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10 Best Cash Advance Apps That Cover You Until Payday

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There can be nothing more stressful than realizing you immediately need more money than you have in your bank account. You need money urgently, and you don’t have a friend or family member you can borrow from to tide you over until payday — what do you do now? 

10 Best Cash Advance Apps

Unforeseen circumstances come up frequently, and if you don’t have enough savings to cover the surprise expense, sometimes a payday advance app is your ticket out of a sticky situation. 

Fortunately, some apps let you borrow money, making it easier for you to get urgent cash instantly. Not only is the processing quick, but the fees are lower than traditional payday loans.

Here are the top 10 apps for cash advances.

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1. Earnin: Best for Earning-Based Borrowing

Earnin is a payday advance app that has a unique and instant lending system. Its app tracks the number of hours you have worked and allows you to access your money according to your earnings. Plus, the app has a notification feature that alerts you in case your bank balance is low.

Pros of Earnin Cons of Earnin
The more you use the app, the more Earnin will allow you to borrow Fees may apply to use Earnin’s Lightning Speed feature

2. Chime: Best for Overall Draft Protection

Chime is an app that offers a checking account with SpotMe overdraft protection. This protection allows you to overdraw up to $200 on debit card purchases without incurring a fee. Chime also offers a secured credit card and savings account.

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Pros of Chime Cons of Chime
Overdraft protection up to $200 Only functions as overdraft protection
Tipping is optional Must have Chime account with at least $200 monthly direct deposits

3. Brigit: Best for Same-Day Loans

Brigit lets you borrow $250 the same day you apply for it — provided your application is submitted before 10 a.m. EST. To use the app’s cash advance function you have to pay a monthly fee, however, Brigit does have free access to financial experts to help you structure your spending within your budget.

Pros of Brigit Cons of Brigit
No late fees or penalties if you can’t pay on time $9.99 fee to access cash advances
App allows for rescheduling of payment Early cut-off time to request and receive money the same day unless you have a connected debit card
Free access to financial experts No instant deposit options

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4. MoneyLion: Best for Multiple Options

Besides offering you a loan, MoneyLion has many other features, such as financial tracking and investment accounts.

Pros of MoneyLion Cons of MoneyLion
Access to larger amounts than $250 is possible It can take three to eight weeks to become eligible for the maximum amount of Instacash
Varied account features A fee is required to get money on the same day

5. Current: Best for Checking and Spending

Current, though not technically a cash advance app, is an app that offers Overdrive protection for users who overdraw on their accounts up to $200.

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Pros of Current Cons of Current
No overdraft fees — up to $200 with Overdrive protection Requires minimum monthly direct deposits
No monthly fees Not a true cash advance

6. Dave: Best for Highest Cash Advance

Dave offers the largest cash advance in the industry — up to $500 through its new ExtraCash feature. All new members also receive a Dave Spending Account, which will allow them the option to receive the funds instantly for a small fee.

Pros of Dave Cons of Dave
Dave offers the largest cash advance in the industry An express fee applies to receive cash instantly

7. Empower: Best for Quick Cash Advances

Empower gives you cash advances of up to $250. With an Empower Card you can get up to 10% cash back on purchases at specific merchants. The card also offers free transactions at 37,000 ATMs across the country and Empower cardholders get their paychecks up to two days early.

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Pros of Empower Cons of Empower
Interest-free borrowing of up to $250 $8 subscription fee after 14-day free trial

8. PayActiv: Best for Short-Term Loans

PayActiv is more than just an app that lets you borrow money. In fact, it also allows users to pay their bills in app and get discounts on certain department store purchases and prescription drugs. Check the stores associated with PayActiv and redeem your discounts directly in the app. 

The app lets you see what you have earned and allows you to access it when you require it. 

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Pros of PayActiv Cons of PayActiv
You can pay bills and get discounts on products like gas and prescription drugs Without a PayActiv card, fees apply

9. Vola: Best for Same-Day Cash Advances Up to $300

Vola is one of a few loan apps to offer same-day cash advances of up to $300 with no credit check. This makes it one of the easiest apps to get a cash advance. It also supports over 6,000 credit unions and banks.

Pros of Vola Cons of Vola
Up to $300 advanced within the same day Subscription fee applies
No credit check Five-day cool-off period between repayment and requesting another advance

10. Albert: Best for No Late Fees

Albert designed its products to take the complexity out of your financial life. It offers instant cash advances, auto repayment and there’s never a late fee.

Pros of Albert Cons of Albert
Albert never charges a late fee, and there are no fees if you pay the cash back after the scheduled date A 30-day free trial of Albert Genius is required when you sign up for Albert Instant, which you can cancel

Cash Advance Apps at a Glance

App Maximum Loan Amount Transaction Speed and Loan Fee
Earnin $500  -1 to 3 days
-$1.99-$3.99 fee
Chime $200 -Instant
-No loan fee
Brigit $250 -1 to 2 days
-No loan fee
MoneyLion $250 -12 to 48 hours
-$0.99-$7.99 fee
Current $200 -Instant
-No loan fee
Dave $200 -Up to 3 days
-$1.99-$5.99
Empower $250 -Instant
-No loan fee
PayActiv A set percentage of what you earn -Instant to PayActiv Card or 48 hours to transfer to other debit cards
-$1.99 loan fee
Vola $300 -Within 5 hours
-No loan fee
Albert $250 -2 to 3 days
-$2.50 fee

Pros and Cons of Cash Advance Apps

Borrowing money can be a daunting task, and paying fees for the money you’ll earn in the future seems inadvisable, but in case of emergency it’s good to know which cash app can best help you out. Whether you need to know how you can quickly get $100 or what the hidden fees will be when you borrow money, it’s important to do your research. Every cash advance app has its pros and cons, but it helps that there are many cash apps to choose from offering a variety of options. Pick the one that works best for you and suits your needs. Make sure you read the terms and conditions and don’t borrow more than you’ll be able to repay.

Pros

Cons

FAQ

Picking the right app for a cash advance is important. To help you decide, here are the answers to some commonly asked questions.
  • What's the easiest app to get a cash advance?
    • Vola allows you to borrow up to $300 with no credit check. However, every app has different qualifications for borrowing money, so it's important to do your research and pick the one that works best for your situation.
  • What app gives the most cash advance?
    • Dave offers up to $500 with the ExtraCash feature.
    • Earnin also offers up to $500, but the amount is based on hours worked.
  • Are cash advance apps payday lenders?
    • No, cash advance apps have similarities to payday lenders but are not the same. Cash advance apps loan you money, usually until your next payday with no credit check required. Payday lenders add on high interest fees and tight repayment deadlines.
  • What app gives you $50?
    • Most cash advance apps offer $50 loans if you qualify. Some may require you to start with lower amounts or have worse terms for higher amounts, so it's important to read the fine print.
  • How can I borrow $300 on Cash App?
    • The limit you can borrow is $200 on Cash App. To do so, go to the "Banking" header and select "Borrow." Although Cash App Borrow isn't available to everyone yet, it does allow you to borrow up to $200 as long as you meet their requirements.

Cynthia Measom and Caitlyn Moorhead contributed to the reporting for this article.

Rates and fees are accurate as of Oct. 19, 2022, and subject to change.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.