Electronic Payment Authorization Agreement

Dave Disclosures

Last update May 10, 2024

Designed by Dave, not a bank. Evolve Bank & Trust, Member FDIC, provides banking services and issues the Dave Debit Card, through a license from Mastercard®.

General Terms

Account	Disclaimer
Dave Spending Account	See the Dave Spending Deposit Agreement and Disclosures for account terms and fees.
Dave Goals Account	See the Dave Goals Deposit Agreement and Disclosures for account terms and fees.
Dave ExtraCash™ Account	See the Dave ExtraCash™ Deposit Agreement and Disclosures for account terms and fees.

Disclosures related to the Dave Extra Cash Account

Service	Disclosure
Up to $500 ExtraCash™ Advances within 5 minutes or less	Evolve Bank and Trust, Member FDIC, provides the ExtraCash account. Advances are subject to eligibility requirements, and are provided as an overdraft, which causes the ExtraCash account to have a negative balance. Express fees apply to instant transfers to a Dave Spending Account. Transfers to other accounts will take longer. The average approved advance is $160 (typically approved in 5 min), updated quarterly based on the prior 6 months. See the Dave ExtraCash™ Deposit Agreement and Disclosures for details.
Express Delivery	Express fees to transfer an ExtraCash™ advance to a Dave Spending account are 3% (minimum $3) of your total advance amount, which is 40% less than the express fee of 5% (minimum $5) to transfer to an external debit card.

Service

Disclosure

Up to $500 ExtraCash™ Advances within 5 minutes or less

Evolve Bank and Trust, Member FDIC, provides the ExtraCash account. Advances are subject to eligibility requirements, and are provided as an overdraft, which causes the ExtraCash account to have a negative balance. Express fees apply to instant transfers to a Dave Spending Account. Transfers to other accounts will take longer. The average approved advance is $160 (typically approved in 5 min), updated quarterly based on the prior 6 months. See the Dave ExtraCash™ Deposit Agreement and Disclosures for details.

Express Delivery

Express fees to transfer an ExtraCash™ advance to a Dave Spending account are 3% (minimum $3) of your total advance amount, which is 40% less than the express fee of 5% (minimum $5) to transfer to an external debit card.

Disclosures related to the Dave Spending account

Service	Disclosure
4% Annual Percentage Yield	Rates accurate as of 8/1/23. The interest rates and annual percentage yields (APY) are variable and may change at any time at our discretion. No minimum deposit or minimum balance requirements. Fees could reduce earnings on the account.
Early Payday	Early access to direct deposit funds depends on timing and availability of the payroll files sent from the payer. These funds can be available up to 2 business days in advance of the scheduled payment date.
No ATM Fees	No ATM fees within Dave’s network of 38,700+ ATMs. Out of network fees apply. The Dave debit Mastercard® is accepted everywhere a Mastercard debit card is accepted. Foreign transaction fees apply.

Disclosures related to the Dave Goals account

Service	Disclosure
4% Annual Percentage Yield	Rates accurate as of 8/1/23. The interest rates and annual percentage yields (APY) are variable and may change at any time at our discretion. No minimum deposit or minimum balance requirements. Fees could reduce earnings on the account.