15 Greatest Apps Like Dave for Dependable Money Advances

Are you on the lookout for apps like Dave that can provide you a fast money increase? You’ve landed in the appropriate place!

Going past money-making apps, there are companies that show you how 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 supplying 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 payment, no credit score checks, the flexibility to construct credit score, and numerous charges or ideas related to cash borrowed.
• Use Chime to develop a robust financial savings account or get a money advance while you want it!
• Whereas handy, money advance apps ought 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 going through 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 alternative for short-term monetary aid.

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

Moreover, for many who want the cash now, Dave presents an categorical funding option- starting from $3 to $25- funds might be obtained in as little as an hour.

So, with that in thoughts, let’s examine different money advance apps to Dave!

Apps Like Dave

1. Chime

• Advance Quantity – $20 to $200
• Credit score Test: No
• Processing Time – Identical day
• Compensation 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 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 based mostly in your account historical past.

When you 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 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 Test: No
• Processing Time – 2 to three days
• Compensation Date – Subsequent payday

One other one of many in style apps like Dave is Albert.

Albert is a monetary expertise firm that gives banking companies by way of its partnership with Sutton Financial institution, which is an FDIC-insured monetary establishment.

Despite the fact that Albert primarily presents banking and monetary companies, 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 you can rise up to a few money advances per pay interval, so long as they don’t exceed $250.

Try 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 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 Test – No
• Processing Time – As soon as accepted – immediately
• Compensation Date – Set due dates monthly

Money App Borrow is comparable in idea however solely as extensively obtainable 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) immediately from Money App.

There’s a flat payment 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:

• 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 Test – No
• Processing Time – 1 to three days; Pay for fast entry
• Compensation Date – Subsequent payday

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

When you’re seeking to increase your credit score historical past, Brigit presents secured private loans.

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

However if you would like higher options and assist managing cash, it’s best to get the Plus membership, which has a low month-to-month subscription payment 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:

• Lively, positive-balance checking account
• Constant direct deposits
• Monetary stability for reimbursement
• $9.99 month-to-month payment

5. Earnin

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

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

One factor, though- utilizing the Lightning Pace characteristic might incur charges, and it would solely be obtainable to some neighborhood members.​

Necessities for an Earnin account:

• Employment verification (by way of work location monitoring or timekeeping programs)
• A related checking account
• Common paycheck deposits into this account

6. Klover

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

Klover has some nice instruments that can assist you get your finances 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 you need to pay.

As an alternative, 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 related 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
• Test Credit score – No
• Processing Time – A number of days; Immediately for a payment
• Compensation Date – Subsequent payday

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

It has a money advance characteristic the place you possibly can 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 brief 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 on the spot 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
• Test Credit score – No
• Processing Time – Prompt pickup at Walmart Cash Middle or 1-day switch to a checking account
• Compensation Date – Subsequent payday

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

What does that imply for you? It means extra alternatives to spice up your monetary sport 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 telephone.

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
• Test 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 every part checks out, you will get an advance in your pay, which is basically helpful for sudden bills.

Varo doesn’t cost month-to-month charges to make use of this service, however there’s a small payment that begins on the first $20 you borrow. The payment goes as much as $20 for those who borrow $250 and $40 for those who borrow $500.

Necessities for a Varo Account:

• A Varo checking account that’s lively and in good standing.
• Common direct deposits complete at the very least $800 a month into your Varo account, displaying a gradual earnings.
• Verification of your identification, normally by way of government-issued ID.

10. DailyPay

• Advance Quantity – As much as 100% of paycheck
• Test 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 in case you have already labored just a few 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.

When you take an advance, the quantity that shall be deposited on payday shall 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 – Total paycheck
• Test 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 companies with out having a standard bodily financial institution department community.

Axos is totally different from Dave or many apps like Dave that supply money advances. It brings a twist to the money advance situation.

As an alternative of offering direct money advance loans, Axos presents early entry to all your paycheck by way of Direct Deposit Specific.

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 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 – Complete Paycheck
• Test 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 big selection of monetary companies immediately out of your telephone.

The “Early Wage” characteristic from Revolut is a game-changer for a lot of. It presents a much-needed increase in relation 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 a giant 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
• Test Credit score – No
• Processing Time – as much as 2 days; Prompt for payment
• 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 possibly can pull out forward of time of your pay interval processing time.

You’ll be able to both set it to switch cash robotically or do it while 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
• Test 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 recent overdraft safety.

You probably have a Present account and meet sure necessities, you possibly can spend barely past your account stability with out going through the standard penalties and month-to-month charges.

This generally is a lifesaver when your finances is stretched skinny, and it’s essential to make a crucial buy.

Necessities for Present Overdrive:

• Lively present account
• Qualifying Direct Deposits
• Account Exercise

15. Attainable

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

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

When you’re in search of greater than only a money advance, Attainable 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 reimbursement 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 Attainable:

• Should be at the very least 18 years outdated
• Have an exterior checking account in your title
• Have a daily earnings
• It isn’t obtainable in each state

FAQs

What does the Dave app do?

The Dave app is designed as a monetary lifeline for these moments while you’re tight on cash and wish a little bit of assist to get by way 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 payment.

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

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

What apps are like Dave?

A number of different apps provide companies much 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 just a few 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 on the spot funds and the circumstances below which they’re offered differ from app to app.

Are apps a protected strategy 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 while you’re ready in your subsequent pay interval and wish a bit of assist to get by.

You’ll be able to receives a commission early or get a money advance with no credit score examine, however these apps go even additional.

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

Only a heads up, though- whereas these apps are nice for finding out a good 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 properly as a great way to keep away from dangerous loans and large rates of interest.