Neo-Bank
Rating by Finanso®
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Dave pay off guide

Advertiser Disclosure

When you get an advance, you agree to the repayment schedule and the date you should pay back the full sum.

You can pay your paycheck advance back manually or set up automatic payments using your bank account. The repayment date of automatic payments is set to your next payday. However, Dave App will review your balance not to trigger overdrafts.

You can view your current paycheck advance details and payback history through the mobile app. Click Advances.

You may see the amount you should pay back to be slightly different from what you expected. This may occur due to express delivery, tips, or partial payback.

  • Express delivery allows you to get your advance earlier for a fee of $0.99–$6.99.

  • If you want to thank the company and its employees for the service, you can tip a percentage of your paycheck advance. Dave sends money for Feeding America.

  • Partial payback is the situation when Dave is unable to withdraw the full amount of your payback and settle the outstanding balance.

Early payoff

You can contact customer service in case you want to change your payment date. In case you can't pay on your due date, Dave won't issue a late fee. Though, to get another advance, you will need to pay back the full sum of the existing one.

FAQ

How much does Dave cost?

There is a monthly membership fee of $1. The services come with no late fees or penalties.

How do I pay back Dave?

To pay back, you can use automatic payments or do it manually on the payment date. 

What happens if I don't pay Dave back?

In case you cannot pay back on time, Dave will charge your bank account automatically. You will get an overdraft and won't be able to get another advance until you repay the current one.

Will Dave overdraft my bank account?

Yes, Dave will do that if you fail to pay back the advance.

Offers
Dave
ExtraCash™
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
$150 - $500
Rate
i

Interest rate

0% APR
Term
i

Loan term for the financial product

up to 7 days
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

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Rating by Finanso®
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

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