Instacash is an amazing feature that allows you to get 0% APR cash advances whenever you need to top off your account in a hurry. There's no credit check required to access Instacash.
You can become an Instacash member or a Credit Builder Plus member to automatically qualify for up to $50 in Instacash advances. You can also unlock Instacash up to $250 by setting up direct deposit of $250 or more into a MoneyLion Checking account. Click here for steps on how to set up direct deposit.
Once you unlock Instacash, you can top off your account instantly, even if it’s 5 a.m. on a Sunday, in the MoneyLion app. How to access Instacash:
- Open the app, go to the Finances tab.
- Tap the Instacash button at the top.
- Then select the amount you want, and it'll be immediately deposited into your MoneyLion Checking account!
- When you use Instacash, the amount you borrowed is automatically deducted from your account on your next deposit -- with no interest. You can continue using Instacash every pay period.
Note: You can learn more about manual repayments here, and more about automatic repayments here.