FloatMe review: is the FloatMe cash advance app legit?
FloatMe is a legitimate cash advance app, and FloatMe Corp. is the company behind it.
- Biggest advance
- $200
- Fee per month
- $6.99
- Fast transfer cost
- $7.50 on $100
- Complaints to the CFPB
- 10
FloatMe on file
- Owner
- FloatMe Corp.
- Product
- Small cash advances, called Floats, come with a monthly membership you pay for.
- Subscription
- $6.99 a month, optional
- Fee for a fast transfer
- You pay between $1.00 for $10 and $10.00 for $200 for an Instant Float, including $7.50 for $80 or $100, while standard ACH costs nothing.
- Time without a fee
- Expect a wait of 1 to 3 working days.
- Credit checks
- They skip the credit check, review activity in your linked bank account, and do not report to credit bureaus.
- Time to get the money
- Instant Floats cost extra and can show up in seconds, though a few hours is possible; standard ACH needs 1 to 3 working days
Taken from what FloatMe publishes, CFPB complaint counts and public enforcement files. All sources are listed at the foot of the page
FloatMe fees and costs
Convert FloatMe's fees to a yearly rate using the calculator on our cash advance apps page.
Good to know about FloatMe
- First-time users get only $10 to $50 approved, though small advances can reach up to $200.
- Though the monthly membership is $6.99, you can get a no-cost Float by emailing nocost@floatme.com per the terms.
- A $100 Float carries a $7.50 instant-delivery charge under tiered pricing; free standard ACH arrives in 1 to 3 working days
- In 2024, the FTC settled with FloatMe over hard cancellation and false 'free money' claims, securing $3 million for refunds.
States where FloatMe works
FloatMe names 50 states on its own site. Each link opens that state's payday and small-loan rules as general background, not a ruling on FloatMe's own advances.
- Alabama
- Alaska
- Arizona (capped)
- Arkansas (capped)
- California
- Colorado
- Connecticut (capped)
- Delaware
- Washington DC (capped)
- Florida
- Georgia (capped)
- Hawaii
- Idaho
- Illinois (capped)
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland (capped)
- Massachusetts (capped)
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana (capped)
- Nebraska (capped)
- New Hampshire (capped)
- New Jersey (capped)
- New Mexico (capped)
- New York (capped)
- North Carolina (capped)
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania (capped)
- Rhode Island
- South Carolina
- South Dakota (capped)
- Tennessee
- Texas
- Utah
- Vermont (capped)
- Virginia
- Washington
- West Virginia (capped)
- Wisconsin
- Wyoming
States FloatMe lists as off limits: Nevada (1 in all).
FloatMe complaints and lawsuits
The CFPB database lists 10 complaints naming FloatMe Corp. Most common issues: you cannot stop withdrawals from your bank account; you were charged fees or interest that surprised you; trouble with the final payoff process on a loan. Check the CFPB count
- 2024 · FTCCharges of discrimination, cancellation dark patterns, and deceptive 'free money' promises were filed by the FTC against FloatMe and its co-founders; $3 million is for refunds. Source
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 FloatMe and cannot reach your FloatMe account.
FloatMe alternatives: apps like FloatMe
| App | Fee a month | Biggest advance | Fast transfer on $100 | CFPB complaints |
|---|---|---|---|---|
| FloatMe (this record) | $6.99 | $200 | $7.50 | 10 |
 Gerald | None | $200 | Free | None filed |
 Possible Finance | $15 | $650 | – | 2,912 |
 Dave | $5 | $500 | $1.50 | 829 |
 Brigit | $8.99 | $500 | – | 384 |
– 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 about FloatMe
Is FloatMe legit?
FloatMe Corp runs FloatMe, a genuine cash advance application. Some plans cost $6.99 monthly, while advances reach up to $200. There are 10 complaints under FloatMe Corp in the CFPB complaint database, plus one government or court action we found on record.
Who owns FloatMe?
FloatMe Corp.
Does FloatMe check your credit?
According to FloatMe, it performs no credit check, examines linked bank activity, and reports nothing to credit bureaus.
How fast does FloatMe send the money?
According to FloatMe: standard ACH needs 1 to 3 working days; for a fee, Instant Floats arrive in seconds or up to a few hours
Has FloatMe been sued or fined?
In 2024, the FTC charged FloatMe and the co-founders over cancellation dark patterns, discrimination, and deceptive 'free money' promises, with refunds of $3 million
Where the FloatMe facts come from
- FloatMe Corp. holds a Texas license as a regulated lenderfloatme.com
- Maximum Float; They do not check your credit; Your next paycheck repays the Floatsfloatme.com
- Amounts available for a first-time Float; The cash-advance page still displays an older membership price; The website states that advances require a membershipfloatme.com
- The terms list a membership fee; Terms let you request a no-cost Float by email; Fee table for an Instant Floatfloatme.com
- No interest applies, and no reporting goes to credit bureausfloatme.com
- Total CFPB complaints filed under the company name for this brandconsumerfinance.gov
- FTC order from 2024; FTC complaint covers the instant fee and advertised versus actual amountsftc.gov
- FTC has sent refundsftc.gov