Business & Students Loans

Payday Loans Apps That Work With Chime

Chime is a full-featured deposit account with which you can receive direct deposits into your account. Chime offers a cash advance of up to $200 and supports pre-authorized withdrawals and interbank transfers through the automated clearing house (ACH) Network. The platform gives you an FDIC-insured deposit account, which you can manage from your smartphone.

The following financial Loans Apps Work With Chime and offer advancements that you can transfer to Chime:

  • Albert
  • Dave
  • MoneyLion
  • Cleo
  • Empower
  • Varo

Payday Loans Apps That Accept Chime

Payday loans apps that work with chime - ng job alerts

1. Albert

Albert is a financial app that works perfectly with Chime. The app can spot you on with a cash advance of up to  $250.

Like Cleo and other financial apps, you can get advanced cash on the same day, you’ll have to pay a fee of $4.99. But if you can wait for about 3 business days, you will get it for free. 

Read: Elastic loan login: How to Log in and Apply for Loan

Albert Benefits

  • Up to $250 cash advance
  • No interest
  • Early payday
  • Investing
  • Budgeting
  • Saving

Requirements for Albert advance

  • a job and receive verifiable income via direct deposit
  • an income that’s consistent over the past two months and arrives on a predictable pay schedule (once monthly, bi-weekly, weekly, etc.)
  • a current bank account balance that’s above $0

How to get Albert cash advance

  • First go to the app’s home screen and tap “Instant.” 
  • Follow the prompts to set up your account. 
  • Wait for approval
  • Once approved, you can select an amount and delivery method.

You can request up to 3 cash advances per pay period provided you have a paycheck and you’ve repaid your past advances. The app allows you to select your repayment plan by choosing to pay either manually or automatically.

Read: How to Apply for Cash App Loan

How to connect Chime to Albert Loan app?

To connect the two:

  1. Navigate to the Budget tab
  2. Tap + at the top of the screen 
  3. Select Chime, or search for it by name if it’s not listed
  4. Enter Chime’s account credentials on the following screen

If you can’t find Chime there, you can add it manually as well.

2. Dave

Payday loans apps that work with chime - ng job alerts

Dave is one of the loan apps that work with chime and offers 0% Interest Cash Advance up to $250 from your paycheck. No interest and no credit check. Below are what you get to enjoy in Dave:

  • $200 advance with a direct deposit set up
  • $100 advance with a linked bank account
  • Credit builder
  • Connects to Chime
  • Early payday
  • No interest
  • No credit check
  • FDIC insured

There are two ways you can get a cash advance from Dave:

  1. Set up a direct deposit to get up to $200 or 
  2. Link an external bank account like Chime to get up to a $100 advance. 

The size of the cash advance you will get will depend on:

  • Your anticipated income
  • History of your deposits and transactions (at least 60 days)
  • If you’ve paid back previous advances on time
  • The amount of money you generally keep in your account
  • If you’ve recently had a negative balance in your account

You’ll also want to make sure you have received at least two qualifying direct deposits in order to request an advance.

Step-by-step on how to request an advance cash

  1. Log on to Dave
  2. Go to the ‘Advances’ tab
  3. Tap ‘Get cash now’
  4. Select the amount to advance
  5. Confirm your auto-payback date
  6. On the Confirm Advance screen, be sure to check the following:
    • Advance amount
    • Tip amount
    • Select a delivery option
      • Standard – Free – 3 business days
      • Instant – Small Fee – Arrives in seconds up to 8 hours
    • Last 4 numbers of debit card or account
    • The total amount and the due date
  7. Check the box to agree to the payment authorization
  8. Slide to confirm

How to connect Chime to Dave?

  1. Go to the Profile tab
  2. Choose Linked Banks and Card
  3. Tap Change next to Linked Banks
  4. Select Change bank and Continue through

3. MoneyLion

MoneyLion Payday loan App also connects perfectly with Chime. On MoneyLion, cash is up to $250 but you must have a recurring income. otherwise, you’ll have access lower amount, and the minimum is $25. However, You can participate and complete certain tasks in the MoneyLion App to boost the amount you can get in advance. You can unlock higher amounts by signing up for a Credit Builder Plus membership.

MoneyLion Benefits

  • Up to $250 cash advance
  • No interest
  • No late fees
  • No credit check
  • Early payday
  • Much much more

Below are the requirement to qualify for a cash advance with MoneyLion:

  • You account must be at least two months old.
  • The account must be linked to regular deposits of income/paychecks 
  • It has a positive balance, and It’s active.

4. Cleo

Cleo is another payday loan app that works with Chime that connects seamlessly to your Chime account. To get Advanced cash on the same day, you’ll have to shell out $3.99. But if you can wait for about four days, you can get it for free. However, to continue using Cleo, you must pay your advance back in total before they can allow you to take a new one. You can complete your repayments anytime between 3 and 28 days.

Cleo Benefits

  • $20-$100 advance
  • No interest
  • Payback anytime between 3 and 28 days
  • $5.99 per month
  • Budgeting
  • Autosave

How to qualify for Cleo advance?

First, you have to set up your Cleo wallet and connect a debit card. You can get between $20 and $100 in your account.

Cleo considers certain criteria before they issue out cash advances for customers. These criteria listed below determine if you qualify to receive cash advances and how much you can get at a particular time. The criteria are:

  • Your spending habits
  • cash withdrawals
  • missed payments

Cleo supports all the major US and UK banks, and Chime is one of them.

5. Empower

Empower is one of the best loan apps that connects well with Chime. The financial app offers customers four tiers of cash advances ranging from $25 to $250 cash advance. But there are different requirements to qualify for each of the four tiers:

Base offer ($25)

  • Average monthly take-home income is $500+
  • 2 deposits of at least $100 in each of the last three months
  • Maintain over $100 balance for 10 days
  • The current account balance must be “healthy”

Recurring paycheck ($50)

  • Cash Advance account must have been active for at least 60 days
  • Account must average at least 2 transactions per day
  • The current account balance must be “healthy”
  • Must have three recent, recurring deposits of $200 or more from the same employer
  • The average monthly take-home income must be $500+
  • Maintain an account balance of at least $50 up to two days after the pay date

Paycheck at Empower ($100)

  • Direct deposit of paycheck of at least $200 in the last 14 days or at least $500 in the last 30 days into your Empower account.

Repayment history ($250)

  • At least 3 Cash Advances were accepted & repaid through Empower Card over three pay cycles.
  • Must have three recent, recurring deposits of $200+ from the same employer

In the app, each item under “Qualifications” tells you whether you are qualified or not. Simply click on “Check eligibility now.” to find out about your qualification status.

Empower Benefits

  • Up to $250 cash advance
  • No interest
  • No late fees
  • Doesn’t affect credit score
  • Early payday
  • Up to 10% cashback

Open your app and on the Home page, scroll down to the Accounts section, and at the upper right side corner, click on the + icon to connect to Chime.

6. Varo

  • Cash advance up to $100
  • $5 fee for $100 CA

Varo loan app also connects with Chime just like other apps listed above but they charge up to a $5 fee for taking out a $100 cash advance, which is the maximum you can get. $4 for $75, $3 for $50, and a cash advance of $20 incurs no fees. But, unlike other Fintech apps, they do not charge for getting the advance into your account.

To qualify:

  • Your Varo Bank Account must be active
  • Your Varo Bank Account and/or Savings Account must not be negative
  • Your Varo Bank Account must be at least 30 days old
  • You’ll need at least $1,000 in total qualifying direct deposits to either your Varo Bank Account or Savings Account, or both combined, within the last 31 calendar days.

How to connect Chime to Varo?

To connect Chime to Varo account, do the following:

  • Tap “Link an Account +”
  • Select Chime or search for it if you don’t see an icon
  • If you see options when you select your bank, pick the one with the web address where you would normally log in online
  • Enter your user ID and password and tap “Submit”
  • Follow any prompts from Chime
  • Continue responding to prompts from Varo until you see your external accounts and balances show up on the Accounts

Factors to Consider When Choosing a Payday Loan App

The following criteria should be considered by payday loan borrowers when selecting the best online payday loan lender. This is essential to reduce the risk of failed and fake transactions:

  • The reputation of the company.
  • Financing time required for an emergency fund
  • Terms and Conditions of the lender about interest rates, monthly payments, terms, and other details.
  • Confidentiality and security such as guarantees for the security of your data. Most companies have this information in their privacy policy statements involving the loan process.
  • Transparency. Are their hidden charges? Or do they claim not to share your personal information but, in reality, they don’t actually obey it?

Oladoyin Falana

Oladoyin Falana, a graduate of OAU, is an SEO Specialist, and IT business developer. He is the owner and content editor of ngjobalerts.com, a platform that focuses on providing information on career, recruitment updates, exams, and admission updates, including general (How-to) information.
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