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15 Best Apps Like Dave For Cash Advance and Payday Loans

Jarrod Suda

Guide

May 24, 2024
Advertiser disclosure

Dave stands out as a well-known financial app in the US for an interest-free $500 cash advance. It's one of the highest in the US cash advance app industry.

Despite this leading feature, Dave comes with its own set of drawbacks too. For instance, there's a nominal $1 monthly membership fee — a minor expense but yet another subscription to oversee. If you need it immediately, the cost can range from $1.99 to $13.99, depending on the advance amount. Additionally, the app lacks international money transfers and it charges foreign card transaction fees.

Thankfully, Dave isn't the only contender in this arena! This article will explore various alternatives like Current that offer features like Dave.

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With Current, you can get fee-free overdrafts up to $200 and get paid up to 2 days faster. The account even comes with a card to help you build credit with everyday purchases and earn points on swipes for cash back.

Dave ExtraCash™

Dave members can use the ExtraCash™ service to get a $500 cash advance transferred immediately to your account, also free of interest charges or late fees. You can spend the money on anything you need, from gas to groceries to rent. A minor downside is that Dave charges a $1 monthly membership.

  • Advance amount: Up to $500 per pay period
  • Processing time: 2-3 banking days. Instant feature expedites the process for $0.99-$3.99
  • Repayment date: Your next payday
  • Membership fee: $1 per month

You should have at least three regular deposits to be eligible. You can enhance your eligibility when you link your bank and have a 60-day account history of positive balances. A consistent income history and responsible spending habits will also improve your profile. You can increase your advances by having a total monthly deposit of $1,000 or more.

Like other apps on this list, Dave offers a function to get paid up to two days earlier than your traditional bank if you set up a qualifying direct deposit. Like Chime® and Brigit, you'll access a large portfolio of businesses that offer gig work for you to earn a side hustle.

Dave's express fee for sending cash advances to the Spending account ranges from $1.99 to $9.99, depending on the size of your advance. You can also send the cash advance to an external debit card within 1 hour. These card transfer fees cost a little more, ranging from $2.99 to $13.99.

The Top 15 Cash Advance Apps Like Dave

More info: read our Dave comparison guide or visit the Dave website
FDIC-insured parter: Evolve Bank & Trust, Member FDIC

Now that we've checked out how Dave handles payday loans, let's see what 15 other cash advance apps offer (all available on Android or iPhone) and how they can be useful:

Brigit Instant Cash

Brigit is a loan app like Dave that offers secured personal loans to build your credit history. Its Instant Cash feature offers a $250 advance for qualifying Plus members. Brigit offers a free plan, which comes with financial planning tools to monitor spending and a marketplace for opportunities to earn extra income. Only Plus members can access Brigit's Instant Cash, fee-free overdrafts, and credit builder. If you often find yourself losing money to overdraft fees from your main bank, Brigit may be the right app for you.

  • Advance amount: Up to $250
  • Processing time: 2-3 banking days. Instant feature expedites the process for $0.99-$3.99
  • Repayment date: Flexible due date that aligns with income schedule
  • Membership fee: $9.99 per month for Plus

Brigit works by integrating with your primary bank accounts. As long as it can confirm that your account has been active for at least 60 days, has a balance above $0, and has 3 recurring deposits from the same source, you may be approved for a money advance.

One great aspect about Brigit is that it is open to US residents, not just US citizens. If you are an immigrant with US residency, Brigit may the most accessible option on this list. You'll need an SSN or ITIN number to qualify. Like Dave, you'll get access to a catalog of side gigs that you can choose from to get some extra income.

More info: read our Brigit comparison guide or visit the Brigit website
FDIC-insured parter: Coastal Community Bank, Member FDIC

Current Overdrive

Current offers the Overdrive™ feature, granting access to up to $200 without incurring overdraft fees. To be eligible, you must receive $500 or more in qualifying deposits into your current account within the past 30 days:

  • Advance amount: Between $25 to $200
  • Processing time: Immediate
  • Repayment date: Within 60 days.

Beyond its borrowing feature, Current boasts saving pods with competitive APY rates, a credit builder card, and the opportunity to receive your salary up to two days earlier.

Current offers a points program for spending at participating merchants, and it doesn't impose any monthly fees. Additionally, Current presents a robust network of 40,000 fee-free ATMs and the convenience of depositing paper checks.

More info: read our in-depth Current review or visit the Current website
FDIC-insured parter: Choice Financial Group, Member FDIC

Varo Advance

Varo introduces the "Advance" feature, accessible to those with a minimum of $1,000 in qualifying direct deposits to their Varo Bank Account. Varo's Advance feature allows you to borrow up to $250.

  • Advance amount: Between $20 - $250
  • Processing time: Immediate
  • Repayment date: Select your own date, within 15 to 30 days.

In addition to its borrowing feature, Varo offers a credit builder card and a checking account without a monthly maintenance fee. Unlike Dave, Varo sets itself apart by not imposing a monthly subscription fee. While no interest fee is charged, a fixed fee of between 6% to 8% will accompany every cash advance exceeding $20.

Unique compared to other cash advance apps on this list, Varo is a duly-licensed bank in the United States and a Member FDIC.

More info: visit the Varo website
FDIC-insured parter: Varo Bank, NA, Member FDIC

EarnIn Cash Out

EarnIn has their "Cash Out" feature, which allows you to access up to $750 per month of your pay early (eligibility based on your hourly wage), with a daily limit of $100. To access this feature, you must verify your income and employment.

  • Advance amount: Up to $750 per pay period
  • Processing time: 1-2 banking days. "Lightning Speed" feature expedites the process for $0.99-$3.99
  • Repayment date: Your next payday

Instead of transferring funds to your main bank, you can also use their EarnIn Card, a Visa contactless card. This card enables immediate access to your earnings, allowing you to spend up to $1,500 per day. You can also take a no-fee cash advance of up to $300 per day from an ATM using the card.

EarnIn also offers a credit monitoring feature at no cost. Notably, this service doesn't involve hard or soft credit pulls, ensuring that your credit score won't be affected. Unlike some other platforms, EarnIn does not offer features like savings, rewards, roundups, or cash back.

More info: visit the EarnIn website
FDIC-insured parter: Evolve Bank & Trust, Member FDIC

SoLo Funds

SoLo Funds is a lending marketplace that is operated by other members. You can either request a loan for specific needs such as car repair, utilities, etc., and list your reasons. Or, you can offer to lend money to others in the community (and earn tips). The amount you can request ranges from $20 to $575.

  • Loan amount: $20 to $575
  • Processing time: Within 20 minutes once the loan is accepted. No instant funding fee.
  • Repayment date: Varies by loan. You can set the date, and the lender will accept it.
  • Membership fee: None

Your loan request will be live on the marketplace for 3 days. If no one accepts the loan within this period, it will be deleted.

If you miss your repayment date, a late fee of 10% of the principal will be added to your payment on the 35th day the start date. The entire late fee goes to the lending member. You'll also pay a third-party transaction fee of 2 x (0.9% of the principal + $0.70).

More info: read our money borrowing comparison guide or visit the website.
FDIC-insured parter:
Bangor Savings Bank, Member FDIC

MoneyLion Instacash

You can qualify for Instacash in two ways. You can either link you bank account to MoneyLion with their built-in system. Or, you can sign up for a "RoarMoney" MoneyLion mobile banking account. The more regular direct deposits you receive in your checking account, and the larger the dollar amount, the more Instacash you will qualify for.

  • Advance amount: $25 to $500
  • Processing time: 1-5 banking days. Instant feature expedites the process for $0.49-$8.99
  • Repayment date: Set in-app, deferrable up to 2 weeks
  • Membership fee: $1.00 per month

If you open an account with MoneyLion, then you will receive your funds more quickly. You'll also gain eligibility to borrow up to $1,000. Customers who only use MoneyLion through a linked bank account will be eligible for up to $500. There's no interest and no credit check.

More info: Compare payday apps or visit the website
FDIC-insured parter: Pathward, National Association, Member FDIC

Klover

You don't need a credit check to qualify for Klover's advances up to $200. Instead, you'll need three consistent direct deposits from your employer.

  • Advance amount: Up to $200
  • Processing time: 3 business days. Express fee up to around $12.
  • Repayment date: Set within the app
  • Membership fee: $3.99 per month for Plus

In addition to cash advances, Klover has a points rewards program and useful budgeting software. However, we were turned off by their lack of transparency when it came to the Express fee to expedite the cash advance transfer. We were unable to find a clear fee schedule anywhere on their website or terms and conditions. They also make money by gaining insights from your data, which we know can be a concern for many customers these days.

More info: read our money borrowing comparison guide or visit the Klover website
FDIC-insured parter:
 Blue Ridge Bank, N.A., Member FDIC

Revolut Early Salary

Revolut doesn't offer a loan feature, but does have the "Early Salary" feature. If your salary is directly deposited into your Revolut account, you'll eligible to receive your funds up to two days earlier than traditional banks.

  • Early salary: Don't wait on your conventional bank
  • Processing time: 2 days early
  • Fees: No fees

Revolut extends its appeal with features that allow you to manage and block unwanted subscriptions, access secure savings vaults with attractive APY rates, earn rewards from participating merchants, and enjoy travel perks as a paid member.

Unlike Dave, Revolut offers a multi-currency account supporting 28 foreign currencies for exchanging up to $1,000 per month without any fees. In addition to cheap international money transfer capabilities, Revolut provides access to a fee-free network of 55,000 ATMs, budgeting features, and more.

More info: read our in-depth Revolut review.
FDIC-insured parter: Metropolitan Commercial Bank, Member FDIC

Cash App

Cash App features their "Borrow" service which allows eligible customers to access up to $200 when needed. This is a real personal loan, unlike some other apps on this list that only offer fee-free overdraft facilities. Cash App charges a flat 5% fee for the loan, with a 1.25% finance charge per week if the loan is not paid back before the 4-week deadline.

Note that this feature might not be accessible to all customers as it is currently available only to eligible users in specific states. If you can't see the Borrow button in your Cash App menu, then you are probably not eligible for a loan. However, you can reach Cash App support at +1 850-318-8959 or +1 800-969-1940 to inquire about your status.

  • Loan amount: Between $20 to $200
  • Processing time: Immediate
  • Repayment deadline: Within 4 weeks
  • Membership fee: None
  • Fees: 5% fixed fee + 1.25% interest fee

In addition to its borrowing feature, Cash App has a direct deposit service that enables you to receive your earnings from your employer up to two days before the official payday. Cash App stands out for its investing platform and its exceptional feature of providing free international transfers to Cash App users in both the United States and the United Kingdom. As one of the largest peer-to-peer payment networks in the country, Cash App is one of the most reliable and convenient way to send money to friends.

More info: read our guide about Cash App or visit the Cash App website
FDIC-insured parter:
Sutton Bank, Member FDIC

DailyPay On Demand Pay

DailyPay does not provide fixed cash advances like the other apps on this list. Instead, it works directly with several employers in the US. Your employer will be able to advance money from pay that has already been earned but has not been distributed yet.

  • Transferable amount: Wages earned by the hour
  • Processing time: 1 business day. Instant feature expedites the process for $3.49
  • Repayment deadline: N/A

Rather than get paid under a traditional monthly or bi-monthly paycheck calendar, DailyPay will track approved hours worked so you can build up a balance in your DailyPay account each day. That balance can be left in your DailyPay account, or you can transfer it to a bank account or debit card.

More info: read our money borrowing comparison guide or visit the DailyPay website
FDIC-insured parter:
 The Bancorp Bank, N.A., Member FDIC

PayActiv Earned Wage Access

PayActive is a financial platform that helps employees track and organize their earned income, and promotes financial wellness through saving, user-friendly tools, and learning resources. PayActive's main offering is their Earned Wage Access (EWA) feature, which lets you access a portion of your paycheck as soon as you earn it, without waiting for paydays.

  • Transferable amount: Up to 50% of earned income during a pay period, up to $500 without direct deposit, and up to $1,000 with direct deposit (employers may set lower limits).
  • Processing time: 1-3 business days. Instant feature expedites the process for $2.99
  • Repayment deadline: N/A

You can access your earned income through PayActiv in three ways. You can have your money sent to a linked bank account or a debit card. Alternatively, you can pick up your cash at Walmart. The transaction will show up as a deduction on your pay stub.

More info: Compare payday apps or visit the website.
FDIC-insured parter: Central Bank of Kansas City, Member FDIC

FloatMe Floats

FloatMe Floats offers small advance amounts, which can be helpful for minor financial gaps. Due to the high fees, we recommend the other apps on this list that offer similar services for cheap or for no fees.

  • Advance amount: $10 to $100
  • Processing time: 1-3 business days. Instantly for fee $3-$7
  • Repayment date: Set in app, not changeable.
  • Membership fee: $3.99 per month

The FloatMe app also has a financial tracking software, and gives you access to member-only discounts and offers.

More info: visit the FloatMe website
FDIC-insured parter:
Not specified

Albert Instant

Albert is another app that provides access to cash advances of up to $250. To qualify, establish a direct deposit setup and offer evidence of steady income for at least the past 60 days from the same employer. Similar to Dave, Albert's "Instant" feature doesn't impose interest or late fees. You're allowed up to three cash advances during each pay period, with the total capped at $250.

  • Advance amount: Up to $250
  • Processing time: 2-3 days, or instant loans for a small fee
  • Repayment date: Your next payday

Albert offers an optional premium membership known as "Genius," which costs $96 per year. This subscription unlocks additional features, including investment options. In our opinion, Albert's additional features do not greatly differ from those you'd find in Chime, Revolut, or Dave. It's also worth noting that when you create an account with Albert, you will be automatically enrolled in the Genius free trial, which must be canceled after 30 days if you do not want to pay the full year's membership fee.

More info: visit the Albert website
FDIC-insured parter: Sutton Bank, Member FDIC

Beem Everdraft™

Beem Everdraft™ offers a cash advance feature designed to help you avoid overdraft fees and manage short-term financial shortfalls. However, due to a high number of low customer reviews, we don't recommend Beem as a first choice.

  • Advance amount: Up to $1,000
  • Processing time: Immediate
  • Repayment date: Next paycheck

Beem offers a range of financial services designed to assist users in managing their finances efficiently. Beem also provides personalized financial insights through BFF - Better Financial Feed, credit monitoring, car insurance savings, job-loss and disability protection, identity theft insurance, affordable health plans, tax filing and calculator tools, personal loan comparisons, and high-yield savings accounts.

More info: visit the Beem website
FDIC-insured parter:
Not specified

Possible Finance

Possible Finance provides real loans through their smartphone app, but we don't recommend them because of their lack of transparency. Possible Finance lets customers to borrow up to $500 ($250 in California) with the added flexibility of paying over time in four installments, but charges around 10% to 25% interest on their loans, depending on the state that you're in. We had to dig through their website to find those fees.

  • Loan amount: Up to $500
  • Processing time: Instant, up to 5 days
  • Repayment date: 4 weeks, set in the app
  • Membership fee: None
  • Fees: 10% to 25% interest fees

The advantage of Possible Finance as that it distributes the borrowed money to you instantly (although it can take up to 5 days in some cases), and it charges no fee for the instant transfers. The app charges up front fees for the loans, but does not charge late fees. It also reports your activity to credit bureaus as you build a credit history. If you want to get the Possible Credit Card instead, then that comes at either an $8 or $16 monthly membership fee.

More info: visit the Empower website
FDIC-insured parter:
nbkc bank, Member FDIC

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