FloatMe
People who can pay $6.99 a month and want a small, steady advance before payday.Facts verified September 11, 2026
FloatMe is a cash advance app that lets members borrow $10 to $200 before payday, called a Float. It costs $6.99 a month to use, with no interest and no credit check. Standard delivery is free and takes 1 to 3 business days. Instant delivery costs extra, based on how much you borrow.
$200
Max advance
$6.99/mo
Subscription
None
Credit check
Tiered by Float amount, $1.00 to $10.00; capped by state law in Indiana and Maryland
Instant fee
The details
- Max advance
- Up to $200
- Limit resets
- Other
- Mandatory fees
- $6.99/month membership required to request any Float
- Interest
- No interest
- Late fee
- None. Terms state no late fees, no debt collection, and no credit bureau reporting on unpaid Floats.
- Credit check
- None
- Direct deposit required?
- No
- Bank-link required
- Yes
- Instant transfer
- As little as a few hours
- Instant transfer fee
- Tiered by Float amount, $1.00 to $10.00; capped by state law in Indiana and Maryland
- Free transfer
- 1 to 3 business days
- Tips
- None
- Eligibility
- Must be 18 or older, a US citizen or lawful permanent resident, with a linked bank account and an active debit card. Not available in Connecticut, Washington DC or Nevada.
Pros & cons
Pros
- FloatMe lists the exact instant fee for each Float size on its site, not a broad range. You can check the real cost before you request an instant Float.
- Standard ACH delivery is always free. It typically lands in your account in 1 to 3 business days.
- FloatMe charges no interest and no late fee. Its terms say it will not send an unpaid Float to collections.
- There is no credit check to sign up, so a thin or damaged credit file will not block you.
- Your $6.99 membership also unlocks credit monitoring, a subscription tracker, and low balance alerts. You get more than just Floats.
Cons
- You must pay $6.99 a month to use FloatMe. There is no free, pay-per-Float option.
- First-time Floats are capped between $10 and $50. FloatMe says the $200 maximum comes only over time and is not guaranteed.
- Free standard delivery can take up to 3 business days. Getting cash sooner means paying the instant fee on top of the membership.
- FloatMe does not report Floats to credit bureaus, so on-time repayment will not help build your credit score.
- FloatMe is not available in Connecticut, Washington D.C., or Nevada.
- In 2024, the FTC found FloatMe turned down people who got Social Security, unemployment, or military pay. FloatMe still charged them the membership fee. FloatMe paid back $3 million to customers.
