Cash advance apps are becoming increasingly popular in the financial space.
In fact, the total cash advance app is about to cross 12 million users by the end of 2023 which was around 7.5 million in the year 2021.
Of course, this shows how people find convenience when using cash advance apps for their financial needs. After all, there's nothing more cool than getting cash quickly before your next paycheck.
If you're a Cash App user and looking for cash advance apps that work with Cash App, you might be wondering which ones are the best. While there are several cash advance apps available, Cash App only works with a few of them.
In this article, I've reviewed and ranked the best cash advance apps that work with Cash App.
Table of Contents
What are Cash Advance Apps?
Cash advance apps allow you to deposit money into your bank account that you've already earned before payday.
These apps are usually free or require a small fee, but there is no interest charged on the loans. These are cheaper options than payday loans or even credit cards, even with the upfront costs.
Earnin, Dave, and Brigit are cash advance apps that allow you to borrow a little amount from your next salary before you receive it. If you need money quickly, this quick fix may be useful, but be sure you don't have any cheaper options before borrowing through an app.
What Cash Advance/Payday Loan Apps Work With Cash App?
There are many Cash Advance apps that work with Cash App but not all offer what they claim to offer. Some may charge huge fees for their services.
Here are some cheap (free) Cash Advance apps that work with Cash App.
How to Link Cash Advance Apps to Cash App
Cash Advance apps cannot be directly linked to Cash App. In this case, you will need to use a bank account as a middleman or bridge for the transaction. The bank account used here must be linked to both Cash App and the Cash Advance app. Once linked, you can easily transfer money between both apps using the bank account as an intermediate.
You can use both traditional and online banks. However, online banks provide more advantages when it comes to flexibility in banking. A good online bank here is Chime. You can also link Chime to Cash App and transfer money from Chime to Cash App and from Cash App to Chime.
Another option is to link the debit card or bank account that you have set up with these cash advance apps, such as Dave, and MoneyLion, in Cash App. This will allow you to access funds from these payday advance apps on your Cash App.
You can then transfer the borrowed funds to your Pay App account or cash out your Cash App balance to similar advance accounts. This is, however, putting up a direct fintech-to-fintech relationship, which isn't ideal but gets the job done.
Does Dave Work With Cash App?
Yes, Dave does work with Cash App through the Dave debit card.
You can add your Dave debit card as a payment option in Cash App if you use Dave and have a Dave Spending account. This way, you can transfer money from Cash App to your Dave account as well as withdraw money from Dave to use for Cash App payments.
Dave does not accept instant deposits from the Cash App to the Dave Spending Card (which normally works for other debit cards). A regular deposit transfer, according to Dave, can take up to 5 business days.
Dave offers paycheck cash advances in exchange for a $1 monthly subscription fee and the linking of an eligible external bank account or Dave's personal checking account with eligible direct deposits.
A cash advance of up to $250 is possible. However, you'll need to link an eligible bank account.
When you open a checking account with Dave, you automatically receive the Dave debit card. After that, you can add this card to Cash App which will be used as a funding source for your Cash App account.
How to Add the Dave Debit Card to Cash App
- Login to Cash App.
- On the bottom of the home screen, click on the bank icon.
- Next, click on "Link bank".
- Enter your Dave card number.
- Follow the on-screen instructions and complete the verification process.
- Your Dave account will be linked to Cash App.
- Now, go back to Cash App's homepage.
- Tap on the bank or dollar icon.
- Choose "Add Cash".
- 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?
Yes, MoneyLion does work with Cash App through the RoarMoney card.
You can transfer money from your Cash App account to your MoneyLion account by adding your MoneyLion debit card to Cash App.
If you sign up for RoarMoney, you can acquire the Money Lion debit card.
If you enter your RoarMoney Card details into the Cash app, you may then use the "instant transfer" option. Instant transfers to linked debit cards are supported via the Cash App. However, keep in mind that there are times when transferring funds to fintech debit cards that there are delays.
Alternatively, you can 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 regular ACH transaction that will take 1-3 business days to complete.
MoneyLion is a membership-based company that offers an "InstaCash" (interest-free) product that allows you to borrow up to $250 before your next payday. It also offers short-term financing.
You can also utilize an external bank account to verify your direct deposit and balance history in MoneyLion. There are a few things to keep in mind while connecting an external bank account to MoneyLion to ensure that you are qualified under their conditions which are;
- The bank account has been open for at least two months and receives regular income/paycheck deposits.
- It has a good balance.
Does Earnin Work With Cash App?
No, Earnin does not work with Cash App. You won't be able to use your Cash App card because as per Earnin, they don't support transfers to prepaid accounts.
Does Chime SpotMe Work With Cash App?
Yes, Chime SpotMe works with Cash App but not directly. You'll need to link your Chime debit card to Cash App or use a bank account as a bridge between Chime SpotMe and Cash App.
SpotMe cannot be used for direct debits (such as paying a bill via ACH), transfers to applications like Venmo/Cash App/PayPal, Pay Friends transfers, or Chime Checkbook transactions if you are a Chime customer.
By adding your Chime Debit Card or Chime Bank account as a payment option in Cash App, you can utilize Chime with Cash App as well.
If you've signed up for Chime, you can use Chime Spot Me to get a cash advance of up to $200 (depending on your direct deposit).
Also Read: Online Stores That Accept Cash App
Does Albert Work With Cash App?
If you have an Albert Savings account with a card, you can link it to Cash App and use it to transfer funds from Albert to Cash App as needed. You can also use an instant deposit to transfer your Cash App funds to this card.
However, if you want to link your Cash App Card to Albert App, it won't work.
According to the Albert website, you must link a debit card to a bank account where you get your salary in order to gain access to Albert Instant (cash advance service). Albert Instant does not accept prepaid or cash cards since they lack the requisite capability to receive and repay cash advances.
Below is the list of prepaid cards that are not accepted by Albert.
- Walmart Money
- BankMobile Vibe
- AccountNow Prepaid Visa
- American Express Reserve
- Money Network Pay Card
Albert doesn't mention they don't support the Cash App card but they might deny the Cash card.
How to Borrow Money From Cash App
Cash App has also created its own borrow feature, which allows you to borrow money from Cash App up to a certain amount. The Cash App Borrow feature is still being tested and is not yet available to everyone.
Cash App competes with Cash Advance apps in some ways with the Cash App Borrow feature. Due to such competing interests, it is always difficult to guarantee compatibility when fintech is linked to fintech.
If the Borrow option appears to be operational in your Cash App, you can use it to obtain a $20 to $200 loan. This, however, is not recognized to be a low-cost choice.
To borrow money, Cash App charges a flat fee of 5%, plus an additional 1.25 percent every week after the grace period. As a result, it may be more expensive than other apps, but it may be easier to set up and manage.
Follow the steps below to borrow money from Cash App.
- Login to Cash App.
- Select the banking or my cash tab.
- Scroll all the way down and select borrow.
- On the next screen, Cash App will show you the maximum amount that you can borrow.
- Select the amount and choose to borrow.
Frequently Asked Questions
Do any cash advance apps work with Cash App?
There is no cash advance app that work directly with Cash App as of this writing. All the others might work indirectly.
What app lets you borrow with Cash App?
You don't need an app to borrow money from Cash App. Cash App borrow allows eligible users borrow money from the platform without having to use any app.
Final Thoughts on What Cash Advance Apps Work With Cash App
Cash Advance apps allow you to borrow money before your next payday. They are a significantly less expensive alternative to traditional banks' overdraft facilities, which come with high costs.
Cash Advance apps don't work directly with Cash App. In this case, you will need to use a bank account or debit card as a bridge for the transaction. The bank account must be linked to both apps for this to work out.
Some Cash Advance apps such as Earnin, Albert will work with Cash App. However, before going in for Cash Advance apps, make sure you have tried out other cheaper options.