A cash app clearing fee is a service charge tacked onto the final amount of a Cash App transaction. This fee is collected by a financial institution or broker and represents a small percentage of the transaction amount. It must be paid before the transaction can be completed, though certain circumstances may not require it.

A clearing fee is a small fee deducted from a transaction. The fee can be as little as one to three per cent. In some cases, clearing houses may waive this fee entirely. However, this is a relatively new practice and is not limited to Cash App. Most of these charges are part of the Cash App clearance fee scams.