Albert review: is the Albert cash advance app legit?
Albert is a legitimate cash advance app, and Albert Corporation is the company behind it.
- Biggest advance
- $1,000
- Fee per month
- None
- Fast transfer cost
- Transfers to Albert Cash cost nothing; fees for other cards are determined within the app.
- Complaints to the CFPB
- 788
Albert on file
- Owner
- Albert Corporation (Covina, California)
- Issued by
- FinWise Bank provides the Instant line of credit
- Product
- Instant cash advances of $25-$1,000 through the Albert banking and budgeting app, set up as a FinWise Bank credit line that carries draw fees
- Subscription
- None, optional
- Fee for a fast transfer
- Delivery to Albert Cash is free and instant; draw fees might apply to the Instant line of credit (see app for amount); external instant transfers incur an app-set fee, while fast transfers from Albert Cash cost either $5.99 or 1.75%, whichever is higher (capped at $25).
- Time without a fee
- It is instant into Albert Cash; using free ACH to reach another bank may take as long as 2-3 working days
- Credit checks
- Instant does not trigger a credit report pull, yet Albert gathers other data from consumer reporting agencies.
- Time to get the money
- An Albert Cash account gets money instantly; outside transfers arrive in minutes for a fee, while free ACH can take up to 2-3 working days
Taken from what Albert publishes, CFPB complaint counts and public enforcement files. All sources are listed at the foot of the page
Albert fees and costs
Convert Albert's fees to a yearly rate using the calculator on our cash advance apps page.
Good to know about Albert
- Few customers qualify for the maximum, Albert says, though Advance limits go from $25 up to $1,000
- Instant requires no subscription; other features are included in the optional Standard ($19.99) and Genius ($39.99) plans.
- Albert Instant now operates as a FinWise Bank line of credit that charges draw fees, rather than serving only as a no-fee advance.
- Funds arrive instantly and free in Albert's own Cash account; however, moving money out quickly costs at least $5.99.
- You have just six days to repay advances
States where Albert works
The Albert pages we read give no list of states. Ask which license covers your state and check it on NMLS Consumer Access before you share bank details.
Albert complaints and lawsuits
The CFPB database lists 788 complaints naming Albert Corporation. Most common issues: account management; account closure; trouble with charges to your account from a lender or another company. Check the CFPB count
Our search of CFPB, FTC and state enforcement records turned up nothing against Albert.
Short on cash before payday?
Talk to a specialist about lower-cost ways to cover the gap in your state. Talk to someone about cheaper options: 855.947.5189
This line reaches a debt and loan options specialist. We are not Albert and cannot reach your Albert account.
Albert alternatives: apps like Albert
| App | Fee a month | Biggest advance | Fast transfer on $100 | CFPB complaints |
|---|---|---|---|---|
| Albert (this record) | None | $1,000 | – | 788 |
 EarnIn | None | $1,000 | $5.99 | 290 |
 MoneyLion | None | $1,000 | $7.50 | 4,093 |
 Klover | $4.99 | $750 | $9.49 | 49 |
 Chime SpotMe | None | $750 | $3 | 29,493 |
– means the company does not publish it. Complaint counts are totals, not rates: a bigger company draws more. Open any name for its full record.
Questions regarding Albert
Is Albert a legitimate service?
Albert Corporation operates this genuine cash advance app called Albert. You can get up to $1,000 without paying a monthly fee. The CFPB complaint database records 788 complaints filed against Albert Corporation.
Who is the owner of Albert?
Albert Corporation (Covina, California). FinWise Bank (Instant line of credit) is the lender listed on the loan.
Will Albert look at your credit?
Albert states: Instant has no credit report pull, yet Albert gets other data from consumer reporting agencies.
How quickly does Albert deliver money?
Albert says money reaches Albert Cash at once; external transfers land within minutes for a fee; free ACH takes as long as 2-3 working days.
Have there been lawsuits or fines against Albert?
Our search of official sites found no enforcement action by the CFPB, FTC, or any state against Albert.
Where the Albert facts come from
- Albert Corporation and its affiliates provide Albert services; Instant Advance limits; Instant Advance requires no monthly fee, credit check, interest, or late feeshelp.albert.com
- Headline for the marketing pagealbert.com
- Albert Instant is now called an unsecured line of credit that has draw fees; You do not need a subscription for Instanthelp.albert.com
- The fee for drawing funds changes based on how much you take; You can get up to six advances every 30 dayshelp.albert.com
- Subscription plans are optional; Standard costs $19.99/month; The Genius plan costs $39.99/month and is an optional subscriptionhelp.albert.com
- A free ACH withdrawal from Albert Cash can take up to 2-3 business days; a fast transfer costs $5.99 or 1.75%, whichever is greater, up to a $25 cap; Time needed for free ACH withdrawalhelp.albert.com
- Instant requires no credit report pull, yet Albert uses other data from consumer reporting agencieshelp.albert.com
- Late fees may apply to the line of credit if repayment is latehelp.albert.com
- Total complaints in the CFPB database for Albert Corporation (covers all Albert products)consumerfinance.gov