FloatMe is a cash advance app that “floats” you up to $50 between paydays. It also has overdraft protection alerts to help you avoid overdrawing on linked accounts. But its low $50 limit — paired with its $3.99 monthly fee and $3 to $7 instant delivery fees — means you could end up paying more than its worth for very little funding. And when you first sign up, you’re likely only eligible for $10 to $30.
Many other apps offer higher cash advances and short-term installment loans — and several don’t charge interest or late fees but may require monthly membership fees.
- FloatMe’s standout perk is simple, small “floats” plus overdraft alerts that can help you avoid fees. But the cap is tiny — typically up to $50 — so it won’t cover bigger shortfalls.
- Costs add up fast for such a small amount: there’s a $4.99 monthly fee and $1–$7 instant transfer fees which take a big bite out of that $50 max advance.
- Many competing apps are better, with higher cash-advance limits, faster transfer options, and lower to no mandatory fees.
6 alternatives for apps like FloatMe
Alternative for freelancers
Cleo
If you’re a freelancer or gig worker with varying paychecks, Cleo has your back. With Cleo, you can get cash advances up to $250 to tide you over and prevent overdrafts. What makes it good for freelancers is that Cleo doesn’t have a minimum income requirement. As long as you have consistent income, you could qualify for cash advances.
Cleo cash advance amounts start at { DETAILS.LOAN_AMOUNT_MIN }} to $70, but that could increase to $250 over time. Cleo also packs features to help you budget and track your spending and bills better. Cash advances are available on the Cleo app through its paid plan which costs $5.99 a month. If you need a same-day transfer, it’s an additional $3.99 to $9.99.
| Loan Amount | $20 – $250 |
|---|---|
| Turnaround time | 3 to 4 days or instant for a fee. |
| Costs | $5.99 monthly membership fee to access cash advances |
| Loan Amount | $20 – $250 |
|---|---|
| Turnaround time | 3 to 4 days or instant for a fee. |
| Costs | $5.99 monthly membership fee to access cash advances |
Read review
Alternative for higher loan amounts
EarnIn
Most cash advance apps have higher loan amounts than FloatMe. But EarnIn offers up to $750 per pay period with no membership fee, so it beats FloatMe on both of those counts. But instant transfers come with a fee, which isn’t disclosed until you make the advance request. Plus, you can only get advances based on money you’ve already earned so you’ll have to verify your hours worked, which may feel intrusive.
| Loan Amount | Up to $750 |
|---|---|
| Turnaround time | 1 to 2 business days or within 30 minutes for a fee |
| Costs | Free to use or within minutes with a fee as low as $2.99 per transfer |
- Not available in: Connecticut
| Loan Amount | Up to $750 |
|---|---|
| Turnaround time | 1 to 2 business days or within 30 minutes for a fee |
| Costs | Free to use or within minutes with a fee as low as $2.99 per transfer |
Read review
Alternative for investment features
Albert
Albert, offers overdraft protection that’s available with your Albert Cash account up to $1,000. This is much larger than FloatMe’s biggest advance and the funding is instant with no transfer fees. There’s also no credit check or interest charges — and no late and inactivity fees. But to access the overdraft feature and most of its investing, savings and budgeting tools, you’ll need to pay for the Genius subscription at Optional $14.99 monthly subscription to access budgeting and basic savings a month. New members are automatically enrolled in a 30-day free trial of Genius, so you can see how you like it before committing to the monthly charge.
| Loan Amount | $25 – $1,000 |
|---|---|
| Turnaround time | Instant |
| Costs | Optional $14.99 monthly subscription to access budgeting and basic savings |
| Loan Amount | $25 – $1,000 |
|---|---|
| Turnaround time | Instant |
| Costs | Optional $14.99 monthly subscription to access budgeting and basic savings |
Read review
Alternative for repayment extensions
Brigit
If funds are a little tight and you need a flexible repayment schedule for cash advances, Brigit might be worth considering. It offers cash advances up to $250 and the option to extend your due date up to three times — FloatMe has no due date extensions. Brigit also doesn’t ask for tips or charge interest and instant delivery is available for a fee.
But Brigit isn’t free. You’ll need to sign up for a $8.99 to $14.99 monthly membership fee. But it doesn’t just give you access to advances — it also features overdraft protection, similar to FloatMe, alerting you when you’re at risk of overdrawing your account. Brigit also offers identity theft protection and budgeting tools. However, the $8.99 to $14.99 monthly fee may be too steep for the advances.
| Loan Amount | $50 – $250 |
|---|---|
| Turnaround time | 1 to 3 business days or instant with a Premium subscription or for a fee. |
| Costs | Brigit Plus: $8.99/month; Brigit Premium: $14.99/month |
| Loan Amount | $50 – $250 |
|---|---|
| Turnaround time | 1 to 3 business days or instant with a Premium subscription or for a fee. |
| Costs | Brigit Plus: $8.99/month; Brigit Premium: $14.99/month |
Read review
Alternative for all-in-one banking
Cash App
Cash App has nearly any mobile app feature you’ll likely need — including a new Borrow feature allowing some users to take out small loans up to $200. Other features include its infamous peer-to-peer payment system allowing you to send money to friends and family, early paycheck access, investing features, a Visa card connected to your Cash App balance and more.
While there are no membership fees to use the features, the small loans come with a 5% monthly fee, which is equivalent to a 60% APR. Unlike most other apps on this list, there are late fees of 1.25% charged per week after the one-week grace period. And to boot, the Borrow feature isn’t available to everyone just yet. The app states the feature isn’t available to all residents, and you must have an activated Cash Card, frequent app usage and a good credit history.
| Loan Amount | $20 – $200 |
|---|---|
| Turnaround time | Same day |
| Costs | 5% flat fee |
| Loan Amount | $20 – $200 |
|---|---|
| Turnaround time | Same day |
| Costs | 5% flat fee |
Read review
Alternative for quick installment loans
Possible Finance Mobile Installment Loans
It’s another app, but it’s not like FloatMe or other cash advance apps. Possible Finance is a mobile app that offers short-term installment loans. And unlike most other cash advances apps, it doesn’t require you to have direct deposit with the app, there are no membership fees and its loans aren’t payday advances.
Possible Finance offers same-day turnaround time if you have a Visa debit card, gets decent reviews, requires no credit check and repayments align with your payday. Loan terms can run from two to eight weeks in installments. Additionally, Possible reports payments to two of the three credit bureaus, a perk not available with cash advances.
However, APRs can get high. In many states, expect to be charged $15 to $20 per $100 borrowed, and APRs up to 460%. And Possible loans are only available in some states — and exact rates and loan amounts vary — so be sure to check for availability.
| Loan Amount | $50 – $500 |
|---|---|
| APR | 150% to 460% |
| Turnaround time | As fast as 1 business day |
- Available in: Alabama, California, Delaware, Florida, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Ohio, Oklahoma, Rhode Island, South Carolina, Tennessee, Texas, Utah, Washington
| Loan Amount | $50 – $500 |
|---|---|
| APR | 150% to 460% |
| Turnaround time | As fast as 1 business day |
Read review
How does FloatMe compare?
FloatMe is great for when you want to avoid overdraft fees. While there are many apps without a membership fee, its monthly fee is less than some others, at only $3.99 a month. And you only need recurring deposits of $150 per pay period.
That said, its low $50 maximum may not be enough to cover some emergencies. And in most cases, new users may only qualify for a $10 or $20 advance at first. It offers instant delivery for up to $7 — lower than some — but for advances of less than $100, that might be a little pricey. Plus, it doesn’t consider earnings from self employment or gig work as eligible income — like Cleo does — which eliminates many potential users.
Learn more about this app with our FloatMe cash advance review.
