5 cash advance apps that work with PayPal (2024)

Chime SpotMe®

Chime is an online banking platform, with its SpotMe feature recognized for its quick transactions and absence of fees, making it a dependable choice for many users. If you're a Chime customer with an active debit card, its SpotMe feature can help you avoid costly overdraft fees.

To qualify for SpotMe, you must have a qualifying direct deposit of at least $200 sent to your Chime checking account every month. While $20 in overdrafts isn't much, Chime may raise your overdraft feature limit up to $200 based on your direct deposit activity, spending habits and other factors.

• Available in all states

• Chime is an online banking platform, with its SpotMe feature recognized for its quick transactions and absence of fees, making it a dependable choice for many users. If you're a Chime customer with an active debit card, its SpotMe feature can help you avoid costly overdraft fees.

  To qualify for SpotMe, you must have a qualifying direct deposit of at least $200 sent to your Chime checking account every month. While $20 in overdrafts isn't much, Chime may raise your overdraft feature limit up to $200 based on your direct deposit activity, spending habits and other factors.

• Pros

  • Low $200 qualifying amount in last 34 days
  • Can be accessed by gig workers and full-time employees
  • Peer-to-peer compatibility with PayPal, CashApp and Venmo
  • No fee service

  Cons

  • Lower customer service ratings
  • Won't cover non-debit card purchases such as ACH transfers
  • Can only overdraw up to $20 at the beginning of service

• Loan amount	Up to $200
  Loan Term	Next deposit
  Turnaround time	Instant

Varo Cash Advance

Varo Advance, provided by Varo Bank, offers instant access to up to $100 in cash through the Varo Bank app, with no interest and only a small fee per advance. Upon qualification, customers are assigned a credit limit ranging from $20 to $250 based on their account activity, balances and direct deposits. If you make regular on-time payments, Varo may increase your limit up to $500.

Most cash advance apps require repayment by your next payday, but Varo allows up to 30 days to repay — plus, you get to choose your repayment date. With Varo, you control how and when you pay back your advance.

• Varo Advance, provided by Varo Bank, offers instant access to up to $100 in cash through the Varo Bank app, with no interest and only a small fee per advance. Upon qualification, customers are assigned a credit limit ranging from $20 to $250 based on their account activity, balances and direct deposits. If you make regular on-time payments, Varo may increase your limit up to $500.

  Most cash advance apps require repayment by your next payday, but Varo allows up to 30 days to repay — plus, you get to choose your repayment date. With Varo, you control how and when you pay back your advance.

• Pros

  • Flexible repayment date
  • Immediate transfer available within minutes
  • No interest added to payments

  Cons

  • Need $800 minimum in Varo Bank account or linked savings
  • Not ideal for freelancers or gig workers
  • Fees range from $1.40 to $40 per transaction

• Loan amount	Up to $500
  Loan Term	15 to 30 days
  Turnaround time	Instant but charges a fee

Dave ExtraCash

Dave is a well-known banking app that offers small cash advances of up to $500, in addition to credit-building services and automatic budgeting tools. The app charges a Undisclosed monthly membership fee for its services and a small fee for “Express” funding, which allows users to receive their advance in less than eight hours. Unlike some of its rivals, Dave is recognized for waiving overdraft fees for its customers and providing various features, including overdraft warnings and budgeting tools.

• Available in all states

• Dave is a well-known banking app that offers small cash advances of up to $500, in addition to credit-building services and automatic budgeting tools. The app charges a Undisclosed monthly membership fee for its services and a small fee for “Express” funding, which allows users to receive their advance in less than eight hours. Unlike some of its rivals, Dave is recognized for waiving overdraft fees for its customers and providing various features, including overdraft warnings and budgeting tools.

• Pros

  • Two delivery speeds
  • No fees or interest for basic plan
  • Side hustle extra cash feature

  Cons

  • Fees may range from $3 to $15 for immediate transfer
  • Short repayment date (next paycheck)

• Loan amount	Up to $500
  Loan Term	Varies
  Turnaround time	Up to 3 business days or instant for a fee

MoneyLion Instacash advances

MoneyLion provides Instacash, a cash advance service that offers interest-free cash advances of up to $500, with the potential to increase to $1,000 based on qualifying income. This service, available through the MoneyLion app, does not require a credit check, making it a convenient option for users in need of quick funds.

• Available in: Alabama, Arizona, California, Delaware, Florida, Georgia, Idaho, Illinois, Kansas, Louisiana, Maryland, Michigan, Missouri, New Mexico, North Dakota, Oklahoma, South Carolina, South Dakota, Texas, Utah, Washington, Wisconsin, Wyoming

• MoneyLion provides Instacash, a cash advance service that offers interest-free cash advances of up to $500, with the potential to increase to $1,000 based on qualifying income. This service, available through the MoneyLion app, does not require a credit check, making it a convenient option for users in need of quick funds.

• Pros

  • No interest or monthly fees with basic plans
  • 24-hour customer service, 7 days a week
  • One-stop shop for loans, insurance or even landing a side hustle

  Cons

  • Funds can take up to five days unless you pay a fee
  • Your bank account must have a positive balance and be two months old
  • Need to pay Free (or $1 to $5 for RoarMoney account) a month to unlock $700 in InstaCash

• Loan amount	Up to $500 or $1,000 with RoarMoney account
  Loan Term	Due by your next pay date
  Turnaround time	Up to 5 days or instant for a fee of $0.49 to $8.99

DailyPay pay advance app

DailyPay is an on-demand pay platform that lets workers access their earned pay early. The platform is compatible with various payment methods, including debit cards, although not all US banks support direct transfers to debit cards. Unlike some competitors, DailyPay is not a loan or a paycheck advance but rather a means for employees to transfer their already-earned pay to their bank account or card, offering a convenient alternative to traditional payday cycles.

• Available in all states

• DailyPay is an on-demand pay platform that lets workers access their earned pay early. The platform is compatible with various payment methods, including debit cards, although not all US banks support direct transfers to debit cards. Unlike some competitors, DailyPay is not a loan or a paycheck advance but rather a means for employees to transfer their already-earned pay to their bank account or card, offering a convenient alternative to traditional payday cycles.

• Pros

  • Can transfer up to five times a day up to a collective $1,000 limit
  • You can access 100% of your earned income
  • Can transfer immediately, even on weekends and holidays

  Cons

  • Can only access if employer has partnership with DailyPay
  • Poor customer service rating
  • Not supported by all US banks

• Loan amount	Up to 100% of earned wages, $1,000 daily limit
  Loan Term	Not stated
  Turnaround time	Next business day or instant with a DailyPay card or for a fee