Dave review

Dave pairs a checking account with ExtraCash, an overdraft-style advance of $25 to $500 that is typically authorized within 5 minutes. To use it you open both a Dave Checking account and an ExtraCash overdraft deposit account. Costs come in layers: a monthly membership of up to $5 covers ExtraCash and Dave's other services, each ExtraCash carries a fee equal to the greater of $5 or 5% of the amount, and moving money to an external debit card adds an optional 1.5% fee. That makes small advances relatively expensive: a $50 ExtraCash still costs $5. On the banking side, Dave advertises no minimum balance fees or ATM fees, pay up to 2 days early and FDIC insurance up to $250,000 through Coastal Community Bank or another partner bank. Dave also states there are no late fees if you cannot settle an ExtraCash balance on time. As with every app here, few members qualify for the maximum.

Who it is for

people who want checking and an advance in one app

Price

Up to $5 monthly membership fee; ExtraCash fee is the greater of $5 or 5% of the amount; optional 1.5% fee for external debit card transfers.

Up to $5 monthly membership fee for ExtraCash, Income Opportunity Services, and Financial Management Services.
Quoted from the vendor pricing page on November 13, 2026.

Key features

• ExtraCash amounts range from $25 to $500
• ExtraCash is typically authorized within 5 minutes
• Dave Checking can pay you up to 2 days early
• No minimum balance fees and no ATM fees on Dave banking, per Dave
• Deposits are FDIC-insured up to $250,000 through Coastal Community Bank or another partner bank

Strengths and weaknesses

• Strength: Fast authorization, typically within 5 minutes
• Strength: No late fees if you cannot settle an ExtraCash balance on time
• Strength: Checking, savings goals and advances live in one app
• Weakness: Every ExtraCash carries a fee of at least $5, or 5% if larger
• Weakness: Requires opening a Dave Checking account and an ExtraCash overdraft account
• Weakness: Dave says few members qualify for $500

Key facts

• ExtraCash range: $25 to $500
• Membership: Up to $5 per month
• ExtraCash fee: Greater of $5 or 5%
• External card transfer: Optional 1.5% fee

Where it ranks

Dave is No. 5 in our Best Paycheck Advance Apps verdict.