What is Grid Money cash advance?

Yes, Grid Money offers cash advances of up to $200 if you're on their $10 monthly subscription plan. With that fee, you get access to cash advances and other features they provide. There are no interest charges or late fees, but they do expect you to repay the advance, either in one installment from your next paycheck or in two installments if you're eligible. The standard delivery gets you the money in 1–3 business days for free, while the expedited option costs $2.99 and gets you the money in up to 8 hours.

Some of the Grid cash advance requirements include:

1. Financial Access: Provide Grid with access to your financial and payroll information.
2. Good Repayment History: Maintain a satisfactory repayment history on any prior advances.
3. Grid+ Membership: Have a Grid+ membership in good standing, if applicable.
4. Financial Review: Your eligibility and maximum advance amount are based on an analysis of your account activity, balances, direct deposits, history of timely repayments, income and tax refund projections, and other risk-based factors. Grid Money will assess these factors to determine your eligibility and set your cash advance limit.

Apart from the cash advances that Grid Money provides, and as part of your $10 monthly subscription, there are several other features that you might find helpful.

Build Your Credit

Grid Money offers credit-building loans to help you improve your credit score. By making consistent, on-time repayments, you can boost your credit without any credit checks or pulls when you start.

PayBoost

With the PayBoost feature, you can get a portion of your yearly tax refund with every paycheck. This means you could receive up to $250 per month in advance based on your expected tax refund, giving you some extra cash throughout the year.

Flexible Repayment Options

When it's time to repay your advances, Grid Money gives you options. You can have the repayment automatically deducted from your next paycheck, or if you're eligible, you can split it into two equal installments, making it easier to manage your finances.

No Interest or Hidden Fees

Grid Money is transparent about their fees. There is no interest charged on your advances, and you won't encounter any late fees or hidden charges, so you can borrow with peace of mind.