A major financial settlement is set to benefit millions of Cash App users in 2025. The class-action lawsuit, which alleged improper fee practices and mishandling of user data, has resulted in a payout of up to $2,570 per eligible user. Payments are scheduled to be processed starting in April 2025.
If you used Cash App between 2018 and 2023, you may be eligible to claim a portion of this settlement. Here’s everything you need to know about the Cash App class-action settlement, eligibility requirements, and how to claim your compensation.
$2,570 Cash App Settlement 2025: Key Details
| Aspect | Details |
|---|---|
| Settlement Amount | Up to $2,570 per eligible user |
| Total Settlement Fund | $312 million |
| Reason for Settlement | Alleged unauthorized transactions, fraud, data misuse |
| Eligibility | Cash App users affected between 2018 and 2023 |
| Claim Deadline | March 31, 2025 |
| Payment Methods | Direct deposit, Cash App credit, physical check, prepaid virtual debit card |
| Payment Start Date | April 10, 2025 |
| Final Check Cashing Deadline | July 31, 2025 |
Why Is There a Cash App Settlement?
The $2,570 Cash App Settlement is the result of a class-action lawsuit against Block, Inc. (formerly Square), which owns Cash App. The lawsuit claimed that Cash App:
- Failed to protect users from unauthorized transactions and fraud
- Froze accounts without prior notice
- Delayed or denied refunds
- Charged hidden fees on certain transactions
- Mishandled user data, including potential unauthorized sharing with third parties
Although Block, Inc. denied any wrongdoing, the company agreed to settle the lawsuit to avoid a prolonged legal battle.
Who Is Eligible for the Cash App Settlement?
You may be eligible for a payout if you:
- Used Cash App between 2018 and 2023
- Experienced unauthorized transactions or fraudulent charges
- Had your funds frozen or lost without resolution
- Filed a complaint but did not receive a refund
If you meet these conditions, you must file a claim by March 31, 2025, to receive compensation.
How to File a Claim for the Cash App Settlement
Eligible users can submit their claims online, by mail, or in person. Follow these steps to file your claim:
- Visit the Settlement Website
- Go to the official settlement site (details will be available from the claims administrator).
- Provide Your Cash App Account Details
- Submit proof of account activity between 2018 and 2023.
- Complete the Claim Form
- Fill in personal details, transaction history, and supporting evidence.
- Choose Your Payment Method
- Options include direct deposit, Cash App credit, a physical check, or a prepaid debit card.
- Submit Before the Deadline
- Claims must be filed by March 31, 2025.
Cash App Settlement Payout Timeline
According to court documents, the payout process follows this schedule:
- March 15, 2025 – Final verification of claimants
- April 10, 2025 – Electronic payments (direct deposit & Cash App credit) begin
- April 20, 2025 – Physical checks mailed to users who selected this option
- July 31, 2025 – Last date to cash settlement checks
Payment Methods: How Will You Receive Your Money?
You can choose from the following payment options:
- Direct Deposit – Sent to your bank account; funds typically clear within 1-3 business days.
- Cash App Credit – Credited instantly to your Cash App balance, available within 24 hours.
- Physical Check – Mailed to your address, typically taking 7-14 business days.
- Prepaid Virtual Debit Card – A digital card sent via email, usable for online purchases.
Do You Need to Take Any Action?
If you already submitted a claim during the notification period, you do not need to take further action—your payment will be processed automatically.
However, if you missed the deadline or were never notified, you may still qualify for an exception if you can prove that you were affected but did not receive proper notice.
Final Thoughts
The $2,570 Cash App Settlement offers financial relief to millions of affected users. If you used Cash App between 2018 and 2023 and experienced unauthorized fees, fraud, or service disruptions, be sure to file your claim before March 31, 2025. Payments will be distributed beginning April 2025, with multiple payout options available.
FAQs:
Who qualifies for the Cash App settlement?
Any Cash App user who experienced unauthorized transactions, account freezes, or hidden fees between 2018 and 2023.
How much money can I receive?
Eligible users can receive up to $2,570, depending on the details of their claim.
When will I get my payment?
Electronic payments start April 10, 2025, and physical checks will be mailed by April 20, 2025.
