Personal Loan Offers for Fast Cash

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

Personal loans provide flexible funding for various needs. Common uses include debt consolidation, medical expenses, and large purchases.
Interest rates and terms vary based on your credit profile and the lender’s policies.
Prequalifying with multiple lenders allows you to compare offers, potentially saving money by securing lower rates and fewer fees.

Personal loans are flexible and can give you the extra funds you need when you need them. They can be used for anything you’d like, from surprise medical bills and debt consolidation to unexpected travel or funeral expenses. Lenders generally send the money directly to your bank account within one to three business days of approval. Some even offer same-day approval.

Read on to learn more about personal loans and how to choose the right one for you.

What are personal loans?

Personal loans are a way to borrow money for anything you need. They can be used for home improvement, debt consolidation, major purchases, and more. They are typically installment loans with fixed interest rates. You receive the money in one lump sum and repay it in fixed monthly payments.

Most personal loans are unsecured. They do not require collateral like your vehicle or property. This makes them a popular choice for quick financial needs.

You can get a personal loan from your local bank, credit union, or online lenders. Online lenders and credit unions tend to offer competitive rates and flexible terms tailored to your needs.

Why consider a personal loan?

Personal loans are an ideal choice when you need quick access to cash without putting up an asset. The fixed interest rates mean your monthly payments remain consistent throughout the loan term. A huge advantage when it comes to budgeting and financial planning.

Moreover, personal loans often feature competitive rates and flexible terms compared to higher-interest credit cards. With excellent credit, you can secure the lowest rates and save money.

Common uses for personal loans

Personal loans can be used for just about anything. The most common uses are:

Debt consolidation: This is when you take out a new loan to consolidate high-interest debts into a single, manageable monthly payment, ideally with a lower interest rate. Consolidating debt can be a good way to simplify payments, avoid late payments, and save money. Investopedia found that debt consolidation is the number one reason people took out personal loans.

Home improvements: Personal loans can help cover a variety of home repairs that will increase the value of your property. They can be preferable since you don’t have to put your home up as collateral.

Large purchases: The extra money can be used to cover major expenses both planned and unexpected. You can use it for medical expenses, car repairs, moving costs, vacations, and more.

A few things you either can’t or shouldn’t use personal loans for are education, purchasing property, or illegal activities. If you need money for education, a student loan, either federal or private is preferable. Mortgages are a better choice if you want to buy property and auto loans are designed for financing a vehicle.

Best same-day personal loans

Personal loans can help you cover unexpected expenses. They offer lower rates and more flexible terms than credit cards making them a popular option.

Below we’ve listed few types of loans that offer fast funding and approve candidates with poor credit.

Car title loan

Car title loans use your vehicle’s title as collateral. They offer quick access to a lump-sum of cash that is 25% to 50% of your vehicle’s worth. You receive the money right away – no credit check – and can continue to drive your car. The downside is that they are short-term loans with high interest rates. The APR (annual percentage rate) can reach up to 300% and you typically have to repay the money within 30 days. If you do not, you risk losing your vehicle.

Pawnshop loan

Pawnshop loans provide cash by using personal items as collateral. They do not affect your credit score since there’s no credit check and the lender doesn’t report to the credit bureaus. The biggest advantage of a pawnshop loan is that it can be processed within a business day so you’ll walk away with cash. Once again, the interest rates can be high, and the repayment term is short at 30 days. Failure to repay may result in losing your pawned item.

Buy now, pay later services

Buy now, pay later (BNPL) services allow you to purchase items immediately and pay for them over time in installments. They are often interest and fee-free, if payments are made on time. There’s generally no credit check making them easy to access. This option can prevent credit card debt but requires careful management to avoid late payments and overspending.

Considering a BNPL app?

Discover if Perpay or Sezzle is the right one for you!

Cash advance app

Cash advance apps offer small loans that you can access directly from your smartphone without a credit check. Instead, you link your bank account and the app decides whether or not to lend to you and how much based on your transaction history. They usually do not charge interest but may require a tip or subscription fee. Cash advances can be helpful for short-term needs without affecting your credit. They are typically paid back in full after 14 days but many apps let you change the due date if necessary.

Payday alternative loan

Payday alternative loans are offered by some federal credit unions as a more affordable option than traditional payday loans. They typically come with lower fees and competitive interest rates are capped at 18% APR. To qualify, borrowers need to be credit union member for at least one month and provide proof of income.

Benefits of getting pre-qualified online

Getting pre-qualified can save you thousands of dollars in interest and fees. When you prequalify with multiple lenders, you’ll receive a snapshot of potential monthly payments, interest rate, fees, repayment terms, and other charges. Basically prequalifying lets you compare offers so you can select the best one for your financial situation.

A huge benefit of prequalifying is that it does not affect your credit score. Lenders will only do a soft credit inquiry. Hard credit checks are what dings your score. You get to gauge your eligibility and view offers without hurting your credit.

Need a little extra cash?

Click to find out how to borrow $700 now!

How to compare rates from lenders

Taking out a personal loan is a big decision that can impact your finances for years to come. Take the time to prequalify with multiple lenders and then compare personal loan offers.

Annual percentage rate (APR)

The APR includes both the interest rate and fees. It is usually the most significant factor impacting your total repayment cost, so securing a competitive rate is essential.

Personal loan APRs range from 7% to 36%. Which one you receive depends on your credit score, income, debt-to-income ratio, and your lender. If you have good to excellent credit – a FICO score over 670 – you’ll qualify for lower rates. If you score falls in the poor to fair range, you’ll likely receive an APR over 30%, if you qualify at all.

Add up all the fees

Fees can significantly increase the total cost of your loan. Pay attention to what fees your lender charges and which you can avoid. Potential fees include:

Origination fee covers the processing your loan and the distribution of funds. The fee ranges from 1% to 12% of the total amount and is deducted upfront.
Application fee covers the costs of processing your application.
Processing fee is a monthly fee for processing your payment.
Prepayment penalty is charged by some lenders if you pay your debt early in order to recoup interest payments.
Late or returned payment fee is when your payment is late or returned. Check the exact fee amount so you know what to expect.
Insufficient funds fee is charged if the lender attempts to withdraw a payment and there are not enough funds in your bank account to complete the transaction.

Upfront fees like an origination fee are expressed in the loan’s APR. Avoidable fees like a late payment fee are not. Understanding all of the potential fees will give you a clearer picture of the actual cost of borrowing.

Affordable repayment terms

Repayment terms can vary from less than one year to over 10 years, depending on the lender and the loan’s purpose. Most personal loan terms range from two to seven years.

Generally, the longer the term, the smaller the monthly payments but the more interest you’ll pay over the life of the loan. The shorter the term, the higher the monthly payments, but you’ll save money in interest. It can be helpful to calculate how much interest you’ll pay in total and compare loan options that way. Experts recommend choosing the shortest loan term you can comfortably afford.

Funding speed

When you need money to cover unexpected expenses, the funding speed can be incredibly important. How long it takes varies by lender. Many online lenders process loan applications quickly, depositing funds the same-day or within one or two business days. Banks and credit unions generally take more time, possibly five to ten business days or even longer.

Large loan amounts

Loan amounts vary by lender but are typically between $1,000 to $50,000. Some lenders offer loans up to $200,000. Make sure the lender offers the amount you need and that you qualify for it. Even if you qualify for a large amount, be sure to only borrow what you can comfortably repay to avoid potential financial strain.

9.7

Moneyfor score

Get up to $500 before payday¹

No Credit Checks
Build Secured Credit Card
Get Paid Faster with Direct Deposit

Get up to $500 before payday¹

Apply now

Review 12,985

Pros and cons of personal loans

Pros:

You can use the funds for almost anything.
The fixed interest rates make budgeting predictable.
Amounts range from small to very large.
You receive the money in one lump-sum.
Personal loans generally have lower APRs than credit cards.
You may be able to get same-day funding.
Personal loans are usually unsecured, meaning they don’t require collateral.
Plenty of lenders do not charge fees.
The repayment period is long, generally 2-7 years.

Cons:

Personal loans generally cannot be used for business or school expenses.
To secure a lower APR, you will have to have good to excellent credit.
Borrowers with fair or bad credit will potentially receive a high APR.
Missing or being late with a payment will hurt your credit score.
Lenders may charge additional fees like an origination fee or a prepayment penalty.
Some lenders have hidden fees.

Tips for choosing the right loan

Taking out a personal loan is a big financial decision. Here are few things to consider:

Assess your needs: Determine exactly how much money you need to borrow. This helps you avoid borrowing more than necessary, which can lead to higher interest payments and debt.

Identify the most suitable loan type: Not all personal loans work for every situation. You may get a lower interest rate if you put up collateral for a secured loan. If you don’t have collateral or are afraid you might lose it, an unsecured loan is a better choice.

Consider your credit score: Your credit score plays a significant role in determining the interest rate and terms you’ll receive. If you have poor or fair credit, consider improving it before applying to secure more favorable terms.

Evaluate lender reputation: Research the lender’s reputation by reading customer reviews and checking ratings from Consumer Affairs or the Better Business Bureau. A reputable lender will have clear communication, good customer service, and fair practices.

Ask about potential discounts: Some lenders offer perks like discounts for setting up automatic payments or the option to skip a payment after you’ve made a certain number of full, on-time payments. Any discount can save you money over the life of your loan.

Use online personal loan calculators to estimate monthly payments, ensuring they fit within your budget. Always check for any rate discounts that might apply to you, as these can significantly reduce your costs.

Searching for a card with less-than-perfect credit?

We have unsecured credit cards for you!

Questions to ask lenders

When considering a personal loan, don’t be afraid to ask questions. The right line of inquiry can help you identify the best lender and loan for you. Here are some potential questions to consider:

What is the interest rate and how is it determined?
Are there any fees associated with the loan?
What is the repayment term?
Is there a prepayment penalty?
What are the eligibility requirements?
How long is the application process?
How fast are funds disbursed?
Can I change my payment due date?
What happens if I miss a payment?
Are there any rate discounts for things like automatic payments?
Are there options for loan modification if my financial situation changes?

Asking these questions can give you a clearer understanding of the loan terms and the lender’s policies, helping you make an informed decision.

Frequently asked questions

1. Are personal loans secured or unsecured?

Personal loans can be either secured or unsecured. Secured loans require collateral, like a car or savings account, which the lender can claim if you default. Unsecured loans don’t require collateral and are based on your creditworthiness, making them riskier for lenders.

2. How can I improve my chances of approval?

The most important thing you can do to improve your approval odds is to increase your credit score. To do this, make on-time payments and reduce your credit card balances. Paying off credit card balances will also help improve your debt-to-income ratio, another factor lenders consider. Lastly, you need to have proof of steady annual income to show you can comfortably afford monthly payments.

3. What should I do if I can’t repay my loan?

If you find yourself unable to make payments, contact your lender. They may be able to adjust to your loan terms, extend the repayment period, or provide temporary forbearance. All before you miss a payment. Avoid ignoring the situation. Missing a payment can damage your credit report and result in additional fees.

Bottom line

Personal loans are incredibly useful and versatile. They can help you pay off high-interest debt, cover a major purchase, or even go on vacation. If you don’t have good credit, don’t despair; you can still borrow money. The terms you’re offered may be less than ideal, so make sure to compare offers and only take out a loan you can afford to repay.

Better yet, wait to borrow until you’ve improved your credit score and reduced your current debts. A higher credit score and lower debt-to-income ratio will increase your approval odds. You’ll get more offers with more favorable terms and can potentially save thousands.

Whichever option you choose, ensure the loan aligns with your financial goals.

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. 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 Cross River Bank, Member FDIC. The Current Visa® Debit Card issued by Choice Financial Group, and the Current Visa® secured charge card issued by Cross River Bank, are both pursuant to licenses from Visa U.S.A. Inc. and may be used everywhere Visa debit or credit cards are accepted. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required. 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.

2. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. 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.

3. 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.

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. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. 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

6. 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.

7. 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 Qualifying Deposits into your Current Account over the preceding 30-day period. For more information, please refer to Fee-free Overdraft Terms and Conditions.

8. You may earn Points in connection with your everyday spending 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. The Current Points program is not available to Teen Account holders. See Current Points Terms and Conditions.

9. 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.

10. 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. 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%. A qualifying direct deposit of $200 or more is required for 4.00%. No minimum balance required. For more information, please refer to Current Boost Terms and Conditions.

11. Cryptocurrency services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC, and may not be available in all states. Terms and conditions apply. When you buy or sell cryptocurrency, a difference between the current market price and the price you buy or sell that asset for is called a spread. However, unlike most other exchanges Current does not charge an additional trading fee. Cryptocurrency transactions are a form of investment, and all investments are subject to investment risks, including possible loss of the principal amount invested. Cryptocurrency is not insured by the FDIC or any other government-backed or third-party insurance. Your purchase of cryptocurrency is not a deposit or other obligation of, or guaranteed by, Choice Financial Group or Cross River Bank. The cryptocurrency assets in your Zero Hash account are not held at Current, Choice Financial Group, or Cross River Bank. Current, Choice Financial Group, and Cross River Bank are not responsible for the cryptocurrency assets held in any Zero Hash account. Neither Current, Choice, nor Cross River Bank is involved in the purchase, sale, exchange of fiat funds for cryptocurrency, or custody of the cryptocurrencies. Terms and Conditions apply (platform and user agreements). Crypto on Current is not currently available in HI. Licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. This does not constitute investment advice.

12. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. 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.

13. 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.

14. 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.

15. 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.

16. 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.

17. 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.

18. 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.

19. 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.

20. 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.

21. 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.

22. 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.

23. 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.

24. 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.

25. 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.

26. 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.

27. 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.

28. 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.

29. 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.

30. 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.

31. 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.

32. Tipping or not tipping has no impact on your eligibility for SpotMe®.

33. Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

34. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account.

35. 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.

36. 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.

37. 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.

38. 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.

* EarnIn is not available for Connecticut residents

Rachel Alulis

Rachel Alulis has been the lead editor for Moneyfor’s credit cards team since 2015 and for the financial rewards team since 2023. Before joining Moneyfor, Rachel worked at USA Today and the Des Moines Register. She then established a successful freelance writing and editing business specializing in personal finance. Rachel holds a bachelor’s degree in journalism and an MBA.

Personal Loan Offers for Fast Cash

Key takeaways

Jump to:

What are personal loans?