4 Best Instant Money Apps to Borrow Money

When it comes to using the best instant money apps, there is no question that it can be beneficial if you need money in a hurry. You’ve probably seen payday loan stores or online ads for cash advances at some point in your life.

Whether you need money to cover an expense to avoid overdraft fees or just need access to money in a rush, these $100 loan instant apps can help you get paid today. In this article, we will cover the most popular cash advance apps for iOS and Android.

Top Instant Money Apps

These cash advance apps that loan you money are all highly reviewed and legitimate. In a hurry? Here are the top loan apps for instant money.

1. Best overall with no credit check: Current
2. Best all in one app: Albert
3. Best payday membership: MoneyLion
4. Best for saving on overdraft fees: Brigit

1. Current: Best Overall with No Credit Check

Current is one of the best online banking apps we’ve reviewed and allows you to get a paycheck advance of up to $500 with no credit check.

What’s best is that you won’t pay any fees at all, that means no monthly or annual fees. Plus, you don’t ever need to maintain a balance on your account.

If you set up a Current account with direct deposit through them — you can get early access to your paycheck, up to 2 days earlier than some of your co-workers!

It’s basically a free banking app that is free to open and easy to use.

To get up to $500, create a free account, navigate to the services tab, and select “Paycheck Advance” to check eligibility and request an advance if qualified.

Where to get it?

2. Albert: Best All in One App

Albert can spot you up to $250 so you can make ends meet. No late fees, interest, credit check, or hidden hands in your pocket. As long as you have a paycheck and have repaid your past advances, you can request up to 3 cash advances per pay period.

Albert is a super app that offers:

• Checking account with debit card: Banking with instant discount and cash back on gas, food delivery, groceries, and more.
• Savings account: Set your schedule or let Albert analyze your spending and automatically move money into your savings account. (On average, they save people $400 in the first six months.)
• Cash advances: Up to $250
• Investing: Invest yourself or enable Robo investing
• Budgeting: AI-driven auto save feature is a big differentiator and very effective
• Genius: Text with a certified financial advisor anytime for a $6/month fee

There’s no catch. Albert is legit.

Where to get it?

3. MoneyLion Loan App: Best Payday Membership

This payday loan app packs a big punch with a plethora of features that can help you. MoneyLion provides you with access to 0% APR cash advances, low-interest personal loans, helps track spending and savings.

The app also provides financial advice to help you improve and control your financial life. It is no surprise that the MoneyLion community has over 2,000,000 members.

How MoneyLion works:

1. Download the MoneyLion app and enroll in free MoneyLion Core. Receive your new black debit card in approximately 7 days.
2. Fund your MoneyLion Checking account with an instant transfer, and then use it everywhere you go with no fear of hidden fees, overdraft fees, or minimum balance fees!
3. Add direct deposit of just $250 or more to your MoneyLion checking account to unlock instant 0% APR cash advances.
4. Upgrade your membership to MoneyLion Plus to get any time access to a 5.99% APR credit-builder loan, $1 daily cashback, exclusive perks, and more.

Since this app has so many bells and whistles you can learn more in a comprehensive MoneyLion review that goes through each feature. MoneyLion is a wonderful choice for people who want to improve their financial situation, but cannot due to high-interest loan rates and many others. It helps them take control of their financial lives and improve their savings and can be downloaded for iOS or Android.

Where to get it?

4. Brigit Loan App: Best for Saving on Overdraft Fees

With the Bridgit app, you can get up to $250 with no interest or credit check quickly. It’s easy and fast relief when you need it and helps you avoid low balances.

If you have a low balance in your checking account, Brigit will see that your balance isn’t enough for upcoming expenses and send you up to $250 to cover your expenses. You can save hundreds by avoiding overdraft fees with this app.

How Brigit works:

1. No red tape. No hoops. Connect your bank account and that’s it!
2. Brigit works with thousands of banks like Bank of America, Wells Fargo, TD Bank, Chase, Navy Federal Credit Union and 15,000+ more.
3. Get paid up to $250 instantly.

This is best for those users who keep low balances in banking accounts and are prone to overdraft. You can learn more here.

Where to get it?

Key Features to Look for in Loan Apps

When choosing the best instant money app, keep these features in mind to ensure you get the most value and convenience.

Here’s what to look for:

Instant Approval

• Look for apps that process loan approvals quickly—ideally within minutes.
• Apps like Current are known for their speedy approvals.

Fast Funding

• Some apps can deposit funds into your account instantly or within a few hours.
• Cash Advance apps with same-day deposits are a great option.

Low or No Fees

• Check for apps that offer low transaction fees or no interest charges on small loans.
• Apps like Brigit often have a membership model that saves money on borrowing fees.

Flexible Repayment Terms

• Choose apps that align with your payday to avoid late fees.
• Look for options to extend repayment if needed.

No Credit Check

• If you’re worried about your credit score, opt for apps that don’t perform hard credit checks.
• Examples include Current and MoneyLion.

Additional Perks

Albert is a great example of an app that bundles financial tools with cash advances.

Some apps offer more than just loans, like budgeting tools, overdraft protection, or cash-back rewards.

Instant Money Apps Can Help

Instant money apps are a lifesaver for covering unexpected expenses or bridging financial gaps until your next paycheck. These apps provide fast, accessible solutions without the hassle of traditional loan processes.

However, while they can help in emergencies, it’s essential to use them responsibly. Compare features like fees, funding speed, and repayment terms to choose the app that best suits your needs. Always borrow what you can repay comfortably to avoid falling into a cycle of debt.

By picking the right app and understanding its terms, you can turn these tools into a reliable backup plan for managing short-term financial challenges.