Are you looking for cash advance apps like Dave? This app allows you to take an advance of up to $500 for only $1 per month, which sounds like a great deal.
According to Statista, the United States leads the cash advance market, with a projected transaction value of $26.7 billion by 2024. This means investing in mobile app development services can be great.
While recent news reveals that the overdraft fees in the U.S. reached an average of $33.58 per transaction in 2024, it is crucial to have a quick, reliable solution that saves you from the cycle of debt.
Fortunately, there are various apps similar to Dave in the USA that provide a lifeline during financial constraints. This blog outlines some great options for those who need a small cash advance to get through their next payday.
20 Best-Picked Cash Advance Apps Like Dave
Did you know that the use of cash advance apps has surged by about 45% in 2024? Here, we’ve enlisted the top 20 cash advance apps like Dave for you:
1. EarnIn
Google Play Store Rating: 4.6/5
Apple Store Rating: 4.7/5
EarnIn is a free cash advance app that allows users to quickly access their earned wages without incurring high fees or interest rates. With this app, you can easily get paid for the hours you’ve worked without waiting for payday.
Pros and Cons
Pros |
Cons |
Access up to $750 per day period |
Requires personal information like bank details |
User-friendly balance shield feature |
Employment is mandatory |
Free from monthly fees, interest, and credit checks |
Dependence on consistent income |
Details and Terms
- Loan Amount: Up to $100 per day / Up to $750 per day period
- Processing Time: 1-3 business days
- Repayment Date: The borrowed amount will automatically deducted from your next paycheck
Eligibility Criteria
Here’s what you need to be eligible for these money apps like Dave:
- Stable employment is required where you work on a fixed schedule.
- You need a consistent pay schedule (weekly, bi-weekly, semi-monthly, or monthly)
- Your paychecks must be received via direct deposit into a checking account.
Application Process
- Download the App: Get access from iOS and Android
- Create an Account: Sign up using your personal details
- Link Bank Account: Connect your checking account where your paycheck is deposited
- Verification: Verify your employment details and earnings
- Set Up Direct Deposit: Make sure your paycheck is deposited into the linked account
Other Features
If you’re wondering what makes EarnIn stand out, we’ve discovered some of the popular feature’s apps like Dave and EarnIn entail:
Balance Shield
It alerts you when your bank balance is insufficient and can provide a small cash advance to avoid overdraft fees.
Cash Back Rewards
This feature allows you to earn cash back on purchases at participating retailers.
Health Aid
It provides users access to low-cost health services through the app.
Financial Insights
This tool provides users with insights into their spending habits and financial health.
Tip System
It is a great saving tool that turns your savings from passive income into something active and social. For more socialization opportunities, look out for apps like Wizz, which is a social networking platform.
2. MoneyLion
Google Play Store Rating: 5.0/5
Apple Store Rating: 4.7/5
MoneyLion is a widely known financial platform that covers more than paycheck advance services, including personal finance solutions. It delivers convenient access to quick funds for your financial needs. For more money-handling platforms, you can check out various apps like Venmo, which make money transfers easier.
Pros and Cons
Pros |
Cons |
Offer personal loans, credit monitoring, investment accounts, and digital banking service |
Some features require paid membership, such as Credit Builder Plus |
Get cash advances with no interest or credit check |
Interest rates on personal loans can be high |
Invest in diversified portfolios with no minimum balance requirements |
Features like Instacash may not be available to all users |
Details and Terms
- Cash Advances: Up to $500
- Personal Loans: Up to $50,000
- Processing Time: 1-3 business days for personal loans and 24 hours for cash advances
- Repayment Date: The amount will automatically deduct from your linked bank account on the next payday.
Eligibility Criteria
Here are the following requirements for cash advances:
- Must be a resident of the United States
- Need an active bank account to link with the app
- Proof of regular income is required
- Requirement of credit check for personal loans
Application Process
- Download the App: Access the app from both Google Play and Apple Store
- Create an Account: Sign up by adding your personal information
- Link Bank Account: Connect your bank account to verify income and facilitate transactions
- Select Services: Choose your desired services, including personal loans, credit builder loans, or cash advances
- Verification: Complete the identity verification process by filling out personal finance applications
Other Features
MoneyLion offers numerous features that deliver you a seamless loan-acquiring experience:
RoarMoney Account
It is a digital banking platform with early direct deposit, no hidden fees, and a virtual debit card.
Managed Investment Accounts
This feature entails a diverse range of portfolios with automatic rebalancing and no minimum balance.
Financial Tracking Tools
It provides various features like budgeting software, spending insights, and personalized financial advice.
Rewards and Cashback
This allows users to earn cashback on purchases made with the RoarMoney debit card.
Mobile Banking
This feature provides online banking services to help existing customers access their banking accounts.
3. Brigit
Google Play Store Rating: 4.7/5
Apple Store Rating: 4.8/5
Brigit is a popular platform that allows you to extend your payback deadline if you’re unable to pay. With over 4 million users, the Brigit platform allows free cash advance and overdraft protection functions.
Pros and Cons
Pros |
Cons |
Extension of due date up to three times |
Need to pay a monthly membership charge from $8.99 to $14.99 |
Partnered with over 6,000 banks |
Requires external bank account to get cash advances |
Set up automatic advances to avoid overdrafts |
|
Details and Terms
- Loan Amount: Up to $250
- Processing Time: 1-3 business days
- Repayment Date: You can get access to flexible repayment options
Eligibility Criteria
To be eligible for cash advance apps like Dave and Brigit, you need to have the following requirements:
- A checking account that has been active for about 60 days
- A balance of more than $0
- Recurring deposits on your account for up to 3 from the same source
Application Process
- Download the App: Access the app by downloading from the Apple Store or Google Play Store
- Create an Account: Sign up by entering your email address and create a password
- Set Up Your Profile: Enter your personal details like name, date of birth and contact information
- Link Your Bank Account: Connect your primary checking account to Brigit
- Request Advance: Request for a cash advance once you’re qualified
Other Features
Brigit is a widely known cash advance app that entails features like:
Financial Insights
This feature provides insights into your spending habits and suggests tips to improve financial health.
Saving Feature
It allows users to save money by setting aside small amounts on a regular basis.
Credit Monitoring
This feature is eligible for premium users who can access credit monitoring services to track their credit score.
Personalized Alerts
This tool delivers customizable alerts for upcoming bills, low balances, and spending trends.
Referral program
It is a reward system that allows users to earn by referring friends and family to the app.
4. Klover
Google Play Store Rating: 4.6/5
Apple Store Rating: 4.7/5
Klover is a popular financial platform that offers small cash advances in exchange for users’ data, which is then shared with its advertising and business partners. The app provides advances based on the user’s bank account activity, but users can also get them by taking surveys, uploading receipts, and connecting retail accounts.
Pros and Cons
Pros |
Cons |
No interest or hidden fees are included |
Must have a steady income to qualify |
Access cash advances without any credit check |
Maximum cash advance may not be sufficient for all users’ needs |
Provide fast access to cash advances |
Data sharing is found intrusive to some users |
Details and Terms
- Loan Amount: Up to $100 cash advances
- Processing Time: Few minutes after approval
- Repayment Date: The amount is automatically deducted from your linked bank account, usually your next payday.
Eligibility Criteria
You need to fulfill the following requirements to be eligible for the cash advances:
- Must have a steady source of income with regular direct deposits
- An active checking account that shows regular banking activity
- Need a history of positive balances and sufficient account activity
Application Process
- Download the App: Get your app from Google Play or Apple Store
- Create an Account: Sign up by providing your bank account and debit card information
- Find Eligibility: If you’re eligible for cash advances, the app will show the advance limit
- Provide Optional Tip or Fee: While going through the process, you will get a request to provide an optional tip or pay a fee
- Request Advances: If you decline the fee, you’ll receive the funds within three business days
Other Features
The Klover app has a wide range of features, which are as follows:
Budgeting Tools
This feature helps users manage their finances by setting up personalized budgets, tracking expenses, and monitoring spending habits.
Spending Insights
The app entails detailed spending insights that help users analyze their financial behavior and identify potential saving opportunities.
Rewards Program
It offers a reward program where users can earn points by connecting their bank accounts, referring friends, or setting up direct deposits.
Financial Education
Klover provides many educational resources, including articles, tips, and guides on budgeting, saving, and credit management. If you want to share loan insights online, there are well-known apps like TikTok that can help you reach a wider audience.
Chatbots Integration
These AI-powered chatbots offer instant assistance and support related to using the app’s features and provide financial advice.
5. Empower
Google Play Store Rating: 4.7/5
Apple Store Rating: 4.8/5
Empower is a great cash advance platform for users like gig workers and freelancers. Although the app provides smaller loans than others, it funds them more quickly. The platform reports payments for credit lines to Equifax and TransUnion, which could help borrowers build credit.
Pros and Cons
Pros |
Cons |
Get a refund in case of an overdraft fee |
Monthly membership costs around $8 |
Access loan without any credit check |
Loan amount may be insufficient for users with larger financial needs |
Offer cash advances without interest |
Recurring payments are required to avoid overdraft fees |
Details and Terms
- Loan Amount: Up to $250 cash advances
- Processing Time: 24 hours
- Repayment Date: The amount is typically due on the user’s next payday.
Eligibility Criteria
To qualify for a cash advance, you need to follow the given criteria:
- Requires an active bank account that is linked to the app
- Regular source of income
- Must be 18 years old or older
Application Process
- Download the App: Get the Empower app from the Apple Store or Google Play
- Create an Account: Sign up by providing personal information and linking your bank account
- Request a Cash Advance: After setting up, you can request a cash advance through the app
- Receive Funds: A cash advance is deposited directly into the user’s linked account
Other Features
Empower offers a wide range of features to help users manage their finances. Here are the most common ones below:
AutoSave
This feature analyzes users’ spending patterns and automatically sets aside small amounts of money into a separate savings account.
Credit Score Monitoring
The app has a tracking feature that provides free access to users’ credit scores and offers insights into factors influencing their scores.
Smart Recommendations
The app entails AI tools that suggest actionable tips and strategies to improve their financial situation.
Empower Card
It is a debit card linked to the user’s Empower account, allowing users to easily access their funds and earn cashback rewards on everyday purchases.
Instant Notifications
This feature alerts for various events, including large transactions, low balances, bill due dates, and unusual account activity.
6. Albert
Google Play Store Rating: 4.2/5
Apple Store Rating: 4.6/5
Albert is an all-in-one money management and cash advance app that helps you budget, save, and invest. The app offers a cash account, recurring savings, a personalized investment portfolio, and budgeting tools.
Pros and Cons
Pros |
Cons |
A diverse range of investing themes and portfolios |
Membership fee is costly compared to others |
Supports fractional share investing |
Cash advances take time to qualify |
Genius feature supports automated savings |
Low APY for Albert Cash accounts |
Details and Terms
- Loan Amount: Up to $250 cash advances
- Processing Time: 24 hours
- Repayment Date: Albert automatically withdraws the repayment amount on the agreed-upon date.
Eligibility Criteria
Albert requires some of the mandatory factors, which are as follows:
- An active bank account without a negative balance and at least two months old
- Extensive transaction history
- Receiving consistent direct deposits from the same source with funds
Application Process
- Register: Sign up for your account by adding detailed personal information
- Connect Your Bank Account: Link your account to determine the cash advance eligibility
- Sign Up for Genius: Get a Genius membership to access Albert’s Instant Cash Advance feature
- Set Up Direct Deposits: Turn on the “Smart Money Transfers” to receive a cash advance
- Request for Cash Advance: Confirm the requested amount and wait for funds to be deposited within 2-3 business days
Other Features
Apps like Dave and Albert entail various features, which are as follows:
Genius
It is a subscription service that offers personalized financial advice, delivering insights into their financial habits.
Budgeting and Spending Tracking
The app helps users track their spending and set budgets, providing insights into their financial habits.
Saving Goals
It allows users to set specific savings goals, which helps them achieve their goals.
Subscription Monitoring
This feature tracks recurring subscriptions and alerts users about upcoming charges, helping them avoid unwanted expenses.
Bill Negotiation
It offers a bill negotiation solution in which Albert negotiates on behalf of users to lower their bills, such as for cable, internet, and phone services.
7. Varo Bank
Google Play Store Rating: 4.7/5
Apple Store Rating: 4.9/5
Varo Bank is an online instant cash advance app that helps consumers save and grow their credit scores. It is an excellent choice for anyone looking to simplify their finances or learn to save and manage money.
Pros and Cons
Pros |
Cons |
No minimum balance is required to open an account |
Cash deposits can only be made through third-party retailers |
No monthly maintenance fees or minimum deposit required |
Neither a money market account nor certificates of deposit are available |
A savings account offers a competitive APY |
|
Details and Terms
- Loan Amount: Up to $250 minimum, gradually up to $500
- Processing Time: 1-2 business days
- Repayment Date: The app automatically deducts the cash advance amount from your account when the next deposit is made.
Eligibility Criteria
To become eligible for the loan, here are the following requirements you need to consider:
- Be at least 18 years old and a resident of the United States
- Have a Varo account in good standing
- History of regular direct deposits into the Varo account
Application Process
- Download the App: Download the Varo Bank from the desired app store
- Create an Account: Confirm your name and address along with adding your employment details
- Fund Your Account: Input funds in your account through direct deposit or external bank transfer
- Request Advance: Go to the Varo Advance section and select the desired loan amount
Other Features
Looking for new cash advance apps solution? Varo Bank provides an all-inclusive digital banking experience with user-friendly features, including:
Fee-Free Banking
This feature allows you to access cash advance solutions without monthly maintenance fees, overdraft fees, or minimum balance requirements.
Overdraft Protection
It is best for users who can overdraw their accounts up to $50 without incurring fees.
Varo Advance
The app allows you to obtain cash advances of up to $100 to manage unexpected expenses without high interest rates.
Security
Varo Bank entails robust security measures, including biometric login options and advanced encryption.
Customer Support
The app has 24/7 customer support that helps you resolve any queries or issues you may have.
8. One@Work
Google Play Store Rating: 4.7/5
Apple Store Rating: 4.9/5
One@Work is one of the leading cash apps like Dave that helps you track your earnings per pay period. With this platform, you can request up to 50% of your net earnings and get money instantly.
Pros and Cons
Pros |
Cons |
Flexible cash advances to manage finances |
Limited cash advances based on user’s income and employer’s policies |
No interest charges are applied to cash advances |
Availability is restricted to One@Work partnered employees |
Get perks like 5% APY on eligible savings |
|
Details and Terms
- Loan Amount: Depends on the user’s income and employer agreement
- Processing Time: 24 hours
- Repayment Date: It automatically deducts from the user’s next paycheck
Eligibility Criteria
To reach out for a cash advance, you need to fulfill the following requirements:
- Must be 18 years of age or older
- Must be employed by a company that has partnered with One@Work
- Steady income and regular pay schedule
Application Process
- Download One@Work: Access the app available on both Google Play Store and Apple Store
- Sign Up: Create an account by adding your personal information
- Verification: Get your employment verified with a partner employer
- Link Payroll: Connect the app to your payroll system to enable streamlined disbursement
- Choosing Cash Advance: Select the desired amount and submit your request
Other Features
One@Work provides a wide range of features that provide easy access to cash advances:
Budgeting Tools
The app provides easy-to-use budgeting tools to help users manage their finances.
Savings Programs
One@Work offers savings programs that enable users to save money and foster financial resilience.
Education Resources
If you’re looking to improve financial literacy and wellness, this feature provides easy-to-understand learning resources.
Customizable Alerts
You can set up personalized notifications for budget limits, saving goals, and spending patterns.
Employer Contributions
This feature provides matching contributions or additional incentives to employers who are using the app’s savings features.
9. Possible
Google Play Store Rating: 4.0/5
Apple Store Rating: 4.8/5
Possible is one of the highly preferred cash advance apps for unexpected financial constraints. It caters to those with limited borrowing options due to poor credit scores.
Pros and Cons
Pros |
Cons |
Low minimum loan amount starting from $50 |
Higher interest rates, ranging from 54.51% to 240.52% |
On-time payments are reported to credit bureaus |
Low maximum loan amounts up to $500 |
Quick approval and funding process |
Requires to pay a flat fee between $15 to $20 for every $100 borrowed |
Details and Terms
- Loan Amount: Up to $500
- Processing Time: May take minutes to a few hours
- Repayment Date: The timeline is set according to the terms agreed upon during the application process
Eligibility Criteria
To qualify for the loan, you need to consider the following requirements:
- Must have a valid checking account
- Steady source of income or employment
- Reside in a state where the app operates
Application Process
- Download the App: Go to Google Play or Apple Store to download the app
- Sign Up: Provide personal information and other details to create an account
- Connect Bank Account: Go to the loan section and select the desired loan amount
- Review Loan Offer: Read out the loan terms and conditions to understand the policies
- Sign Off the Agreement: Submit your acceptance and receive your loan within one day
Other Features
Possible is a well-known cash advance app that offers a wide range of features:
Credit Building
This feature creates a positive payment history for credit bureaus, helping users build and improve their credit scores.
Payment Reminders
The app sends reminders for upcoming payments to help users stay on track and avoid late fees.
Refinancing Options
It provides a range of refinancing options for those who need additional time to repay their loans.
Credit Score Tracking
This feature allows you to monitor your credit score directly within the app and get in-depth insights related to your finances.
Instant Bank Verification
The possible app lets you quickly and securely link your bank account using instant verification methods.
10. Branch
Google Play Store Rating: 4.4/5
Branch is a leading personal finance app that offers instant loans like Dave without the hassle of physical documentation. It also offers various solutions, such as tips, wages, mileage reimbursement, and more.
Pros and Cons
Pros |
Cons |
Cash advances of up to 50% of your paycheck |
Loan benefit is only applicable to those associated with the Branch |
Get loans and advances without any credit checks |
Funds may take three days to reach |
Many features are free of charge |
Sign up process may be complex for many users |
Details and Terms
- Loan Amount: Depends on the user’s earned wages and policies
- Processing Time: Usually takes a few minutes
- Repayment Date: The advances are deducted automatically from the user’s next paycheck
Eligibility Criteria
To qualify for the Branch app’s features, users must consider the following:
- Association with the brand company
- Have a steady income from their employer
- Must meet the tenure and employment status criteria
Application Process
- Download the App: Visit the Google Play and Apple Store to download the app
- Sign Up: Open the app and sign up for a new account
- Profile Setup: Fill in your details, including personal information and employment status
- Link Your Account: Provide your bank account details for transactions
- Review and Approve: Review the policies and sign the agreement to receive the amount
Other Features
Branch is a popular cash advance platform known for its features, which are as follows:
Shift Scheduling
This feature allows employees to view and manage their work schedules within the app.
Expense Tracking
It is a great tool to track spending and manage expenses in order to better understand and control finances.
Savings Goals
This allows users to set and track saving goals to encourage better financial habits.
Overtime Requests
Branch app has the ability to submit and manage requests for overtime work directly through the app.
Team Messaging
If you’re opting for communication tools, it is a great idea for employees to stay connected with their team.
11. DailyPay
Google Play Store Rating: 4.7/5
Apple Store Rating: 4.8/5
DailyPay is an industry-leading fintech platform that aims to provide quick and hassle-free financial solutions. It offers the option to access 100% of your earned income early.
Pros and Cons
Pros |
Cons |
Get access to earned wages instantly |
Charges fee for each transaction |
No credit checks are required to earn wages |
Early amount access may be limited |
Transparent fee structure with no hidden charges |
|
Details and Terms
- Loan Amount: A portion of your earned wages, up to 100% of net earnings
- Processing Time: Immediately
- Repayment Date: Deducts automatically from the user’s next paycheck
Eligibility Criteria
If you’re looking for an instant cash advance, you must cover the following requirements:
- Be employed by a company that has partnered with DailyPay
- Have a steady and regular income
- Must meet additional eligibility criteria
Application Process
- Download the App: Get your app from the Google Play Store or Apple Store
- Sign Up: Create an account by providing personal information
- Connect Payroll: Link the app to your employer’s payroll system
- Request Advance: Select the amount of earned wages you want to access and submit your request
Other Features
Daily acquires various easy-to-use features, which are as follows:
Real-Time Earning Tracking
This feature allows users to track their earnings in real-time throughout the pay period.
Saving Features
It includes tools to help users save a portion of their earnings automatically.
Financial Planning Tools
The app contains various access resources and tools for better financial planning and management.
Instant Notifications
DailyPay has a feature that provides users with real-time alerts and notifications for transactions and balance updates.
Fee-Free Next Day
It allows users to opt for fee-free next-day transfers if immediate access is not needed.
12. FloatMe
Google Play Store Rating: 4.4/5
Apple Store Rating: 4.7/5
FloatMe is a cash advance app that allows users to borrow money before payday. With over 7 million downloads, the app helps users avoid overdraft fees and build emergency savings.
Pros and Cons
Pros |
Cons |
Instant access to small cash advances |
Not applicable for unsteady income |
Accessible to users with poor or no credit history |
A checking account with direct deposit is required |
Minimal subscription fee charge |
User must have a W-2 |
Loan Terms and Details
- Loan Amount: Ranging from $10 to $50
- Processing Time: Within minutes
- Repayment: The amount automatically deducts from the user’s linked account
Eligibility Criteria
To qualify for a cash advance, the user must follow these requirements:
- Have a positive bank account balance
- A debit card linked to an active checking account
- Earn at least $150 each pay period
Application Procedure
- Download the App: Download the app from Google Play or Apple Store
- Sign Up for the App: Fill out the personal details and pay for the monthly subscription
- Employment Verification: Provide your employment details to prove your income
- Link Your Bank Account: Get your bank account securely connected to the app
- Request for Cash Advance: Select the required loan amount and get funds within 3 business days
Other Features
The app is best for individuals who need a small amount of cash to avoid overdraft fees. Here are some of the common features it entails:
International Transaction
This feature offers a wide range of international transaction tools, such as currency exchange rates and international transaction fees.
Financial Alerts
FloatMe provides a suite of financial alerts to help users stay informed about their financial situation.
Fast Funding
The app has a streamlined application process that ensures users can quickly apply and receive funds.
Automated Savings
Users can access various tools to achieve saving goals, such as saving for a vacation, emergency funds, or large purchases.
Expense Tracking
The app categorizes and tracks all transactions, providing users with a clear overview of their spending habits.
13. FlexWage
Google Play Store Rating: 4.2/5
Apple Store Rating: 4.8/5
FlexWage is an excellent platform for employees who want instant access to earned wages. It helps eliminate financial stress and create a happier, more productive workforce.
Pros and Cons
Pros |
Cons |
No interest or hidden fees applied |
Only available to employees of companies that have partnered with FlexWage |
Saves you from complex paperwork |
Charge a transaction fee for each wage advance |
Flexibility to use funds for any purpose |
Dependency on the employer’s approval |
Loan Terms and Details
- Loan Amount: Varies depending on the employee’s earned wages
- Processing Time: Minutes to a few hours
- Repayment: Funds accessed through FlexWage are automatic and typically occur on the next payday
Eligibility Criteria
To qualify for FlexWage, you need to consider the following:
- Work for a participating employer
- Must be employed with earned wages
- Should be a U.S citizen
Application Procedure
- Download App: Go to Google Play or Apple Store to access the app
- Sign Up: Provide all the relevant details to create an account
- Employer Implementation: Account will be verified whether the employer is partnered with FlexWage
- Employee Enrollment: Enroll in the FlexWage program and link it to your employer’s payroll system
- Verification and Disbursement: System verifies the amount of earned wages and processes the request
Other Features
FlexWage is an easy-to-access cash advance platform that offers various features as follows:
FlexPay Card
This feature provides a FlexPay card and a prepaid card with funds that can be loaded and used like a debit card.
Integration with Payroll Systems
It delivers seamless integrations with employer’s existing payroll systems, ensuring accurate tracking of earned wages.
Real-Time Tracking and Notifications
This tool provides real-time tracking of wage advances and repayment schedules, allowing employees to view their available balance, pending transactions, and the status of their requests.
Expense Management Tools
FlexWage provides practical financial management tools to set up monthly budgets, track spending across various categories, and receive insights into their financial habits.
Security and Compliance
This platform integrates robust security measures to protect sensitive information, including encryption and secure data storage.
14. Chime
Google Play Store Rating: 4.7/5
Apple Store Rating: 4.8/5
Chime is a reputable financial company that caters to customers looking for an easy online banking experience. This includes a checking account, high-yield savings account, and secured credit card, all with no monthly fees and minimum security deposit requirements.
Pros and Cons
Pros |
Cons |
Access to more than 60,000 fee-free ATMs |
No physical location is present for in-person services |
Paid two days earlier with direct deposit |
Mobile check deposit is available if you get direct deposits |
Requires no credit check |
|
Loan Terms and Details
- Loan Amount: Up to $200
- Processing Time: 24 hours
- Repayment: The amount is automatically repaid with the user’s next direct deposit
Eligibility Criteria
For validity, here are the following qualifications required:
- Valid Social Security number for identity verification
- Must be a U.S. citizen
- Applicant needs to be at least 18 years old to be eligible
Application Procedure
- Download the App: Download the app from Google Play or Apple Store
- Sign Up: Create an account using personal information, including name, address and Social Security number
- Verify Identity: Applicant’s identity will be verified using the provided information
- Direct Deposit Set Up: Integrate direct deposit by providing the account details and routing numbers to the employer
- Request a Fund: Now you’re eligible to apply for a loan amount
Other Features
Chime delivers an all-inclusive digital banking experience and entails various features that are as follows:
SpotMe
This feature allows fee-free overdraft protection of up to $200 for eligible users.
Automatic Savings
It provides options to round up transactions to the nearest dollar and transfer the difference to a savings account.
No Foreign Transaction Fees
The app uses the Chime debit card abroad without incurring foreign transaction fees.
Security Features
It offers various security features such as transaction blocking, instant card deactivation, and two-factor authentication.
Real-Time Alerts
The feature allows users to receive instant transaction and daily balance notifications to stay updated.
15. Axos
Google Play Store Rating: 3.2/5
Apple Store Rating: 4.7/5
Axos is a popular digital banking platform that helps users get cash advances in a hassle-free process. Overall, the bank has a good APR range on its personal loans as well as a fast funding processing time.
Pros and Cons
Pros |
Cons |
Borrow up to $50,000 maximum |
Not the best option for low cash advance preference |
Prequalification is available that won’t impact your credit score |
Requires a 720 credit score to qualify for the loan |
No prepayment penalty applied |
Origination and late fees are applied |
Loan Terms and Details
- Loan Amount: Ranges from $5000 to $50,000
- Processing Time: 2-4 business days
- Repayment: Typically from 12 to 72 months, with fixed monthly payments
Eligibility Criteria
For validity, here are the following qualifications required:
- Valid Social Security number
- Must be a U.S. citizen
- A credit check and a good credit score are necessary
Application Procedure
- Download the App: Get started by downloading the app from the respective stores
- Sign Up: Create an account by providing the relevant information
- Verification: Axos will verify the identity from the provided information
- Choose Account: Select the type of account or loan to open/apply for
- Submission: Review and submit the application for approval
Other Features
The Axos bank includes standard features common among big bank mobile apps, which are as follows:
Financial Tools
The app includes all financial tools, including budgeting software, spending analysis, saving, investment tracking, and financial calculators.
Account Management
This feature provides real-time access to account balances, transaction history, and detailed account statements.
Mobile Check Deposit
This feature allows users to deposit checks using their smartphone camera. They take a photo of the front and back of the check, enter the amount, and submit it.
Loan Management
Users can directly view detailed information about their loans, including balance, interest rates, and payment due dates, within the app.
24/7 Support
The app includes an in-app chat feature allowing users to connect with customer support representatives anytime.
16. CASHe
Google Play Store Rating: 2.8/5
Apple Store Rating: 4.2/5
CASHe is one of the popular sites like Dave known for its quick and easy application process and competitive interest rates and fees. The eligibility and disbursal limits vary depending on the loan tenure and the borrower’s salary.
Pros and Cons
Pros |
Cons |
Quick personal loans with minimal documentation |
Interest rates are relatively high |
No collateral is needed to qualify |
Strict eligibility criteria compared to others |
CASHe provides a clear and transparent fee structure |
|
Loan Terms and Details
- Loan Amount: Ranges from $100 to $10,000
- Processing Time: Few hours to a couple of days
- Repayment: Typically varies from 15 days to 6 months
Eligibility Criteria
To get a loan through the CASHe app, users need to fulfill the following requirements:
- Must be at least 21 years old
- Valid proof of identity, address, and income
- Stable source of income or employment
Application Procedure
- Download the App: Access the app by downloading it from the app store
- Sign Up: Create an account by providing all the necessary details
- Verification: Get your account verified through KYC (Know Your Customer) documents
- Submission: Upload required documents, such as proof of identity, address, and income
- Request for a Loan: Select the desired loan amount and then submit the loan application
Other Features
CASHe app offers several key features that play an integral role in fast processing and flexibility:
EMI Calculator
The app includes an EMI (Equated Monthly Installment) calculator that allows users to estimate their monthly repayments based on the loan amount.
Credit Score Tracking
Users can monitor their credit score within the app, helping them understand their creditworthiness and track improvements.
Customer Support
This feature provides 24/7 assistance to help users with any questions or issues related to loan applications, repayments, and processing.
Security Features
It provides various security measures, including data encryption and secure login methods to protect user information.
Personalized Loan Offers
The app can provide personalized loan offers based on user profiles and credit history.
17. AfterPay
Google Play Store Rating: 4.8/5
Apple Store Rating: 4.9/5
AfterPay uses the “buy now, pay later” approach, allowing users to buy something immediately and pay it off over eight weeks. It is one of the most downloaded money lending apps, like Dave, which enables users to buy everything, from clothing and accessories to booking flights.
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Pros and Cons
Pros |
Cons |
Users can split purchases into four installments |
Charges late fees on delayed payments |
No interest charges are applied on timely payments |
Limited credit-building opportunities |
Widely accepted by a large number of online and physical retailers |
Potential for impulse buying and overspending |
Loan Terms and Details
- Purchase Limit: Ranges from $500 to $1,000
- Processing Time: Few minutes to hours
- Repayment: It divide the total purchase amount into four equal installments, due every two weeks
Eligibility Criteria
You need to fulfill the following requirements for acquiring cash advance:
- Be a resident of the country where AfterPay operates
- Have a valid debit or credit card
- Meet the basic credit check
Application Procedure
- Download the App: Go to the respective app store to download the app
- Sign Up: Create an account by adding all the necessary details
- Create a Barcode: Generate a temporary barcode showing available spending that is scanned at the register
- Make Payment: Pay for your items through the app
Other Features
Afterpay has a wide range of features that deliver the best cash management experience:
ACH Payment Processing
AfterPay covers Automated Clearing House (ACH) payment processing to facilitate secure and efficient transactions between bank accounts.
Data Security
The app employs advanced encryption and tokenization techniques to protect user information.
Electronic Payments
This feature allows users to make transactions with just a few taps on their mobile devices.
Multiple Payment Options
This feature supports multiple payment options, allowing users to pay via a linked bank account, debit card, or credit card.
Partial Payments
This approach makes it easier to manage budgets, reducing the financial burden of upfront payments.
18. Cash App
Google Play Store Rating: 4.1/5
Apple Store Rating: 4.8/5
Cash App is one of the popular payday loan apps like Dave that allows users to send and receive money instantly without any hidden fees. It makes it feasible for users to use a debit card or prepaid debit card and get discounts.
Pros and Cons
Pros |
Cons |
Instant money transfers that are convenient for users |
Instant transfers incur a fee |
Get short-term loans to cover immediate expenses |
Cash advance amounts are typically small |
Customizable debit card linked to their cash app for in-store and online purchases |
May not be available in all geographical regions |
Loan Terms and Details
- Loan Amount: Ranges from $20 to $200
- Processing Time: Few minutes
- Repayment: Repayment of the borrowed amount is due every four weeks
Eligibility Criteria
To receive the loan, here are the following requirements you need to meet:
- History of regular usage, including consistent deposits
- Living in a region where Cash App works
- Good history of account transactions
Application Procedure
- Download and Sign Up: Access the app and add all the details to create an account
- Borrow Option: Find a borrow option under the header “Banking”
- See Your Limit: Tap on the borrow option to see the maximum borrowing amount
- Choose an Amount: Select the required amount you need
- Select Repayment: The app will present repayment options that will lead you to confirmation
Other Features
Cash App is an excellent option for those who need a quick cash infusion. Here are some of the popular features it entails:
Direct Deposits
This feature allows users to set up direct deposits and receive paychecks directly into their Cash App account.
Investment Options
The app provides investment options to buy and sell stocks or bitcoin directly through the app.
Cash Boosts
The cash card provides various discounts and cash-back opportunities for selected merchants.
Banking Services
This allows services like routing and account numbers to set up direct deposits, making it a functional alternative to traditional banks.
SSL Security
Cash App integrates SSL technology that protects details like personal details and financial data.
19. Rainy Instant Pay
Google Play Store Rating: 4.7/5
Apple Store Rating: 4.8/5
Rain Instant Pay is one of the best cash advance sites like Dave that empowers the workforce to get immediate cash access before payday. The app is a great resource for covering unexpected expenses, building savings, and making spending decisions on your own terms.
Pros and Cons
Pros |
Cons |
Access a portion of the earned wages before payday. |
Limited loan amount available. |
Charges a small, flat fee per transaction. |
Repayments are automatically deducted. |
Access cash advances without undergoing a credit check. |
Restricted access in some regions. |
Loan Terms and Details
- Loan Amount: Ranges from $20 to $200.
- Processing Time: Transfer to your account instantly.
- Repayment: The amount is deducted directly from the user’s paycheck.
Eligibility Criteria
To receive the loan amount, here are the following requirements that need to be fulfilled:
- Must be employed by a company that has partnered with Rain Instant Pay
- Employment status must be verified through your employer
- Sufficient earned wages should be available for advance
Application Procedure
- Download and Install: Get the app through Google Play or Apple Store
- Create an Account: Sign up and create an account by providing all the necessary information
- Verify Employment: Verify the employment status through the employer
- Request Advance: Select the cash advance request up to the available limit
- Receive Funds: Funds will be transferred to your linked bank account
Other Features
Looking for new apps like Dave? Rain Instant Pay offers a wide range of features to deliver a seamless loan-receiving experience:
Notifications and Alerts
This feature provides timely notifications and alerts regarding account activity, including balances, upcoming repayments, and transaction confirmations.
Payroll Integration
The app has seamless employer payroll systems that ensure accurate earned-wage tracking.
Expense Tracking
This tool helps users to track their expenses and monitor their spending habits. These insights are best for making informed decisions.
Direct Deposit
It helps transfer amounts directly into their Rain Instant Pay account, which is faster than traditional banking methods.
Customer Support
The app provides 24/7 robust customer support to assist users with any questions or issues they may encounter.
20. CLEO
Google Play Store Rating: 4.4/5
Cleo is a widely popular platform similar to Dave app that efficiently assists you in managing your finances right from your smartphone. It is currently the fastest-growing app on the Google Play store, with over 3.1 million users.
Pros and Cons
Pros |
Cons |
Uses AI for personalized financial advice |
Cleo’s premium features require a subscription fee |
Loan amount doesn’t require a credit check |
Loan amount may be lower compared to others |
No hidden charges are present |
Cleo doesn’t offer physical banking services |
Loan Terms and Details
- Loan Amount: Ranges from $20 to $250 and $20 to $100 for first-time users
- Processing Time: Funds are disbursed within a few hours
- Repayment: The dates are set for the user’s next payday or agreed-upon date within a month
Eligibility Criteria
To receive the loan amount, here are the following requirements that need to be fulfilled:
- Valid bank account with consistent income deposits
- Must be at least 18 years old
- Proof of a steady income, such as a job or a regular source of income
Application Procedure
- Download and Install: Access the Cleo app from the Google Play store
- Sign Up: Create an account by adding all the personal details and verify your identity
- Link Bank Account: Connect your bank account to the app for spending analysis and to access the cash advance feature
- Use the Chatbot: Collaborate with Cleo’s AI chatbot to set up your profile, budgets, and savings
- Request for Cash Advance: If needed, request a cash advance through the chatbot, which will analyze your spending habits to determine eligibility
Other Features
If you’re looking for expert AI assistance, Cleo is a great platform to receive the best services. Here are the following features below:
Spending Insights
This feature provides detailed insights into spending habits to help users understand where their money goes.
Bill Reminders
It reminds users of upcoming bills and due dates to avoid late fees and missed payments.
Cleo Game
This engaging feature is designed to make financial management fun, offering interactive challenges and rewards for achieving financial goals.
Credit Builder Card
This is a valuable tool for users looking to improve their credit scores. The card does not require a credit check, making it easier for those with poor credit histories.
Personalized AI Chatbot
This feature makes Cleo stand out. It offers real-time financial insights, budgeting assistance, and saving advice. If you’re navigating through AI chatbots, you can watch out for the amazing AI features present in the dating apps in Dallas.
How to Find the Right Apps Like Dave?
When finding the most aligned instant cash advance apps like Dave, you need to evaluate various factors, which are as follows:
- Eligibility Criteria
- Fee Plans
- Interest Rates
- Borrowing Limits
- Credit-Building Options
Furthermore, you can also watch out for features and benefits of money loan apps like Dave entails, including:
- Financial Literacy Tools
- Overdraft Protection
- Credit Options
- Rewards
How to Quickly Pay Off a Cash Advance and Break the Loan Repayment Cycle?
Repayment can sometimes be really challenging, and budgeting for the next day for your loan and bills can be difficult. Here, we’ve gathered some tips for breaking the loan and repayment cycle:
Use Budgeting and Spending Tools
Many applications like Dave provide budgeting and saving features that can enhance your financial situation. Using these resources is an effective initial move toward improving budgeting skills. They offer a glimpse into your spending patterns, aid in establishing financial objectives, and provide automated saving tools to simplify money management.
Earn Side Income
Rather than relying on borrowing money, you can use money borrowing apps like Dave to earn extra income. There are several ways to generate extra money, like freelancing, working part-time, or trying out gig economy jobs.
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Keep Repayment Reminders
It is essential to be responsible in managing your loans. Schedule alerts for your payment deadlines to ensure you are ready and capable of making payments promptly. Staying organized with due dates can make managing your finances more manageable, helping you avoid late fees and extra interest charges.
Which One is Better: Cash Advance Apps Similar to Dave or Payday Loans?
Cash advance apps like Dave and payday loans are quite similar in terms of financial services. Instant cash advance apps and payday loans provide short-term loans, usually paid back with the borrower’s next paycheck. They are created to offer quick monetary assistance for minor, urgent costs.
However, the cash advance app has lower costs compared to payday loans. Even though certain applications may require monthly subscription fees or charges for quick transfers, these expenses are typically significantly lower compared to the steep interest rates and fees linked to payday loans.
If you find yourself in a tight spot and require only a small loan, using a cash advance app like Dave is the preferable option. However, there might be a charge for immediate access to funds, and certain applications require a monthly fee.
On the other hand, if your cash advance application only allows for a $500 loan but requires more than that, you may have to consider turning to payday loans like Dave instead. However, you need to be ready for costly charges.
Partner with Us for Developing Apps Like Dave
Dave app is not the only solution for financial emergencies. These lists of other loan apps like Dave can help you tackle financial issues easily. Every app has its own set of strengths and special attributes, but not all may be a perfect fit for your individual requirements. Hence, it is crucial to gain a better understanding of these applications and select the one that aligns with your needs.
If you’re considering developing apps like Dave, having the right team and app development experts is crucial. Trango Tech is an app development company with locations in the USA and many other parts of the world. They can assist you throughout the development process, offering the expertise of top mobile app developers.
Apps Like Dave FAQs
Q1. Are cash advance apps like Dave are safe?
The safety of using sites like Dave can vary depending on the specific app and its operating practices. Here are the following factors that influence the security:
- The apps use SSL encryption to protect user’s personal and financial information during the transmission
- Trusted apps comply with data protection regulations and use robust security measures to safeguard stored data
- These types of apps use multi-factor authentication to add an extra layer of security
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If you’re skeptical about the security guidelines of the best apps like Dave, here are some of the things to keep in mind:
- Look for apps developed by well-known companies with positive reviews and ratings from users
- Check out the reviews on the app stores to gauge the experience of other users
- Be wary of the apps that do not clearly disclose their fee structure
- Regularly monitor your bank account and the app for any unauthorized transactions or suspicious activity
Q2. Are there any other cash advance apps like Dave?
Yes, there are several other apps like Dave that offer small, short-term loans to help you cover expenses until your next paycheck. Here are some of the popular alternatives to Dave apart from the ones mentioned above:
- PayActiv
- Even
- Albert
- Pocketly
- Big Buck Loans
- Heart Paydays
- Loan Solo
- Ingo
- PockBox
When choosing a cash advance app, consider features that align with your requirements, such as a loan amount limit, associated fees, and additional financial tools.
Q3. Which cash advance app instantly gives users $100?
You can find many cash advance apps that let you borrow $100 or more, including EarnIn, Brigit, Dave, and MoneyLion. To access cash for free, you can use these mentioned apps, but you have to wait one to three business days to receive it.
To access $100 instantly, you can use credit card cash advances or payday apps like Dave for loans, which can be a bit pricey. Credit cards charge a fee and higher APR for cash advances. Payday loans entail exorbitant rates and fees, which makes them non-preferable.
Q4. How to get a $200 loan instantly?
People can find various new cash advance apps 2024 to get quick funding for a small loan. However, you need to evaluate interest rates, loan terms, and fees before moving forward. Some lenders do provide small loans under $1,000 despite the fact that many do not offer such loans. This includes credit unions, online lenders, loan apps, and payday lenders.
The best cash advance apps 2024 that offer $200 loans instantly are:
- Empower
- Affirm
- Possible Finance
Q5. How do cash advance apps work?
A cash advance is a form of money lending provided by the respective financial app. When you request a loan, you are taking it from the available balance on your credit card. You have to pay back the loan, and the transfer amount cannot exceed the current balance on your credit card.
The money you move or take out as a cash advance will be shown on your credit card bill, and interest will accumulate immediately. Cash advances usually have a greater APR than standard purchases, and you might have to pay a fee for taking them out.
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