This Even App has proven to be one of the best insta pay apps on the market. Its been getting stellar reviews from the majority of people that use the app and from what they say it seems like its one of the best if not thee best one.
So lets dive into the app and see what all the hype is about,
So what are the pros of Even
They have interest-free cash advances. Instapay through Even is one of the few apps that don’t require you to pay any type of tip or anything like that when borrowing money. You can instantly pick up the cash. You don’t have to wait not even one business day for your money. You can go down to your local Walmart and grab the cash immediately with no cost to you.
It’s more than just a pay advance app. Even though this is the a major benefit of using the Even app, you can also budget and see how much you’ll have left to spend for the pay period after monthly bills.
Like I stated earlier that the online reviews for the Even app are on average 4.9 out of 5 in iOS App Store and Google Play.
The Cons of the Even Insta Pay App are
Your employer must use Even InstaPay. Not everyone has access to the InstaPay feature of the Even app only select employers back it. Monthly membership fee.
While you won’t pay any interest, you’re on the hook for the $8 Even Plus monthly membership fee to have access to the InstaPay feature. No list of employers.
Curious if your employer uses Even?
Unfortunately, there’s no list of employers on its website. You’ll have to either contact Even customer support or ask your payroll manager for more details.
Only borrow 50% of the net pay you’ve already earned.
To help keep your finances balanced, Even InstaPay only allows you to access up to 50% of the money you’ve already earned. After looking at the cons I’m not sure how this app received such high ratings in the apps stores and google playIt doesn’t seem like this App is really worth the trouble,
If you want to check out the list of the apps that pay you instantly go here