Albert App Review

Albert wraps banking, budgeting, saving, and beginner-friendly investing tools around a cash advance feature called Instant Advance. Borrow between $25 and $500 with no credit check, interest, or late fees; repayment is pulled automatically about six days later (with one optional seven-day extension). Access to the service requires a subscription that runs $11.99–$29.99 per month after a 30-day free trial. Advances arrive in minutes for a $5.99–$14.99 express fee or in 2–3 business days at no cost. To qualify, Albert wants to see a few months of steady direct-deposit income, a positive balance, and responsible account activity. Beyond quick cash, users get early paycheck access, a cashback debit card, automated savings, spending insights, bill-negotiation help, and the ability to start investing with as little as $1.

Albert might work well for you if:

• Emergency gap: You need up to $500 to bridge the time until your next paycheck
• Interest-free: You want an advance with zero interest, zero late fees and automatic repayment
• All-in-one app: You’ll actually use the bundled budgeting, saving, investing and card perks that come with the subscription
• Early paychecks: You plan to route your direct deposit to Albert to get paid up to two days early and access fee-free ATMs

When Albert might not be a good fit:

• High monthly fee: The $11.99–$29.99 membership can eat up the value of a small advance if you don’t use the other tools
• Instant cost: There’s a fee for receiving cash within minutes instead of waiting the free 2–3 business days
• Income proof: Irregular deposits, a new bank account or negative balances can block your eligibility
• Need bigger loan: A $500 ceiling won’t cover larger emergencies

Some of the Albert cash advance requirements include:

1. Consistent income: Have a history of regular income deposited directly into your bank account.
2. Account history: Maintain your bank account for several months to establish a sufficient transaction history.
3. Positive balance: Ensure your bank account maintains a positive balance.
4. Financial behavior: Demonstrate responsible financial habits, such as saving regularly, prudent spending, and timely repayment of any debts.
5. Credit score (optional): While not required, having a good credit score can enhance your eligibility.

Albert will determine your eligibility and the maximum cash advance you can receive, which can be up to $500.

You will typically receive your cash advance in your bank account within 2–3 business days with the free standard transfer.

If you need your money faster, you can opt for Instant Transfer to get your cash within minutes. This option costs between $5.99 and $14.99, depending on the amount of your advance.

When you take a cash advance from Albert, you'll need to pay it back 6 days after you get it. Here's what to know:

1. Extension available: Need more time? You can request an extension of up to 7 days right in the app.
2. Automatic repayment: On the due date, Albert automatically deducts the advance amount (plus any express fees) from your linked checking account.
3. Insufficient funds: If there's not enough money in your account, Albert might adjust the repayment date or amount and will let you know via the app.
4. No late fees or interest: Albert doesn't charge late fees or interest if you're unable to repay on time.
5. Access to advances: If you don't repay by the due date, you might not be able to get more advances until you pay back what you owe.
6. No debt collection: Don't worry, Albert won't engage in debt collection activities if you can't repay the advance.

Albert isn’t just about spot-advances. Once you’ve enrolled in the monthly Genius plan, you unlock a stack of everyday money tools that live in the same app.

Cash account perks

Open a mobile checking account inside Albert and you can set up direct deposit to get paid up to two days early. The linked debit card earns automatic cash-back at select stores, taps 55,000 fee-free ATMs and offers up to $250 of overdraft coverage so you don’t eat an NSF fee.

Budgeting & savings tools

Albert pulls in transactions from all your linked accounts, auto-labels the spend and flags anything odd—like a bill that’s about to hit or a charge that looks off. The app crunches your cash-flow and quietly moves a few affordable dollars into a separate savings pocket for each goal you set, so saving feels pretty hands-off.

Investing

You can start investing with as little as $1. Pick individual stocks and ETFs yourself or let Albert build a managed portfolio that fits the risk profile you set inside the app. You can also tweak that portfolio later if your goals change.

Bill cutting help

Hand off your internet, phone or cable statements and Albert will try to negotiate a lower rate; if they succeed, you keep the lower bill and the savings stay in your pocket. The app also surfaces forgotten subscriptions so you can cancel the ones you don’t need.