What is EarnIn cash advance?

Yes, EarnIn gives cash advances of up to $750 per pay period (with a daily limit of $150) without any mandatory fees or interest. With their Cash Out feature, you can access your earned wages before payday. The standard delivery is free and takes 1–3 business days. If you need the money instantly, you can use their Lightning Speed option, which gets you the funds within minutes for a fee ranging from $2.99 to $5.99 per transfer (with the first transfer being free). Repayment is automatic and happens when your paycheck is deposited into your linked bank account on your next payday. There’s no credit check required, and while you have the option to tip, it's completely voluntary.

Some of the Earnin cash advance requirements include:

1. Age and Residence: Be at least 18 years old and live in the U.S., including U.S. territories.
2. U.S. Cell Phone: Have a valid U.S. cell phone number.
3. Checking Account: Have a checking account with a U.S. bank (no prepaid or savings accounts).
4. Income: Earn at least $320 per pay period from employment.
5. Consistent Pay Schedule: Receive regular paychecks via direct deposit (weekly, biweekly, semi-monthly, or monthly).
6. Work Verification: Have a fixed work location or an employer-provided email address.
7. Income Source: Not receive income from sources like SSI, disability pay, unemployment wages, or veterans benefits.
8. No Credit Checks: No credit checks are required to use EarnIn.

EarnIn will determine your eligibility and the maximum amount you can cash out based on these criteria. The maximum cash advance amount is $750 per pay period.

Beyond access to your earned wages before payday, EarnIn offers several other features that might help you manage your finances more effectively.

Balance Shield

Balance Shield is designed to protect you from overdraft fees. You can set up personalized alerts to notify you when your bank balance drops below a certain amount. Even better, you can opt to automatically transfer up to $100 from your available Cash Out to your bank account when your balance is low.

Tip Yourself

If you're looking to build up your savings effortlessly, Tip Yourself might be your new best friend. It allows you to set up a free, FDIC-insured savings account within the app. You can choose to automatically or manually transfer small amounts into this account, helping you reach your financial goals over time.

Credit Monitoring

EarnIn also provides free access to your VantageScore 3.0 credit score through Experian. Keeping an eye on your credit score can help you stay informed about your credit health and spot any potential issues early on.

Health Aid

Medical bills can be overwhelming, but EarnIn's Health Aid feature aims to help. They can assist in managing and potentially reducing unexpected medical expenses by working with your healthcare providers to negotiate and lower your bills on your behalf.