Cash advance apps in simple terms can be referred to as those apps that lets you get your money before the payday. These Apps allow you to receive your money before the payday and can be very helpful in times of emergency. It is of no doubt that there are several Cash advance apps out there but what cash advance app work with Cash App? here is the main thing topic that we will cover in this article.
With Cash Advance apps, you are able to borrow money before your next payday. They are reasonably less expensive alternative to traditional banks' overdraft facilities, which often come with elevated cost.
Among some of the most popular cash advance apps, we have; Dave, Albert, Cleo, Earnin, MoneyLion, Klover and many others. But it is necessary you keep in mind that cash app does not support all cash advance apps.
Cash advance apps mostly do nor charge interest or finances fess, but they instead rely on subscription fees and tips to make money. These advances are placed against your next paycheck, so you are effectively borrowing money ahead of time.
Do Cash Advance work with Cash App? Yes, even though not directly. One of the main requirements of cash advance apps is that you know when your next payment is and the exact amount that you will be paid. Incase you have setup direct deposit with Cash App and want to link your cash app account to these cash advance apps, then you will find it nearly impossible to do so.
Due to the fact that these payday loan applications mostly support traditional banks, they can check your record of consistent income with Plaid, which does not work with Cash App.
Want to know what Cash Advance apps work with Cash App? then stay glued to this article as I will show you some of the best cash advance apps that work with Cash App.
Table of Contents
What Are Cash Advance Apps?
Cash Advance Applications are apps that lets you deposit money into your bank account that you have already earned before payday. These are are most often free or require a small fee, but there is no interest charged on the loans. Cash Advance apps actually stand as a cheaper option to payday loans or even credit cards, though with the upfront costs.
Cash Advance apps like Earnin, Dave and Brigit, allow you borrow small amount from your next salary before you receive it. In case you are in need of money quickly, then these apps might be useful to you.
What Cash Advance or Payday Loan Apps Work With Cash App?
There are several cash advance apps that are compatible with cash app but not all offer what they claim to offer and some may even go as far as charging huge fees for their services.
Below are some cheap (free) Cash Advance apps that work with Cash App.
How to Link Cash Advance Apps to Cash App
There is no direct way to link Cash Advance apps to Cash App, so you will need to use a bank account as a mediator for the transaction. You have to note that the bank account that you will use here must be linked to both Cash App and the Cash Advance app. As soon as you have linked them, you can easily transfer money between the 2 apps using the bank account as a mediator.
You are able to use both traditional or online banks, but online banks are more suitable since they provide more advantages when it comes to flexibility in banking.
Well a good example of an online bank here is Chime. You can link Chime to Cash App and transfer money from Chime to Cash App and from Cash App to Chime.
The other option you have is to link the debit card or bank account that you have set up with these Cash advance apps, such as Dave, MoneyLion, in Cash App. Once you link them, you will be able to access funds from these payday advance apps on your Cash App.
From here now, you can transfer the borrowed funds to your Pay App account or Cash out your Cash App balance to similar advance accounts. But this is putting up a direct fintech-to-fintech relationship, which is not ideal but at least gets the job done.
CHECK ALSO: Top 5 Best International Money Transfer Apps.
Does Dave Work With Cash App?
You are able to add your Dave debit cad as a payment option in Cash App if you use Dave and have a Dave spending account. In this way, you are able to transfer money from Cash App to your Dave account as well as withdraw money from Dave to use for Cash App payments.
NOTE that Dave does not accept instant deposit from the Cash App to the Dave Spending Card - which normally works for other debit cards. The time taken for a normal deposit transfer is close to 5 business days.
Dave provides its users with paychecks cash advances in exchange for $1 monthly subscription fee and the linking of an eligible external bank account or Dave's personal checking account with eligible deposits.
If you want to enjoy a cash advance of close to $250, you will have to link an eligible bank account.
As soon as you open a checking account with Dave, you will automatically receive the Dave debit card and after which you can add the card to Cash App which will be used as s funding source for your Cash App account.
How to Add a Dave Debit Card to Cash App
As soon as you obtain your Dave debit card, you can follow the steps below to add your Dave debit card to Cash App.
- Login to Cash App.
- Click on the bank icon that you will see on the bottom of the home screen.
- Next, Click on "Link Bank" and then enter your Dave card number.
- Now you will have to follow the on screen instructions and complete the verification process.
- Your Dave account will be linked to Cash App.
- Once it is done, you have to go back to Cash App's home page.
- Tap on the bank or $ icon and choose "Add Cash".
- Now Enter the amount you will want to add.
- Tap on the "Add $" button.
- Verify your identity.
- Your money will be transferred from Dave to Cash App.
Does MoneyLion Work With Cash App?
You are able to use your Cash App to withdraw money from your Cash App account to your MoneyLion account by adding your MoneyLion debit card to Cash App.
You can get hold of the MoneyLion debit card by simply signing up for RoarMoney. If you enter your RoarMoney card details to the Cash App, you may then use the "instant transfer" option. Instant transfer to linked debit cards are supported through Cash App but have in mind that some time when transferring money from from fintech debit cards, you may encounter some delays.
Another way out for you, is to use the manual approach to add your Cash App account to Roar Money by providing your Cash App account and routing number. This is a normal ACH transaction that will take 1-3 business days to complete.
MoneyLion is a membership-based company that offers a "InstaCash" (interest -free) product that lets you borrow up to $250 before your next payday and it also short term financing.
You can make use of an external bank account to verify your direct deposit and balance history in MoneyLion but there are a few points that you should have in mind while linking an external bank account to MoneyLion. Below are the conditions that shows if you are qualified:
- The bank account you want to link has been open for at least 2 months and receive regular income/paycheck deposits.
- It has a good balance.
Does Chime SpotMe Work With Cash App?
You cannot use SpotMe for direct direct debits (such as paying a bill via ACH), transfers to applications like Venmo/CashApp/Pay Friends transfers or Chime Checkbook transactions if your a Chime customer.
You are able to make use of Chime with Cash App by adding your Chime Debit Card or Chime bank account as a payment option in Cash App.
If you have already signup for Chime, you can use Chime SpotMe to obtain a Cash advance of up to $200 with respect to your direct deposit.
Does Albert Work With Cash App?
Provided you have an Albert Savings account with a card, you can link it to Cash App and use it to transfer money from Albert to Cash App as required. You can also make use of an instant deposit to transfer your Cash App funds to this card.
It is necessary you have in mind that if you want to link your Cash App card to Albert App, then it will not work.
From information written in the Albert website, you must link a debit card to a bank account where you obtain your salary in order to gain access to Albert instant (Cash Advance service). Albert Instant does not accept prepaid or cash card since they lack the requisite capability to receive and repay cash advances.
Below is a list of Prepaid cards that are not supported by Albert.
- Money Network Pay Card.
- Walmart Money.
- American Express Serve.
- BankMobile Vibe.
- AccountNow Prepaid Visa.
It is not mentioned by Albert that they do not support the Cash App card but do not be surprise that they reject the Cash Card.
ALSO CHECK: Where Can I Load My Cash App Card.
How to Borrow Money From Cash App
Cash App has also put in place its own Borrow feature, which lets you borrow money from Cash App up to a certain amount. Since the Cash App borrow feature is still being tested, it is not yet available for everyone.
It is actually not easy to tell exactly who is eligible for Cash App Borrow. There is no official notice on who may and cannot borrow money from Cash App. Also, the Cash App loan idea is still undergoing some test and for this reason, loans are limited between $20 to $200.
Once you see the "Borrow" option in your account, then just know that you are eligible for Cash App loan. Aside from that, a Cash App expert tells Redditors that the following factors may be to blame:
- State of Residence - The Cash App Borrow feature is not currently available to all US residents.
- Credit History - Your current credit score may not be in the range to qualify.
- Cash App Use - It is of no doubt that, the Cash App loans are surely eligible to the most active Cash App users.
- Direct Deposit - Cash App may be allowing those with direct deposits test out loans first.
- Cash Card Usage - Priority may be given to individuals with an active Cash Card debit card.
In order to borrow money from Cash App, you will first of all have to unlock borrow on Cash App and then choose the amount that you are allowed to borrow on Cash App.
Final Thoughts on What Cash Advance Apps Work With Cash App
Cash advance apps in simple terms can be referred to as those apps that lets you get your money before the payday. These Apps allow you to receive your money before the payday and can be very helpful in times of emergency. It is of no doubt that there are several Cash advance apps out there but what cash advance app work with Cash App?
Well in this article, we have outlined some of the best Cash Advance apps that works with Cash App, so hope you find this guide helpful to you.
Frequently Asked Questions
Can I get a cash advance with Cash App?
With Cash App Borrow, you can borrow up to $200. The minimum loan amount is $20. You have up to four weeks plus a grace period of one week to repay the loan plus a 5% flat fee.
What Is the Maximum Amount I Can Borrow From Cash App?
Cash App lets you borrow a maximum of $250 at once. The average range is from $20 to $200.
What cash advances work with Cash App?
There are many Cash advance Apps that work with Cash App. Some of them include Dave, MoneyLion, Earnin, Chime SpotMe and many others.
Does Earnin Work With Cash App?
No, Earning does not work with Cash App and for this reason, you will not be able to use Cash App card because they do not suppot transfer to prepaid accounts.