After you unlock Instacash, the exact amount you have available each Instacash cycle (typically timed with the direct deposit cycle for your paycheck or other recurring income) will be based on factors in your linked checking account, primarily whether we can detect recent qualifying income and are able to predict when your next deposit will occur. If we detect recent qualifying income, you'll have access to Instacash, typically up to $250 depending on the anticipated income amount. If we can't, you'll have access to a lower amount but not less than $25.
In other words, as your linked checking account's financial factors change (such as an increase, decrease, or change in the regularity or the amount of detectable income), your Instacash limit may go up and down accordingly, typically between $25 and $250.
Note that if you have a regular, recurring direct deposit into your RoarMoneySM account, you will have an Instacash limit of up to 30% of your anticipated recurring direct deposit amount, up to a maximum of $1000. Similarly, if the amount of your deposit goes up or down, your Instacash limit may go up and down with it. If we cannot determine if the direct deposit in your RoarMoney account is regularly recurring (i.e with a standard pay frequency of either weekly, bi-weekly, semi-monthly, or monthly), you'll have access to a lower amount but not less than $50.
You can also separately unlock additional Instacash limits if you are a Credit Builder Plus member and/or if you qualify for Instacash Boosts. Please see How do I increase my instacash limit and How do I qualify for an Instacash boost to learn more.
Instacash is an optional service offered by MoneyLion. Your available Instacash Advance limit will be displayed to you in the MoneyLion mobile app and may change from time to time. Your limit will be based on your direct deposits, account transaction history, and other factors as determined by MoneyLion. See Membership Agreement and help.moneylion.com for additional terms, conditions and eligibility requirements.
MoneyLion is a financial technology company, not a bank. RoarMoney℠ demand deposit account provided by, and MoneyLion Debit Mastercard® issued by, MetaBank®, National Association, Member FDIC. RoarMoney is a service mark of MoneyLion. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International. Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account.
Credit Builder Plus membership ($19.99/mo) unlocks eligibility for Credit Builder Plus loans and other exclusive services. A soft credit pull will be conducted which has no impact to your credit score. Credit Builder Plus loans have an annual percentage rate (APR) ranging from 5.99% APR to 29.99% APR, are made by either exempt or state-licensed subsidiaries of MoneyLion Inc., and require a loan payment in addition to the membership payment. The Credit Builder Plus loan may, at lender’s discretion, require a portion of the loan proceeds to be deposited into a reserve account maintained by ML Wealth LLC and held by Drivewealth LLC, member SIPC and FINRA. The funds in this account will be placed into money market and/or cash sweep vehicles, and may generate interest at prevailing market rates. You will not be able to access the portion of your loan proceeds held in the credit reserve account until you have paid off your loan, and until your Credit Builder Plus membership payments are current. If you default on your loan, your credit reserve account may be liquidated by the lender to partially or fully satisfy your outstanding indebtedness. May not be available in all states.
Credit Reserve Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclaimers relating to the MoneyLion Credit Reserve Account, see Investment Account FAQs and FORM ADV.
Credit score improvement is not guaranteed. A soft credit pull will be conducted which has no impact to your credit score. Credit scores are independently determined by credit bureaus, and on-time payment history is only one of many factors that such bureaus consider. Your credit score may be negatively impacted by other financial decisions you make, or by activities or services you engage in with other financial services organizations. MoneyLion is not a Credit Services Organization.