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Earnin vs Dave (best payday loan apps / software)

Interest rates
Loan limits
Repayment terms
Approval speed
Processing time
User interface
Customer support
App reviews
Extra features
Dave charges a monthly fee of $1, and offers an option to tip on cash advances. The tipping costs can add up so be cautious if you regularly use the service.
Earnin doesn’t charge a monthly fee, instead it relies on optional tipping. The maximum tip suggested is equivalent to an APR of approximately 469.29%, keep this in mind if you opt to tip.

Ideal if you need small advances and budgeting help 📝. Dave’s $1 monthly fee is hard to beat, but beware of the optional tip 💸

👍 For quick cash advances without any fees or interest, Earnin stands out 🌟. Though beware of the tipping mechanism, it could be costly ⚠️

Dave Pros & Cons

Top Pros
  • Small cash advances without high fees 💲

  • Offers budgeting tools 🧮

  • Predicts when you might run out of money 👍

  • $1 monthly fee is affordable 💵

  • Extra income through side gigs on the app 💼

Earnin Pros & Cons

Top Pros
  • No interest fees 😊

  • No mandatory fees, depends on tips 🎩

  • Quick approval time ⚡

  • Balance Shield to prevent overdrafts 🛡️

  • Health aid to negotiate medical bills ⚕️

  • Community-driven with campaigns and donations ❤️

Top Cons
  • Only gives advances of up to $75 which might not be sufficient 💰

  • While monthly fee is small, there’s an optional tip which could increase costs 💸

  • Like other apps, also requires bank data access 🔍

  • Must have a steady paycheck to qualify 💼

  • Doesn’t support all banks so check ahead 🛠️

  • No live customer support, only email and Twitter 📧

Top Cons
  • Dependent on tipping which can be costly 💸

  • Max advance is up to $100 which may not be enough 💰

  • Requires access to your bank account data 🌐

  • You must have a regular pay schedule 💼

  • Unlike other apps, doesn’t offer financial planning tools 🔧

Other best payday loan apps


Offers broad financial services from loans to investing 💰. It can be difficult navigating its different accounts and fees though 😕


Great for large cash advances 📈, but the $9.99 monthly fee is one of the highest among these apps 💰


Fast and accessible with physical locations 🏢, but high interest rates make it a last resort option 💔


Earnin is a smartphone application that provides users access to cash they have already earned before payday. Once your bank account and employment details have been verified, you can request an advance on your salary with no interest or hidden fees. The traditional payday loan cycle is effectively subverted by Earnin, creating a more beneficial situation for the borrower. More details can be found on the official Earnin website.

Dave is an app that offers interest-free advances on your paycheck. For a small monthly membership fee, Dave will lend you up to $75 to help you make ends meet until your next paycheck arrives. Dave also has a handy bill reminder feature and can help you budget your finances. For further information, visit the official Dave website.

Unlike traditional payday lenders, Earnin doesn’t charge interest or fees for its services. However, it does request optional tips, which users can choose to give as they see fit.

Dave charges a $1 monthly membership fee, but other than that, it doesn’t charge interest or late fees on its payday advances. However, if you choose to receive your cash immediately, a small fee may be charged.

The Earnin app can be downloaded and installed from either the Google Play Store or the Apple App Store.

The Dave app can be downloaded and installed from the Google Play Store or the Apple App Store.

Yes, both Earnin and Dave pay great attention to the security of user data. They use encryption and secure servers to protect your personal information.

With Earnin, the amount you can borrow ranges between $100 and $500 per pay period, based on your income, spending habits, and the use of their app.

With Dave, you can borrow up to $75 at a time, providing a short-term solution for small cash shortfalls.

Yes, there are many alternatives to Earnin and Dave, including apps like Brigit, Slice Pay, and Even. Each one has its own unique features and terms, so it’s advisable to research each option to see which will work best for you.

Although tipping is entirely optional on Earnin, the maximum amount you can tip is $14.

No, you can request as many advances as you need through the Dave app, as long as you do not exceed the $75 limit and your previous advance has been paid off.

Earnin works with most major banks. However, it’s recommended to check their official bank list to confirm your bank’s compatibility.

Dave is compatible with thousands of banks and credit unions across the United States. Users are advised to check their official FAQs to verify if their bank is supported.

Yes, Earnin automatically deducts the advanced amount from your bank account on your next payday, ensuring that you repay your advance in a timely manner.

If you don’t repay your advance to Dave on time, the app will attempt to take out the amount on a later date. However, Dave does not charge late fees or penalties.

Yes, Earnin requires proof of steady paychecks from an employer to verify your income. This can be done through a variety of methods, including electronic timesheets or manual upload of pay stubs.

Yes, you will need to provide Dave with proof of consistent paychecks from your employer by connecting your checking account.

Normally, Earnin cash advances hit your account within one to two business days, but with their Lightning Speed feature, you can receive your cash immediately, albeit for a small fee.

Normally, Dave transfers your cash advance within three business days. However, for a small fee, you can opt to receive the funds immediately.

With the Earnin app, users can access key features such as payday loans up to $500 with zero interest or fees. These loans are based on the hours already worked before payday. There are also features for balance checks to prevent overdraft fees and a savings tool called Health Aid. All these help users manage their finances better. Find out more from the Earnin website.

The Dave app allows users to borrow up to $100 from their upcoming paycheck without any interest. It also provides budgeting tools to help users control spending and avoid overdraft fees. For more detailed information, visit the Dave website.

The Earnin app is compatible with both iOS and Android devices. Therefore, it can be downloaded and used on smartphones and tablets running these operating systems.

Yes, there are eligibility requirements to use the Dave app. Users should have a steady income, a checking account, and should be paid via direct deposit to be eligible.

Neither the Earnin app nor the Dave app charge interest on their payday loans. These apps are designed to help users navigate financial emergencies without the burden of high-interest rates.

One of the limitations of the Earnin app is that the maximum amount a user can borrow per pay period is dependent on their income and spending habits. Also, the app requires access to the user’s bank account, which some users may not be comfortable with.

No, the Dave app does not require a credit check. This can make it a good option for those with poor or no credit scores.

No. The Earnin app requires users to have verifiable income from an employer. This income should be directly deposited into a checking account that Earnin can link to.

Yes, the Dave app offers an advance up to $100 on a user’s next paycheck. This is one way users can avoid bank overdraft fees.

Yes, Earnin offers a feature called Health Aid which is a savings tool designed to help users negotiate their medical bills and potentially save money.

Yes, the Dave app offers a feature that predicts your lowest possible balance before your next paycheck arrives. This budgeting tool helps to prevent you from overspending and facing overdraft fees.

Yes, the Earnin app provides customer service through email and a live chat feature on their website, ensuring users can get assistance when needed.

Yes, the Dave app provides customer service via email to address any issues or inquiries users may have.

No, users are not required to tip for using the services of the Earnin app. However, they have the option to leave a tip, which helps to support the app’s services.

Yes, the Dave app requires a membership that costs $1 monthly. The membership subscription includes all the app’s features, including payday advances with no interest.

The Earnin app requires users to provide proof of steady payroll deposits from their employer into a checking account. The bank account activity serves as the income documentation required by Earnin.

The Dave app is suitable for users who want to avoid expensive overdraft fees, require small payday advances before their next paycheck, and need assistance with budgeting.

While Earnin is primarily used for payday advances, it also offers additional services like Health Aid to negotiate medical bills, and Balance Shield to protect against overdrafts.

Yes, besides offering payday loans, the Dave app also provides a tip-supported job platform called Side Hustle and budgeting tools to help control spending.

Both the Earnin and Dave apps prioritize user data security. They use encryption to protect your data and don’t share information with third parties without your consent.