CASH APP*CASH OUT Charge (What It Is + Is It Legit?)

When you move money from your Cash App balance to your linked bank account, Square Inc. — the parent company behind Cash App — transmits the transaction through its internal payment processing system using a truncated descriptor format that combines the app's brand name with a functional label. The result is "CASH APP*CASH OUT" rather than something more descriptive like "Cash App (Transfer)," because bank statement fields have strict character limits and Square's billing system is designed to flag outgoing transfers with the *CASH OUT suffix to distinguish them from other Cash App transactions such as purchases or payments. This labeling convention is intentional, helping both banks and users quickly identify that the charge represents a withdrawal of funds from the Cash App wallet rather than a third-party payment.

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.

Frequently Asked Questions