Dave is a banking app designed to put your financial mind at ease. Get up to $200 advances, build your credit history, and wave goodbye to overdraft and minimum balance fees.
If you’re human, you qualify!
There are no credit checks or minimum balance requirements with Dave Banking. Just pass a security check and you’re good to go.
Opening an account
When you join Dave, you open a spending account. It’s basically a checking account but you don’t get a physical checkbook mailed to you. Instead, you send and deposit checks from your phone.
Dave does not charge monthly or minimum balance fees for Dave Spending accounts. However, Dave charges a $1 per month Membership Fee to access our account monitoring and notification services, our budgeting feature, and to maintain an active connection to your external bank account.
Every account is protected by banking-level security and FDIC-insured up to $250,000. Plus, there’s a bear.
Build your credit by paying rent
Dave partnered with LevelCredit so you can report your rent and utility payments to major credit bureaus. Normally $100 per year, it’s free for Dave's spending account holders. Just sign up for the service in your app and LevelCredit will take things from there.
Get paid up to 2 days early
Just set up direct deposit and wait for 2 paychecks to come in so Dave can confirm your income. Then, if your employer’s system allows it, Dave will be able to get you your paycheck up to 2 days earlier.