boldnomad8 said:I haven't been tracking the exact data, but I'd wager an incredibly small percentage of Americans don't own at least one type of card.
You get a straightforward card for online shopping, which is something some banks still somehow struggle to figure out. For example, my bank actually blocked a payment to Amazon because they said, "we don't work with unreliable merchants." I ended up spending a few days arguing and escalating things through different levels of support just so I could spend ten bucks on Amazon.
Plus, since it isn't tied to your main checking account, there's less risk when you're browsing online. (There might be better ways to do this, like using Revolut where you can make one-time use cards, but Cash App is definitely safer than using a standard debit card.)
Also, sending and receiving money is instant, which is super handy if you need to venmo a friend, buy something on eBay, or receive a quick payment. (Again, there are probably better options out there—like Zelle, which works similarly but without the fees.)
And finally, there aren't any monthly fees, so it basically sits there and costs you nothing unless you actually decide to use it.