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Cash App $147 Settlement 2025: Eligibility Check, Payout Amounts, Claim Process, and Important Dates

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Millions of American consumers transact daily using the digital payment app, Cash App. Following a major data breach involving the app in early 2025, the company was forced to pay $147 million in a class-action suit. The settlement is meant to compensate consumers who had their private and financial information compromised by the data breach.

So, if you’re a Cash App user and wondering whether you qualify for this $147 million settlement, how to file for it, and when the check will arrive—you’re in the right place. This article explains everything step-by-step in layman’s terms.

What is the Cash App $147 Million Class Action Settlement 2025?

A few years ago, a former Cash App employee was accused of copying the financial data of several users from the company’s internal systems.

Following this incident, millions of users’ information, including:

  • Names
  • Cash App IDs
  • Stock trading records
  • Account numbers
  • Other private information

was put at risk. This was considered a data breach, and consumers filed a lawsuit against the company.

After lengthy legal proceedings, in 2025, Cash App agreed to settle the case by paying $147 million. A portion of this fund will be distributed to eligible consumers to compensate them for the damages incurred.

Who is Eligible? (Easy Eligibility Check)

If you want to know if you are eligible to receive money from this settlement, take a look at the simple eligibility criteria below:

You were a Cash App user between 2020–2022

This is the period during which the data breach occurred.

Your information was affected

If Cash App notified you via email or notification that your information may have been included in the data breach—then you are definitely eligible.

You are a resident of the United States

This settlement applies only to US consumers.

You have suffered financial losses (optional)

If your personal information was misused, or you incurred additional expenses as a result—you may be eligible for additional compensation.

Note: Even if you did not suffer any losses, you will still be eligible for the basic cash payout.

How much money will I receive in the settlement?

The amount claimed may vary from consumer to consumer, but on average:

  • Base Payout: $25–$50
  • Documented Losses (such as bank fees, identity theft expenses): $100–$500
  • Maximum Compensation: Up to $147

The settlement fund totals $147 million, which will be distributed among eligible claimants. Therefore, the final amount will also depend on the number of claimants.

How to check if you are eligible? (Step-by-Step Eligibility Check)

Checking eligibility is very easy. You just need to follow these steps:

  • Step 1: Go to the official Cash App Settlement website. (Refer to it as the “official settlement site” in the blog.)
  • Step 2: Click on the “Check Eligibility” or “Find Out If You Qualify” section.
  • Step 3: Enter your Cash App registered mobile number and email ID.
  • Step 4: The system will tell you whether your account was affected or not.
  • Step 5: If you are eligible, you will receive a link to fill out the Claim Form.

Cash App Settlement Claim Process – Step by Step

Filing a claim is easy and takes no more than 5 minutes. The complete process is described below:

Open the Claim Form

After checking your eligibility, you will receive an online form asking for your basic information:

  • Full Name
  • Email
  • Phone Number
  • Address
  • Cash App ID

Provide details of losses (if applicable)

If you have suffered any financial losses, you will need to provide supporting documents such as:

  • Bank statements
  • Fraud reports
  • Proof of fees or charges
  • Identity theft reports

If you do not have the documents, you are still eligible for the basic payout.

Choose your payment method

You can receive the money directly to your:

  • Cash App Wallet
  • Bank Account
  • PayPal
  • Prepaid Mastercard

Submit your claim

  • After filling out everything, click Submit.
  • You will receive a confirmation email upon successful submission.
  • Claim Deadline
  • The final deadline to file a claim for the Cash App $147 Settlement is:
  • June 30, 2025 (estimated)
  • If you do not submit the form before this date, you may lose your chance to receive payment.

Payout Timeline – When will you receive the payment?

The timeline proposed by the company is as follows:

  • After claim submission is complete — July 2025
  • Review of all claims will begin.
  • Court Approval Hearing — August 2025
  • The court will grant final approval.
  • Payment processing begins — September to November 2025
  • Most consumers will receive their money during this period.

On average: Eligible consumers can expect to receive payment within 8–12 weeks.

Is it safe to file a settlement claim?

Yes, this is a legitimate settlement that has received court approval.

  • Verify the authenticity of the website before clicking on any links.
  • Only enter your Cash App ID and personal information on the official site.
  • Do not share your OTP or password with anyone—as Cash App will never ask for this information.

How will the Cash App Settlement help you?

This settlement is designed to enhance user security and trust. You benefit in the following ways:

  • Financial Relief: If your data was compromised, this compensation helps cover your losses.
  • Protection Against Identity Theft: The settlement may also include an option for free credit monitoring services.
  • Increased Platform Trust: This action demonstrates that companies take user security seriously.

Will every user receive the full $147?

No, this is the maximum compensation.

The actual payment will depend on:

  • Your claim type
  • Proof of loss
  • The number of affected users

However, eligible users are guaranteed to receive between $25 and $147.

Conclusion: Should you file a claim?

You should definitely file a few claims if you were a Cash App user in the recent few years and received a notification of a data breach. This will take five minutes at most. The token for this procedure could be up to $147, which will greatly ease the burden posed by this data breach.

The Cash App $147 Class Action Settlement 2025 comes as enormous breathing space for all consumers that have been affected by this. So, run to check eligibility, make a claim, and get your money!

FAQs

Q1. What is the Cash App $147 Class Action Settlement 2025 about?

A. It is a legal settlement offering compensation to users affected by a past Cash App data breach.

Q2. Who is eligible to receive the payout?

A. Any U.S. resident who used Cash App during the breach period (2020–2022) and whose data was affected is eligible.

Q3. How much can users receive from the settlement?

A. Eligible users can receive between $25 and $147, depending on their claimed losses.

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