Cash Advance Apps
FloatMe

Is FloatMe app legit?

By Editorial Team
Last Updated: Nov 13, 2025

FloatMe is an actual business: it started in 2020, is headquartered in San Antonio, and shows up on regulators’ rolls (NMLS #2596392 and a California DFPI license). You’ll need the $4.99 monthly membership to tap its interest-free “Floats,” which can reach $200 and come with no credit check or collections if you miss repayment. Legit credentials aside, the service has drawn scrutiny—86 BBB complaints in the past three years and, more seriously, an FTC order from October 2024 forcing $3 million in refunds and a ban on the deceptive “dark-pattern” hurdles it used to keep people from canceling. In other words, FloatMe exists and is regulated, but its complaint record is worth weighing before you sign up.

How reliable is FloatMe?

Hundreds of user comments from 2025 point to a mostly dependable experience:

  • Fast funding: Many report cash landing “within minutes,” perfect for gas, groceries or an unexpected bill
  • Always there: Reviews packed with phrases like “always comes in clutch,” “always works,” and simply “reliable” suggest few hiccups when requesting a float
  • Peace of mind: Knowing small advances are available 24/7 helps users dodge overdraft fees and stay calm between paychecks
  • Small limits: A minority feel the initial $20–$50 cap grows too slowly, so it may not cover bigger surprises

Table of contents

How reliable is FloatMe?How much can I get from FloatMe?What users say?Scam reports

How much can I get from FloatMe?

  • Starts small: first-time floats usually land between $10 and $50—lots of users mention $20 or $30, a few started at $50.
  • Can grow: paying back on time can bump your limit; some reviewers say their amount doubled or “went up quickly” after a few successful cycles.
  • Slow climbs: plenty of people report being stuck at $20–$50 for months, even with spotless repayment histories.
  • Rare $200: $200 is FloatMe’s advertised cap, yet none of the feedback we read shows anyone reaching anywhere near that figure, so expect modest advances.
App reviews talking about Loan Amounts:
"...they only give you $10 or $20..."
"...I was approved for 20.00 and was not eligible again..."
"...I borrow as little as possible. Just enough to get me through a day or two!"

What users say?

Positive
2%
Negative
98%
Many users complain about difficulties in canceling their subscriptions with FloatMe. They report being charged fees even after attempting to cancel their accounts, with some mentioning unauthorized charges continuing for months. The cancellation process seems cumbersome, with users expressing frustration over unresponsive customer service and a lack of clear instructions. The sentiment is overwhelmingly negative, with users feeling trapped by a service they no longer wish to use.
App reviews talking about Subscription Cancellation:
"...they will refuse to cancel your account - And they will continue. To take fees out of your account without your authorization..."
"I have canceled my subscription and I keep getting charges for the subscription..."
"...it took me a month after constantly pressing cancel membership to actually cancel it..."

Scam reports

We found roughly 50 recent app-store comments calling FloatMe a scam; the big gripe is paying the mandatory $4.99 membership upfront only to be denied even the smallest float.

Several users report the fee keeps hitting their account—sometimes duplicate debits like six $77 tries—after they’ve canceled, while customer support tickets go unanswered and bank details can’t be removed.

A few reviewers also fear their SSN and banking data are being resold, with one pointing to an FTC lawsuit; overall, the complaints revolve around surprise charges, no advances, tough cancellations and possible data risk.

App reviews talking about Scam:
"...they charge you their membership fees and do not 'Float you' worst app. they're scammin..."
"...scam pay 5.00 to be denied an advance. do not use this service it is a SCAM..."
"...this app is creepy.. it steals your money out your account each month and never gave me any type of advance."
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