full list of partners to see if your bank is eligible.)
We do not need to belong to the same bank as you for you to initiate the payment. Zelle transfer typically takes few minutes.
- No minimum balance, no monthly service fees
There’s no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account.
- Get your paycheck up to 2 days earlier with direct deposit
Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
- Eligible Members can access fee-free overdraft up to $200
Chime SpotMe is an optional service that requires a single deposit of $200 or more in qualifying direct deposits to the Chime Checking Account each month. All qualifying members will be allowed to overdraw their account up to $20 on debit card purchases and cash withdrawals initially, but may be later eligible for a higher limit of up to $200 or more based on member’s Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. Your limit will be displayed to you within the Chime mobile app. You will receive notice of any changes to your limit. Your limit may change at any time, at Chime’s discretion. Although there are no overdraft fees, there may be out-of-network or third party fees associated with ATM transactions. SpotMe won’t cover non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. See Terms and Conditions.
- 60K+ fee-free ATMs
Out-of-network ATM withdrawal fees apply except at MoneyPass ATMs in a 7-Eleven location or any Allpoint or Visa Plus Alliance ATM.nationwide
- Automatic savings helps you grow your money faster
Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC.
Are the fees worth it?
The apps listed above all charge fees to use a credit card. Before paying with a credit card, consider how much extra you’re paying to do so.
For example, the Cash App charges a 3% transaction fee to use a credit card. That means on a $100 payment, you’ll pay $3 in fees.
Should you use the app fairly often, those fees can add up: Just $6 in fees every month is $72 a year. That’s a decent chunk of change for the courtesy of paying with a credit card — especially since using a debit card is typically free.