Cash Advance Apps
How does FloatMe cash advance work?

How does FloatMe cash advance work?

By Editorial Team
Last Updated: Jun 13, 2025

FloatMe is a cash advance app that lets you access up to $200 to cover expenses before your next paycheck. Instead of charging high interest like payday loans, FloatMe requires a $4.99 monthly membership fee. To get started, you download the app, sign up, connect your bank account, and request a cash advance called a "Float". You can receive the funds instantly for a small fee or wait 1-3 business days for free, and the amount is automatically repaid on your next payday without any additional costs.

How to get a FloatMe cash advance: step-by-step

Download FloatMe on your phone and follow these steps:

  1. Check eligibility: Ensure you're at least 18, a U.S. resident with a valid SSN or TIN, and not in an excluded area.
  2. Sign up: Create your account with your personal information and set up a username and password.
  3. Join membership: Pay the $4.99 monthly fee to access cash advances.
  4. Link bank account: Connect your bank account (a Bank Connection Fee may apply).
  5. Request cash: Choose the amount you need (up to $200) and submit your request.
  6. Select delivery: Pick how you want the funds delivered:
    • Standard ACH transfer (1-3 business days)
    • Instant Float via debit card (within 8 hours, may incur a fee)
  7. Confirm and receive: Acknowledge any fees, confirm the terms, and receive your cash in your bank account.

Table of contents

How to get a FloatMe cash advance: step-by-stepAdvance amounts, fees and repayment termsHow long does FloatMe cash advance take?What do FloatMe users say about funding speed?

Advance amounts, fees and repayment terms

Advance amounts
$10 - $200
Monthly fee
$4.99
Time to get cash
1–3 business days
Expedite fee
$1 to $7, depending on advance amount
Time to get cash with express fee
Within 8 hours

How long does FloatMe cash advance take?

With FloatMe, you can get your cash advance deposited into your bank account in 1 to 3 business days for free using the standard transfer.

If you need your money faster, you can opt for the Instant Float option to receive your funds within 8 hours. This comes with a fee based on the amount you borrow:

  • $1 fee for a $10 advance
  • $3 fee for a $20 advance
  • $4 fee for a $30 advance
  • $5 fee for a $40 or $50 advance
  • $6 fee for an $80 advance
  • $7 fee for a $100 or $200 advance

The Instant Float fee is debited when you repay the advance.

What do FloatMe users say about funding speed?

Out of dozens of reviews published in May 2025 that we analyzed, we found over 60 recent comments mentioning funding speed. Here's what users say about it:

  • Fast and easy: The majority praise how quickly they received cash—often calling it "fast", "easy", or "instant". Many appreciated getting funds in minutes when they needed it most.
  • Rare delays: A few mention experiencing delays or issues, such as waiting longer than expected to receive funds or problems after resubscribing.

Overall, most users are happy with FloatMe's quick funding, finding it reliable when they need a small advance before payday. However, a small number report occasional hiccups in receiving funds promptly.