After you set up a direct deposit, you'll gain access to Instacash as soon as we can confirm that you have a recurring direct deposit into your MoneyLion Checking account. It typically takes three recurring paycheck deposits before we can recognize the deposit as recurring; however, we may be able to unlock Instacash and offer you a minimum amount of $50 after your first paycheck in most cases.
Here's how it typically works:
- Check that your first direct deposit is received into your MoneyLion Checking account. This means you're on your way to using Instacash!
- Make sure that your first direct deposit is followed by two more paycheck deposits of similar amounts on a recurring basis (timing will be based on your weekly, bi-weekly, or monthly pay schedule).
- Enjoy Instacash advances at 0% APR!
If you have received three recurring paychecks into your MoneyLion Checking account but still have not unlocked Instacash, please use help.moneylion.com to submit a help request, so we can make sure your paychecks are getting detected.