MoneyLion: Banking & Cash Back

MoneyLion Inc.

About this app

Make better money decisions with MoneyLion. Access mobile banking, personal finance resources, personal loans, fast cash advances, & cashback rewards for extra money when you need it.

BANKING WITH ROARMONEY - GET PAID EARLY (UP TO 2 DAYS)²
Fast forward to payday with RoarMoney℠ direct deposit. Open a RoarMoney banking account and invest your extra cash with Round Ups³. Unlock cash advances up to $1000¹ with qualifying recurring direct deposits.

CASHBACK & REWARDS- MONEYLION WOW⁷
Get your cash back and even earn rewards on big financial decisions or everyday spending. Access exclusive benefits like cell phone insurance, travel protection, and more.

CASH ADVANCES UP TO $500¹
Access up to $500 of your paycheck, any day with Instacash® cash advances. Get money with no interest, no mandatory fees, & no credit check.

FAST LOAN OFFERS⁵
Need to borrow money? Get personal loan offers from partners on the MoneyLion Marketplace. Compare personal loan offers, small loans, online loans, & savings accounts.

CREDIT BUILDER LOAN WITH A MEMBERSHIP⁶
Credit Builder Loans up to $1,000 with no hard credit check. MoneyLion helps you earn rewards as you improve your credit health. Get alerts and report credit scores to all 3 bureaus; Equifax, Experian and TransUnion.

MoneyLion is not affiliated with other money apps, loan apps, or instant cash advance apps such as Dave, SoFi, Ally, Chime, Self, Varo Bank, Possible Finance, Albert, Klover,, Earnin, Empower, Cleo, Brigit, Kikoff, Credit Sesame, Credit Karma or Credit One Bank

1 Instacash is a 0% APR cash advance service provided by MoneyLion. Your available Instacash advance limit will be displayed to you in the MoneyLion mobile app and may change from time to time. Your limit will be based on your direct deposits, account transaction history, and other factors as determined by MoneyLion. This service has no mandatory fees. You may leave an optional tip and pay an optional Turbo Fee for expedited funds delivery. For a $40 Instacash advance with a Turbo Fee of $4.99, your repayment amount will be $44.99. Generally, your scheduled repayment date will be your next direct deposit date which can range from weekly to monthly depending on your deposit cycle. An Instacash advance is a non-recourse product, not a personal loan, and there is no mandatory minimum or maximum timeframe for repayment; you will not be eligible to request a new advance until your outstanding balance is paid. See Membership Agreement and http://help.moneylion.com for additional terms, conditions, and eligibility requirements.

Increased Instacash limit requires recurring direct deposit into RoarMoney account. Instacash is an optional service offered by MoneyLion. Terms and eligibility requirements apply.

2 With direct deposit. Faster access to funds is based on comparison of a paper check versus electronic Direct Deposit.

3 Round Ups is subject to terms and conditions. This optional service is offered by MoneyLion. You may be required to have certain MoneyLion accounts to use this feature.

5 MoneyLion displays personal loans in our marketplace with repayment terms from 12 months to 84 months and APR ranges from 5.99% to 35.99%. For example, if you receive a $10,000 loan with a 60-month term and a 16.21% APR, your required monthly payment would be $244.30 ($135.09 Principal + $109.21 Interest). Assuming all 60 payments are made on time, the total amount paid would be $14,657.87. All loan offers on the MoneyLion marketplace require your application and approval by the lender. Depending on the lender, other fees may apply, such as origination fees, or late payment fees. See lender’s terms and conditions for additional details. You may not qualify for the lowest rates or the highest offer amounts or may not qualify for a loan at all.

6 Credit Builder loans are made by either exempt or state-licensed subsidiaries of MoneyLion Inc. NMLS 1237506

249 W 17th St, 4th Fl, New York, NY 10011

Ratings and reviews

0 STARS..Up until last month, this app was an amazing financial lifesaver; however, a few mnths ago, they attempted to charge me fees, claiming it wasn't paid when I received my instacash. Well after multiple attempts, I was finally refunded my money, but noticed the same charge to my bank acct yesterday w/out my authorization. In addition, they've also reduced my borrowing limit because I choose not to tip every time - which is quite expensive. If I could afford to, I wouldn't be borrowing.

So many freaking fees. I use the advances to help when needed, but Jesus crist, if I could have just one fee instead of several, would be great. also asking to tip 3 times is ridiculous. I like the information it gives overall, but there are several apps where you can have a good amount of cash advance and only pay one cheap fee, unlike this one.

Very Intrusive, wont allow you to just select what you want and complete the agreed transaction. Forces you to jump through hoops and hides buttons trying to also force you into giving more money back to them. Lied about the amount it said I could borrow. Gave me only a fraction of the promised amount. Had to click through the process 3 or 4 times before it would /actually/ process the amount, giving me bs pop-ups the while time. I recommend the other lender apps.

What’s new

We’ve squashed some bugs and made some performance improvements.