If you need cash quickly and can’t wait until your next payday, you can use some of the best payday apps, including Chime and Dave. These services offer interest-free cash advances up to $100, due the next Friday or payday. They require no credit check and can be linked with any existing bank account.
Cleo
Cleo is a money management app that works with Chime to give you a cash advance. The app analyzes your deposits and spending habits to determine how much money you need to borrow. You can apply for a loan up to $100 and pay it back within a month. It costs $5.99 per month and has an autosave feature.
Unlike traditional banks, Chime allows you to access your money right away. This helps you smooth out your cash flow. Keep in mind, however, that Chime is a financial technology company, not a bank. Its banking services are provided by Stride Bank and The Bancorp Bank, both of which are FDIC-insured. Also, Chime cannot guarantee that your IRS file will be received or sent.
Empower
If you’re looking for an app that can help you manage your monthly expenses, Empower can help you. The Empower app helps you budget, track your spending, and set aside savings automatically. In addition, Empower offers cash advances of up to $250 for qualified members. To be eligible, you should have a healthy bank account, make frequent employment deposits over $500, pay an $8 monthly fee, and have a $100 balance in your account for the past 30 days. The Empower app also integrates with Chime, which is another popular app for online banking.
Another app that works with Chime is Branch. If you’re not using Branch, you can download it for free and use it with Chime. After you install it, you’ll need to add your Branch Wallet as a payment method. This can be done in the Settings section of your Branch account. You’ll find this option at the bottom of the page. You’ll have to enter your bank account information in order to get started.
Albert
Albert is a financial app that connects to your bank account via a secure banking connection. The platform is FDIC insured and all of your deposits are safe. Albert is backed by Sutton Bank, which is why you can have peace of mind that your money is protected. While Albert does not pay interest, it does offer monthly bonuses for deposits. For example, each month, you’ll receive 25 cents for every $100 you deposit. You can also use Albert to find better insurance deals.
Albert works with Chime to let you get a cash advance on your Chime account. Depending on your need, the cash advance can be as little as $100 to as much as $250. The money is available in as little as a few days after you receive an ACH transfer. Albert is an app developed by a financial technology company. You can trust that your money is safe with Albert, as their debit card is issued by The Bancorp Bank, N.A., and Stride Bank, N.A., both members of the FDIC.
Brigit
Brigitt is a mobile app that allows you to apply for a payday advance. It works with more than 15,000 banks in the United States, automatically depositing cash when your account balance falls below a certain amount. This prevents overdraft fees. You can also request to extend the due date or make early repayments. The app is available for iOS and Android users.
The basic membership to Brigit is free and allows you to access up to $250. You have to meet the minimum income requirements to get a cash advance, which varies depending on your credit score, income and spending habits. The app will assess your bank account and spend history, and decide how much you can borrow. If you’re approved, Brigit will automatically transfer the funds into your checking account. There are also some fees for Brigit’s Plus membership, which offers features like credit builder, overdraft notifications, and repayment extensions.
