What is it?
Your Dave membership, for up to $5 per month, provides access to valuable services including access to ExtraCash™, Income Opportunity Services, and Financial Management Services, such as budgeting and low balance alerts.
Banking services are provided by Evolve Bank and Trust, Member FDIC, or another partner bank. ExtraCash amounts range from $25 - $500 with an overdraft fee equal to the greater of $5 or 5%. Multiple overdrafts may be required. Not all members qualify for ExtraCash™ and few qualify for $500. ExtraCash™ is repayable on demand. Must open an ExtraCash™ overdraft deposit account and Dave Checking account. Optional 1.5% fee for external debit card transfers.
When do I get billed?
The Dave membership renews monthly, on the same date that you started the membership.
For example, if you signed up for Dave on April 20, the next membership fee will be charged on May 20.
This fee will continue to be billed until you change your membership or close your Dave account entirely.
How can I manage my membership?
Cancel anytime in the Membership settings to stop the membership fee and all related services at the end of your current membership cycle.
- Go to your settings
- Scroll down and tap Membership
You must separately close your bank accounts. Please note, deleting the app will not end your membership or the subscription fee, and will not close your Dave bank accounts.
Can I change the date the membership fee is billed?
The date the membership fee is billed cannot be changed.
Can I pay it early?
The membership fee cannot be paid early. Dave will bill the monthly membership fee to any of the available methods each month, on the same date.