If you're curious about the bank behind Cash App's integration with Plaid, you've come to the right place.
Cash App, a popular financial app, partners with Lincoln Savings Bank to connect with Plaid, a leading financial technology company that enables secure connections between apps and bank accounts.
In this article, we'll see how Cash App uses the Lincoln Savings Bank to work with Plaid.
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What Bank Is Cash App On Plaid?
Cash App uses Lincoln Savings Bank to connect with Plaid and offer convenient banking services.
However, you'll never see Lincoln Savings Bank on Plaid's portal when looking to link a bank account to Cash App through Plaid. Lincoln Savings Bank is an integrated bank on Cash App that offers banking services through Cash App and has integrated with Plaid. This means you won't have to do the linking yourself since Cash App has taken care of everything.
How Does Cash App Work With Plaid?
Plaid as a fintech company that facilitates communication between or securely transmits your bank account information with finance apps.
We already know Cash App uses Plaid. But how?
Here's how.
Have you ever linked a bank account to Cash App before? If yes, then you should be aware of the two ways to link a bank account to Cash App, which include the automatic and manual linking processes.
When linking your bank account to Cash App automatically, you'll typically be asked to select your bank from the list of available banks. After selecting your financial institution, you'll soon be prompted to log in to your financial account through Cash App by entering your username and password.
This is where Plaid intervenes in the process. You are not providing your banking details to Cash App but to Plaid instead. Plaid will securely transmit this information to Cash App on your behalf. There's no need to be scared of the process because Plaid uses end-to-end data encryption, cloud infrastructure, strong authentication, robust monitoring, and third-party security reviews to securely share your information with Cash App.
When linking your bank account to Cash App manually, you'll be asked to provide some information about your account including your routing and account number. However, you won't be using Plaid when linking your bank account manually to Cash App.
What's even great about using Plaid on Cash App is that you can decide to stop sharing your banking details with Cash App through your Plaid account whenever the need arises.
What Bank Does Cash App Use For Plaid?
Cash App uses Lincoln Savings Bank to work with Plaid.
Additionally, Cash App uses the same Lincoln Savings bank to offer banking services to its users. Some of these services are direct deposits, a virtual bank account, and a couple of other banking perks.
All of these services use Plaid for the secure communication of your financial details.
What Bank Is Cash App?
Cash App is not a bank. It is a peer-to-peer (P2P) payment app that offers customers a secure way to send and receive money in this modern era.
While Cash App is not a bank, it uses Lincoln Savings Bank to offer customers the banking services they find when using the app.
How To Find Cash App On Plaid
Plaid's website features a list of finance apps that use Plaid to secure customers' banking information. You'll find out that Cash App isn't the only payment service that uses Plaid — as Venmo, a popular American payment service equally uses Plaid to secure customers' financial information.
It is worth mentioning that you won't find Cash App listed as a Plaid-supported financial institution when looking to link Cash App to other financial apps.
How To Link A Plaid Account To Cash App
Linking a Plaid account to Cash App is very easy and straightforward.
In fact, it can be done in two ways: — linking your bank account to Cash App or linking Cash App as a financial account to other finance apps.
1. Linking Your Bank Account To Cash App
Usually, when you sign up for Cash App, you'll be asked to link a bank account that will be used as a funding source for your money transfers. Besides, that, linking a bank account to Cash App will also qualify you for more features with the app such as the Paper Money option, direct deposits, and many more.
Linking your bank account to Cash App is a very easy and straightforward process. However, to make sure you'll use Plaid, I'll recommend login into your financial account direct on Cash App instead of using the manual linking process.
To do so:
- Open Cash App on your phone.
- Tap the Profile Icon on your Cash App home screen.
- Select "Linked Banks."
- Tap "Link Bank."
- Follow the prompts.
Keep in mind that you'll need a debit card for your Cash App account before the Link Bank option will be made available for your account.
2. Link Cash App To Other Finance Apps
Linking Cash App to other finance apps is another great way to link and use your Plaid account on Cash App.
If the finance app uses Plaid, it will let you link your bank account through Plaid. In this case, you just need to link your Cash App to Plaid and use the finance app.
It is worth mentioning that neither Cash App nor Lincoln Savings Bank will be listed as Plaid-supported financial institutions on the list that will show up.
How To Link Bank Account To Cash App Without Plaid
As earlier mentioned, Cash App works with Plaid to secure customers' financial information.
While Cash App works with Plaid, some features within the app don't use Plaid including the manual process for linking your bank account to Cash App. This one does not use Plaid through the process.
With that said, linking your bank account manually to Cash App is one of (if not the only) ways to use Cash App without Plaid. However, this does not make Cash App one of the finance apps that don't use Plaid.
How To Bypass Plaid On Cash App
Plaid is a service that has been integrated into Cash App. This means you typically use Plaid whenever you need to link your bank account to Cash App through your login details.
However, it is possible to bypass Plaid on Cash App by linking your bank account through your routing and account number.
Simply put, the best way to bypass Plaid on Cash App is by linking your bank account manually to Cash App. This way, Plaid won't intervene in the process.
Frequently Asked Questions
What is Cash App bank name on Plaid?
Cash App uses Lincoln Savings bank to offer customers banking services. However, you'll neither see Cash App not Lincoln Savings Bank as a bank name representing the payment giant on Plaid.
How do I link my Plaid to Cash App?
The best way to link your Plaid to Cash App is by linking your bank account to Cash App through Plaid's portal.
How do I manually link my bank account to Plaid?
The best way to link a bank account to Plaid is by doing so in Plaid's secure portal.
Final Thoughts
Cash App is a popular payment service that has been engaged in customers' satisfaction by offering them convenient and secure banking services.
Cash App uses Lincoln Savings Bank to work with Plaid so as to offer customers convenient banking services and a couple of other financial perks.
While Cash App uses Plaid for most of its core services, you won't be using the service when looking to link your bank account manually to Cash App. So I recommend always linking your bank account through Plaid's portal to be sure you're using Plaid.