February 15, 2023
Money Hacks

How To Borrow Money From Klover

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

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 quick spot, 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 💅

Via Giphy

(We’ll just mention here that if you’re in a tight spot right now, Cleo can spot you up to $100, as well as being the only money app that roasts you... eligibility requirements apply though. Scroll down to find out more)

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.

Google Play review
App Store review
Google Play review

Apps like Klover

If you want to shop around first before jumping in, there’s tons of other cash advance apps out there. And if you’re looking for an instant cash advance, there are a few apps which charge a lower express fee than Klover.


How does the Cleo app work?

Ok yes, slightly biased, but you are literally on the blog right now.

If you’re in need of a quick spot, the Cleo Plus feature can offer up to $100**

And unlike other cash advance apps, you can get an advance if you have gaps in your pay and don’t have a specific income. That’s right, Cleo’s the best cash advance app for gig workers.

So, how do you sign up?

We literally have a whole article which explains how to get a cash advance with Cleo, but it’s pretty simple:

1.) Download the best money app in the world (iOS/Android)

2.) Connect Cleo with your main bank account

3.) Find out if you're eligible for the cash advance

4.) If eligible, confirm your details

5.) Decide when you want the money‍

💵 Maximum amount: $100  
🏦 Fees: $5.99 monthly subscription and no late fees  
🚀 Speed: three to four working days or today if you pay an express fee of $3.99  
✅ Repayment: it’s up to you when you want to repay ‍
🔎 Credit check: no
📈 Interest: hell no

What do our users think?

💙 ”It's such a bad ass bank they give you cash advances when you need them it's pretty bad ass I would a hundred percent recommend.” Diana H. Trustpilot review*

The rumors are true. We’re badass.

Enjoy this post? Give it a share or send it along to a friend. You never know, it could make a big difference.
Big love. Cleo 💙

*Testimonial Disclaimer: Review provided by customer to Cleo AI Ltd. d/b/a Cleo. The comment above is related to individual experiences or results. Individual results may vary.

** Eligibility requirements apply.

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Talking to Cleo and seeing a breakdown of your money.