Beem App Review

Beem’s headline feature, Everdraft, is an interest-free cash-advance tool that lets you pull roughly $10–$1,000 from an upcoming deposit. There’s no credit check, no hard due date and no late fees—the balance is automatically taken back when your next paycheck or other verified deposit hits. Funds arrive in 3–5 business days for free, or in about 20 minutes if you pay an express fee of $0.99–$4.

Access is wrapped inside a tiered membership system. You can stay on the $0 Free plan for basic money tools or step up to Lite ($0.99), Basic ($2.47), Plus ($5.97) or Pro ($12.97) per month to unlock larger advance limits, credit monitoring, ID-theft coverage and income-loss protection.

The cash-advance perk sits alongside an FDIC-insured wallet with early direct deposit, a companion credit-builder Mastercard, AI-powered budgeting, cash-back shopping, free tax filing and more, positioning Beem as a broad money-management app rather than a traditional payday-loan substitute.

Beem might make sense if:

• Bigger buffer: You need up to $1,000 in no-interest Everdraft cash to bridge a short gap
• Gig income OK: Your pay is irregular—eligibility is based on verified deposits, not credit scores
• Free ACH: Waiting 1–3 days for a no-fee bank transfer beats paying express fees
• More perks: You’ll actually use the budgeting bots, credit-builder card, cash-back offers or free tax filing that come with membership tiers
• Safety net: Plus and Pro plans add job-loss or disability protection on the advance balance

When Beem might not be a great fit:

• Subscription stack: Higher limits sit behind monthly fees that climb to $12.97 (or $99.99 a year)
• Rush costs: Instant transfers can tack on $1–$4 plus up to $2.99 per advance
• Small limits: Free, Lite and even Basic tiers cap advances at roughly $20–$100
• Auto pulls: Repayment is taken automatically when deposits hit—tricky if your cash flow is shaky
• Loan pitches: The app markets outside loans with APRs up to 35.99%, tempting users toward pricier debt

Beem checks just a few basics before it unlocks Everdraft cash:

1. Age & location: You’re 18+ and living in the U.S. or its territories
2. Linked account: Connect a checking account that’s active and already getting recurring deposits
3. Income proof: Show a steady flow of pay—regular job, gig work or self-employment all count
4. Healthy cash flow: Keep that account in good standing (few overdrafts, reasonable spending); Beem reviews this instead of running a credit check

Need it now or can it wait? Beem lets you choose:

• Free ACH: money lands in your bank in about 3–5 business days.
• Instant: cash shows up in your Beem wallet or on a linked debit card in roughly 20 minutes for 99¢–$4 (annual Basic members pay just 99¢–$1.56 for advances of $20 or less and $4 for bigger pulls; everyone else sees $1–$4).

No interest, tips or hidden costs—just the flat rush fee if you want it fast.

1. Auto pull: There’s no set “due date.” Beem grabs what you owe as soon as it spots a deposit or enough cash in your linked account.
2. Next paycheck: Borrow $10–$50 (Small plan) and the full amount comes out when your next paycheck lands.
3. Spread-out option: Take $101–$500 (Medium plan) and Beem splits repayment across up to three monthly pay cycles—still no interest or late fees.

If you only came for quick cash, you’ll still notice plenty of add-ons swirling around the Everdraft advance button.

FDIC-insured wallet & payments

Beem lets you park up to $250,000, get direct deposits up to two days early and move money by ACH or wire. You can also send, request or split cash instantly—recipients don’t need the app or even a bank. A “Send Money, Pay Later” toggle fronts the transfer now and settles it automatically from your next deposit. Any leftover cash can slide into a savings pocket that’s currently paying up to 5 % APY.

Credit building tools

The Beem Companion Card is a fee-free Mastercard that reports every purchase or ATM withdrawal to Experian, Equifax and TransUnion, so each swipe can help nudge your credit file. You’ll see your credit score inside the app, with monitoring and change alerts baked in.

Budgeting, deals and rewards

An AI feed tracks bills, flags overspending and digs up ways to save: JOBSGPT surfaces side gigs, DEALSGPT finds discounts before you buy and PRICEGPT checks if you’re overpaying. On the fun side, cash-back offers reach up to 10 % on everyday spending, 3 % back on gas and extra earnings from in-app games or discounted gift cards. A built-in tax center, loan and insurance marketplaces and a stack of financial calculators round out the extras.