You’re all set to make it to payday. And then you find yourself with a broken down car. So you need $100.
If this is you, you’re not alone. With wild inflation levels right now, 64% of Americans are living paycheck to paycheck.
What you don’t want to do is get into a debt spiral by taking out a loan with super high interest levels. This is where cash advances come in.
So. Here’s a quick list of all the best cash advance apps for a quick spot, depending on how much you need.
I need $50 right now
Ok, yes. We put Cleo first. But that’s because we’re really proud of Cleo’s quick spot feature.
💰 With a Cleo Cash Advance, you can get up to $100**
⏱️This money takes 3-4 working days to arrive, or the same day for an additional $3.99.
💲 Cleo Plus is $5.99 a month and gives you access to the cash advance.
Here’s what makes Cleo special though. With Cleo Plus, you get access to a load of other cool features that are designed to help you eventually stop needing a cash advance.
💙 Roast mode, to hold you accountable for your late night Amazon binges
💙 Cashback on your favorite stores
💙 Roundup and autosave, to help you build savings while you spend
💙 A budgeting tool that’s ridiculously easy to use and personalized to your spending
💙 A place to monitor your credit score (so you can see if that missed Klarna payment came back to haunt you)
Just connect your bank account and our algorithm calculates your eligibility.
Cleo is freelancer friendly, too — we don’t have to verify your employment status.
Interested? Head over the app store to download Cleo for free.
Chime: $20 initially, but $200 over time
Chime offers a fee-free overdraft service called SpotMe for its customers.
💰 First -time users can access up to $20 via SpotMe, with the limit increasing to $200 once you meet certain criteria to do with account history and activity. The negative balance is then automatically repaid from your next deposit.
💲 SpotMe charges no additional fees. Just remember this is an overdraft service, so you don’t actually get cash into your account as with other cash advances.
To qualify for SpotMe, members need to have received at least $200 through direct deposit in the 34 days prior and have an active Chime debit card.
⏱️ So while SpotMe is an instant service, you need to have already set up a Chime bank account as well as a Chime debit card beforehand to access it.
I need $250 right now
Dave: Up to $250 initially, up to $500 over time
💰 Cash advance limits: up to $500. (However, Dave do disclose in their help center that you most likely won’t get $250 your first few times)
⏱️ Time to arrive: Three days, or 8 hours if you opt to pay an express fee.
💲 Fees: Dave’s subscription fee is $1 a month. You can also leave an optional tip.
If you opt for instant cash, you’ll pay an express fee of 99 cents - $6.99 for Dave Spending Account and $2.99 - $11.99 for external transfers.
✋ Repayment By default, it’s the day your next paycheck arrives, but you can change the date.
Requirements: To qualify for Dave you have to have at least $1000 worth of income a month deposited into your account. Dave will also check your income history and spending patterns.
Albert: Up to $250
💰 Cash advance limits: Up to $250
⏱️ Time to arrive: Instantly for a fee, up to 3 days otherwise
💲 Fees: No fees to advance cash instantly if you advance it to Albert Cash; instant advances to an external account will pay a small fee. There are no late fees, either.
Brigit: up to $250
💰 With Brigit, you can get a cash advance of up to $250.
⏱️ The money arrives on the same day if you apply before 10 am EST.
Otherwise, it’ll be the next business day.
💲 To access the cash advance, you have to sign up for Brigit’s paid plan, which is $9.99 a month.
Here’s what you need to qualify:
📍 A checking account with a positive balance that’s been active for at least 60 days
📍 At least three recurring direct deposits from the same employer
📍 A history of maintaining a positive balance around payday
I need $500 right now
Earnin: $100 initially, $500 over time
💰 Cash advance limits: Earnin has a unique money lending system. It tracks the number of hours you have worked and allows you to access money according to your earnings. This starts at $100 initially, and goes up to $500 after time.
⏱️ Time to arrive: One to two business days.
💲 Fees: Earnin uses a voluntary tip model.
✋ Repayment: Next payday.
Requirements: You must be employed in a physical location or have an electronic time management system.
While you’re here…
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Big love. Cleo 💙