Shipt is a popular, growing online grocery shopping and delivery app like Instacart that connects customers directly with personal shoppers (a.k.a. Shipt Shopper). They handpick and deliver your selected groceries from nearby local stores to your doorstep.
Shipt was founded in 2014 and is now available in over 5,000 cities across all 50 U.S. states. People love it for its straightforward sign-up process, simple, handy interface, support for a variety of payment options, and real-time, accurate updates, which make it unique among grocery delivery apps.
Online grocery delivery companies like Instacart and Shipt are simplifying the ‘gig job’ and becoming a popular path for self-employment for many who want a flexible work culture, especially younger workers (Gen Z).
However, the bitter truth is that 7 out of 10 gig workers and delivery drivers have been denied access to basic traditional products such as bank loans. Shipt shoppers complain that base pay is very low ($7-$10 per order) and that earnings depend entirely on tips, promotions, and order volume. During low seasons and fewer orders, often due to app glitches, their potential income is hampered.
For those Shipt drivers and shoppers who need an immediate cash injection to cover unexpected financial hardships, GigsMoney offers a ‘Ray of Hope’ in the form of the best cash advance for Shipt shoppers/drivers. We’ve gathered 10 cash advance apps that accept all types of income, provide same-day or in minutes funding, and some don’t charge interest or fees.
10 Cash Advance Apps for Shipt Drivers/Shoppers
GigsMoney
GigsMoney offers instant cash advances to gig workers, 1099 workers, independent contractors, freelancers, rideshare/delivery drivers, and small businesses through its partner lenders. It’s best for those gig workers who want to quickly compare lenders with a single application and get funding within a few minutes or the same day. It’s cash advances ranging between $200 $5,000. There’s no credit check when you apply, and you can accept all types of credit, including low- or bad-credit.
- Fast funding possible
- In-house loan specialists for support
- Accepts gig workers and other self-employed individuals
- Limited number of partners
- Not transparent about rates
- Mixed customer reviews
EarnIn
EarnIn is a cash advance app that allows eligible users to access up to $1000 anytime of their earned wages before their next payday. Its ‘Cash Out’ feature offers two fund transfer options: a free standard transfer (takes two business days) and a paid subscription that transfers funds within a few minutes but charges a small fee.
- Large advance of up to $1,000
- Optional tip instead of interest or fees
- No membership fees or interest charges
- Track location and timesheet
- Can only request $150 per day
- Advance limited to hours already worked
Cleo
Cleo is a budgeting app available in both Free and Paid versions. It is the best choice for people who want a cash advance and want to break their bad money habits to spend smarter. However, if you’re going to get cash advances, you’ll need to pay a $5.99 monthly subscription fee. If you want a same-day fund transfer, you’ll need to pay an extra cost. You can borrow from $20 $100 until you establish a strong payment history.
- No interest on cash advances
- Tools to help you save money and build credit
- No credit check required
- $3.99 express transfer fee
- Three to four business days for regular transfers
- $5.99 monthly membership fee
Current
Current offers paycheck cash advances up to $750, and unlike other apps, it doesn’t require a monthly subscription to qualify. Plus, you can use various other banking features and financial tools with no credit check, and it doesn’t charge interest either. But to be eligible, you have to deposit $500 or more and pay a small fee to receive a direct deposit into your bank account. Typically, people who want to access a cash advance up to $750, along with other helpful banking tools, consider the Current app.
- Advances up to $750
- Offers fee-free overdraft protection and other banking features
- No monthly subscription fees
- Must receive at least $500 in eligible deposits
- Requires direct deposit
- Mixed reviews
Beem
The Beem app offers cash advances up to $ 1,000, which may be more than its competitors. Besides cash advances, it provides tools, such as credit-building and monitoring, a cheap, fast way to file your taxes, and other perks. It doesn’t charge interest and does not require a credit check. However, the Beem app (formerly known as Line) received various customer complaints across major review platforms like Trustpilot and also posted some conflicting information.
- Advances up to $1,000
- Several additional features
- No credit checks or interest charges
- “Instant” transfers can take up to eight hours
- Hard to qualify for $1,000 advances
- Has a lot of bad reviews
Dave
Dave is a top choice for users looking for a cash advance app that combines quick cash access with a full suite of online banking tools. Usually, it offers cash advances of up to $500. It also provides its users with a digital checking account, budgeting tools, and even a good option to build credit through rent reporting to major credit bureaus. If you want an instant funds transfer, you’ll need to pay a small fee.
- Up to $500 in cash advances
- Integrated online checking account
- No interest charges on cash advances
- Instant access to cash requires a fee
- Cash advance limits based on income and account history
- Must be a monthly subscriber
Cash App
The ‘Cash App Borrow’ feature is available only to selected users. Currently, it’s a pilot project, so not everyone can see or access this option in the Cash App interface. But, if you’re qualified to access this feature, you can potentially borrow up to $200 – but pay a 5% finance fee on the borrowed amount. Some say they can access the feature without having direct deposits or a job. So, if you get paid in cash only, Cash App Borrow could work better for you than other cash advance apps that require proof of direct deposits to qualify.
Pros
- Works as part of Cash App
- Credit check not required
- Direct deposits may not be required
- Eligibility requirements are unclear
- Doesn’t disclose finance charges
- Limited to $200 per advance
Albert
Albert is a new and popular cash advance app that offers instant access to funds up to $1,000 to its members only. You don’t need to enroll in a paid subscription to use the cash advance feature; it’s available to any eligible Albert member with a connected bank account and a regular direct deposit history. Albert also offers an optional paid subscription that includes additional useful financial and budgeting tools, such as automated savings, spending alerts, and other financial management features.
- No mandatory fees
- tips are optional
- Includes a variety of financial tools
- Short repayment window
- No customer service phone number
- Mixed customer reviews
DriverBoost
The DriverBoost app is highly popular among rideshare and delivery drivers, including DoorDash, Shipt, Instacart, and more, and helps them connect with a network of 40+ lenders. Its application and funding are both fast, making it easy to apply from anywhere. You could receive funding in as soon as 10-15 minutes*. DriverBoost has many positive reviews, but some users report issues with communication and receiving too many marketing materials after applying.
- 40+ lending partners
- Accepts a wide range of credit scores
- Offers several financing options
- May result in excessive solicitations
- Rates can be high for some loan options
- Mixed customer reviews
GigsCheck
GigsCheck offers instant cash advances and other loan services dedicated to all gig workers, small businesses, freelancers, independent contractors, and 1099 workers, with funding available as soon as in minutes. It doesn’t require a guarantee, credit checks, or accept all types of low or bad credit scores. However, it doesn’t mention its rates and fee structure on its website – you’ll have to contact customer service.
- Same-day funding possible
- Cash advances up to $5,000
- Discounts for early repayment
- Doesn’t disclose rates or fees on its website
- Mixed customer reviews
- Low maximum loan amount
Sally is the Growth Marketer at GigsMoney. With years of experience as an independent contractor, she understands both the fulfillment and challenges that come with the gig economy. Now, she is enthusiastic to help build a collective voice to put gig workers at the forefront and drive meaningful change.
