How do I get Instacash?

Instacash is a feature of MoneyLion Checking that allows you to get 0% APR cash advances up to $250 any time day or night. You can either get your advance instantly, for a small fee, or in 24-48 hours for free.
 
To unlock access to Instacash, you must either be a Credit Builder Plus or Instacash member, or have your direct deposit from your employer going to your MoneyLion Checking account. (Go here for how to set up direct deposit.)

If you're a Credit Builder Plus or Instacash member, you'll be eligible to take up to $50 in Instacash advances. If you have direct deposit into MoneyLion Checking, you'll be able to take Instacash advances equal to 10% of your direct deposit amount per pay period. So if you deposit $1,000, you're eligible for $100 in Instacash. The minimum direct deposit amount required to unlock Instacash is $250. The higher your direct deposit amount, the higher your available Instacash amount will be!
 
How to access Instacash:
  1. Open the app, go to the Finances tab.
  2. Tap the Instacash button at the top.
  3. Select the amount you want, and how soon you would like the funds transferred to you account. 
  4. When you use Instacash, the amount you borrowed is automatically deducted from your account on the due date as determined by your pay cycle - with no interest. You can continue using Instacash every pay cycle to get funds.
How to qualify for Instacash:
Qualifying for 0% APR Instacash cash advances is easy! You must meet the following conditions to use Instacash:
  • You must have have a regular direct deposit of $250 or more into your MoneyLion Checking account or you must be a Credit Builder Plus or Instacash member.
  • If you have a loan or a MoneyLion Credit Builder Plus membership, you must be in good standing.

Please Note: If you receive irregular deposits in you MoneyLion checking, you may not be eligible for Instacash, unless you are a Credit Builder Plus or Instacash member.

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