Dave Disclosures

Designed by Dave, not a bank. Evolve Bank & Trust, Member FDIC, holds all deposits and issues the Dave Debit Card, pursuant to a license from Mastercard®.

General Terms

AccountDisclaimer

Dave Spending Account

For a complete list of terms and fees for the Dave Spending account, see the Dave Spending Deposit Agreement and Disclosures.

Dave Goals Account

For a complete list of terms and fees for the Goals account, see the Dave Goals Deposit Agreement and Disclosures.

Dave ExtraCash™ Account

For a complete list of terms and fees for the ExtraCash™ account, see the Dave ExtraCash™ Deposit Agreement and Disclosures.


Disclosures related to the Dave Extra Cash Account

ServiceDisclosure

Up to $500 ExtraCash™ Advances within 5 minutes or less

Based on internal data as of March 30, 2023, for users who had connected an external bank account and transferred an advance to their Dave Spending Account. ExtraCash™ is a DDA account with overdraft utility, advances are subject to eligibility requirements and identity verification. Taking an ExtraCash™ advance will make your account balance negative. Express delivery fees apply to instant transfers. As of January 2024, the average approval amount for disbursed advances is $160 in the trailing six months.  See the Dave ExtraCash™ Deposit Agreement and Disclosures for more details.

Express Delivery

Express fees to transfer an ExtraCash™ advance to a Dave Spending account are 3% (minimum $3) of your total advance amount versus 5% (minimum $5) to transfer to an external debit card. Thus, transferring an advance to Dave Spending is 40% less expensive than transferring it to an external debit card.

ExtraCash™ Advance Settlement

Dave attempts to schedule your settlement date on the date of your next paycheck.


If no direct deposit is detected, the settlement date will be set for the nearest Friday. This may result in a scheduled settlement less than 24 hours from when you take your advance.

Disclosures related to the Dave Spending account

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4% Annual Percentage Yield

Annual Percentage Yield (APY) is effective as of 08/01/2023. The rate is variable and may change at any time without prior notice, before or after the account is opened. No minimum deposit or minimum balance requirements. Fees could reduce earnings on the account.

Early Payday

Early access to direct deposit funds depends on timing and availability of the payroll files sent from your employer. These funds can be made available up to 2 days in advance.

No ATM Fees

No ATM fees within Dave’s network of 38,700+ ATMs. Out of network fees apply. The Dave debit Mastercard® is accepted everywhere a Mastercard debit card is accepted. Foreign transaction fees apply.

Dave Rewards

Rewards are not offered by Evolve Bank & Trust, but instead are offered and managed by Dave Operating LLC., in partnership with Figg. For full terms, see Dave Terms of Use.

Disclosures related to the Dave Goals account

ServiceDisclosure

4% Annual Percentage Yield

Annual Percentage Yield (APY) is effective as of 08/01/2023. The rate is variable and may change at any time without prior notice, before or after the account is opened. No minimum deposit or minimum balance requirements. Fees could reduce earnings on the account.

Disclosures related to the Dave app

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Dave Surveys (Side Hustle)

Earnings may vary depending on eligibility and availability.

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Designed by Dave, not a bank. ©2024 Dave, Inc.

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Evolve Bank & Trust, Member FDIC, provides all banking services and issues the Dave Debit Card, pursuant to a license from Mastercard®.

All trademarks and brand names belong to their respective owners and do not represent endorsements of any kind.