ExtraCash™ is an application that offers the convenience of getting up to $500 in just 5 minutes or less without the added stress of credit checks, interest, or late fees. This is made possible through the use of various data points such as income history, spending patterns, and recurring deposits to determine eligibility. Once approved, users can agree on a settlement date to pay off their balance.
With ExtraCash™, users can access their money instantly by downloading the Dave app, linking their bank account, and transferring the funds to their Dave Checking account. This is made even more convenient with the use of a Dave Debit Mastercard®, allowing users to shop without any delays.
Aside from the quick access to cash, ExtraCash™ also offers a high annual percentage yield of 4.00% for those looking to grow their savings. This can be done by adding money to their Dave Checking or Goals account, with the option to set up recurring deposits for steady savings.
For those who rely on direct deposit for their income, ExtraCash™ offers the benefit of receiving their paycheck up to 2 business days earlier. This is made possible by setting up direct deposit through the app.
ExtraCash™ also prides itself on being a fee-free platform, with no hidden fees and the ability to skip ATM fees at over 38,000 MoneyPass ATMs. Users can also save effortlessly by setting up a Goals account for their savings journey, with the option to set up recurring deposits for consistent growth.
Aside from these features, ExtraCash™ also offers a Side Hustle board where users can easily apply for part-time jobs, gig work, and remote opportunities. They can also earn cash instantly by taking surveys that are paid out directly to their Dave Checking account.
While there is a small monthly membership fee for full access to all of ExtraCash™'s features, including Goals and Surveys, there is no minimum deposit or balance requirement. Users can also refer to the Dave Checking Deposit Agreement and Disclosures, Dave Goals Deposit Agreement and Disclosures, and Dave ExtraCash™ Deposit Agreement and Disclosures for more information on account terms and fees.
If there are any further questions, users can reach out to the support team via email. It's important to note that ExtraCash™ is a technology company and not a bank, with deposit accounts and the Dave Debit Card provided by Evolve Bank & Trust, Member FDIC, through a license from Mastercard®. All trademarks and brand names belong to their respective owners and do not represent endorsements of any kind. The physical address for ExtraCash™ is 1265 S Cochran Ave, Los Angeles, CA, 90019.