Cash Advance

How To Borrow Money From Klover

Running short? Here’s how you could get a $200 cash advance before payday 💰

Klover app logo

So, what is Klover?

Klover first made an appearance back in 2019 👋

It’s a financial tech app that offers zero-interest cash advances (up to $200) to help you cover expenses until your next payday.

As well as a cash advance, you can get access to other useful financial tools. Some of which include overdraft protection and insights on your spending which should help you budget better 💅

gif of someone saying 'I'm on a budget'
Via Giphy

How does Klover work?

If eligible, you can get a cash advance of up to $200 to help cover you until your next payday.

Similarly to other cash advance apps, Klover’s also a budgeting app.

With Klover, you can:

  • Create spend and save goals
  • Opt-in to track your credit score
  • Earn extra points when you save money

You can also earn points for completing surveys and watching ads. Easy.

You’ll then be able to cash them out to get a bigger advance or enter its daily sweepstakes 💵

Cool, how much does it cost?

The subscription is $3.99 per month.

However, if you’re looking for an instant cash advance, you’d need to pay an express fee which can be up to $9.99 🚀

💵 $0-$10 – $2.99
💵 $10.01-$25 – $3.99
💵 $25.01-$50 – $5.89
💵 $50.01-$75 – $6.49
💵 $75.01 and up – $9.99

And unlike other financial institutions (banks, we see you), if you’re unable to make the payment back on time, there’s zero interest rates and no late fees.

However, it’s important to always try to make these payments back on time as late payments can lead to poor financial habits. (Apologies for being naggy. But it’s true.)

How to sign up to Klover

Signing up for an account with Klover is straight forward. Firstly, you’ll just need to download the Klover app (iOS/Android).

To complete your sign-up, you’ll need the below information:

  • Name
  • Home address
  • Work address
  • Date of birth
  • Employment
  • Checking account
  • Debit card linked to checking account
  • Phone number
  • Email address

PSA: Klover doesn’t run credit checks and it doesn’t require a Social Security Number.

Klover cash advance requirements

If you’re wondering how to get an advance on Klover, there’s a whole article on eligibility requirement. We’ve listed some of the main requirements below:

  • Your paycheck description on your bank statement must match the descriptions of previously deposited paychecks
  • Your last three direct deposits have been consistent and within the last 60 days
  • You have no gaps in pay
  • You are paid on a weekly or bi-weekly pay schedule
  • Your checking account must be in good standing and active for the last 90 days

Not asking for a lot then 👀

And if you’ve recently started a new job, you’ll need to have three consistent direct deposits from your employer to qualify for a Klover advance. For most people, this would mean waiting around 6 weeks.

Is Klover legit?

Klover says it keeps all of your data private. And it uses bank level, military-grade 256bit encryption technology which is one of the market’s most secure encryption methods.

Jargon decoded: Basically, yes, it’s legit. And it’s safe.

Here for it.

Klover reviews

Klover has a rating of 4.7/5 on the App Store and 4.1/5 on Google Play.

Klover app review by Jackie
Google Play review
Klover app review by Jackie
App Store review
Klover app review by Mellisa
Google Play review

Still have questions? Find answers below.
What is Klover and what does it do?
How much do I have to pay to use Klover?
How do I get started with Klover?
Is Klover safe to use?
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