Family Accounts Overview (2024)

Sponsored Accounts

If you are a parent or guardian with a verified Cash App account, you can invite someone between the ages of 13 and 17 to use Cash App and access features like P2P transactions (including recurring allowance payments), Cash App Card, Cash App Pay, direct deposit, Boost, bitcoin*, and stocks.

Once you sponsor their account, you become the legal owner of the sponsored account and the person you sponsor will be considered an authorized user of your sponsored account. Sponsors can track activity in the app, and turn specific features on/off. Sponsors may also cancel sponsorship at any time by contacting Cash App Support.

Cash balances (including Savings) of both sponsored accounts and their sponsors are FDIC insured up to $250,000 through our partner banks. If you have multiple Cash App accounts, and/or multiple sponsored accounts, they are included under the same insurance coverage. After sponsorship ends, if they do not have a Cash App Card, sponsors will need to order one to maintain FDIC coverage. Bitcoin and investing balances are not covered by FDIC insurance.

Brokerage services by Cash App Investing LLC, member FINRA/SIPC, and a subsidiary of Block, Inc. Investing and purchasing bitcoin involves risk; you may lose money. Bitcoin trading is offered by Block, Inc. Cash App Investing does not trade bitcoin and Block, Inc. is not a member of FINRA or SIPC. For additional information, see the Bitcoin and Cash App Investing disclosures.

Cash App Investing is a self-directed service; you are solely responsible for orders placed through your account. Cash App Investing does not provide investment advice or recommendations.

Fractional shares investing may involve additional risks such as non-transferability. For additional information regarding the unique risks and limitations of fractional shares, please see your Investing Customer Account Agreement.

Debit cards issued and banking services provided by Cash App’s bank partner(s).

Family Accounts Overview (2024)

FAQs

What are family accounts? ›

Family Account means any brokerage or other account containing securities (including but not limited to covered securities) (1) in which an immediate family member of the Access Person not sharing the same household has Beneficial Ownership and (2) over which the Access Person exercises direct or indirect, sole or ...

What can a Google family manager see? ›

When the Google One plan manager shares their storage with their family group, everyone in your family can see how much storage other people are using. You can't see their files and photos (and they can't see yours) unless you choose to share those files with them.

How many members are in a family account? ›

This means you can invite up to 5 other people to join and if they accept your invitation, they'll be added to your family group. Family managers can delete the group, invite, or remove members at any time.

How do I manage my family account? ›

Send invitations.
  1. On your Android phone or tablet, open the Google One app .
  2. At the top, tap Menu. Settings.
  3. Tap Manage family settings.
  4. Turn on Share Google One with your family. To confirm, on the next screen, tap Share.
  5. Tap Manage family group. Invite family members.
  6. Follow the instructions to finish setup.

How many accounts should a family have? ›

The ideal number of bank accounts depends on your financial habits and needs. You might be happy with just two accounts – checking and savings – or you may want multiple accounts to separate business and personal expenses, share a bank account with a partner or maintain separate accounts for various financial goals.

How many family members' accounts can be added to a family banking account? ›

A minimum of two (2) and maximum of ten (10) family member accounts can be linked and added to a Family ID. All account holders linked under a Family ID are collectively called “Family Members” and accounts held by such Family Members (other than that of the Primary Account Holder) are referred to as “Member Accounts”.

Can Google family Manager see browsing history? ›

Your child's activity information that we collect may include things like search terms, videos they watch, voice and audio information when they use audio features, people with whom they communicate or share content, and Chrome browsing history they've synced with their Google Account.

Can Google family see my texts? ›

Can Family Link Read Text Messages? Unfortunately, Google Family Link cannot directly access your child's text messages. Family Link's core functionality focuses on managing apps, screen time, and location tracking.

Can Google family see my photos? ›

When you join a family, your family members can find your name, photo, and email address. They can also find how much shared storage each family member uses. Family members aren't able to find your photos, videos, or other items unless you directly share them.

Can Google family have two managers? ›

If the family manager has a Google One membership, they can share Google One with their family group and will also be the plan manager. Note: Each family group only has one family manager.

How does Google family work? ›

You can create a Google account for your child and another for yourself (you likely have one already), then link them up. With the two accounts connected, you can remotely manage your child's smartphone or tablet from your own device. Family Link is primarily built for Android devices but also works on iOS.

How do I separate my Google family account? ›

Remove member.
  1. On your Android phone or tablet, open Google One .
  2. At the top, tap Menu. Settings.
  3. Tap Manage family. Manage family group.
  4. Tap the family member you want to remove. Remove member.

How do I access the Google family Library? ›

Apps & games
  1. Open the Google Play app .
  2. At the top right, tap the profile icon.
  3. Tap Settings Family Family Library settings.
  4. Select Apps & Games, Movies & TV, or Books. Tip: If a tab isn't listed, your family members haven't added any content in that category.

What is a family bank account? ›

Under this program, you can open individual savings account for each of your family members and link them together as a family. If any of your family members already have Axis Bank accounts, you can simply link them under your Family ID and open new accounts for the rest.

How do I create a family account? ›

Create a family on Google
  1. Sign in to your Google Account.
  2. Go to g.co/yourfamily.
  3. Select Create a family group. Get started.
  4. Under “Ready to be a family manager?,” select Confirm.
  5. Enter the names of family members you want to invite to your Google family group.
  6. Select Send.

What is a Google family account? ›

Creating or joining a family group doesn't require a paid membership or subscription. A family group allows you and your family group members to get more out of the Google products that you already use. Some Google products require purchasing family plan subscriptions for premium services.

What is a family bank account called? ›

A joint banking account is built on trust. Make sure you have honest—and ongoing—discussions about finances with the partner, family member or friend you share the account with.

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