burger
close
search
Home Loans

How to Get 1000 Dollars Fast

When looking for a $1,000 payday loan online, choosing the right direct lender is essential.

receive payday loan
Updated June 3, 2025
Editor photo
Edited by John Howard
Author icon
Written by Elise Banham
Here at MoneyFor, our goal is to help you make informed financial decisions. We are committed to accuracy and impartiality in all our content. It’s important to note that articles may reference products from our partners who compensate us. This influences which products we feature and their presentation on our site, not our evaluation.

Key takeaways

  • You can get a $1,000 loan instantly from online lenders.
  • Plenty of online lenders specialize in lending to consumers with low credit scores.
  • Payday loans, cash advances, and personal loans are a few options you have when you need fast cash.

If you need a $1,000 loan now, you’re not alone. A Bankrate survey found that only 41% of Americans would cover an unexpected $1,000 expense from their savings. More Americans would have to borrow.

But here’s the thing: being approved for a $1,000 loan with bad credit can be challenging. Many lenders prefer applicants with good to excellent scores. Luckily, there are a number of online lenders who offer cash loans to borrowers with less-than-ideal ratings.

We will walk you through the process of applying for a loan with bad credit and your best options to get money quickly. So, continue reading to explore how to borrow a thousand-dollar loan today!

Jump to:

How does a 1,000 dollar loan work?

A $1K personal loan works just like any other loan. You find a lender and submit a loan application. If approved, you read the agreement, sign it, and receive the funds. Two different loan options for borrowers with poor scores include installment loans and payday loans.

Installment loans require you to make monthly payments over a period of time, typically a few months to seven years. You can find these loans at banks, credit unions, or online lending platforms. If you have a low score, you may not qualify or will receive a loan offer with a very high interest rate and additional fees.

A lot of loans for poor scores are payday loans. Payday loans work differently than installment loans since they typically must be paid back in full with your next paycheck. Generally, you need to post-date a personal check to coincide with your next payday or allow the lender to draw money from your account automatically. 

You may be able to get 1 hour payday loans online with no credit check and instant approval. Otherwise, you’ll have to go to a physical branch. If your application is approved, you will receive a $1,000 payday loan on the spot or the next business day.

No credit check payday loans can be a solution when you need $1,000 cash loan with poor credit, but they should be used with caution. Most come with very high interest rates and fees exceeding 400% APR (annual percentage rate). Many states regulate payday loans, limiting how much a lender can charge and how much you can borrow.

advice

Need cash sooner rather than later?

Get a $200 loan now!

Why borrow 1000 dollars?

There are numerous reasons why you may need to borrow $1,000. Perhaps you need the cash for auto repair financing, consolidating debt, or paying rent. A loan can help cover emergency expenses like vet or medical bills. It can cover major life events like moving or getting married. Borrowing can be helpful in specific situations, but be sure that you can repay the loan to avoid accumulating additional debt.

Loan options for $1000

When you need to borrow $1,000, you have multiple types of loans to choose from. If you own property, you can apply for a home equity loan for debt consolidation. If you own your vehicle and have bad credit, you may want to look into title loans. Take a look at the chart below to get a sense of your options.

Loan typeCredit score requiredAverage interest rateRepayment termCredit check
Installment loan600+13% APR1 month to seven yearsYes
Payday loanNone391-600% APR2 to 4 weeksNo
Car title loanNone300% APR30 daysNo
Pawnshop loanNone120% APR30 daysNo
Home equity loan620+8% APR10 to 15 yearsYes

Read more about loans.

Apply for a $1000 loan

So far, you’re equipped with the basic knowledge about types of loans. Now, it’s time to check the eligibility criteria and apply.

Most lenders have the following requirements:

  • An active checking account
  • Be at least 18 years old
  • Have a valid email address and an active phone number
  • Have proof of legal residency 
  • A monthly income of at least $1,000
9.7
Moneyfor score

Get up to $750 if you qualify1

  • No Credit Checks2
  • Build Secured Credit Card3
  • Get Paid Faster with Direct Deposit4

Get up to $750 if you qualify1

Get Started
Review 12,985

Step 1: Start with research

When looking for a $1,000 loan online, choosing the right lender is a must. Look for a lender with a trustworthy reputation who will send you the money promptly. Read reviews on the Better Business Bureau (BBB) and Trustpilot to get a sense of other customers’ experiences.

Step 2: Prequalify before you apply

Once you find a lender, try to prequalify before you apply. Prequalification does not mean guaranteed approval. What it does is give you an idea if you potentially qualify and for what terms. Try to prequalify with at least three different lenders.

Step 3: Weigh your options

Once you’ve prequalified, compare the loans you prequalified for. Read the terms and conditions. Compare interest rates, fees, amounts, and repayment terms. Go with a lender who offers you the most affordable loan. 

Step 4: Submit the application 

When you know what loan you want, it’s time to submit the application. Most lenders will require documents like proof of income, evidence of an active bank account, or paycheck stubs. Gather these documents ahead of time to speed up the application process.

Step 5: Receive & use the funds

Once approved, read the terms and conditions. After you sign your loan agreement, the lender will deposit the funds directly into your bank account.

advice

Want a bit of cash fast?

Click here for other short-term loans.

How to get a 1,000 dollar loan online right now

Being approved to borrow funds is never going to be 100% certain, but there are some things you can do to increase your odds of acceptance significantly. First, find an online lender with low credit score requirements. Second, complete the application accurately and be honest about your income. Lastly, respond quickly to any offers you receive.

Applying for loans you qualify for is the best way to get emergency cash immediately. It may take slightly more digging to find the right lender, but the approval and funding process will be smoother.

Things to consider when applying for an online loan

When applying for loans online, you should consider the following points.

1. Check your credit score 

Your credit score is the first and foremost thing lenders check. They use your score to determine how likely you are to repay the money. Aim for a good score above 690 before borrowing $1K cash.

If your score is lower than what is typically required, your best bet is to try to increase it. Start by paying off your debts and being on time with all your bills. Your score should improve in just a few months. The higher your score, the easier the loan approval process will be.

If you don’t have time to improve your score before you apply, look for lenders that don’t require a credit check or have a low minimum credit score requirement. Plenty of payday lenders and online lenders fall into that category.

2. Make sure you meet eligibility criteria 

The eligibility requirements for a fast $1,000 loan vary from lender to lender. However, they all have a few basic requirements: income, residency, occupation, and age. Make sure to check the criteria and only apply if you’re eligible.

3. Understand interest rates & additional charges

The interest rate and fees will depend on the loan type and the lender. Applicants with low scores will be subject to higher interest rates and additional fees to offset the lender’s risk.

Payday loans have notoriously high interest rates. The fees can be equivalent to a 400% APR  (annual percentage rate), according to the Consumer Federation of America. Despite such high costs, more than 2.5 million Americans apply for them every year.

advice

Considering a payday loan?

Find out how much a $500 payday loan could cost.

Can I get a 1,000 dollar loan with bad credit?

Getting a $1,000 loan with bad credit can be challenging, but it’s possible. When you submit a loan request form at a bank or credit union, they’ll perform a hard inquiry to see if you meet their criteria. This makes it hard to get a personal loan when your score is poor.

On the flip side, direct payday lenders do not perform any hard inquiries. Instead, they focus on your income to determine your ability to repay the money on time. When you need a $1,000 same-day loan and you have a low score, it may be easier to qualify for a payday loan.

You can also look into online lenders who offer poor credit loans. Many online lenders have low or no credit score requirements. Some do not even check your credit. Like payday lenders, many will approve your request and send funds the same day.

advice

Looking for a quick loan?

Find the $2000 loans you need now!

Fast $1K loan options

If you need $1,000 dollars by tomorrow, it’s best to stop first and weigh your choices. You can secure loans from:

  • Banks
  • Credit unions
  • Online lenders
  • Private lenders

Discover related topics

  • Up to $1000 Loan Today no Credit Check
  • Direct Deposit Loans in Minutes no Credit
  • $1000 Loan Today no Credit Check
  • Bad Credit Loans with Monthly Payments
  • Apply for Personal Loan
  • Fast Cash Direct Deposit with Bad Credit in Minutes

Personal loan

Personal loans are typically installment loans that are repaid over a few months to a few years. They have fixed interest rates and stable monthly payments. You can often get $1,000 in cash at a lower interest rate than a payday loan.

Online lenders provide personal loans with more lenient lending criteria than traditional financial institutions. Some do not conduct a hard inquiry and offer same-day funding.

Payday loan

You can take out a $1,000 payday loan for anything you need. The best thing about payday loans is that your score doesn’t matter. Payday lenders are only interested in your next paycheck. If you decide to take out a $1,000 payday loan, make sure you can repay it as agreed, or you may end up in a debt cycle.

Credit card

A credit card is one of the most accessible financial products you can use to cover sudden expenses. You can charge items or take out a credit card cash advance. Cash advances are expensive, with high fees and interest that accrue immediately. Be careful, as this sort of borrowing can lead to high-interest debt.

How long does it take to get a loan?

Most applications take only a few minutes to complete, and the funds are delivered to your bank account within 2 to 3 business days. The exact timeline for funding varies depending on the following factors:

  • Employment and income verification
  • Loan type and amount
  • The internal process of the lender 

Go to MoneyFor to learn more tips!

How to quickly pay off a 1,000 dollar loan

There are a few simple but proven tricks you can employ to pay off your loan faster than you thought possible. These tips will help you live a debt-free life without hurting your finances in any dramatic way.

To repay borrowed funds fast:

  • Try to make payments every two weeks instead of once a month
  • Revise your monthly budget and track your spending
  • Make extra payments whenever possible 
  • Refinance to shorten the repayment timeline 
  • Increase your income
  • Put all extra money toward repayments

Track your expenses

One of the best things you can do is to meticulously track your spending. Write down every dollar spent, use budgeting apps, or spreadsheets. Then, identify where you can cut back and redirect that money towards repaying your loan. Being aware of your spending habits can help you find more cash to allocate more towards repayment, reducing the debt faster and saving on interest.

advice

Need money now?

Check out instant loan options for fast cash!

Alternative funding solutions

If you don’t want to take out a payday loan or other type of $1,000 loan, you still have options.

Sell unwanted items

Turn clutter into cash by selling items you no longer use. List electronics, furniture, clothing, and other valuables on platforms like eBay, Craigslist, or Facebook Marketplace. Be honest about the condition of your items to ensure smooth transactions and satisfied buyers.

Borrow from friends and family

Consider asking friends or family for a quick $1,000 loan. This option often comes with no interest, making it more affordable. To avoid straining relationships, it’s a good idea to write out a loan agreement. Put down the exact amount, any fees, and when you are expected to repay the money.

Explore income opportunities

There are plenty of flexible gig jobs with decent earning potential. Consider driving for Uber, freelancing on Upwork, or completing tasks on TaskRabbit. These side hustles typically provide immediate earnings, so you can generate extra income swiftly.

advice

Get the cash you need with minimal hassle!

Explore signature loans.

Frequently asked questions

1. Can I get a $1,000 personal loan?

Yes, various online lenders and traditional financial institutions provide $1,000 loans. Many online lenders offer quick approval and funding, sometimes within a day. Compare different lenders to find the best terms and ensure you can meet the repayment requirements.

2. What app lets you borrow $1,000?

PockBox, MoneyLion, Perpay, and Beem are some of the best cash advance apps that send you a $1,000 advance.

3. What is the minimum credit score for a $1,000 personal loan?

The majority of lenders require a score of at least 670, but not all. Plenty of lenders offer same day funding, no matter your score.

4. How much is the monthly payment on a 1,000 dollar loan?

The monthly payment on a $1,000 loan depends on the interest rate and loan term. For example, a 12-month loan at 10% APR would have a monthly payment of around $88. Calculate the exact payment using an online loan calculator or consult with the lender.

5. Where is the easiest place to get a $1,000 loan?

The easiest place to get a $1,000 loan is often online. Many online lenders have quick application processes, fast approvals, and same-day funding.

6. How can I get 1,000 dollars right now?

To get $1,000 fast, consider selling valuable items or taking up a gig job. To borrow 1,000 dollars fast, you can ask friends or family or take out a payday loan from an online lender or cash advance app.

7. Can I borrow a thousand dollars from a bank?

Yes, many banks offer loans starting at $1,000. You will need to meet their score and income requirements, and the approval process may take a few days.

Bottom line

Borrowing thousands can be a convenient way to finance unexpected expenses if you don’t have an emergency fund. When applying, make sure to provide accurate information and always read the terms and conditions before you take the money.

You can borrow $1,000s from banks, credit unions, or online lenders. Many online lenders provide instant approval and fast funding, even for applicants with poor scores. Be sure to repay the loan as agreed. Making timely payments will help you improve your score and make it easier to borrow money in the future.

1. Paycheck Advance is For eligible customers only. Your actual available Paycheck Advance amount will be displayed to you in the mobile app and may change from time to time. Conditions and eligibility may vary and are subject to change at any time, at the sole discretion of Finco Advance LLC, which offers this optional feature. Finco Advance LLC is a financial technology company, not a bank. Expedited disbursement of your Paycheck Advance is an optional feature that is subject to an Instant Access Fee and may not be available to all users. Expedited disbursements may take up to an hour. For more information, please refer to Paycheck Advance Terms and Conditions.
2. Paycheck Advance is an earned wage access service and is not a loan or credit product.
3. Current is a financial technology company, not an FDIC-insured bank. FDIC insurance up to $250,000 only covers the failure of an FDIC-insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Banking services provided by Choice Financial Group, Member FDIC, and/or Cross River Bank, Member FDIC. The Current Visa® Debit Card, which may be issued by Choice Financial Group and/or Cross River Bank, and the Current Visa® secured charge card, which is issued by Cross River Bank, are all issued pursuant to licenses from Visa U.S.A. Inc. and may be used everywhere Visa debit or credit cards are accepted. A Current debit account is required to apply for the Current Visa® secured charge card. Independent approval required.
4. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.
5. Debit card: Fees may apply, including out of network cash withdrawal fees, third-party fees, cash load fees, inactivity fees, account closure fees, international transaction fees, replacement card fees, express mail fees and escheatment fees.                                                                                                                                                       Build Card: Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.
6. The Current Visa® Debit Card is issued by Choice Financial Group pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. The Current Visa® secured charge card is issued by Cross River Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required.
7. Individual results may vary. Using your credit card responsibly may allow you to improve your credit score. Credit building depends on various factors, including your payment history, credit utilization, length of credit history, and other financial activities.
8. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.
9. Funds held in Savings Pods are FDIC-insured on a pass-through basis up to $250,000 at our partner bank Choice Financial Group, member FDIC.
10. Actual overdraft amount may vary and is subject to change at any time, at Current’s sole discretion. In order to qualify and enroll in the Fee-Free Overdraft feature, you must receive $500 or more in Eligible Direct Deposits into your Current Account over the preceding 35-day period and fulfill other requirements subject to Current’s discretion. Negative balances must be repaid within 60 days of the first Eligible Transaction that caused the negative balance. For more information, please refer to Fee-free Overdraft Terms and Conditions. Individual Current Accounts only.
11. For eligible customers only. You may earn Points in connection with your Build Card purchases at retailers whose merchant code is classified as: Dining (e.g., restaurants) and Groceries (e.g., supermarkets) and by completing other actions that Current designates as subject to the Current Points Program. The amount of Points granted for different actions as well as the purchase requirements necessary to earn Points will vary, and is subject to Current’s sole discretion. After qualifying, please allow 3-5 business days for points to post to your Current account. Points will expire 365 days after they settle. For more information (including specific eligibility criteria), please refer to the Current Points Terms and Condition.
12. Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.
13. Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. No minimum balance required. The Boost rate on Savings Pods is variable and may change at any time. The disclosed rate is effective as of August 1, 2023. Must have $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. To earn a Boost rate of 4.00%, the sum of your Eligible Payroll Deposits over a rolling 35-day period must be $500 or more, with at least one Eligible Payroll Deposit equalling a minimum of $200. For more information, please refer to Current Boost Terms and Conditions.
14. Your money is FDIC-insured on a pass-through basis up to $250,000 at each of our partner banks, Choice Financial Group and Cross River Bank, members FDIC.
15. Average value based on Fine Hotels + Resorts bookings in 2023 for stays of two nights. Benefits include daily breakfast for two, room upgrade upon arrival when available, $100 amenity, guaranteed 4PM late checkout, and noon check-in when available. Certain room categories not eligible for upgrade. $100 amenity varies by property. Actual value will vary based on property, room rate, upgrade availability, and use of benefits.
16. Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
17. The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
18. Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one- way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
19. Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.
20. Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions, and limits of liability of this benefit. The maximum liability is $800, per claim, per Eligible Card Account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Eligible Card Account per 12 month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
21. When an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty§ can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
22. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited to up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
23. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.
24. The secured Chime Credit Builder Visa® Card is issued by Stride Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.
25. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
26. The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of September 20, 2023. No minimum balance required. Must have $0.01 in savings to earn interest.
27. There’s no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account.
28. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.
29. Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.
30. Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2020 and October 2020 observed an average FICO® Score 8 increase of 30 points after approximately 8 months. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.
31. On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.
32. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
33. SpotMe® on Debit is an optional, no fee overdraft service attached to your Chime Checking Account. To qualify for the SpotMe on Debit service, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month and have activated your Visa debit card. Qualifying members will be allowed to overdraw their Chime Checking Account for up to $20 on debit card purchases and cash withdrawals initially but may later be eligible for a higher limit of up to $200 or more based on Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s sole discretion. Although Chime does not charge any overdraft fees for SpotMe on Debit, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe on Debit will not cover any non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. SpotMe on Debit Terms and Conditions.
34. Tipping or not tipping has no impact on your eligibility for SpotMe®.
35. Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.
36. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account.
37. Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account.
38. Mobile Check Deposit eligibility is determined by Chime in its sole discretion and may be granted based on various factors including, but not limited to, a member’s direct deposit enrollment status.
39. Funds are automatically debited from your Checking Account and typically deposited into the recipient’s Checking Account within seconds. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed.
40. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed. Non-Chime members must use a valid debit card to claim funds.
41. MyPay is only offered in select states
42. To be eligible for MyPay, you must receive qualifying direct deposits to your Chime Checking Account as set forth in the MyPay Agreement. A qualifying direct deposit is a deposit from an employer, payroll provider, gig economy payer, government benefits payer, or other permitted source of income by Automated Clearing House (“ACH”) or Original Credit Transaction (“OCT”). Your MyPay Credit Limit and Maximum Available Advance may change at any time. MyPay is a line of credit and available limits are based on estimated income and risk-based criteria. Eligible members may be offered a $20 – $500 Credit Limit per pay period. Your Credit Limit and Maximum Available Advance will be displayed to you within the Chime app. MyPay is currently only available to eligible Chime members in certain states. Other restrictions may apply.
43. Not affiliated with Empower Annuity Insurance Company of America (www.empower.com).                              Not everyone will qualify. Offers range from $10-$300 for first-time customers; $10-$400 for all others. Offers are based on our eligibility requirements and can go up with on-time payments. In Feb 2025, the average offer was $95 for first-time customers; $187 for all others. Instant delivery is optional—see fees in Empower’s Terms.                              Empower offers a 14-day trial for first-time customers followed by an auto-recurring $8/month subscription fee. Cancel anytime.
* EarnIn is not available for Connecticut residents
Read more

About the author

Author Elise Banham Elise Banham

Elise Banham is a financial writer at Moneyfor, specializing in credit building, budgeting, and personal loans. She joined the team in 2020 after writing for outlets including The Seattle Times, MarketWatch, and Bankrate. Earlier in her career, she worked as a content strategist for a San Francisco-based fintech startup.

Email Read more