Are There Any Fees When Using Baby Cash Funds?

Let’s discuss the wonderful world of fees, or rather, the lack thereof. When you venture into Joy’s Cash Funds, rest assured, you won’t encounter fees. We don’t take a penny from your cash gifts. And those bothersome credit card fees? Poof! They’re gone. Why? Because your cash gifts smoothly glide on convenient platforms like PayPal, Venmo, or Cash App, leaving behind any fee worries.

However, there’s a little twist you should be aware of. While PayPal, Venmo, and Cash App don’t charge fees for standard bank transfers (which usually take 1-3 business days), they do apply a fee for Instant Deposits or Transfers. Here’s the scoop:

  • For guests, these apps allow hassle-free money sending, as long as they’ve linked their app to a bank account.
  • PayPal offers complimentary standard transfers to your bank account and Instant Transfers. Standard transfers usually arrive in about 1 business day, but the exact timing depends on your bank’s processes. Instant Deposits are speedy, landing in just 30 minutes, but they come with a 1% fee. PayPal also has conversion fees for international transactions.
  • Venmo provides complimentary standard transfers to your bank account, and Instant Transfers are an option. Standard transfers take 1-3 business days, while Instant Deposits involve a 1% fee.
  • Cash App delivers free standard deposits to your bank account and Instant Deposits to your linked debit card. Standard deposits typically arrive within 1-3 business days, while Instant Deposits have a 1.5% fee but are lightning-fast.

Always check each platform’s fee details for the latest information.

Please Note: Joy is not affiliated with PayPal, Venmo, or Cash App and we do not have internal specifics on their policies. For further details on international accounts, currency exchange fees and general information, please click here for Paypal, here for Venmo, and here for Cash App.

Still have some questions?

Ask us directly! Click on the black and white chat bubble in the bottom-right corner of this page to ask us your questions, or you can email us at You’ll get a friendly response from someone on our team! 🙂