What is a negative balance on Cash App?

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asked Oct 19, 2022 in H&E by laylagarcia (180 points)

A negative balance is possible on the Cash App. After payment, your Cash App account could go negative without being charged an overdraft fee. Only very small sums are allowed to go negative when using the Cash App. Negative balances are also free of fees and levies.

You have a Negative Cash App balance when your balance is lower than zero. It appears that there is a negative balance on the account. As a result, the Cash App is entitled to payment from you. The most common reason for this to happen is when there isn't enough money in your Cash App to cover both your unpaid balance and the late fee.

 

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