Dave is here to help by providing you ExtraCash™ advances to cover a monthly charge or even an unexpected expense.
Your advance eligibility amount is determined by analyzing your financial health using a wide variety of data points, and your recurring income date is set as your settlement date.
These include:
• At least three (3) recurring deposits
• Income history and spending patterns
• A total deposit of $1,000 or more monthly, to get a higher advance amount
• If you set up your external account, Dave will also verify that your account has a minimum 60-day history and check for any recent negative balances
Based on these factors and more, the advance amount you are eligible for updates daily and each day, the limit may change.
Please note, you won’t be able to take an advance if you have any outstanding balances.
Dave can notify you when you qualify for an ExtraCash™ advance!
Head to Settings ⚙️, click Notifications, and scroll down to Advance Approval Alerts. You can choose to receive it through a push notification or SMS.
