15 Best Apps Like Dave for Reliable Cash Advances

Are you searching for apps like Dave that can provide you a fast money enhance? You’ve landed in the appropriate 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 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 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 akin to early paycheck entry, no membership price, no credit score checks, the power to construct credit score, and numerous charges or ideas related to cash borrowed.
• Use Chime to develop a powerful financial savings account or get a money advance whenever you want it!
• Whereas handy, money advance apps needs to be used responsibly, contemplating elements like eligibility, reimbursement phrases, potential month-to-month charges, and privateness/safety measures.

Dave App Recap

The Dave App might help you with as much as $500 in money advances to people dealing with irregular earnings 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 aid.

For a minimal membership price of $1 month-to-month price, customers acquire entry to the ExtraCash characteristic, permitting for instant monetary help to cowl necessities like lease, payments, or groceries.

Moreover, for many who want the cash now, Dave presents an specific 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 Examine: No
• Processing Time – Identical day
• Compensation Date – Subsequent direct deposit or switch of funds

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

It companions with Bancorp Financial institution and Stride Financial institution and prices no month-to-month upkeep charges, minimal stability charges, or international transaction charges.

Chime has a characteristic 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 primarily based in your account historical past.

If you happen to spend over your checking account stability, 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 Evaluation.

Necessities for a Chime SpotMe Account:

• Join your checking account to Chime
• A qualifying direct deposit of at the 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 Examine: No
• Processing Time – 2 to three days
• Compensation Date – Subsequent payday

One other one of many fashionable apps like Dave is Albert.

Albert is a monetary know-how firm that gives 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 might help cowl bills till the subsequent paycheck arrives.

What I like about Albert is which you can rise up to 3 money advances per pay interval, so long as they don’t exceed $250.

Try my full Albert App Evaluation to be taught 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 lively checking account with a constructive stability and direct deposit for two months
• Join the lively checking account to Albert

3. Money App

• Advance Quantity – As much as $200
• Credit score Examine – No
• Processing Time – As soon as accepted – immediately
• Compensation Date – Set due dates per thirty days

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 fluctuate, with a possible most of as much as $200) immediately from Money App.

There’s a flat price for borrowing, which is disclosed upfront, making it simple to know 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 sincere Money App Evaluation.

Necessities for Money App Borrow:

• Lively Money App account
• Common deposits into the Money App account
• Historical past of receiving earnings by way 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
• Compensation Date – Subsequent payday

Brigit is an app that gives money advances and not using a credit score verify or late charges, deep insights into spending habits, and budgeting instruments that can assist you maintain monitor of payments earlier than they arrive.

If you happen to’re trying to enhance your credit score historical past, Brigit presents secured private loans.

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

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

You’ll get Immediate 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 price

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 Velocity characteristic
• Compensation date – Subsequent direct deposit 

The Earnin app is a monetary service device 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 price and late cost or deal with surprising bills with out having to resort to high-interest loans.

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

One factor, though- utilizing the Lightning Velocity characteristic might incur charges, and it’d solely be out there to some neighborhood members.​

Necessities for an Earnin account:

• Employment verification (by way 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 price
• Compensation Date – Mechanically 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 can assist 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 a must to pay.

As a substitute, 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 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 price
• Compensation Date – Subsequent payday

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

It has a money advance characteristic the place you’ll be able to entry a portion of your earned wages earlier than payday. It provides individuals a security internet for these surprising bills or after they’re a bit quick on money.

MoneyLion additionally presents 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 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 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 – Immediate pickup at Walmart Cash Middle or 1-day switch to a checking account
• Compensation 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 recreation and stay your greatest life.

Just like the Even app, ONE@Work is an employer-sponsored app. Meaning your employer needs to 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 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 identification.

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 might take longer
• Compensation 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 all the things 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 price that begins on the first $20 you borrow. The price goes as much as $20 when you borrow $250 and $40 when 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 least $800 a month into your Varo account, exhibiting a gentle earnings.
• Verification of your identification, often by way 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
• Compensation Interval – None

DailyPay works together with your employer to provide staff early entry to their pay. It’s not a money advance like the opposite apps like Dave.

It really works together with your job’s payroll, so you probably have already labored a number of days and wish money now, you should utilize 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 on your employer.

If you happen to 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
• Compensation Interval – None

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

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

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

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

The “Early Wage” characteristic from Revolut is a game-changer for a lot of. It presents a much-needed enhance relating to 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 an enormous 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
• Examine Credit score – No
• Processing Time – as much as 2 days; Immediate for price
• Compensation Interval – Subsequent payday

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

The catch? Your office needs to 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’ll be able to pull out forward of time of your pay interval processing time.

You’ll be able to both set it to switch cash mechanically or do it whenever 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
• Examine Credit score – No
• Processing Time – Instantly
• Compensation Date – Inside 60 days

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

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

If in case you have a Present account and meet sure necessities, you’ll be able to spend barely past your account stability with out dealing with the same old penalties and month-to-month charges.

This could be a lifesaver when your funds is stretched skinny, and it is advisable to make a mandatory buy.

Necessities for Present Overdrive:

• Lively present account
• Qualifying Direct Deposits
• Account Exercise

15. Potential

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

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

If you happen to’re searching for greater than only a money advance, Potential presents a possible various 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 lure from common payday loans.

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

Necessities for Potential:

• Have to be at the 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 whenever you’re tight on cash and wish a little bit of assist to get by way of till your subsequent paycheck.

Its major options deal with budgeting help, overdraft safety, and providing small money advances to keep away from a financial institution overdraft price.

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

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

What apps are like Dave?

A number of different apps provide providers just like Dave.

They deal with 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’ll be able to 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 circumstances below which they’re offered fluctuate from app to app.

Are apps a secure method to borrow cash?

Utilizing most money advance apps to borrow cash could be a secure and handy possibility, 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.

Last Ideas

Money advance apps like Dave could be a lifesaver whenever you’re ready on your subsequent pay interval and wish somewhat assist to get by.

You’ll be able to receives a commission early or get a money advance and not using a credit score verify, however these apps go even additional.

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

Only a heads up, though- whereas these apps are nice for finding 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 occasions you’re in a pinch and want cash quick.

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