Cash App vs Discover Bank.
Cash App (C70/100) and Discover Bank (D60/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Cash App leads Discover Bank 7-0.
| C Cash App №31 · FDIC 70 /100 | D Discover Bank №51 · OCC 60 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 70 /100 | 60 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Partner-bank FDIC | Payment inst. OCC |
| Deposit guarantee Per depositor | $250,000 US.FDIC | Safeguarded US.FDIC |
| Reach | ||
| Markets served Licensed jurisdictions | 2 countries | 1 country |
| Crypto Coins available | 1 coins | No |
| Stocks & ETFs Self-directed | Yes | No |
| UX | ||
| Trustpilot Customer score | 1.6 ★ 50k reviews | — |
| App store iOS + Android avg | 4.8 ★ iOS 4.8 · And 4.7 | 4.8 ★ iOS 4.8 · And 4.7 |
| Read review → | Read review → | |
Pick Cash App if…
The largest US peer-to-peer payments + neobank hybrid by user count (~50M monthly actives). Block-owned, public via NYSE:XYZ. Bitcoin-native — was the first major US fintech to integrate BTC buy/sell. Partner-bank model via Sutton Bank means FDIC pass-through, not direct charter cover.
Pick Discover Bank if…
OCC-chartered direct bank, integrated with the Discover Card network. Famous for zero foreign-transaction fees + 1% cashback debit. Fully FDIC-insured. The card-network-integrated alternative to Ally for travellers + cashback-driven readers.
- Best for fees Tied
- Best for protection Cash App won 2 of 2
- Best for reach Cash App won 3 of 3
- Best for ux Cash App won 1 of 2
Cash App vs Discover Bank — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Cash App better than Discover Bank?
Under our v3 methodology, Cash App leads Discover Bank 7–0 across 12 dimensions. Composite scores: Cash App 70/100 vs Discover Bank 60/100. Cash App is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Cash App or Discover Bank cheaper?
Monthly fee — Cash App: €0; Discover Bank: €0. Card FX markup — Cash App: Interbank; Discover Bank: Interbank. Tied across fee rows. See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Cash App or Discover Bank?
Cash App holds a Partner-bank licence under FDIC; deposit guarantee per depositor: $250,000. Discover Bank holds a Payment inst. licence under OCC; deposit guarantee per depositor: Safeguarded. Cash App is the stronger pick on regulatory protection.
Where can I use Cash App and Discover Bank?
Cash App operates in 2 countries; Discover Bank operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.