By Editorial Team
Last Updated: Apr 03, 2025
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Grid Money is a cash advance app that lets you access up to $100 without charging interest or late fees. Instead, they charge a $10 monthly subscription fee.
To get a cash advance with Grid Money, you need to subscribe to their monthly plan. You can request one advance at a time, and once you repay it, you can request another. The amount you can borrow may start below $100 and can increase over time based on your account activity, balances, direct deposits, and repayment history.
To be eligible, you'll need to link a bank account or card that receives regular direct deposits. Grid Money looks at your income and account history to determine your eligibility. The company is based in San Francisco.
Yes, Grid Money does give cash advances of up to $100 if you're on their $10 monthly subscription plan. With this fee, you'll get access to cash advances and other features they offer like credit-building loans. There are no late fees, interest charges, or credit checks required. You can choose to get your money in 1-3 days for free, or pay a $2.99 fee to receive it within minutes. Repayment is usually taken from your next paycheck, but if eligible, you can split it over two paychecks.
There are a few main criteria that will make you qualified for a cash advance from Grid Money:
Grid Money will analyze your income, projected tax refunds, and other risk factors to decide your eligibility and the maximum cash advance they can offer you.
You can only have one cash advance outstanding at a time.
Besides the cash advances, Grid Money offers several other features that might be worth checking out if you're considering the $10 monthly subscription.
Grid Money provides credit-building loans aimed at helping you improve your credit score. The application process is straightforward, with no credit checks or pulls needed. Plus, there are no late fees to worry about. Making timely payments on these loans can contribute positively to your credit history.
If you're looking to increase your take-home pay, PayBoost might be useful. This feature lets you access your tax refund early, adding up to $250 more to each paycheck. It's a way to boost your income when you need it most.
Grid Money offers an income protection program for added financial security. If you experience involuntary unemployment, eligible members can receive up to $2,000 per month for up to two months to help cover expenses. This benefit kicks in after you've been a member for 90 days and have submitted the necessary documentation.
With Grid Money's banking services, you can get your direct deposits up to four days earlier than usual. The checking accounts are interest-bearing and established through Evolve Bank & Trust, Member FDIC, so your funds are insured within applicable limits.
Grid Money also has a rewards program where you can earn redeemable points that convert into cash. If you have direct deposits set up, you can double your points each month. It's a handy way to get a little extra back from your daily spending.