Cash App vs. Venmo vs. Zelle: Best, Worst, Pros and Cons

Last Updated on June 1, 2021

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Cash App, Venmo and Zelle have practically replaced cash with people under the age of 30. But it’s hard to know which is the best one to choose. Should you use all or only one? What are the pros and cons?

Let’s be honest. When was the last time you used cash? Not a credit card – real, green paper cash? Um, that’s what we thought.

Even though Cash App, Venmo and Zelle seem very similar there are key differences you should know. We break it down below …


Bordering on being a social media app, Venmo stands out as an app to use with friends. The service connects your contacts to your account and provides you with updates on their transactions. As a user, you have the ability to keep your own transactions private, but making this choice won’t stop you from seeing what others are doing. The app also allows you to make friends with people outside of your contacts so that if you ever need to send them money again, it will be an easier process.

Some drawbacks to Venmo are the 3-percent fee they charge for every transaction that is paid through a credit card. Users have the option to link their bank account, debit card, or credit card to the account, and while a credit card may seem easiest, it could hurt in the long run. Another possible con to using Venmo is that you can only send money from your smartphone unless you sign up for a Venmo Card. The Venmo Card functions as a debit card, taking money from your pool on the app, but only up to $400 daily.

Cash App

If you like the idea of having a debit card connected to your app, Cash App might be your new favorite spending tool! Once you download the app, all you have to do is tap the “Cash Card” option and order it. The card is completely free and accessible to anyone over the age of 18. Not only does it pull from your Cash App balance, but you can also connect your Apple Pay and Google Pay accounts to it, as well. The Cash Card can be used anywhere that a Visa is accepted, so it can be a saving grace when traveling abroad. Not to mention that the Cash App allows users to buy and exchange Bitcoin, too!

Unlike Venmo, Cash App does not offer any social aspects. However, one thing they share is the processing fee that they attach to any credit card transaction. Another downside to using Cash App is that the maximum transfer amount is $7,500. So, even though this app is considered one of the more professional spending tools, it might not be ideal for big payments.


Perhaps the most bank-friendly, Zelle is best used when connected to a participating bank.  The app will connect to any bank account, but the weekly transaction is limited to $500 if your account isn’t linked to a bank like Chase, Bank of America, Citi, U.S. Bank, or Wells Fargo. The list of participating banks continues to grow, and a perk is that you can experience same-day transfers and online payments straight to your bank account, unlike some other apps. Many users love the fact that Zelle doesn’t charge fees for sending or receiving money. So this is definitely the app to use if you like avoiding extra costs.

Unfortunately, Zelle can only be used if both the recipient and sender have access to Zelle through their bank accounts. Also, the app can only be attached to one bank account, and users cannot change it after creating their account.