Wanna Get Cash Advance with no Interest Rate? The Dave banking App might be a good option for you!

The Dave app offers you small cash advances when you’re at risk of overdrawing your bank account, with no interest or fees charged.

Current Dave Bank Promotions offers a $15 Dave Bank sign up Bonus when you sign up using the Dave Bank referral code, plus you will also get a $15 Dave Banking Referral Bonus for every successful referral.

So, In this article, we will see how you can build your credit along with a cash advance of $250 with no interest rate and no credit check. Let’s get started.

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Who is Dave?

Dave is a digital banking service for people who would like to pay for small items with their paychecks before it’s deposited.

It also offers them a “spending account” that doesn’t have an overdraft or low-balance fees.

Dave Bank created an app to help members avoid overdraft fees. The app lets you receive your paycheck early and get up to $250 advances without paying interest.

As of today, they have over seven million members, which puts them well ahead of some of their larger competitors. 

Dave Promotions: $15 Sign up Bonus

Dave Promotions offers a $15 Sign up bonus when you create a new Dave spending account through our special link and take an advance. Then your bonus will automatically be credited to your account within 24 hours.

How to Get Dave Sign up Bonus?

1. Click on the above button to download the Dave app.
2. Now Sign up using email and create a password.
3. It will ask you for Some basic details like your name and phone number.
4. To open a spending account, you will need additional details like SSN and Address.
5. At last, take a cash advance of $250 with no interest rate!
6. Done, your bonus will automatically send to your spending account.

Wanna maximize your Sign Up bonus? Check out our article on the $50 Sign Up Bonus and $25 Sign Up Bonus Promotions and claim your free money.

Dave Bank Referral Promotion: $15 Referral bonus

Dave Promotions offers a $15 referral bonus for each friend you invite. When someone joins through your referral link and creates a qualified spending account, both of you will get a $15 Bonus.

How to Claim a $15 Referral Bonus?

1. Open your Dave app, and search for the referral option.
2. Now copy your unique referral link and share it with your friends.
3. Once they create a spending account through your referral link and complete all the qualifying processes, both of you will get your $15 Bonus.

Dave Bank Features

The app provides tools for building credit and establishing financial habits, among other features. Some of the features of the app are as follows:

• Dave Cash Advance:  You can receive a cash advance of up to $250. Dave will take an overview of your bank account to determine how much you’re eligible for. If you receive a monthly deposit of $1,000 or more, you’ll likely get a higher cash advance.
• Dave LevelCredit: Dave has partnered with LevelCredit, a free financial tool for building credit. If you have a Dave Spending Account and make a recurring monthly direct deposit, you can use the service free of charge.

Make at least two direct deposits that total $1,000 into your Dave Spending Account. Once you fill out and submit the form, LevelCredit will activate your account.

To improve your credit score, make monthly payments on rent or utility services after you link your accounts. Your consistency will be reported to credit bureaus each month by LevelCredit.

• Dave Rewards: If you frequently use the Dave debit card, you’ll be able to earn cash back on shopping. Retailers will list their offers on the app.
• Dave Side Hustle: The app helps you find remote work opportunities. Create a profile and search for either remote or local side hustles.
• Dave Goals: You can keep track of personal finance goals through private or public goals. You may share public goals with anyone with the Dave app, while private goals cannot be shared.
• Dave Budgeting: Dave allows you to organize expenses to see how much money you spend in a particular category. This can also include upcoming expenses.

If you want to get even more features then you can also check our article on Onjuno Bank, Varo Bank, and Oxygen bank.

Is Dave Bank Legit?

Yes! Dave Bank is legit. It is a mobile finance platform, and the Dave Spending Account is FDIC insured through Evolve Bank and Trust.

Dave’s bank account can keep up to $250,000 and he can use 37,000 ATMs through the MoneyPass ATM network. Dave has 4.4 stars in the Google Play store and 4.8 in the Apple Store.

How do you add money to your Dave bank card, and How long does it take to deposit? 

• Bank Transfer 

Simply set up a direct deposit and transfer from an external account, and you can have a one-time or recurring bank transfer (ACH) made from your external bank account to your Dave Spending account. Most transfers will appear within five business days.

• Use Apple Pay or G Pay

To make a transfer, your linked card must be verified in your Wallet by following their verification method. This option does have a small fee. When you add money using Apple Pay or Google Pay, it should appear in your Dave Spending account in moments.

• Cash a check

To deposit a check, take a picture of the front and back of the check. With free deposits (up to 10 days), or with a small fee, you’ll get your funds quickly.

• Deposit cash

With a Green Dot network ATM or cash-back location, you can deposit cash into your Dave account anywhere. Select the Move Money tab and tap Find ATM & cash deposit locations to find participating retailers.

Please note that you can only load cash at participating retailers’ points of sale.

ATMs do not allow you to deposit cash. Some retailers will also print the processing timeframe on the receipt. The retailer will be able to provide you with the funding timeframe and some will also print the processing timeframe.

How To Delete Dave’s Account?

1. Open your Dave Bank account.
2. Go to your profile and view your membership status.
3. Click on “Pause Membership.”
4. Now Click on “Cancel My Account.“
5. Once your subscription is canceled, your account will get deleted in days.

Conclusion

Overall, The Dave Spending Account might be a good choice if you are looking for a simple checking account with no monthly maintenance fees. It lacks other common perks, like ATM fee reimbursements, but its $0 opening deposit will definitely appeal to some people.

Dave Bank Promotions has many benefits, including a $15 Dave Sign up bonus and a cash advance of $250 without any interest rate, as there is no credit check required.

FAQs of Dave Bank