17 Best Apps Like FloatMe In 2024 [Top FloatMe Alternatives]

Updated On: 03/14/2023
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Are you looking for a cash advance app that can bridge the gap between your paychecks? Look no further than FloatMe – the premier cash advance app on the market. But maybe you are looking for other FloatMe alternatives?

Whatever the case, we’ve compiled a list of apps like FloatMe that will meet all your needs and help make managing your finances easier and more efficient.

From traditional payday loans to lines of credit, these fascinating apps provide quick access to cash with minimum effort from borrowers. We explore each option in detail so you can find one that works best with your financial situation!

What Are Cash Advance Apps?

What Are Cash Advance Apps?

Cash Advance apps are mobile applications that allow users to borrow money quickly and easily. These apps typically offer smaller loan amounts than traditional lenders, with many providing access to up to a few hundred dollars.

Cash Advance apps often require no credit check or collateral, making them an accessible option for individuals with a limited credit history or financial resources.

Funds are typically deposited directly into the user's bank account within minutes of approval, providing quick access to much-needed cash.

While Cash Advance apps can be a helpful tool for managing unexpected expenses or bridging gaps between paychecks, it's important to carefully review the terms and fees associated with each app before borrowing money.

How Cash Advance Apps Earn Money?

How Cash Advance Apps Earn Money?

Cash Advance apps typically make money through service charges, late payment fees, and penalties for defaulting on a loan. Additionally, many Cash Advance apps offer extra services such as overdraft protection or credit monitoring for additional fees.

App developers may also monetize their products with advertisements or data-sharing agreements with other businesses. Finally, some Cash Advance apps are affiliated with banks or private lenders that charge interest rates and fees on the loans they provide.

What Is FloatMe?

What Is FloatMe?

FloatMe is a leading cash advance app that offers users a convenient and accessible solution for managing their finances. The platform allows individuals to borrow up to $50 in between paychecks, with no credit check required.

Funds are deposited directly into the user's bank account within minutes, providing quick access to much-needed cash.

To use FloatMe, individuals must become members of the platform by paying a monthly fee of $1.99. This small investment can help users avoid costly overdraft fees and provide peace of mind when unexpected expenses arise.

FloatMe also offers several features designed to help users better manage their money. The platform provides real-time notifications for upcoming bills and potential overdrafts, allowing individuals to stay on top of their finances and avoid unnecessary fees.

Additionally, FloatMe includes automatic savings tools that help users build up emergency funds and reach their financial goals.

No credit check
Fast funding
Builds up your emergency expenses
No interest payments
Money is deposited into your bank account within minutes
Real-time notifications of upcoming bills and potential overdrafts
Not available for self-employed people
Accesses your bank account
No credit-building potential

Apps Like FloatMe: Top 17 FloatMe Alternatives

Apps Like FloatMe: Top 17 FloatMe Alternatives

There are several cash advance apps that are similar to FloatMe, with each offering its own array of benefits and drawbacks. Here is a list of some of the 17 best apps like FloatMeiIn 2024:


Empower is an innovative cash advance app that provides users with a unique alternative to FloatMe. With Empower, users can borrow up to $250 with an affordable monthly subscription fee of $8.

The app has been designed with the user in mind and offers several features that make borrowing money quick and easy. One such feature is the Empower Card, which allows users to access their funds instantly. This feature eliminates the need for waiting periods or long processing times associated with traditional lending institutions.

Additionally, Empower offers a range of auto-saving and budgeting tools that help individuals better manage their finances. These tools are especially useful for those looking to improve their financial situation and make smarter decisions about spending and saving.


  • Simple and inexpensive platform to borrow money.
  • Offers automatic savings and budgeting features.
  • Cheaper than an overdraft fee.


  • This may lead to a habit of borrowing money against future earnings.
  • Access its user's bank account.
  • Users can't customize the borrowing amount.


Earnin is a paycheck advance app that has earned its spot on our top FloatMe alternatives list. This innovative platform provides an invaluable service to individuals who experience infrequent emergencies and require quick access to extra cash in their bank accounts.

With Earnin, users can easily access up to $750 without incurring mandatory fees or interest, depending on the amount of their paycheck.

This feature is particularly beneficial for unemployed or underemployed individuals who may not have the option of applying for loans from traditional financial institutions but still require financial assistance.

By providing a flexible and accessible solution, Earnin helps to bridge the gap between emergency expenses and limited financial resources.


  • No mandatory fees.
  • No interest on borrowed amounts.
  • Faster deposits.


  • This may lead to unhealthy borrowing habits.
  • Access its user's bank account.

MoneyLion Instacash

MoneyLion Instacash is a borrowing platform provided by MoneyLion Bank. This borrowing platform allows customers to easily borrow money in between paychecks without going through the hassle of applying for loans from financial institutions.

Any unexpected expenses can be covered with MoneyLion Instacash, which makes it a great alternative to traditional payday loans.

Instacash enables you to borrow 250$ maximum and if you have a MoneyLion bank account you will get to borrow more dollars.

Though this app doesn't have any fees, it has "turbo fees". A turbo fee from 0.49$ to 5.99$ amount will be deposited into your MoneyLion account within a few minutes.

External bank accounts receive the money within three to five days and a turbo fee from 1.99$ to 8.99$ money will be deposited into your account within a few hours.

Users have to repay loans within 14 days and annual interest is 156% which is far lower than credit cards and personal loans.


  • Cheaper than any overdraft free.
  • Can be borrowed money without fees.


  • This may lead to unhealthy financial habits.
  • Takes a few days to receive payments.
  • Will need to have a MoneyLion bank account to borrow more dollars.


Albert is a comprehensive budgeting and money management app that offers financial solutions for customers. Top features like automated savings, cash advances against paycheck, insurance options, custom saving portfolio, and human advisor are available for free.

While your paycheck account is connected with Albert you will get 250$ cash advances every time you need it.

Money will be deposited in your bank account within three days and you have to repay the loan once you receive your paycheck. The interest rate is 0%.

The automated saving feature uses an algorithm that monitors your spending behavior and suggests how much you can afford to save every week.

Also if your funds are low Albert will send you the paycheck two days earlier and if you subscribe to their app you will get a human advisor that helps you to understand your financial situation and answers your every query. With all the features and services, Albert makes a great FlaotMe alternative.


  • Gives you a bird's eye view of your financial life.
  • Takes only one dollar to begin a commission-free investment.
  • Monitors your spending and helps you to save.
  • It provides bank-level security like all the major banks.


  • Customer service can only be reached through email and text.
  • The investment option does not contain any retirement plan.


If you require a small amount of money, the Cleo app may be a viable option to consider. For a monthly fee of $5.99 and an annual subscription fee of $2, users can access both a money management tool and a cash advance feature.

It is important to note that the maximum borrowing limit is only $100, which may be lower than other alternatives in the market.

However, it is worth noting that if you require same-day access to the borrowed funds, an additional fee of $3.99 will apply on top of the subscription fees; otherwise, there may be a waiting period of a few days before receiving the funds.

Cleo also offers a unique credit-building feature in the form of its Cleo Builder Credit Card, which does not require a credit check and allows for cash advances at a rate of $14.99 per month.

It's important to keep in mind that these expenses combined can make Cleo more expensive than other alternatives available in the market.


  • Built-in money management tool.
  • No credit check is required to borrow money.
  • Interest-free cash advance.


  • Low cash advance amount.
  • Higher subscription fees.
  • Takes a few days to receive funds.
  • Lack of transparency in terms and conditions.


The Dave app is an excellent option for those who need to borrow money before their payday. With borrowing amounts ranging from $5 to $500, it can help cover emergency expenses that arise unexpectedly.

However, it's important to note that if you are late on your payment, you will be charged a penalty fee. Compared to other apps, Dave's fees are slightly higher with a monthly fee of $1 and an additional fee of $1.99 to $13.99 if you want the loan amount credited instantly to your bank account.

The Dave app provides a range of features to help users manage their finances better, including a spending account and budgeting tools that allow users to track expenses and set financial goals.

Additionally, the app offers side hustle ideas like becoming a rideshare or food delivery driver for those looking for ways to earn extra income. Overall, the Dave app is an excellent option for those seeking quick cash loans and financial management tools all in one place.


  • No interest is needed.
  • Sends balance updates to save you from overdraft.
  • Gives you side hustle ideas.


  • Lower borrowing amount.
  • Short repayment terms.
  • Higher fees than its competition.


Klover is a cash advance app that collects users' financial data to determine the amount of cash advance they can provide. Users must verify their paycheck information and link their bank account to receive an advance, with a limit of $100 and a waiting period of a few days.

Alternatively, users can pay certain fees ranging from $1.99 to $9.99 for instant access to up to $250 in cash. Klover promises to keep all user data encrypted and not sell it to third-party companies, ensuring the safety of personal information.

For those who require immediate funds before payday, Klover offers affordable rates and quick access to cash advances. However, it's important to use the service responsibly and only take out what can be paid back on time, avoiding high-interest loans or credit card debt.


  • No interest.
  • No credit check.
  • Affordable cash advance before payday.


  • Collects personal information.
  • Must have to connect your bank account with Klove.
  • Fees for cash advance expenditures.

Possible Finance

Possible Finance is an alternative to payday loans that offer high-interest installment loans to users with bad credit scores and credit history. While it has cheaper interest rates compared to payday loans, the rates are still relatively high, with APR ranging from 54.51% to 240.52%.

Users can borrow up to $500 in a few states, with origination fees of 2% of the loan amount. Repayment terms extend up to eight weeks.

To be eligible for a loan, users must maintain a positive bank balance every month, have a minimum income of $750 per month and have infrequent check returns.

It's worth noting that while Possible Finance may be an option for those who need quick access to funds despite their poor credit history, it should be considered as a last resort due to its high-interest rates.

It's important for users to carefully consider their financial situation and ability to repay the loan before taking out any form of borrowing.


  • Fast funding.
  • Borrowers can get money with no credit history and low credit scores.
  • Borrowers can choose and change the repayment dates.


  • High-interest rates.
  • Customer support is available only through email.
  • Charges orientation fees.


Chime is a financial technology company that offers instant loans and early paycheck access to its users. With loans starting at $100 and the possibility of being eligible for higher amounts, users can quickly access funds when they need them most.

The Chime app provides two solutions to cover shortfalls between paydays: Instant Loans and SpotMe. Both offer loan amounts ranging from $100-$200, providing an efficient way to cover unexpected expenses or emergencies.

However, it's important to note that Chime's Instant Loan charges a $5 interest rate for a $100 loan, which equates to an APR of nearly 30% in a three-month term.

Repayment of these loans can be made within three months, with the money automatically deducted from the user's checking account.

Proper planning for repayment of these loans is crucial to avoid any potential late fees or negative impact on credit scores.


  • Early access to your paycheck.
  • Ability to build credit.
  • Easy overdraft avoidance.


  • Only small loans are available.
  • You must use a Chime checking account.
  • High APRs in short-term loans.


DailyPay is a financial technology company that offers an innovative solution for individuals needing access to their earned wages before payday.

Unlike other apps in the market, DailyPay allows users to advance 100% of their earned wages with funds transferred to their account either within the next business day or instantly.

One major benefit of using DailyPay is that it automatically deducts taxes and other withholdings from the user's paycheck, preventing them from overborrowing. This feature sets it apart from other apps that only offer a few dollars or 50% of the user's income.

However, one limiting factor is that the user's employer must be a partner with DailyPay in order to utilize this service. Despite this limitation, DailyPay can be a valuable resource for those who need access to their earnings before payday without incurring high-interest rates or fees.


  • Gives 100% of your earned wages.
  • Doesn't require any social security number.
  • Savings are automated.


  • Must work under DailyPay Partner.
  • Unreachable customer support.
  • Negative customer reviews.


PayActive is a mobile app that provides cash advances against your paychecks. If your employer is enrolled in PayActive's EWA (Earned Wage Access) program, then you can get an advance on your paycheck up to two days before payday if you work for a private company and up to four days before payday if you are a government employee.

You can receive up to 50% of your paycheck, but the exact amount may be set by your employer.

One of the best things about PayActive is that there are no fees required to use the service. This makes it a useful tool for anyone who needs to cover expenses before payday.

In addition, PayActive offers other financial management tools such as sending and receiving money, securing bill payments, and financial insights.

These features allow users to easily manage their finances in one convenient location. Users can also access company information through the app, including HR policies and benefits information.


  • Provides cash advance before payday.
  • Additional features like bill payment, send and receive money.


  • Can only provide 50% of your earing.
  • You will get money if your employer is registered with PayActve.


Aspiration is a mobile app that provides spending and savings accounts with an emphasis on eco-friendly features. The app offers two account options: a basic account and an Aspiration Plus account, which comes with additional benefits.

Both accounts offer cash back for socially conscious spending, planting trees with each transaction, and measuring personal impact scores. The Plus account also includes carbon offsets for driving and a promise not to fund fossil fuel exploration or production.

It's important to note that Aspiration Financial, LLC is the registered broker-dealer offering accounts, which are not provided by a bank. This unique approach allows Aspiration to offer its customers innovative financial products while maintaining its commitment to social responsibility.


  • Offers accounts that provide interest and cashback on savings.
  • No overdraft fees and no maintenance fees.
  • 10% of income goes to charity.


  • No cash deposits.
  • Limits on using debit cards internationally.
  • The highest interests come with higher fees.


MyPayNow is a mobile app that provides users with the option to receive up to 25% of their paycheck before payday, offering a convenient way to access money when needed.

The app connects directly to a user's bank account and uses AI technology to check eligibility based on salary and savings. Users can receive multiple advances in a month, and the service is available 24/7, with funds typically deposited within minutes of approval.

To qualify for MyPayNow, users must earn at least $450 per week. Once approved, the borrowed funds are automatically debited from the user's account once their salary is credited. It's important to note that MyPayNow charges a 5% fee for each advance taken.


  • Simple and easy app.
  • Less expensive than traditional payday loans.
  • Faster deposits.
  • No fees for payday loans.
  • No credit check is required.


  • This may lead to financial dependence.
  • Available only to those earning at least $450 per week.


Vola is a unique financial service that offers up to $300 in paycheck advances. It not only helps you build your credit but also monitors your bank balance.

With Vola, the loan repayment process is hassle-free as it automatically withdraws the amount from your bank account. However, you have the option to make earlier payments and save on penalties.

The membership fees start at just $2.99, and eligible members can borrow up to $300. The best part is that the money gets transferred into your bank account within a business day!

Vola supports over 6000 banks, and to qualify for this loan, your account must be older than three months with an average balance of $150 and some activity in the last few days. Vola is undoubtedly a reliable and convenient way to access quick cash when you need it the most!


  • Advance amounts are not determined by earlier worked hours.
  • A credit score is not a factor in loan approval.
  • Offers advanced analytics to help users manage their finances.


  • An average bank balance of $150 is required to qualify for a loan.
  • Minimum 300$ loan amount.
  • Not very reputed compared to other loan services.


Grid is a highly efficient and reliable cash advance app that offers up to $200 in advances. With no credit check and no hidden fees, Grid ensures that customers can access quick cash without any complications.

The membership program, Grid+, provides unlimited advantages at just $10 per month. Customers receive credit cards and are entitled to 2% cashback on their purchases.

Grid has been designed to meet the evolving financial needs of modern-day consumers, providing them with a seamless platform to manage their finances with ease.


  • No credit check is required.
  • Unlimited cashback with Grid+ Membership Program.
  • No hidden fees or charges.
  • Payments are automatically withdrawn from the bank account once the salary is credited.


  • Higher interest rates than traditional banking.
  • Negative reviews from customer service.
  • Terms and condition are not transparent.


SoFi is a reputable personal loan platform that offers loans ranging from $5,000 to $100,000. With an estimated APR of 7.99-23.43%, SoFi provides customers with the flexibility to choose repayment terms between 2 to 7 years.

The platform has been designed to offer same-day funding, making it convenient for users who require quick access to funds. One of the standout features of SoFi is that it does not charge any platform fees, late fees, or prepayment penalties.

Additionally, users can benefit from multiple discounts and term availability options. In case you lose your job while paying off your loan, you can apply for SoFi's unemployment protection program.

Once approved, SoFi will put your loans into forbearance and modify your monthly payments according to your current financial situation. SoFi is undoubtedly a reliable and professional platform that caters to the diverse financial needs of its customers.


  • Manage loans with a mobile app.
  • No fees.
  • Joint loan options.
  • Rate discount for autopay.


  • High minimum loan amount.
  • No option to choose the initial payment date.


Varo is a mobile banking platform that offers its customers the option to borrow up to $100 for 30 days. The platform charges a one-time fee that depends on the advance amount, and there are no additional fees associated with the loan.

The minimum loan amount is $20, and the maximum amount that can be borrowed is $100. To avail of this service, it is compulsory for users to have a Varo bank account.

With its user-friendly interface and seamless integration with mobile devices, Varo provides an easy and convenient way for customers to access quick cash when they need it most.

It is an ideal FloatMe alternative for those looking for a hassle-free way to secure funds without any complicated procedures or hidden fees.


  • No interest.
  • No additional fees.
  • No credit check.
  • Flexible payments.


  • Must have a bank account in Varo.
  • Limited loan amount.
  • Not available in all states.


GO2bank is a reliable banking platform that offers customers a checking account and separate savings sub-accounts known as vaults.

One of the standout features of GO2bank is its high savings rate of up to $5,000, making it an ideal choice for those looking to save money. Additionally, customers can deposit cash at certain retailers, adding to the convenience of using this platform.

However, it's worth noting that there are costs and limits associated with GO2bank accounts, such as a monthly fee and the inability to transfer money out of the account.

Customers can open an account directly on the bank's website or pick up a Visa debit card at retailers like Walmart and activate it online. GO2bank is best suited for digital banking customers who plan to take advantage of its services without needing to transfer money out frequently.


  • 90000 retail stores for cash deposits and 9000 ATMs.
  • Ability to create five vaults that can help you to reach your savings goal.
  • Solid rate of 4.50% APY across all savings.


  • No ability to transfer loan amount from Go2Bank to external accounts.
  • 5$ monthly fee if you don't receive direct deposit through Go2Bank.

Are Cash Advance Apps Safe to Use?

Are Cash Advance Apps Safe to Use?

Cash Advance apps are generally considered safe to use, as many of them have security measures in place to protect users’ information and sensitive data.

Most Cash Advance apps require users to provide personal and financial details before approving a loan request, so it's important that these apps have secure systems in place.

Look for apps with encryption protocols, multi-factor authentication processes, and other safety features that help protect your sensitive information.

Additionally, you should always double-check the terms and conditions of each app to ensure you understand all the fees associated with taking out a loan.

What Are The Risks Of Cash Advances?

What are the risks of cash advances?

Cash advances come with some risks. The most common risk is incurring high interest rates and fees for borrowing money, as well as the possibility of falling into a debt cycle.

Cash advances are typically unsecured loans and can have higher rates than traditional loans. It’s important to consider all the pros and cons before taking out a cash advance.

Do Cash Advance Apps Affect Your Credit?

Do cash advance apps affect your credit?

Most cash advance apps don’t directly affect your credit score. Some may review your credit report and offer tailored loan rates, but the application process itself won't have an impact.

However, if you fail to pay back your loan on time, then this could result in late payments which would be reflected in your credit history. It’s important to read through the terms and conditions before signing up for cash advance apps.

Are There Any Other Alternatives To Cash Advances?

Are There Any Other Alternatives To Cash Advances?

Yes, there are various alternatives to cash advances, such as personal loans, credit cards, and payday loans. Personal loans can provide you with more flexible payment options while credit cards may offer you more rewards and benefits.

Payday loans can also be an option but should only be used as a last resort due to their high-interest rates and fees. It’s important to compare the features of different loan providers before making a decision.

When Should You Use A Cash Advance?

When Should You Use A Cash Advance?

Cash advances should only be used for emergency situations when you need quick access to funds and don’t have any other options.

It’s important to consider all the costs associated with taking out a cash advance, such as fees and interest rates, before committing to one.

Additionally, it’s best to create a plan to pay back the loan as quickly as possible to avoid falling into a debt cycle.

Final Words

That's it for our guide on 17 the best apps like FloatMe. We hope that this article gave you a better understanding of the different types of loans available, as well as their pros and cons. Remember to always do your research before committing to any kind of loan, no matter how tempting it might be.

Good luck!

Michael Restiano

I support product content strategy for Salt Money. Additionally, I’m helping develop content strategy and processes to deliver quality work for our readers.

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