CASH APP*CASH OUT Charge (What It Is + Is It Legit?)
✓ LegitimateThe "CASH APP*CASH OUT" charge is from Cash App (Transfer). A transfer of funds from the Cash App balance to a linked bank account.
Cash App (Transfer)
A transfer of funds from the Cash App balance to a linked bank account.
Category
Finance
Avg. Charge
Variable
Country
US
Billing Cycle
One-time
Cancel At
https://cash.app/help
Support
See website
Why does this charge appear?
When you move money from your Cash App balance to your linked bank account, the transaction hits your statement as CASH APP*CASH OUT because Square, Inc. — the parent company behind Cash App — uses a truncated descriptor format that combines the brand name with a functional label describing the action taken. The asterisk between "CASH APP" and "CASH OUT" is a standard merchant descriptor convention used by payment processors to separate the business name from a sub-identifier, helping their system specify that this particular transaction was an outbound cash withdrawal rather than a payment or purchase. Seeing CASH APP*CASH OUT on your statement simply confirms that the transfer of funds from your Cash App wallet to your bank was processed successfully.
What should you do?
Check Your Cash App Transfer History
Open your Cash App and navigate to the Activity tab to review your recent transactions. Look for a Cash Out entry that matches the date and amount of the CASH APP*CASH OUT charge on your bank statement, as this charge represents a transfer of your Cash App balance to your linked bank account.
Confirm the Linked Bank Account
In Cash App, go to your profile settings and review your linked bank accounts to verify that the CASH APP*CASH OUT transfer was sent to the correct account. This helps confirm the funds from your Cash App balance arrived at the intended destination and no unauthorized bank account was added.
Review Your Cash App Balance Before and After
Cross-reference the amount shown in the CASH APP*CASH OUT charge with your Cash App activity to ensure your balance was reduced by the same amount. This confirms the transfer was a legitimate Cash Out from your own Cash App balance and that the correct sum was deposited into your bank.
Visit Cash App Support if Something Seems Off
If the CASH APP*CASH OUT amount does not match any transfer you recognize or initiated, visit https://cash.app/help to contact Cash App support directly. You can report the transaction, dispute unrecognized Cash Out transfers, and secure your Cash App account to prevent any future unauthorized transfers.
Is this charge fraudulent?
No, this is a legitimate charge from Cash App (Transfer). However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
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