Cash Advance Apps
MoneyLion Review
Cash-advance app with credit-builder loans and a checking account.
CashCompassPro rating
Worth comparing
Cost / APR
Varies by state and eligibility
Amounts
Up to $500 (Instacash, 0% APR)
Funding speed
Instant with paid transfer; 1–5 days free
Credit review
Up to $1,000 at 5.99% – 29.99%
Cash advance
Up to $500 (Instacash, 0% APR)
Credit Builder Plus loan
Up to $1,000 at 5.99% – 29.99%
Membership fee
$19.99/mo for Credit Builder Plus
Instant transfer fee
$0.49 – $8.99
Funding speed
Instant with paid transfer; 1–5 days free
Overview
MoneyLion bundles three products: 0%-APR Instacash advances up to $500, a Credit Builder Plus installment loan, and a no-fee checking account. It's a good option for someone who wants a small advance plus a way to build credit without a security deposit, but the $19.99/month membership and instant-transfer fees can erode the value if you don't use the credit-builder product.
Who MoneyLion may be best for
Borrowers comparing lender options, costs, approval requirements, funding speed, and alternatives before submitting a request.
What to watch before applying
Review APR, fees, repayment timing, availability, and the total repayment amount before accepting any offer.
Pros
- Instacash advances charge 0% APR
- Credit-builder loan reports to all three bureaus
- Combines banking, advances, and investing in one app
- No mandatory tip on Instacash
Cons
- Credit Builder Plus requires a $19.99 monthly membership
- Instant transfer fees stack up if used frequently
- Advance limits start low and grow slowly
Eligibility & requirements
- Active checking account with regular direct deposits
- U.S. residence and government-issued ID
- 18+ years of age
Compare MoneyLion to other options
Use the review details, calculators, and alternatives below before submitting a request.
Submitting a request does not guarantee approval or funding.
Compare related guides
Alternatives to MoneyLion
Dave
Small ExtraCash advances with a low monthly membership.
Read Dave review
Brigit
Subscription cash-advance app with budgeting and credit-builder tools.
Read Brigit review
EarnIn
Tip-based earned-wage access of up to $150/day.
Read EarnIn review
Possible Finance
Small installment loans designed to replace payday loans.
Read Possible Finance review
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Questions
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Reviewed by the CashCompassPro editorial team. CashCompassPro is not a lender and does not make credit decisions. See our editorial guidelines and fact-checking policy. Browse all lender reviews.