15 Best Apps Like Dave for Reliable Cash Advances

Are you in search of apps like Dave that can provide you a fast money increase? You’ve landed in the proper place!

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

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

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

Key Takeaways

• Money advance apps like Dave supply 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 power to construct credit score, and numerous charges or suggestions related to cash borrowed.
• Use Chime to develop a powerful financial savings account or get a money advance if you want it!
• Whereas handy, money advance apps needs to be used responsibly, contemplating components like eligibility, compensation phrases, potential month-to-month charges, and privateness/safety measures.

Dave App Recap

The Dave App can assist you with as much as $500 in money advances to people going through irregular earnings streams.

Not like 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 aid.

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

Moreover, for individuals who want the cash now, Dave provides an specific funding option- starting from $3 to $25- funds will be obtained 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 Examine: No
• Processing Time – Identical day
• Reimbursement Date – Subsequent direct deposit or switch of funds

Chime is a monetary expertise firm that gives FDIC-insured banking companies 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 means of its SpotMe program, which acts extra like a line of credit score than a money advance.

The bounds begin at $20 and might improve to $200 primarily based 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 Assessment.

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 should have an activated Chime Visa Debit Card

2. Albert

• Advance Quantity – As much as $250
• Credit score Examine: 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 expertise firm that gives banking companies by means of its partnership with Sutton Financial institution, which is an FDIC-insured monetary establishment.

Regardless that Albert primarily provides banking and monetary companies, it does supply small money advances as much as $250. This interest-free advance can assist cowl bills till the subsequent paycheck arrives.

What I like about Albert is which you can 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 Assessment to study extra about its different useful cash administration options.

Necessities for an Albert Money Advance:

• Constant earnings for the two months from the identical employer
• An energetic checking account with a constructive steadiness and direct deposit for two months
• Join the energetic checking account to Albert

3. Money App

• Advance Quantity – As much as $200
• Credit score Examine – No
• Processing Time – As soon as accepted – immediately
• Reimbursement Date – Set due dates monthly

Money App Borrow is analogous in idea however solely as extensively out there 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) straight 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’ll bank card debt.

See what else you are able to do with the app with my sincere Money App Assessment.

Necessities for Money App Borrow:

• Energetic Money App account
• Common deposits into the Money App account
• Historical past of receiving earnings by means of Money App

4. Brigit

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

Brigit is an app that gives money advances with no credit score verify or late charges, deep insights into spending habits, and budgeting instruments that can assist you hold observe of payments earlier than they arrive.

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

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

However if you’d like higher options and assist managing cash, you must 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:

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

5. Earnin

• Advance Quantity – As much as $100 a day; Max $750 per pay interval
• Examine Credit score – No
• Processing Time – 1 to three days; Minutes with Lightning Pace 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 surprising bills with out having to resort to high-interest loans.

The Earnin app has a function referred to as Lightning Pace. With Lightning Pace, customers can obtain their money outs inside minutes.

One factor, though- utilizing the Lightning Pace function could incur charges, and it would solely be out there to some group members.​

Necessities for an Earnin account:

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

6. Klover

• Advance Quantity – As much as $200
• Examine Credit score – No
• Processing Time – 1 to three days; Inside 24 hours for a charge
• Reimbursement Date – Routinely 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 supplying you with early entry to your earnings.

Klover has some nice instruments that can assist you get your price range 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 a must to pay.

As a substitute, they’re all about letting you select to go away a tip if you wish to.

Necessities for a Klover account:

• A gentle paycheck with direct deposit
• A checking account linked 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
• Examine 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 companies 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 offers individuals a security web for these surprising bills or after they’re a bit quick on money.

MoneyLion additionally provides credit score builder loans particularly designed that can assist you construct or enhance your credit score rating. They usually don’t cost curiosity, however instantaneous money could 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:

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

8. Even – Now One@Work

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

Even has now change into the One@Work app. That’s proper! Even and One have teamed as much as change into the One@Work app!

What does that imply for you? It means extra alternatives to spice up your monetary sport and reside your greatest 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 together with your supervisor earlier than you enroll and obtain the app to your telephone.

Necessities for a One@Work Money Advance:

• Enroll by means of your employer.
• Energetic 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
• Examine Credit score – No
• Processing Time – 10 minutes, however could take longer
• Reimbursement Date – 30 days from Money Advance date

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

Varo checks your account to make sure regular paychecks. If the whole lot checks out, you may get an advance in your pay, which is admittedly 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 if you happen to borrow $250 and $40 if you happen to borrow $500.

Necessities for a Varo Account:

• A Varo checking account that’s energetic and in good standing.
• Common direct deposits whole at the very least $800 a month into your Varo account, displaying a gradual earnings.
• Verification of your id, often by means of government-issued ID.

10. DailyPay

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

DailyPay works together with your employer to present workers early entry to their pay. It isn’t a money advance like the opposite apps like Dave.

It really works together with your job’s payroll, so when you have already labored a couple of days and wish money now, you should 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 in your employer.

In the event you take an advance, the quantity that will likely be deposited on payday will likely 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 – Complete paycheck
• Examine 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 gives a variety of monetary companies with out having a standard bodily financial institution department community.

Axos is completely different from Dave or many apps like Dave that supply money advances. It brings a twist to the money advance state of affairs.

As a substitute of offering direct money advance loans, Axos provides early entry to all your paycheck by means 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 may 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 – Complete Paycheck
• Examine Credit score – No
• Processing Time – Entry paycheck as much as 2 days early
• Reimbursement Interval – None

Revolut is a digital banking app that gives a big selection of monetary companies straight out of your telephone.

The “Early Wage” function from Revolut is a game-changer for a lot of. It provides a much-needed increase with regards to managing private funds.

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

Necessities for Revolut:

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

13. Payactiv

• Advance Amt – As much as 1/2 paycheck
• Examine 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 a watch 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 may both set it to switch cash mechanically or do it if you want it.

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

Necessities for a Payactiv:

• Employer participation
• Earned wages

14. Present Overdrive

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

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

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

When you’ve got a Present account and meet sure necessities, you possibly can spend barely past your account steadiness with out going through the same old penalties and month-to-month charges.

This generally is a lifesaver when your price range is stretched skinny, and it’s good to make a essential buy.

Necessities for Present Overdrive:

• Energetic present account
• Qualifying Direct Deposits
• Account Exercise

15. Doable

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

Doable Finance provides a sort of payday mortgage (credit score builder mortgage) designed to be extra accessible and fewer burdensome than conventional payday loans.

In the event you’re searching for greater than only a money advance, Doable presents a possible various with a credit score builder mortgage.

Their method is centered round offering small, short-term credit score builder loans with a compensation 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 Doable:

• Should be at the very least 18 years previous
• Have an exterior checking account in your identify
• Have a daily earnings
• It isn’t out there in each state

FAQs

What does the Dave app do?

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

Its major options concentrate on 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-compulsory fast-funding charges for faster entry to borrowed funds.

The app additionally companions with LevelCredit to report your lease funds to credit score bureaus, probably enhancing your credit score scores.

What apps are like Dave?

A number of different apps supply companies just like Dave.

They concentrate on 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 couple of notable apps like Dave:

Can I get $100 immediately from these apps?

Sure, you possibly can probably 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 circumstances below which they’re offered differ from app to app.

Are apps a protected solution to borrow cash?

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

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

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 data.

Remaining Ideas

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

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

They don’t simply offer you a money increase; additionally they have some fairly useful instruments that can assist you hold observe of your cash higher with a money advance quantity.

Only a heads up, though- whereas these apps are nice for checking out a decent 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 properly as a great way to keep away from unhealthy loans and big rates of interest.