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How do cash advance boosts work?

How do cash advance boosts work?

How do I earn higher cash advances with my Credit Builder Card?

R
Written by Rachael Soglin
Updated over 2 months ago

What’s an advance boost?

Money added to your eligible cash advance amount. It’s a reward for completing certain tasks.

How much boost can I get?

Earn a boost for each completed task. Earn 3 boosts total if you do all 3. Your eligible boost amounts can be seen in the Spend tab.

What do I need to do to get an advance boost?

Have a brand new Credit Builder Card and complete these (each is worth 1 boost):

  • Add $30 to your card’s security deposit.

  • Activate your physical card.

  • Spend 3 times with your card.

Do I need to sign up or opt in?

You don't need to sign up or opt in to earn advance boosts.

Do I have to do all 3 tasks to earn a boost?

No. You can complete all or just some. Either way, you’ll earn a boost for each task you complete.

How long do I have to do all the tasks?

You have 30 days from opening the card to complete the tasks.


How do I complete the cash advance boost tasks?

Do I need to add $30 all at once?

Yes, you need to add $30 in a single, self-funded transfer to your card’s security deposit.

How long does it take to get my physical card?

About 2 weeks after you order it. If yours is late, reach out to Customer Service.

Which spends count towards my 3 spends?

Any spend with your virtual or physical Credit Builder Card.


What about eligibility?

What happens if I’m not eligible for an advance?

Boring answer: All eligibility requirements for cash advance apply and eligibility is not guaranteed.

Cool answer: If you’re not eligible now, don’t worry! Once you become eligible again your boost will still be added to your next eligible advance amount.

What if I already have a boost?

These boosts will be added on top of whatever boosts you already have.

Who can earn these boosts?

For now, these are for those who just got a Credit Builder Card. Keep an eye out for other spicy boost offers.

When can I take out my boosted advance?

Whenever your next cash advance becomes available.

  • Have a cash advance out? The boost will be applied to your next cash advance after you repay that one.

  • Don't have a cash advance out? See the boost on your next cash advance.


What about repayment?

How do I repay a boosted cash advance?

Just like other cash advances. When you sign up for an advance, you select your repayment date.

Can’t repay on that date?

  • Say "extend repayment" in Chat.

Don't have enough in your account to repay?

  • We may take a partial payment (if you opted into this), and try to take the remainder later while your debit authorization remains active.

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