Credit Genie is one of the popular cash advance apps available, and it’s used by thousands of people. One thing that users seem to like the most is that they can improve their financial health by employing a bunch of tools.
Plus, the app’s customer service gets high marks from reviewers. Not only can Credit Genie holders get up to $100 in cash when they need it, but they can also get overdraft alerts in order to avoid bank fees and charges.
CG users can better control their spending by using the app in tandem with their banking and other financial tools.
But, what about the competition, particularly other apps that are similar to Credit Genie? Well, there are plenty of them. They all come with their own list of unique features, but most have more things in common with each other than you’d expect.
Here’s a quick overview of 11 cash advance apps that are relatively similar to Credit Genie, at least in the fact that they allow users to gain access to money rather quickly. Note that each app comes with its own cash limit, restrictions, rules, and other features.
The ranking below is in no particular order.
1) Vola
Vola is a cash advance app that was launched in 2017 to help users with low or no credit scores avoid overdraft fees.
For $9.99 per month, Vola users can get a cash advance of up to $300 without the need of credit checks or any interest rates.
They can potentially save a lot of money, depending on their spending habits. Vola users have, to date, saved $15 million in overdraft fees since the app’s inception. Features include immediate cash advances and a virtual Vola card, if you want one added on to your Vola account.
There’s spending analysis and a top-rated mobile application. On the downside, savings bonus and promotions are missing. Overall, Vola focuses on financial empowerment, offering quick solutions, particularly those experiencing short-term cash flow problems.
2) Albert
Albert provides an all-in-one financial service with a monthly fee between $12.49 and $14.99. Oddly, express delivery charges are kept secret.
The amount of the cash advance limit is $250. Albert improves on basic payday loans by offering spending management tools and banking services, as well as automated savings and investments, all from as little as one dollar.
“Ask a Genius” is one of the app’s proprietary tools that provides users with live help for making decisions on financial matters.
Albert is a one-stop financial platform, with services in banking, expense tracking and many more.
The cash advance limit of $250 is competitive in this niche. But, beware that clients are automatically subscribed to a 30-day free trial of Albert Genius and then billed $14.99 per month if not cancelled ($12.49 per month billed annually). There may be charges for express delivery, but they are not disclosed.
3) Dave
Dave’s ExtraCash cash advance option is one of the best bargains. It only requires a $1 monthly fee for the Dave Spending Account. The account comes with a linked debit card that offers cash back of 15% on purchases and lets the user round up purchases for more savings.
What’s good? The modest monthly fee on the linked Spending Account is a plus. There are handy features like the APY-earning goals account and cash-back debit rewards.
A rather large advance limit of $500 leads the pack in this niche. On the negative side of things, internal instant transfers have fees which range between $1.99 and $9.99, with higher costs for transfers to outside accounts. Automatic settlement requests on paydays could be difficult for customers with low balances.
4) Cleo
Cleo offers cash to the tune of $250 in under 10 minutes. For comparison, Credit Genie might take 1 to 3 business days unless you pay an express fee.
Cleo allows you to borrow $100, with an increase potential to $250 through on-time repayments and frequent deposits.
Cleo’s unique feature is the humorous AI-powered interface that has a clever AI assistant and the internet’s best memes.
It allows the monitoring of spending and automatic savings. The app also has cash-back rewards, making the process of finance management efficient and entertaining.
5) Brigit
Brigit Cash Advance app gives instant cash without a credit check. Still, it is different in the sense that it helps in credit strengthening and monitoring.
The app incorporates a Credit Builder account, which can be opened with just $1 a month in deposits. That helps users create a good credit history for future credit card or loan applications.
What’s to like? Brigit has important functionalities like a credit builder account and budgeting tools. Free instant transfers are available to premium members for their cash advances.
On the downside, the membership fees are high, with the basic package starting from $9.99 per month and the premium package at $14.99. The limit for cash advances is $250, which is lowish as far as these apps go.
6) EarnIn
Users are allowed to get up to $100 each workday (with a maximum of $750 per pay period) as an advance by EarnIn.
These are the highest cash advance maximums on the market. EarnIn is an example of a service that doesn’t have a monthly fee.
Instead, the app provides a tipping system that is not mandatory. Nevertheless, fees of $0.49 to $8.99 may be charged for quick transfers.
What are some disadvantages? EarnIn has no features, like budgeting and spend tracking found in other apps, for cash advances.
Even though a high advance limit is an advantage, users should be careful with the tips because they could lead to a high APR for smaller loans. In general, EarnIn offers flexibility without obligatory fees, but clients have to pay attention to hidden costs and tipping.
7) Empower
The Empower Cash Advance App has an excellent user interface and powerful features for as low as $8 per month. The fee for what they call “rush” delivery varies from $1 to $8. The advance limit is $250.
Empower is an app that, like its competitors, provides tools for monitoring spending and savings. Its ease of use interface is among the best, with credit monitoring, customizable budgeting, and more. The app is well-designed, with high ratings on Google Play Store and Apple App Store.
The cost of an express delivery begins at as low as $1. Monthly membership fee is only for Empower Thrive, the company’s line of credit. But keep in mind that cash advance limit of $250 is on the lower side. And, the cost of quick delivery ranges to $8 per use.
8) FloatMe
By design, FloatMe acts differently from other cash advance apps. It sends money to an external bank account. For the fastest transfer, the charge is $5 or less.
On the good side of things, FloatMe’s monthly membership fee of $3.99 is pretty low compared to the industry.
However, the $50 cash advance limit is on the low side, useful only for small urgent expenses. It’s obvious that the app was designed to be more like an entry-level version of the more competitive players in this niche. However, consumers who want to get just a basic cash advance app for very small expenses can do well with FloatMe.
9) Klover
Klover uses your next paycheck as a source for instant funds, and is free from credit checks, late fees, or interest. But Klover is unique because it offers points-earning opportunities.
For example, you can take surveys and watch ads to boost your cash advances. It conducts simple sweepstakes, one user wins one hundred dollars and five other users win a twenty dollar gift for using the app.
The best features: Klover combines Sweepstakes and point-earning features with regular budgeting tools and cash advance management.
At $3.99, Klover’s membership cost is a relatively low monthly fee compared to the industry standard. Unfortunately, their $200 cash advance limit is modest. The expedited transfer fee rate is high at $12.49 for larger points transfers.
10) MoneyLion
An excellent money management platform is available from MoneyLion without monthly fees. But the issuer does charge an expedited transfer fee of $0.49 to $8.99. The cash advance limit is $500.
MoneyLion offers products, such as money management tools, credit builder accounts, and cash advances.
The best things about MoneyLion: There are free cash advance services with no interest, a monthly fee, or a delivery fee.
The cash advance limit is $500. Plus, there are several useful money management tools. On the negative side, there are other features of MoneyLion behind paywalls.
To access them, you must pay a subscription fee of $19.99 per month. And, there are additional charge for transfers to third-party accounts.
11) Possible Finance
An online lending platform called Possible Finance helps borrowers with no or minimal credit history by offering up to $500 loans using the mobile app or website. Unlike regular payday loans, installment loans from Possible Finance allow up to two months for repayment.
What’s to like? The app is accessible to borrowers with poor or no credit. There’s a two-month repayment period. The app reports to two credit bureaus.
On the downside, the interest rates are high, and the app may charge origination fees on some loans. Finally, customer support is through phone calls only.
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