How it works
Choose Afterpay at checkout or in the app. Pay in 4 splits the price into four interest-free payments every two weeks. Pay Monthly spreads bigger purchases over longer terms. Afterpay is now part of Cash App and appears as Cash App Afterpay.
What it costs
Pay in 4 is free if you pay on time. A missed payment can cost up to $8, and total late fees are capped at 25% of the order. Pay Monthly loans carry an APR from 0% to 35.99% depending on eligibility and the store, and are issued by First Electronic Bank.
Credit checks and reporting
Pay in 4 doesn't use a hard credit check. Pay Monthly loans are subject to a credit check and approval, and aren't available in every state.
Good to know
New users usually start with low limits that grow with on-time payments. If you miss a payment, you can't make new purchases until you're caught up.
Terms checked October 2026. Services change their terms, so the terms shown at checkout are the ones that count.