Editor’s Note: Overdraft Apps provides detailed product reviews and recommendations based upon extensive research and our own hands-on testing. We may earn a referral fee when you sign up for or purchase products mentioned in this article.
Are you looking for apps like GoChange to avoid your next overdraft?
You might want to switch your overdraft protection solution because, in June 2018, GoChange announced that they are no longer directly marketing to customers. With GoChange no longer an option, the following are the apps you should use instead.
The Change app was a financial health AI platform offered by Change Labs. The company positioned the product as an add-on that banks could offer to keep consumers financially healthy, happy and engaged while reducing financial risks and lowering operational costs.
While the GoChange app is gone, there are plenty of alternatives that offer many of the same features and more. We downloaded each of these onto our phones and tested them so you wouldn’t have to. Read on for our feedback and results.
#1 – MoneyLion App
If you are here because you like GoChange’s cash advances, MoneyLion is a great alternative for you. After signing up to MoneyLion Plus, which is free if you log in every day, you will be able to get $500 cash advances at a 6% APR (which is extremely low).
MoneyLion is also a great personal CFO, helping you monitor your checking account for weird activities and increase your credit score.
#2 – PockBox.com
PockBox.com is a straightforward solution that will provide you cash advances of $100 – $2,500 the next business day. It’s not a personal CFO type of solution like GoChange used to be. But if it’s just cash that you are looking for, PockBox will make it happen. The process is online and doesn’t take more than a few minutes. While GoChange used to require you to connect your bank account in order to analyse your transaction history and can send you notifications when you are about to overdraft, PockBox can send you cash when you need it.
#3 – Earnin App
Earnin (formerly known as Activehours) is a paycheck advance application. It allows you to get paid before payday. Here’s how it works: after signing up and proving that you are employed, you will be able to request the money for the hours you’ve already worked for that month by uploading your work timesheet. Earnin will send you cash to your checking account for the hours you worked for. These cash advances are made for free- they just ask for a tip.
Definitely an application that we love!
#4 – Dave App
Dave is an application (available on iOS and Android only) that will advance you some cash (up to $75) until your next paycheck. After downloading the app and connecting your bank account to their platform, the approval process starts. It may take a few hours, it may take a few days. Dave might even ask you to upload your paystub. If you are approved, you will be able to ask for interest-free cash advances. Just be aware of the $1/month fee and the transaction fees they might charge you. Dave will also ask for a tip as they claim to not make money from the monthly fee and transaction fees.
FIND OUT MORE >>> Dave app review
#5 – FasterFunds App
FasterFunds offers $500-$3,000 cash advances through their online aggregator. The process is fast and straightforward: you will get approved in less than 5 minutes. After filling out their forms with basic information, it will tell you which lender is the best for you based on the amount you need and other criteria.
We recommend you to read all the terms and conditions of the lender you get money from – so no surprises with interest rates, etc.
How we picked these apps
To come up with this list of cash advance apps, we picked 4 apps like GoChange, downloaded them onto our phones, and got to work seeing which we loved and which needed work. We considered features including fees (upfront or hidden), eligibility, borrowing limits, and interest rates. We also looked for additional features that might benefit everyday Americans keen on overdraft protection and interest-free cash advances. We may receive a referral fee if you purchase or use some of the products described in this article.
WAIT! High overdraft fees aren’t the only way your bank is costing you money.
With inflation overheating, you’ve probably heard that interest rates are climbing sharply. That means that for the first time in years, it’s a great time to shop around for a high interest savings account.
The national average interest rate for savings accounts is currently 0.23% APY – that means that if you have $2,500 in a savings account, you’d earn just $5.76 after one year! Move those hard-earned savings to an FDIC-insured bank paying 3.50% APY and you’d earn $81.73 more!
Don’t let your hard-earned savings sit there doing nothing. Check out the rates that you can earn at other banks:
- Beem Cash Advance App Review – Big Promises, Questionable Practices - September 29, 2023
- Shop Online and Pay with Your Checking Account Number: Consumer Guide  - September 28, 2023
- Albert App Review: $250 Cash Advances + “Genius” Financial Advice in One App - September 16, 2023