While taking an ExtraCash™ advance, you are shown a settlement date that you’ll need to agree to that allows Dave to automatically settle your ExtraCash balance on that date.
If Dave is unable to settle the entire balance on your settlement date, you may see smaller partial settlements that are applied towards your balance.
If you are encountering issues with settlement or if you want to manually settle your balance early, you can do so from the ExtraCash screen Please note, there is a 4 day (96 hour) cool-off period after taking an advance, before you can manually settle.
Settlement order
Dave will settle your ExtraCash balance using the methods shown when taking an advance. To view those methods, navigate to your ExtraCash and view the Settlement order details.
Settlement timeframe
If the balance was settled using your linked debit card, it may take up to 24 hours to process.
If it was settled using your external bank account (via ACH), it may take up to 5 business days to process.
Why is it taking so long to settle?
Please note, if your debit card is used for settlement and is unsuccessful, Dave will attempt to settle from your external bank account, which will take longer to process. Once the ACH settlement processes, you can check your advance eligibility in the app.
Viewing your settlement history
To view your recent ExtraCash advance details, navigate to your ExtraCash, then scroll and tap 'Recent activity.'
