10 Best Cash Advance Apps Like Dave

Dave is one of the best cash advance apps available to help you get cash when you need it. It also helps you manage your personal finance with ease. But what if you are done with Dave, didn’t get approved or don’t like their policies.

In this article, I have listed the 10 best apps like Dave that you may try as Dave alternatives.

But before that, let’s talk about cash advance apps.

Introduction

It’s no secret that money is tight for most people, including but not limited to the USA. With student loans, credit card debt and other bills, it’s hard to make ends meet. But what if you could borrow money and not spend it right away?

A cash advance is a short-term loan that is borrowed against a bank account. Cash advances can be used for different purposes including, but not limited to: emergency situations, such as car repairs, home repairs, or medical bills; paying off high-interest debts, or paying bills on time.

Cash advances are also helpful for emergencies like losing your job, getting divorced, or running out of gas. Some cash advance apps offer a line of credit, which is a longer-term loan. If you need to borrow money for a long-term period, a line of credit is a better option.

Cash advances are loans that are repaid later, usually after a set period of time. This is a great option for those who need to make quick cash, but don’t want to put their credit at risk.

Cash advance apps do all these without hurting your Credit Score.

Dave is one of the best cash advance apps available to help you get cash when you need it. If you need cash in a pinch, try out Dave!

How does Dave work?

Dave, like many other cash advance apps, allows you to borrow money for up to $250. Dave also partners with LevelCredit (usually $100 a year but free for Dave customers) to protect and improve your credit scores.

Dave also offers banking services, where there are no overdraft fees, minimum balance fees, or ATM fees from 32,000 MoneyPass ATMs.

Two other features that come along with every Dave account are automatic budgeting features and side-hustle. With automatic budgeting, you can manage your monthly spending, and with a side hustle, you can save a little every month to do something large.

Best Cash Advance Apps like Dave

Dave is a great app, but it is not the only cash advance services provider. In addition to Dave, there are many other cash advance apps available too. In this section, I have listed the best cash advance apps like Dave that you can use to borrow some extra cash for a limited time.

Without further ado, let’s get started with the list:

Let’s check these out in detail.

Earnin

Earnin is a great alternative to Dave, offering cash advances without any membership fees. Instead, it allows you to borrow money based on the hours you’ve already worked. For example, after working several hours, you can qualify to borrow up to $500 per day.

With the Lightning Speed program, you can get your cash deposited directly into your bank account within minutes, ensuring quick access to your money when you need it the most. No need to wait or visit a physical location.

To help you avoid overdraft fees, Earnin also includes a Balance Shield feature. This tool monitors your account balance and sends alerts or provides advances to prevent overdrawing.

However, there are some eligibility requirements:

You need to maintain regular working hours.
Location services must be enabled, or you’ll need to upload your work schedule to qualify for advance withdrawals.

Earnin provides a user-friendly way to access your earned wages without the hassle of fees or delays.

Even

Even is a popular financial planning app that offers cash advances of up to 50% of your earned wages. However, to access its features, you need to work for a qualifying employer. For same-day cash withdrawals, you can visit any US Walmart location.

While convenient, Even Plus membership comes at a higher cost of $8 per month, making it more expensive than Dave.

What sets Even apart is its advanced money management features:

Bank Account Tracking: Check your account up to three times a day.
“Okay to Spend” Alerts: Stay updated on how much you can spend after bills.
Smart Budgeting: Allocates a portion of your earnings to ensure you’re financially stable throughout the month.

Even combines budgeting tools and cash advances, making it a comprehensive choice for financial planning.

Brigit

Brigit is a leading cash advance app offering advances up to $250, significantly higher than Dave. Its automatic withdrawal feature ensures you never run out of funds unexpectedly, while its spending habit analysis predicts potential overdrafts and helps you avoid them. Additionally, if you’re unable to repay on time, Brigit allows you to extend your payment due date, adding flexibility to your finances.

Despite its benefits, Brigit comes with some drawbacks:

High Cost: At $120 per year, Brigit is far more expensive than Dave’s $12 annual fee.
Slow Funding: Cash deposits may take longer to reach your account compared to other apps.
Strict Eligibility: You must earn over $1,500 per month to qualify.

Brigit is an excellent choice for those needing higher advances and advanced financial insights, but its costs and slower funding might be a concern for budget-conscious users.

Chime

Although Chime has only been in the business for nine years, it’s grown rapidly popular as a cash advance app similar to Dave. Today, it boasts more than ten million users all across the world. If you are interested in building your credit score and saving money, then it could be just what you need. It is an especially good option for young people who’ve just turned 18 and wish to open their own bank accounts.

It allows you to cash out up to $200 per day sans overdraft fees. However, Chime is much more than just a simple cash advance app. After creating an account with Chime, you will automatically receive spending and personal savings accounts. When you have a balance on your savings account, it will automatically add interest on it at 0.5% APY.

Payactiv

Payactiv is a fast and efficient cash advance apps like Dave and services all employed subscribers. It gives them access to cash out for the number of hours they’ve already worked for. The best part of being a Payactiv subscriber is that you won’t deal with any interest – because you’re not asking for a loan in the first place. You can have immediate access to financial assistance if your employers support the use of Payactiv.

Also, Payactiv doesn’t impose hidden charges such as inactive fees, recurring fees, or monthly fees. Based on how much you have already earned in a pay period, you can request for an advance paycheck. The money will get transferred to your bank account and is auto-debited when your next paycheck arrives.

MoneyLion

If you ever find yourself in a financial emergency, then you can count on MoneyLion’s paycheck advance program for help. It allows you to cash out up to $250 per day. However, like Bigit, it comes with strict guidelines for screening potential subscribers and also a policy in applying for an advance. You need to open a checking account at MoneyLion to get pay advances.

As long as you are eligible for an advance paycheck at MoneyLion, you needn’t worry about incurring interest rates as well. Moreover, withdrawals are certain to hit your personal bank account within the same working day. Unfortunately, MoneyLion is presently not accessible in certain states in the US, including Indiana, Iowa, Montana, Nebraska, Nevada, and Vermont.

Branch

Branch is a well-known cash advance app like Dave that also offers personal loans in most countries it operates. In the US, it offers a cash advance of up to $500 of your paycheck or up to $150 per day. It also offers a debit card, no-fee checking, and free ATM access ay over 40,000 locations across the US. You can also use the Branch app to transfer funds, receive money, and pay bills.

Branch charges $2.99 to $4.99 for immediate advances to your debit card, but standard advances to your account are free of cost and take up to three working days. It offers its services in several countries including India, Nigeria, and Kenya. In most of these markets, it offers personal loans at interest rates up to an incredible 360%. In India, it offers free monthly CIBIL scores ad personalized tips to help you monitor your credit card and manage your finances well.

Empower

Empower is notable for offering interest-free cash advances of up to $250. You can send the money to your Empower checking account for free or to a bank account for a basic fee of $3. The app does not come with credit checks or charge any late fees. However, it has a membership charge of $8 per month after a 14-day free trial period. Moreover, to be eligible for cash advances, you need to make regular direct deposits to your Empower checking account to be eligible.

Empower also comes with an Early Paycheck Deposit feature that gives you access to your paycheck up to two days faster. It also offers a 10% cashback offer on eligible purchases at several grocery stores, gas stations, and restaurants. Apart from its cash advance and related features, it also serves as a budgeting app and helps you limit your expenditure based on your income. You will also receive monthly reports showing the amount you spent on each category.

DailyPay

DailyPay helps you easily access your salary before your payday. Like Even, it offers Earned Wage Access and requires support from your employer. Similar to other apps in this sector, it allows you to transfer your still-to-be-paid earnings immediately to your debit card, prepaid card, paycard, or bank account. It puts the money into the bank and then takes the amount already cashed out from the paycheck on payday. However, you must pay a fee of $2.99 to use the service.

For security, DailyPay uses 256-bit level encryption and its customer support channels and payment networks are PCI-compliant and SOC II-audited. It has grown to become one of the biggest names in the business and found an “honourable mention” on Fast Company’s “World Changing Ideas” last year. Known companies offering employees early access to salaries via DailyPay include Uber, Doordash, ShiftGig, and Burger King.

Varo

Varo is a robust digital banking service that gives users access to cash advances before their paycheck arrives. After setting up a direct deposit on your Varo account, you can withdraw any amount you need from your earned wages ahead of time. These advances are interest-free, similar to the ones that Dave offers. You don’t even need to keep a minimum balance or pay transfer fees or foreign transaction fees.

Your Varo account comes with a debit card with a zero liability guarantee. This means that you will not be responsible for any unauthorized fees. With your Varo card, you will have free access to more than 55,000 ATMs in the Allpoint® network all across the nation. Varo also comes with a card-locking feature that allows you to block your card right within the Varo app, in case it gets lost or stolen.