How Does the Dave App Work? A Guide to Its Features

Picture the scene: you're all set to glide to payday. And then you’re hit with an unexpected expense. 

Your car breaks down. You’re hit with that Klarna payment you forgot existed. Or some other fun, unexpected expense.

Here’s what you’re not gonna do: take out a payday loan with 600% interest, or get smacked with overdraft fees.

Dave and other cash advance apps  can be great in situations like this because of their interest-free cash advance feature, as well as help with making and sticking to a budget.

But how does the Dave app work, and what are the Dave cash advance requirements? It’s wise to do some research to find the app that’s best for you. Let’s get into it.

How Does Dave Cash Advance Work?

Here’s the lowdown on everything Dave offers:

• Dave offers up to a $500 cash advance. In Dave’s help center, they do mention that you’ll likely get less than $250 the first time. 

• The cash advance takes three days to arrive, or you can pay an express fee to receive it in 8 hours. 

• The subscription fee for Dave is $1 a month. There’s also the option of leaving a tip.

Wanna know the Dave Cash Advance requirements? Well, here’s one important point: to qualify for Dave, you will need to have at least $1000 in your account. 

‍Dave will also look into your payment history to determine how much you’re eligible for—knowing how the Dave cash advance works is key to getting the most out of the app.

If you’re a gig worker, or you’re not bringing in $1000 a month, don’t sweat. There are alternatives. 

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Big love. Cleo 🤎