12 Best Cash Advance Apps Like Brigit for Cash Advances
Fortunately, there are many options that go toe-to-toe with cash advance apps like Brigit. They comprise the best alternatives, like Current, Dave, and others that offer financial services similar to the Brigit app. We shall see!
Brigit is a financial tool designed to help you bridge the gap between paychecks.
Brigit delivers several free banking features but is best known for offering up to $250 in cash advances until your next payday with no interest charges.
However, not all Brigit customers can borrow the full $250, and some are offered loans as low as $20 or nothing at all.
Brigit reached a settlement with the Federal Trade Commission over allegations that the firm’s promises of $250 advances were “deceptive” and that the service was difficult to cancel.
If these developments make you question whether Brigit is the right call for you, here are 12 cash advance apps like Brigit and 3 peer-to-peer alternative options.
12 Best Cash Advance Apps Like Brigit App
Brigit app is a fantastic option for bank account holders who often overdraft their accounts, especially when you’re running low on cash just before your next payday.
Brigit integrates with your primary bank account to alert you when you’re close to risking an overdraft.
If you qualify for Brigit’s cash advance feature, Brigit can automatically spot the overdraft amount to stop you from paying overdraft fees.
Let’s see what the 12 other cash advance apps offer and how you can make the most of their services.
1. Dave ExtraCash
I rate the Dave app as the best option because it offers the opportunity for the largest advance on this list.
Dave members can use the ExtraCash service to get a $500 cash advance transferred to their account, which is free of interest charges or late fees.
You can spend the funds on anything you like, from gas to groceries to rent. Though cheaper than Brigit, Dave does charge a $1 monthly membership.
- Advance amount: Up to $500 per payment period
- Processing time: 2–3 working days. Their instant feature hastens the process for $0.99–$3.99
- Repayment date: Your subsequent payday
- Membership fee: $1.00
You should retain at least three regular deposits to be eligible. A consistent income history and responsible spending habits will also enhance your profile.
You can increase your advances by holding a total monthly deposit of $1,000 or more.
You can improve your eligibility when you link your bank and post a 60-day account history of positive balances.
Like other apps on this list, Dave presents a function to get paid up to two days earlier than your traditional bank if you set up a qualifying direct deposit.
Just like Brigit, you’ll gain access to a large portfolio of businesses that offer gig work for you to earn a side hustle.
Dave’s express fee to the Spending account ranges from $1.99 to $9.99, depending on the size of your cash advance.
You can also forward the cash advance to an external debit card within 1 hour. Dave’s card transfer fees range between $2.99 and $13.99.
2. Current Overdrive
Current Overdrive delivers the Overdrive feature, granting access to up to $200 without incurring overdraft fees.
To be eligible, you must have received $500 or more in qualifying deposits into your current account within the past 30 days:
- Advance amount: Between $25 and $200
- Processing time: Immediate
- Repayment date: Within 60 days.
- Membership fee: None
Beyond its borrowing feature, Current Overdrive boasts saving pods with competitive APY rates, a credit builder card, and the opportunity to receive your salary up to two days earlier.
Current Overdrive offers a points program for spending at participating merchants and doesn’t impose any monthly fees.
Additionally, Current Overdrive delivers a robust network of 40,000 fee-free ATMs and the convenience of depositing paper checks.
3. EarnIn Cash Out
Earnin has its “Cash Out” feature, which enables 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 earnings and employment. If you have a consistent source of revenue, EarnIn can assist you spread out access to your paycheck throughout the month.
- Advance amount: Up to $750 per payment period
- Processing time: 1-2 working days. “Lightning Speed” feature quickens the process for $0.99–$3.99
- Repayment date: Your next payday
- Membership fee: None
Instead of transferring funds to your main bank, you can use their EarnIn Card, a Visa contactless card.
This card allows immediate access to your earnings, enabling you to spend up to $1,500 each day.
You can also grab a no-fee cash advance of up to $300 every day from an ATM through the card. EarnIn does not present a credit builder but provides credit monitoring software.
The credit monitor tracks your various lines of credit and informs you when you have payments and when you risk decreasing your credit score.
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4. Varo Advance
Varo presents 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 lets you borrow up to $250.
- Advance amount: Between $20 and $250
- Processing time: Instant
- Repayment date: Pick your own date, within 15 to 30 days.
- Membership fee: None
While no interest fee is demanded, a fixed fee ranging between 6% and 8% will accompany every cash advance exceeding $20.
In addition to its borrowing feature, Varo delivers a credit builder card and a checking account without a monthly maintenance fee.
Compared to other cash advance apps on this list, Varo is a duly licensed bank in the United States and a member of FDIC.
5. Empower Cash Advance
Empower.me delivers the cash advances you need by linking your primary bank account via Plaid. Its cash advance offers range from $10 to $250.
- Advance amount: Up to $250 per payment period
- Processing time: 2–5 working days. Immediate delivery for $1.00-$8.00
- Repayment date: Empower cash advance sets a flexible date within the app
- Membership fee: $8
Empower assesses your eligibility for a cash advance by reviewing sources of income and transaction history in your primary checking account, which it can do with integration with Plaid.
Like Brigit and other apps on this list, Empower needs no credit checks from you. Empower sets a repayment date, which you will be able to review before taking the cash advance.
If you do not pay on time, you will be able to flexibly reset the date, and Empower firm will not charge late fees or interest.
6. Cleo AI platform
Cleo is a banking app with the attitude of roasting your spending habits or praising you for making smart choices.
Cleo delivers quite a few services, but cash advances of up to $250 require a “premium” membership that costs $5.99 per month.
If you need the cash immediately, expect to pay another $4 for instant transfers.
And don’t expect to be able to get the full $250 immediately. Most clients have to work their way up to the maximum.
- Cleo delivers advances up to $70 for your first advance
- Advances are only open to premium subscribers
- Premium membership costs $5.99 each month
- There are no credit checks
- There are no late or interest fees
7. Albert Instant
Albert is another app that gives access to cash advances of up to $250.
To qualify, establish a direct deposit setup and provide evidence of steady income for at least the past 60 days from the same employer.
Like Brigit, Albert’s instant cash advances don’t impose interest or late fees. You’re entitled to up to three cash advances during each pay period, with the total capped at $250.
- Advance amount: Up to $250
- Processing time: 2-3 working days, or instant loans for a small fee
- Repayment date: Your subsequent payday
- Membership fee: None (Genius plan is $14.99 per month)
Albert presents an optional premium membership known as “Genius,” which costs $96 each year. This subscription unlocks additional features, like investment options.
In my 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 can be canceled after 30 days if you do not want to pay the full year’s membership fee.
8. FloatMe loans
FloatMe delivers small loans of up to $50 per pay period.
However, the loan maximum is small in proportion to the subscription charge, which recently increased to $3.99 per month, and new members may only be eligible to “float” themselves $10.
- FloatMe offers advances of up to $50
- There are no credit checks
- Membership costs $3.99 each month
9. Revolut Early Salary
Revolut doesn’t have a loan feature but does have the “early salary” feature.
If your salary is directly deposited into your Revolut account, you’ll be able to obtain your funds up to two days earlier than traditional banks.
- Early salary: Don’t wait on your traditional bank
- Processing time: 2 days early
- Fees: No payments
- Membership fee: None
Revolut extends its appeal with features that let you manage and block unwanted subscriptions, and access secure savings vaults with attractive APY rates.
You can also earn rewards from participating merchants, and enjoy travel perks as a paid member.
Unlike Brigit and the other cash advance apps, Revolut delivers a multi-currency account supporting 28 foreign currencies for exchanging up to $1,000 per month without charges.
In addition to cheap international money transfer capabilities, Revolut grants access to a fee-free network of 55,000 ATMs, budgeting features, and more.
10. Klover Paycheck Advances
Klover gives paycheck advances up to $200. There is no monthly membership charge, and they don’t charge interest or fees.
However, Klover mines information. If that makes you uncomfortable, you’re better off picking another option.
- There are no credit checks
- Daily sweepstakes lets users win up to $100
- Klover awards “boosts” for concluding activities. Boosts can be achieved for higher cash advances
11. MoneyLion Instacash
MoneyLion Instacash program presents advances of up to $500 (or $1,000 if you subscribe to other MoneyLion products).
Any kind of income or recurring deposits, including government benefits, can help you qualify. No monthly fee and no credit checks are required for InstaCash.
However, it will probably need access to your current bank accounts, and you’ll have to pay a fee ranging from $1 to $19.99 for “Turbo” transfers.
MoneyLion’s additional services include banking, financial planning, credit building, investing cash back, and more.
- MoneyLion proposes advances up to $500 with its InstaCash program.
- There are no credit checks or interest charges.
- Membership costs anywhere from $0 to $19.99. The cost will depend on how many services you opt for.
- Its services include InstaCash, banking, investing, financial planning, credit building, and cryptocurrency.
12. Possible Finance
Possible Finance is a little different than the others. It offers short-term installment loans with a longer repayment period. However, Possible Finance charges interest.
These don’t have to be repaid from your next paycheck, and there’s no monthly subscription cost. The disadvantages are high fees, and Possible Finance is only available in some states.
Although interest rates on a Possible Finance loan are high, averaging around 150% APR, they’re still less than what you’d pay a payday lender.
Possible Finance will likely handle a soft credit check, but it says your credit score will not be a factor for approval, and it will not run a hard credit check after you complete a loan application.
- It offers loans of up to $500
- There is also a soft credit check
- Fees vary between $10 and $25 per $100. The amount is fixed by your state regulations and how much you borrow
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3 Peer-to-Peer Alternatives to Cash Advance Apps
Peer-to-peer (P2P) lending apps are platforms that link borrowers and lenders.
With these apps, the lender is usually an individual or small group of people who combine their resources to help someone else.
There are multiple P2P lending platforms and apps out there. Below are three of the best:
1. SoLo Funds
SoLo Funds uses social clout as one of its primary factors in deciding how much risk a borrower poses to potential lenders.
The process begins when a borrower posts a request on the platform. It is up to the borrower to make their request appear as “desirable” as possible to potential lenders.
Many borrowers do this by showing large “tips” to lenders, agreeing to high interest rates, etc. The borrowers browse the posts and fund the requests they like most.
Over time, as users borrow and repay their loans, they secure a “SoLo Score.”. The higher the score, the more they will be able to borrow, and the better they will look to lenders.
2. LenMe
LenMe also adds a social aspect to its platform. With LenMe, the lender competes for the borrower’s attention.
The process begins like Solo Funds: a borrower posts a loan request, and LenMe assigns a loan score based on credit scores, debt-to-income ratio, and LenMe borrowing history.
Then, instead of the borrower attempting to make their request seem as desirable as possible, the lenders compete to offer the best terms and rates. The borrower chooses which offer they like the most.
3. PockBox
PockBox operates a little differently than SoLo Funds and LenMe. Instead of connecting borrowers with peers, PockBox links borrowers to lending companies.
The process begins with a person filling out a loan “application” and inputting their banking information.
PockBox compares the applicant’s data (credit score, banking history, etc.) with the lenders in its list.
Then, PockBox gives the borrower a list of lenders whose demands match the borrower’s information.
The borrower then submits their application to each lender on the list until they are approved for a loan.
The Bottom Line
Payday lenders are not the best option if you need money quickly. An inexpensive substitute could be an app similar to Brigit. However, not everyone will find Brigit to be the ideal option.
Fortunately, there are many options to help you select the program whose features best suit your financial circumstances, and they are present in this post.
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