15 Best Apps Like Dave for Reliable Cash Advances

Are you on the lookout for apps like Dave that can provide you a fast money increase? You’ve landed in the precise place!

Going past money-making apps, there are companies that provide help to get money shortly with out working or answering surveys. 

These nifty apps like Dave include a variety of options designed that will help you, from permitting you to entry your paycheck earlier than payday to offering no-fee overdraft safety.

It’s all about providing you with versatile monetary choices that match proper into your life with out including any further stress or complexity.

Key Takeaways

• Money advance apps like Dave provide monetary flexibility, offering options like paycheck advances, no-fee overdraft protections, and monetary administration instruments.
• Every app has distinctive choices corresponding to early paycheck entry, no membership charge, no credit score checks, the flexibility to construct credit score, and numerous charges or ideas related to cash borrowed.
• Use Chime to develop a robust financial savings account or get a money advance once you want it!
• Whereas handy, money advance apps must be used responsibly, contemplating elements like eligibility, reimbursement phrases, potential month-to-month charges, and privateness/safety measures.

Dave App Recap

The Dave App may help you with as much as $500 in money advances to people dealing with irregular revenue streams.

In contrast to conventional payday loans, Dave stands out by offering advances with out burdensome rates of interest, credit score checks, or late charges. Thus, it is a perfect selection for short-term monetary reduction.

For a minimal membership charge of $1 month-to-month charge, customers acquire entry to the ExtraCash function, permitting for fast monetary help to cowl necessities like hire, payments, or groceries.

Moreover, for individuals who want the cash now, Dave presents an categorical funding option- starting from $3 to $25- funds will be acquired in as little as an hour.

So, with that in thoughts, let’s evaluate different money advance apps to Dave!

Apps Like Dave

1. Chime

• Advance Quantity – $20 to $200
• Credit score Verify: No
• Processing Time – Similar day
• Reimbursement Date – Subsequent direct deposit or switch of funds

Chime is a monetary know-how firm that provides FDIC-insured banking providers on-line with out conventional financial institution branches.

It companions with Bancorp Financial institution and Stride Financial institution and costs no month-to-month upkeep charges, minimal steadiness charges, or overseas transaction charges.

Chime has a function the place its customers can rise up to $200 on debit transactions with out overdraft charges by way of its SpotMe program, which acts extra like a line of credit score than a money advance.

The boundaries begin at $20 and may enhance to $200 based mostly in your account historical past.

In the event you spend over your checking account steadiness, Chime covers it with SpotMe, deducting the quantity out of your subsequent deposit to seamlessly handle repayments.

See why Chime is nice as a high-yield financial savings account and extra in my Chime Evaluate.

Necessities for a Chime SpotMe Account:

• Join your checking account to Chime
• A qualifying direct deposit of at the very least $200 within the final 34 days
• Customers will need to have an activated Chime Visa Debit Card

2. Albert

• Advance Quantity – As much as $250
• Credit score Verify: No
• Processing Time – 2 to three days
• Reimbursement Date – Subsequent payday

One other one of many well-liked apps like Dave is Albert.

Albert is a monetary know-how firm that provides banking providers by way of its partnership with Sutton Financial institution, which is an FDIC-insured monetary establishment.

Although Albert primarily presents banking and monetary providers, it does provide small money advances as much as $250. This interest-free advance may help cowl bills till the following paycheck arrives.

What I like about Albert is that you may rise up to a few money advances per pay interval, so long as they don’t exceed $250.

Take a look at my full Albert App Evaluate to be taught extra about its different useful cash administration options.

Necessities for an Albert Money Advance:

• Constant revenue for the two months from the identical employer
• An lively checking account with a optimistic steadiness and direct deposit for two months
• Join the lively checking account to Albert

3. Money App

• Advance Quantity – As much as $200
• Credit score Verify – No
• Processing Time – As soon as permitted – immediately
• Reimbursement Date – Set due dates per thirty days

Money App Borrow is analogous in idea however solely as extensively accessible to some customers as Dave’s money advance app.

Money App Borrow permits eligible customers to borrow cash (the quantity can differ, with a possible most of as much as $200) immediately from Money App.

There’s a flat charge for borrowing, which is disclosed upfront, making it simple to grasp the price of the mortgage. Then, you pay it again as you’d bank card debt.

See what else you are able to do with the app with my trustworthy Money App Evaluate.

Necessities for Money App Borrow:

• Lively Money App account
• Common deposits into the Money App account
• Historical past of receiving revenue by way of Money App

4. Brigit

• Advance Quantity – As much as $250 
• Credit score Verify – No
• Processing Time – 1 to three days; Pay for fast entry
• Reimbursement Date – Subsequent payday

Brigit is an app that provides money advances with no credit score test or late charges, deep insights into spending habits, and budgeting instruments that will help you hold monitor of payments earlier than they arrive.

In the event you’re trying to increase your credit score historical past, Brigit presents secured private loans.

There’s extra! Brigit’s money advance function is barely a part of what they provide. They provide a free plan with instruments that will help you monitor your spending.

However in order for you higher options and assist managing cash, it’s best to get the Plus membership, which has a low month-to-month subscription charge of $9.99.

You’ll get Prompt Money, keep away from annoying charges with fee-free overdrafts, and work on constructing your credit score.

Necessities for Brigit:

• Lively, positive-balance checking account
• Constant direct deposits
• Monetary stability for reimbursement
• $9.99 month-to-month charge

5. Earnin

• Advance Quantity – As much as $100 a day; Max $750 per pay interval
• Verify Credit score – No
• Processing Time – 1 to three days; Minutes with Lightning Velocity function
• Reimbursement date – Subsequent direct deposit 

The Earnin app is a monetary service software designed to assist individuals get an advance on their paycheck earlier than payday arrives.

App customers might want the advance to keep away from an overdraft charge and late cost or deal with sudden bills with out having to resort to high-interest loans.

The Earnin app has a function known as Lightning Velocity. With Lightning Velocity, customers can obtain their money outs inside minutes.

One factor, though- utilizing the Lightning Velocity function might incur charges, and it would solely be accessible to some neighborhood members.​

Necessities for an Earnin account:

• Employment verification (by way of work location monitoring or timekeeping techniques)
• A related checking account
• Common paycheck deposits into this account

6. Klover

• Advance Quantity – As much as $200
• Verify Credit score – No
• Processing Time – 1 to three days; Inside 24 hours for a charge
• Reimbursement Date – Robotically deducted subsequent payday

Klover is one other dependable money advance app that offers you small money advances in your paycheck earlier than the official payday.

And it doesn’t cease at providing you with early entry to your earnings.

Klover has some nice instruments that will help you get your funds in form and provide the lowdown on the place your money goes.

What makes Klover stand out is its tackle fees- there aren’t any late charges or curiosity that it’s important to pay.

As an alternative, they’re all about letting you select to depart a tip if you wish to.

Necessities for a Klover account:

• A gradual paycheck with direct deposit
• A checking account related to the app
• Constant pay schedule (weekly, bi-weekly, semi-monthly, or month-to-month)
• Smartphone to obtain and use the Klover app

7. MoneyLion

• Advance Quantity – As much as $500
• Verify Credit score – No
• Processing Time – A number of days; Immediately for a charge
• Reimbursement Date – Subsequent payday

MoneyLion is a cellular banking and monetary app that offers customers entry to all kinds of monetary providers multi functional place.

It has a money advance function the place you possibly can entry a portion of your earned wages earlier than payday. It provides individuals a security internet for these sudden bills or after they’re a bit quick on money.

MoneyLion additionally presents credit score builder loans particularly designed that will help you construct or enhance your credit score rating. They sometimes don’t cost curiosity, however instantaneous money might incur charges.

These loans work by lending you a small quantity that’s locked in a financial savings account till the mortgage is paid off.

As you make common funds, these are reported to the credit score bureaus, serving to to construct your credit score historical past positively.

Necessities for a MoneyLion Money Advance:

• Lively MoneyLion Checking Account
• Direct deposit of a paycheck or common revenue
• Constant revenue with common deposits
• Historical past of deposits to confirm revenue
• MoneyLion App put in

8. Even – Now One@Work

• Advance Quantity – 50% of paycheck
• Verify Credit score – No
• Processing Time – Prompt pickup at Walmart Cash Heart or 1-day switch to a checking account
• Reimbursement Date – Subsequent payday

Even has now grow to be the One@Work app. That’s proper! Even and One have teamed as much as grow to be the One@Work app!

What does that imply for you? It means extra alternatives to spice up your monetary recreation and reside your finest life.

Just like the Even app, ONE@Work is an employer-sponsored app. Which means your employer must be on board with it.

You’ll wish to double-check along with your supervisor earlier than you join and obtain the app to your cellphone.

Necessities for a One@Work Money Advance:

• Enroll by way of your employer.
• Lively checking account for wage deposits.
• Authorities-issued ID for proof of id.

9. Varo

• Advance Quantity – As much as $250 initially; As much as $500 as you borrow extra
• Verify Credit score – No
• Processing Time – 10 minutes, however might take longer
• Reimbursement Date – 30 days from Money Advance date

Varo is an all-in-one banking app that offers small money advances that will help you till your subsequent paycheck.

Varo checks your account to make sure regular paychecks. If all the things checks out, you may get an advance in your pay, which is de facto helpful for sudden bills.

Varo doesn’t cost month-to-month charges to make use of this service, however there’s a small charge that begins on the first $20 you borrow. The charge goes as much as $20 in case you borrow $250 and $40 in case you borrow $500.

Necessities for a Varo Account:

• A Varo checking account that’s lively and in good standing.
• Common direct deposits whole at the very least $800 a month into your Varo account, exhibiting a gradual revenue.
• Verification of your id, normally by way of government-issued ID.

10. DailyPay

• Advance Quantity – As much as 100% of paycheck
• Verify Credit score – No
• Processing Time – Immediately or subsequent enterprise day
• Reimbursement Interval – None

DailyPay works along with your employer to present workers early entry to their pay. It’s not a money advance like the opposite apps like Dave.

It really works along with your job’s payroll, so in case you have already labored a number of days and wish money now, you need to use DailyPay to get the cash you earned early within the pay interval.

After you join DailyPay, they deal with the deposit of your paycheck into your account to your employer.

In the event you take an advance, the quantity that shall be deposited on payday shall be what’s the quantity leftover in your paycheck after the advance.

Necessities for a DailyPay:

• Employer Participation
• Employment Verification
• Direct Deposit
• DailyPay Account

11. Axos

• Advance – Total paycheck
• Verify Credit score – No
• Processing Time – As much as 2 days early entry to payroll
• Reimbursement Interval – None

Axos Financial institution is a digital financial institution that provides a variety of monetary providers with out having a standard bodily financial institution department community.

Axos is completely different from Dave or many apps like Dave that provide money advances. It brings a twist to the money advance situation.

As an alternative of offering direct money advance loans, Axos presents early entry to your entire paycheck by way of Direct Deposit Categorical.

As soon as Axos is notified that your employer has despatched you a payroll direct deposit for a sure day, they are going to entrance you the cash early. This implies you might be paid as much as two days early.

Necessities for Axos:

• Axos Financial institution Account
• Direct Deposit Setup
• Employer or Payer Participation

12. Revolut

• Advance Quantities – Entire Paycheck
• Verify Credit score – No
• Processing Time – Entry paycheck as much as 2 days early
• Reimbursement Interval – None

Revolut is a digital banking app that provides a big selection of monetary providers immediately out of your cellphone.

The “Early Wage” function from Revolut is a game-changer for a lot of. It presents a much-needed increase in the case of managing private funds.

The comfort of getting your wage deposited immediately into your Revolut account after which being able to entry these funds as much as two days early could make a giant distinction.

Necessities for Revolut:

• Direct Deposit Setup
• Employment Verification
• Common Earnings
• Revolut Account in good standing

13. Payactiv

• Advance Amt – As much as 1/2 paycheck
• Verify Credit score – No
• Processing Time – as much as 2 days; Prompt for charge
• Reimbursement Interval – Subsequent payday

The PayActiv app is a monetary wellness platform designed to assist workers entry their earned wages earlier than payday.

The catch? Your office must be on board with it because it’s one thing your employer must arrange.

With Payactiv, the app retains an eye fixed on the hours you’ve labored and figures out how a lot of your paycheck you possibly can pull out forward of time of your pay interval processing time.

You possibly can both set it to switch cash robotically or do it once you want it.

On payday, Payactiv merely deducts the quantity it has superior out of your paycheck and pays you the remaining.

Necessities for a Payactiv:

• Employer participation
• Earned wages

14. Present Overdrive

• Quantity – $25 to $200
• Verify Credit score – No
• Processing Time – Instantly
• Reimbursement Date – Inside 60 days

Present Overdrive is a function supplied by the Present banking platform designed to assist customers handle their funds extra flexibly.

Present’s Overdrive function is a superb instance of contemporary overdraft safety.

You probably have a Present account and meet sure necessities, you possibly can spend barely past your account steadiness with out dealing with the same old penalties and month-to-month charges.

This generally is a lifesaver when your funds is stretched skinny, and you’ll want to make a obligatory buy.

Necessities for Present Overdrive:

• Lively present account
• Qualifying Direct Deposits
• Account Exercise

15. Attainable

• Quantity – As much as $500
• Verify Credit score – No
• Processing Time – 1 to 2 enterprise days
• Reimbursement Interval – Varies

Attainable Finance presents a kind of payday mortgage (credit score builder mortgage) designed to be extra accessible and fewer burdensome than conventional payday loans.

In the event you’re looking for greater than only a money advance, Attainable presents a possible different with a credit score builder mortgage.

Their strategy is centered round offering small, short-term credit score builder loans with a reimbursement construction to assist debtors keep away from the debt entice from common payday loans.

Plus, and right here’s a cool half: making your funds on time can truly assist increase your credit score rating as a result of they report back to the three main credit score bureaus.

Necessities for Attainable:

• Should be at the very least 18 years previous
• Have an exterior checking account in your title
• Have an everyday revenue
• It isn’t accessible in each state

FAQs

What does the Dave app do?

The Dave app is designed as a monetary lifeline for these moments once you’re tight on cash and wish a little bit of assist to get by way of till your subsequent paycheck.

Its main options give attention to budgeting help, overdraft safety, and providing small money advances to keep away from a financial institution overdraft charge.

The app costs a month-to-month membership charge and non-obligatory fast-funding charges for faster entry to borrowed funds.

The app additionally companions with LevelCredit to report your hire funds to credit score bureaus, doubtlessly bettering your credit score scores.

What apps are like Dave?

A number of different apps provide providers just like Dave.

They give attention to money advances, budgeting help, and monetary planning to assist customers handle their funds higher and keep away from overdraft charges from their checking account.

Listed here are a number of notable apps like Dave:

Can I get $100 immediately from these apps?

Sure, you possibly can doubtlessly get $100 immediately from a few of these private finance apps.

Many allow you to borrow or get paycheck advances with out credit score checks, however the availability of instantaneous funds and the situations below which they’re offered differ from app to app.

Are apps a secure solution to borrow cash?

Utilizing most money advance apps to borrow cash generally is a secure and handy choice, offered you’re utilizing respected and safe providers.

These apps have grown in recognition as alternate options to conventional lending and banking providers. 

They provide fast entry to funds, budgeting instruments, and even methods to keep away from checking account overdraft charges.

Respected apps use sturdy encryption and safety protocols to guard your private and monetary info.

Ultimate Ideas

Money advance apps like Dave generally is a lifesaver once you’re ready to your subsequent pay interval and wish a bit assist to get by.

You possibly can receives a commission early or get a money advance with no credit score test, however these apps go even additional.

They don’t simply provide you with a money increase; additionally they have some fairly useful instruments that will help you hold monitor of your cash higher with a money advance quantity.

Only a heads up, though- whereas these apps are nice for finding out a good spot with financial institution accounts right here and there, they’re not the repair for ongoing cash woes.

Money advance apps are extra like a fast band-aid for these instances you’re in a pinch and want cash quick.

So, use them correctly as a great way to keep away from dangerous loans and large rates of interest.