Chime works more like a bank than anything else
Nonetheless, it’s one of the most convenient apps like Earnin out there. How does it work? With Chime, you can get an advance up to two days ahead of your payday.
Now, we understand that’s not the ideal time frame and isn’t as helpful for financial emergencies. However, there are numerous benefits to Chime that can overshadow that flaw. For example, the spending account and Visa Debit Card newly registered users get. With those, you immediately have the right tools to spend money at your disposal without qualms. You can even withdraw money from your Chime account anytime through an ATM.
In addition, Chime doesn’t charge any transaction fees or subscriptions and it doesn’t even ask for tips. Instead, Chime earns through interchange fees that you incur whenever you use the debit card.
4. DailyPay
If you want to withdraw your balance earlier in the payroll cycle, the right apps like Earnin are hard to come by. Thankfully, alternatives such as DailyPay do exist. How does it work?
Simply put, the DailyPay app integrates with your company’s payroll system. This allows the app to calculate how much you’ve already earned as you work. You can then choose to withdraw your balance anytime as long as you’ve already earned it. Of course, this does come with a $1.99 transaction fee, but that’s fairly affordable if you don’t withdraw often.
The only downside with DailyPay is that it has to work with your company already. Thus, if the app isn’t linked to your company’s payroll system, there’s no way you can use it.
5. Dave
If you’re looking for another app similar to Earnin, then we highly recommend Dave. Like when you’re using Earnin, you can get a maximum advance of $100 up to two days before payday and without fees. The only thing Dave will cost you is a $1 monthly subscription.
Now, that may seem like a disadvantage considering Earnin charges you nothing but tips. Nonetheless, what makes Dave a great alternative is how it helps you earn credit. This is because Dave has partnerships with LevelCredit, allowing you to report your rent payments to credit bureaus. In turn, this will help bolster your credit rating and improve your overall score.
6. Even
If you want to get unlimited instant advances on your paycheck, Even is the better choice over other apps like Earnin. Why? Even doesn’t restrict its users on when, how often, or how much they withdraw. As long as you’ve already earned it, Even will let you withdraw it.
Of course, there are strings attached to the app, and they come in two forms. The first is the monthly subscription it charges users, and the second is company integration. Let’s talk about the former first.
Even charges an $8 fee, which you have to pay monthly. While this may seem steep, the app actually charges a fairly low price if you withdraw pretty often. Moreover, these payments come instantly. To top it off, Even throws in additional features for budgeting and accumulating savings.
The second catch is that Even has to integrate with your company. Hence, your employer has to have already partnered with the app for you to use it. If not, you’ll have to look for other solutions.
7. Fast Cash Advance
Many apps like Earnin don’t always provide quick approvals for loans and advances. That’s the main reason why people like to look for alternatives. If speed is your main priority, check out Fast Cash Advance.
Through Fast Cash Advance, you can apply for payday loans and get quick approvals. Its approval system is so quick that it can even take only minutes to complete. The app even notifies you about the status of your request.