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Apps like Vola Finance

Vola Finance isn’t a bad cash advance option, but these apps like Vola are worth comparing.

Vola is a cash advance app with a couple of fairly unique features: It doesn’t require you to have direct deposit or pay transfer fees regardless of how you opt to receive the funds. You can get advances up to $300, and even when repayment is due, you can request an extension without paying a late fee.

But it charges membership fees that range from $1.99 to $28.99. It has a free plan, but to get a cash advance with the free membership, you’ll need to email the provider to request an advance, which could be an issue if you need an advance right away.

LenderLoan amountFeesSpeed
EarnInGet up to $100 per day or $750 per pay period.No membership fee1 to 3 business days, or same-day for a fee
Chime SpotMeUp to $200N/ASame day
CleoUp to $250$5.993 to 4 days standard transfer. Same day with $3.99 - $9.99 express fee.
DaveUp to $500$1Up to 3 business days, or instant for a fee
Albert$25 to $250$14.992 to 3 days standard delivery, instant with delivery fee
MoneyLionUp to $500 or $1,000 with RoarMoney account$19.99Up to 5 days or instant for a fee of $0.49 to $8.99

Our 6 top picks for apps like Vola

  • Best for cash advances with no monthly fee: EarnIn
  • Best for no-fee overdraft protection: Chime SpotMe
  • Best for budgeting features: Cleo
  • Best for low monthly fee: Dave
  • Best for investment options: Albert
  • Best for larger cash advances: MoneyLion

Alternative for cash advances with no monthly fee

EarnIn

4.7
★★★★★

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EarnIn doesn't charge any mandatory fees to use its cash advance service. It also offers higher cash advances than many other apps up to $750 between pay periods. But, you can only request up to $100 a day and it's best for employees that can verify the hours they've worked.

  • Not available in: Connecticut

Alternative for no-fee overdraft protection

Chime SpotMe®

4.2
★★★★★

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Chime is completely free to use and offers overdraft protection up to $200. The overdraft protection is only good with your Chime checking account or debit card, but there are no interest charges or late fees. Chime starts new users at low overdraft limits, but that increases with time and regular activity.

  • Available in all states
Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. Direct deposit: Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date. SpotMe: Chime SpotMe is an optional, no fee service that requires a single deposit of $200 or more in qualifying direct deposits to the Chime Checking Account each at least once every 34 days. All qualifying members will be allowed to overdraw their account up to $20 on debit card purchases and cash withdrawals initially, but may be later eligible for a higher limit of up to $200 or more based on member’s Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. Your limit will be displayed to you within the Chime mobile app. You will receive notice of any changes to your limit. Your limit may change at any time, at Chime’s discretion. Although there are no overdraft fees, there may be out-of-network or third party fees associated with ATM transactions. SpotMe won’t cover non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. See Terms and Conditions.

Alternative for budgeting features

Cleo

4.1
★★★★★

Finder score

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With its new AI personal finance assistance, Cleo has even more robust features. It includes savings and budgeting tools — with a sense of humor — to keep your spending in line. For a $5.99 monthly fee, which is lower than some Vola membership tiers, Cleo offers cash advances up to $250. Like Vola, Cleo also doesn't require direct deposit, making it an option for gig workers or freelancers who don't have access to direct deposit.

  • Available in all states

Alternative for low monthly fee

Dave ExtraCash

4.2
★★★★★

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Dave only charges a monthly membership fee of $1, which is significantly lower than some Vola tiers and offers higher advances too, up to $500. Like Vola, Dave also doesn't charge interest and doesn't have a direct deposit requirement, making it another option for users who don't have direct deposit availability. However, Dave has instant transfer fees up to $25, where Vola doesn't charge for expedited transfers.

  • Available in all states

Alternative for investment options

Albert

4.4
★★★★★

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Budding investors who also want overdraft protection may want to consider the Albert financial app because Vola doesn't carry either of these features. Albert offers up to $250 in overdraft and can help you build an investment portfolio.

Users can choose from a custom portfolio built for them or choose their own stocks and exchange-traded funds (ETFs). But to access most features, you'll have to subscribe to Albert Genius for $14.99 a month and overdraft protection only covers the Albert card.

  • Available in all states

Alternative for higher loan amounts

MoneyLion Instacash advances

4.5
★★★★★

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Sometimes you need to borrow more than a few hundred dollars and MoneyLion beats Vola on that count with advances up to $500, or $1,000 with a RoarMoney account. Plus, MoneyLion has a lot of additional features, such as credit building and investment tools and the ability to get your paycheck up to two days early with direct deposit.

  • Available in: Alabama, Arizona, California, Delaware, Florida, Georgia, Idaho, Illinois, Kansas, Louisiana, Maryland, Michigan, Missouri, New Mexico, North Dakota, Oklahoma, South Carolina, South Dakota, Texas, Utah, Washington, Wisconsin, Wyoming

How Vola compares

Vola has some great features, like no charges for expedited transfers and no direct deposit requirement. It also offers advances up to $300, which is higher than some other top cash advance apps, but not all users are eligible for the highest limit. And you may have to pay a membership fee as high as $28.99 and show regular banking activity to qualify for an advance.

Pros

  • No charges for fast transfers
  • Low balance alerts
  • No direct deposit requirement
  • No interest or credit checks

Cons

  • Membership fees as high as $28.99
  • Need Vola card for fast advances
  • Not all users qualify for highest limit
  • Free plan not convenient for advances

Alternatives to cash advance apps

If a cash advance app won’t work for your situation, consider these options:

  • Credit card cash advances. If you have room on a credit card, you can get a zero-hassle cash advance from a bank or ATM, but interest rates are fairly high.
  • Personal loans. Personal loan lenders typically offer larger loan amounts and longer repayment periods, but you may need good credit to qualify.
  • Pay advance from employer. You might be able to request an advance from your employer and have it deducted from your next paycheck. Some employers even offer it as a benefit through paycheck advance apps like One@Work and Payactiv.
  • Payday alternative loans (PALs). Some federal credit unions offer loans up to $1,000 for members, but you typically need to join at least a month before you apply for a loan.

Why should you avoid payday loans and short-term installment loans?

Because of the predatory nature of these loans and extremely high rates, we haven’t included payday or installment loans as good alternatives to cash advance apps.

For example, some states prohibit these types of loans because they tend to prey on borrowers who have trouble repaying them and end up in continuous debt cycles. Research has shown that 75% of fees that payday lenders collect come from borrowers who take out at least 10 loans a year, according to the Consumer Financial Protection Bureau (CFPB).

In addition, interest rates for payday lending can exceed 600% in some states. But the real rate is disguised as seemingly small fees for each $100 borrowed. Lenders charge between $10 to $30 per $100, the CFPB reports, which sounds a lot like 10% to 30%. However, that doesn’t account for the term length. For instance, if you take out a two-week loan of $15 per $100, that equates to an annual percentage rate (APR) of nearly 400%.

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