If you use Cash App and have received a spam text in the past few years, there may be money coming your way. A new class-action settlement could put up to $147 in your pocket, and it all stems from a lawsuit over unwanted promotional messages. Let us break it down for you in the simplest way possible.
Why are cash app users getting a payout?
The settlement comes from a lawsuit filed by Kimberly Bottoms, a Washington resident, in November 2023. She claimed that Block, the company that owns Cash App, violated the state’s Consumer Protection Act by sending spam text messages.
The texts were tied to the app’s Invite Friends program. If you got one of those texts — especially between November 2019 and now — you may qualify for a payout.
While Block has agreed to pay $12.5 million to settle the case, they have not admitted to any wrongdoing. That is common with class-action lawsuits.
How much money could you get from the settlement?
The exact amount each person receives will depend on how many people file a claim. Reports suggest eligible users could get between $88 and $147. Here is what to expect:
- The minimum payout is around $88
- The maximum payout is expected to be $147
- Payments will come from a $12.5 million settlement fund.
There are about two million people who might qualify, according to CNET.
Who qualifies for the cash app spam settlement?
To qualify, you must meet these conditions:
- You received a spam text message from Cash App’s Invite Friends program
- The text was sent on or after November 2019
- You did not consent to receiving promotional messages
If you think this applies to you, you will want to keep an eye out for the official claim form and instructions.
How will payments be sent to qualified users?
If you are eligible and your claim is approved, you will have a choice in how to receive your money. Here are your two options:
It is simple and flexible, so you can pick the method that works best for you.
What is a class-action settlement?
If you are wondering how this all works, you are not alone. A class-action lawsuit happens when a group of people with similar complaints join together to sue a company. One or more individuals file the case on behalf of many others.
Here is how class actions usually play out:
- The company offers a settlement to avoid a long court fight
- People in the affected group — called class members — can file a claim to receive payment
- Once a person accepts the money, they usually give up their right to sue again for the same issue
These settlements are very common in cases involving spam, data breaches, false advertising, and more.
How popular is cash app in the U.S.?
Cash App has become one of the most widely used payment platforms in the country. As of now:
- More than 55 million people use the app
- That number could grow to 64.5 million by 2028, according to Oberlo
- Cash App is especially popular among younger Americans — nearly 4 in 10 people between ages 18 and 29 use it, according to Pew Research
Despite a recent dip in downloads — down 15% in the last quarter of 2024 — Cash App continues to expand with features like tap-to-pay for business sellers. If you are a Cash App user and have ever gotten an unsolicited text, this could be your chance to get a small payout.
