Klover
- Best for: Workers with steady direct deposits who can wait two to five business days for a no-cost advance
- What Sets It Apart: Points paid for your data, from receipts, ads, and surveys, cover express fees or small advances
- Loan Amounts: $25 to $750; up to $850 in Indiana and $150 in Wisconsin; $170 average, by Klover’s count
- Terms: Repaid from your next paycheck; all-points advances due in 7 days; no collections or credit reporting
- Features: Standard transfer usually in two to five business days; Klover+ budgeting tools and Experian score
- Monthly Fee: $0; optional Klover+ $4.99, free for your first 30 days
- APR: 0%; Klover charges no interest
- Cost: Standard transfer $0; express up to $9.49 on $100 and $37.49 on $750; $4.99 on $100 in Indiana, $7.49 in Wisconsin; no paid express in Connecticut or Maryland
- Credit Needed: No minimum score; no credit check
- Eligibility: Three consistent direct deposits from an employer; a linked bank account and debit card
- Pros: No-cost standard advances; no interest or late fees; unpaid advances never go to collections
- Cons: Sells and shares personal data for ads; points program required; express up to 16% of a small advance; needs three employer deposits
Use Klover for a small cash advance if you can wait two to five business days for the free transfer and don’t mind trading your data for it, since Klover sells and shares members’ personal information for targeted ads. Getting the money instantly costs up to $9.49 on a $100 advance in most states.
Klover advances up to $750 before payday with no interest, late fees, or credit check, though Klover says the average advance is $170. It fits a worker with steady direct deposits who runs a little short now and then, not every pay period.
Key Features
- Advances of $25 to $750, or up to $850 in Indiana and $150 in Wisconsin
- Free standard transfer, usually in two to five business days, or express delivery for up to $9.49 on $100 ($4.99 in Indiana, $7.49 in Wisconsin; not offered for a fee in Connecticut or Maryland)
- Repayment taken from your next paycheck deposit, with no late fee, collections, or credit reporting if it fails, though new advances can pause until it’s paid
- Points for scanning receipts, watching ads, and taking surveys, which can unlock bigger advances or cover express fees at 500 points per $1
- Optional Klover+ membership at $4.99 a month, free for your first 30 days, with budgeting tools and an Experian credit score
Pros
- Standard advances cost nothing, with no tip or subscription required
- No interest, late fees, or credit check
- An unpaid advance never goes to collections or a credit bureau
Cons
- Its homepage calls your data anonymized, but its privacy policy says it sells and shares personal information for targeted ads, which can include payment, job, and location data
- Every member joins the points program, which pays points for that data, and leaving it may close your account
- A receipt that qualifies earns 5 points, worth a penny toward an express fee at Klover’s rate
- Express delivery costs up to 16% of a $25 advance and 9.5% of a $100 one, by our math
- Qualifying takes three consistent direct deposits from an employer, about six weeks for most new hires
Klover is worth it for a worker with steady direct deposits who can wait two to five business days and accepts the data trade, since the standard advance costs nothing in cash. Anyone who’d rather pay in cash than in data should pick an app whose privacy policy says it doesn’t sell personal information.
Learn more about Klover or see how it compares to the best cash advance apps.
Klover
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