What is Gerald cash advance?

Yes. Gerald lets you snag an instant cash advance that starts around $10–$100 and can climb to $200 as you prove eligibility. The money lands in your bank account right away and there are no subscription costs, transfer fees, interest, or credit checks. Repayment is straightforward: they pull back exactly what you borrowed on your next payday. One quirk—bigger or free instant transfers are tied to using Gerald’s Buy Now, Pay Later checkout (Cornerstore) for part of the advance. If you’re cool with that trade-off, it’s a zero-fee way to cover a small gap before your check hits.

Some of the Gerald cash advance requirements include:

1. Personal Information: Provide and verify your identity, income, and bank account details.
2. Bank Account: Have a bank account that's over three months old with a positive balance and maintain funds for a few days after each paycheck.
3. Payroll Deposits: Show a history of regular payroll deposits of $100 or more.
4. Timely Bill Payments: Demonstrate a consistent history of paying your bills on time.
5. Gerald Usage: Maintain responsible usage of Gerald's services, such as using the Buy Now, Pay Later (BNPL) feature.
6. Advance Spending: Use a portion of your cash advance for purchases on Gerald's Cornerstore or Cranberry Mobile plans before transferring funds to your bank account.

Gerald will assess your eligibility based on these factors and determine the cash advance amount you can receive, ranging from $40 to $200. All services come with no interest, fees, or credit checks, offering a transparent and flexible financial solution.

On top of the fee-free cash advances that Gerald offers, there are several other features that might help you manage your finances more effectively.

Buy Now, Pay Later

Gerald's Buy Now, Pay Later (BNPL) feature lets you purchase essential items without paying anything upfront. Through their store, Cornerstore, you can shop for everyday necessities and pay over time with no interest, fees, or late charges. This means you can get what you need now and pay later without worrying about extra costs. Plus, using the BNPL feature can unlock additional perks like free cash advance transfers.

Mobile Phone Plans

If you're looking for a flexible mobile phone plan, Gerald offers advances on phone plans through Cranberry Mobile. Powered by T-Mobile, these plans can be obtained without upfront costs. You can keep your existing phone number and manage your cell phone payments directly through the app, making it easier to stay connected without the immediate financial burden.

Rewards Program

Gerald also has a rewards program where you can earn benefits by using the app. By paying back your advances on time, you earn Store Rewards that can be used towards purchasing household items on Cornerstore. Additionally, the app features fun games and in-app tasks through "Play to Earn," where you can collect coins or points and redeem them for more rewards. It's a way to make the most of your time and get extra value from the app.