What is Cleo cash advance?

Yes, Cleo offers cash advances ranging from $20 to $250, with first-time users usually eligible for $20 to $100. To access cash advances, you need a Plus, Pro, or Builder subscription. Standard transfers are free but take 3 to 4 days, while same-day transfers are available for a fee between $3.99 and $14.99. Repayment is automatic on the due date, but cash advances are non-recourse, meaning you’re not obligated to repay them. You can also extend your repayment date if needed.

To qualify for a Cleo cash advance, you need to be at least 18 years old and have a valid Social Security number, birthdate, and residential address. You also must pass Cleo’s standard eligibility checks and reside in a state where cash advances are offered. Advance amounts range from $20 to $250 for most users, with first-timers typically eligible for $20 to $100. There are no credit checks involved, and same-day transfers are available for an extra fee.

Besides cash advances, Cleo offers several other features to help you manage your money more effectively.

AI Money Coach and Chat

You can chat with Cleo anytime using simple, natural language to get personalized, straightforward money advice tailored to your situation.

Budgeting and Spending Insights

Cleo tracks your spending by category and provides tips to help you stay on budget and improve your money habits.

Savings Tools

The app lets you set savings goals and supports you with automatic saving, challenges, and hacks to build consistent saving habits.

Credit Building

Cleo offers credit score insights and coaching, plus a credit-building option with a low minimum deposit and 0% APR to help improve your credit without a traditional credit card.

Debt Management

You can organize your debts in one place, prioritize payments, and create a payoff plan that works for you.

Financial Motivation

Cleo includes interactive quizzes and money challenges designed to make managing your finances more engaging and encourage better spending and saving habits.