Dave generally allows you to borrow up to $500 as a cash advance, though your initial amount will likely be less than $250.
Understanding Dave's Cash Advance Limits
The specific amount Dave offers can vary, but the maximum available cash advance is $500. For new users, the initial borrowing limit is typically set lower to help manage risk and establish a borrowing history within the service. This means while the potential is $500, your first advance will probably be a smaller sum.
- Maximum Cash Advance: You can get a cash advance of up to $500.
- Typical First-Time Advance: When you first use the service, the amount you receive will likely be less than $250.
Key Aspects of Receiving a Dave Cash Advance
Beyond the borrowing limits, there are other important details regarding the process and associated costs:
- Advance Delivery Time:
- Standard Delivery: Funds typically take three days to arrive in your account.
- Express Delivery: For quicker access, you have the option to pay an express fee, which can deliver the cash advance to you in approximately 8 hours.
- Monthly Subscription: To access Dave's features, including cash advances, there is a low monthly subscription fee of $1.
Summary of Dave's Cash Advance Features
Here’s a quick overview of what you can expect when borrowing from Dave:
| Feature | Details |
|---|---|
| Max Advance | Up to $500 |
| First-Time Max | Likely under $250 |
| Standard Delivery | 3 days |
| Express Delivery | 8 hours (with an additional fee) |
| Monthly Fee | $1 |
