SQ *CASH — Cash App Bank Charge Explained

SQ *CASH on your bank statement is a transaction descriptor for Cash App, a finance company. Cash App is a mobile payment service from Block (Square), mainly used in the US, for sending money, buying Bitcoin and Cash Card spending. A charge can be a transfer, a card purchase or a Bitcoin buy, so amounts vary.

What Is the SQ *CASH Charge?

SQ *CASH is a transaction descriptor for Cash App, a finance company.

Cash App is a mobile payment service from Block (Square), mainly used in the US, for sending money, buying Bitcoin and Cash Card spending. A charge can be a transfer, a card purchase or a Bitcoin buy, so amounts vary. It typically appears as CASH APP or SQC*CASH APP on your statement.

This code appears on your bank statement because banks display a short payment reference — set by the merchant's payment processor — rather than the company's full trading name. The code SQ *CASH is the official identifier that Cash App registered with Visa or Mastercard.

Is the SQ *CASH Charge Legitimate?

Cash App is a well-known, legitimate company. Most charges from this merchant are authorised and relate to purchases or subscriptions you signed up for. If you don't recognise the charge, check your email for a receipt or log into your Cash App account to review recent activity.

How Do I Cancel or Dispute a SQ *CASH Charge?

  1. Identify the charge: Confirm the charge is from Cash App by checking your email for a receipt or logging into your account on their website.
  2. Cancel your subscription: If you no longer want the service, log in to Cash App and cancel your subscription through account settings before the next billing date.
  3. Contact the merchant: If you do not recognise the charge, contact Cash App customer support and ask for an explanation and refund.
  4. Dispute with your bank: If the merchant does not resolve the issue, call the number on the back of your card and ask to raise a chargeback on the SQ *CASH transaction. Provide the transaction date and amount.
  5. Section 75 rights: If you paid by credit card and the amount was over £100, you may have additional protection under Section 75 of the Consumer Credit Act 1974.

What Other Names Does Cash App Use on Bank Statements?

Cash App may also appear on your statement as:

Frequently Asked Questions About SQ *CASH

What is SQ *CASH on my bank statement?

SQ *CASH is a bank statement transaction code for Cash App, a finance company. Cash App is a mobile payment service from Block (Square), mainly used in the US, for sending money, buying Bitcoin and Cash Card spending. A charge can be a transfer, a card purchase or a Bitcoin buy, so amounts vary. It typically appears as CASH APP or SQC*CASH APP on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.

Is SQ *CASH a scam?

Cash App is a well-known, legitimate company. Most charges from this merchant are authorised and relate to purchases or subscriptions you signed up for. If you don't recognise the charge, check your email for a receipt or log into your Cash App account to review recent activity.

Why is SQ *CASH on my bank statement?

SQ *CASH appears on your statement because Cash App processed a payment through their card payment provider. The code is set by their payment processor and is the official descriptor registered with Visa or Mastercard. Common reasons include a subscription renewal, a one-off purchase, or a trial period that has converted to a paid plan.

How do I cancel SQ *CASH?

To stop SQ *CASH charges from appearing on your statement, you need to cancel your Cash App subscription or account. Log in to the Cash App website, go to your account settings, and cancel your subscription. If you cannot find the cancellation option or do not recognise the charge, contact your bank to dispute it and block future payments.

How do I get a refund for a SQ *CASH charge?

If you believe you have been charged incorrectly by Cash App, first contact their customer support to request a refund. If they are unresponsive or unhelpful, contact your bank and ask to raise a chargeback. You typically have up to 120 days from the transaction date to raise a chargeback claim. For credit card purchases over £100, you may also be protected under Section 75 of the Consumer Credit Act.

For more information about Cash App and all its known transaction codes, visit the Cash App merchant page.