How the ExtraCash™ account works

Wondering how you could get ExtraCash™, up to $500, with no credit check or interest—and pay it back with no late fees? Here’s what you need to know.

Open an ExtraCash™ account

See how much ExtraCash™ you qualify for with no credit check. Just download the Dave app, link your bank account, and open an ExtraCash™ account to see if you’re eligible. We’ll ask you a few basic questions along the way.

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Up to $500 in 5 minutes or less¹

You could qualify as soon as you connect a bank account (ahem, in 5 minutes or less). Once eligible, you have options when it comes to how much you take. We aim for amounts you can pay back without setting you back. And check the app often—your eligibility refreshes daily at midnight.

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Confirm your settlement

When you transfer the money, your ExtraCash™ account balance becomes negative. Your settlement date is the day you agree to bring your ExtraCash™ account balance back to $0.

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Settle your balance

On your settlement date, we automatically pay back the ExtraCash™ taken (plus express fees and optional tips) using your connected bank accounts based on your available funds. This brings your negative account balance to $0. If you can’t pay the full balance, we run partial settlements instead. We don’t charge interest or late fees, so settling up won’t come with surprises.

Tip: To ensure your settlement runs smoothly, don’t disconnect or change your connected bank account information between the time you request ExtraCash™ and your settlement date.

Get ready for more money

Your settlement can take 1–3 business days to post to your ExtraCash™ account. Once it does and your balance is $0 (or above), the “cool-off period” ends and you can try to get more ExtraCash™.

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Dave is not a bank. © 2025 Dave Operating LLC. All Rights Reserved.

Evolve Bank & Trust, Member FDIC or another partner bank provides deposit accounts and issues the Dave Debit Card under a license from Mastercard.®

All trademarks and brand names belong to their respective owners and do not represent endorsements of any kind.

1Dave is not a bank. Banking services provided by Evolve Bank and Trust, Member FDIC, or another partner bank, which issues the Dave Debit Card through a license from Mastercard®. ExtraCash amounts range from $25-$500, typically approved in 5 min, with an overdraft fee equal to the greater of $5 or 5%. Multiple overdrafts may be required. Not all members qualify for ExtraCash and few qualify for $500. ExtraCash is repayable on demand. Must open an ExtraCash overdraft deposit account and Dave Checking account. Up to $5 monthly membership fee for ExtraCash, Income Opportunity Services, and Financial Management Services. Optional 1.5% fee for external debit card transfers.