Cash Advance Apps
What is Beem cash advance?

What is Beem cash advance?

By Editorial Team
Last Updated: Aug 06, 2026

Beem is a cash advance and banking app that offers instant cash advances up to $1,000 through its Everdraft™ feature. Users can get their money in minutes with options for free standard transfers or instant delivery to a bank account or Cash App. The app supports various income types, including W-2, 1099, gig, freelance, and government income.

Besides cash advances, Beem provides personal loans up to $100,000 with rates starting at 5.99% APR, money transfer services, budgeting tools, AI-powered financial help, rewards and cashback on everyday purchases, and credit-building features like a credit-builder card and early direct deposit.

To qualify for a cash advance, you must be at least 18, a U.S. resident, have a valid SSN or ITIN, an active bank account, no pending dues, and meet Beem’s internal financial eligibility checks. The app offers several subscription plans ranging from $1.99 to $13.99 per month, each with different cash advance limits and benefits, plus small fees for instant fund transfers. Standard transfers take 1–3 business days and are free.

Does Beem give cash advances?

Yes, Beem offers cash advances up to $1,000 through its Everdraft™ feature. You can get the money in minutes with options for a free standard transfer that takes 1 to 3 business days or an instant delivery that costs between $0.99 and $4. The app supports various income types like W-2, 1099, gig, freelance, and government income. Repayment is automatic when your next verified deposit arrives, with no interest, credit checks, due dates, or APR involved. Different subscription plans give access to varying advance limits and fees.

Table of contents

Does Beem give cash advances?Advance amounts, fees and repayment termsBeem cash advance requirementsOther features

Advance amounts, fees and repayment terms

Advertised advance amounts
$1,000 - $1,000
Monthly fee
$1.99
Time to get cash
1–3 business days
Expedite fee
$0.99-$4
Time to get cash with express fee
Immediately

Beem cash advance requirements

To qualify for a Beem cash advance, you need to be at least 18 years old and a U.S. resident or live in the United States or its territories. You must have a valid Social Security Number (SSN) or ITIN, an active checking or bank account, and no pending dues. Beem also evaluates your eligibility through an internal assessment that looks at your bank balance, transaction history, earnings profile, and spending habits. For larger advances, having a regular income is important.

Other features

Besides cash advances, Beem offers several other features that can help manage your finances and improve your financial health.

Personal loans and transfers

Beem provides personal loans up to $100,000 with rates starting at 5.99% APR, giving users access to larger funding when needed. You can also send money for free to anyone in the U.S., even if they don’t use Beem, making it easy to handle everyday transfers.

Financial planning and AI tools

The app includes a budget planner to help you organize your spending and savings. It also uses AI to assist with budgeting, price comparisons, finding deals, and job searching, helping you save money and discover new income opportunities.

Rewards and credit building

You can earn cashback rewards on everyday purchases like gas, groceries, dining, and shopping, plus additional rewards through games and tasks. Beem also offers credit-building tools, including a credit-builder card and positive payment reporting to help improve your credit score.

Banking features

Beem supports direct deposit up to two days early, provides a debit card, and allows mobile check deposits, giving you convenient access to your money.

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