You can cancel your MoneyLion membership at any time with no fees as long as your Credit Builder Plus loan and any outstanding Instacash balances have been paid off first. Remember, if you cancel your access to features like 0% APR cash advances, 5.99% credit builder loans, and Lion’s Share payouts, you’ll have to reapply to unlock them again if (and when) you change your mind. Sure you don’t want to stick with it and keep improving your finances?
In order to cancel, simply click on your profile picture (top left of any screen) to open the main menu, and then tap “Membership.” From there, go to the “Manage My Membership” page. You can also initiate cancellation by filling out this form, and we’ll process your cancellation for you.
Note: Canceling by form can take up to 72 business hours. The above form also includes information about how to withdraw funds from your investment account.
Need to pay off a loan first? Please head over to the Loans tab of the MoneyLion app. Once your loan payments have settled, then you can proceed with the cancellation.