Cash App vs Bank Zero.
Cash App (C70/100) and Bank Zero (B50/100), 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 Bank Zero 9-0.
| B Bank Zero №75 · SARB 50 /100 | C Cash App №31 · FDIC 70 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 50 /100 | 70 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | 2.00% | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Payment inst. SARB | Partner-bank FDIC |
| Deposit guarantee Per depositor | Safeguarded ZA.CODI | $250,000 US.FDIC |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 2 countries |
| Crypto Coins available | No | 1 coins |
| Stocks & ETFs Self-directed | No | Yes |
| UX | ||
| Trustpilot Customer score | — | 1.6 ★ 50k reviews |
| App store iOS + Android avg | 4.5 ★ iOS 4.5 · And 4.4 | 4.8 ★ iOS 4.8 · And 4.7 |
| Read review → | Read review → | |
Pick Bank Zero if…
South Africa's first fully-digital mutual bank — SARB-licensed since 2018, operationally live since 2021. Founded by ex-FNB executives (Yatin Narsai, Michael Jordaan). Owner-operator model: no shareholders, profits flow back to depositors via lower fees and competitive sub-account interest. The fee-free counterpart to Discovery Bank's premium tier-based model.
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.
- Best for fees Cash App won 1 of 4
- Best for protection Cash App won 2 of 2
- Best for reach Cash App won 3 of 3
- Best for ux Cash App won 2 of 2
Cash App vs Bank Zero — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Bank Zero better than Cash App?
Under our v3 methodology, Cash App leads Bank Zero 9–0 across 12 dimensions. Composite scores: Bank Zero 50/100 vs Cash App 70/100. Cash App is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Bank Zero or Cash App cheaper?
Monthly fee — Bank Zero: €0; Cash App: €0. Card FX markup — Bank Zero: 2.00%; Cash App: Interbank. Cash App wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Bank Zero or Cash App?
Bank Zero holds a Payment inst. licence under SARB; deposit guarantee per depositor: Safeguarded. Cash App holds a Partner-bank licence under FDIC; deposit guarantee per depositor: $250,000. Cash App is the stronger pick on regulatory protection.
Where can I use Bank Zero and Cash App?
Bank Zero operates in 1 country; Cash App operates in 2 countries. 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.