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MoneyLion
play.google.comSummary
MoneyLion is a financial app that provides mobile banking services, including early direct deposit, cash advances, and credit builder loans. It also offers features like cashback rewards and round-up investments to help users manage their finances and improve credit health.
Feature Matches3/12
See all3/12
Must Have
1 of 5
Early Direct Deposit
Instant P2P Transfers
Prepaid Debit Card (Cash App Card)
Commission-Free Stock Trading
Bitcoin Trading
Other
2 of 7
Fraud Monitoring & Security
Round-Up Savings
High-Yield Savings
Pay Over Time (Afterpay)
Instant Discounts & Offers
Customizable Card Designs
ATM Access & Fee Reimbursement
PricingFreemium
See allFreemium
MoneyLion WOW Membership
$9.99 monthly
- Access to exclusive offers and services
- Cell phone insurance
- Travel protection
- Auto-renews until canceled
- Members on 6-month or annual terms who cancel within the first month receive a refund for unused months
MoneyLion WOW Membership (6-month term)
$54.90 one time
- Access to exclusive offers and services
- Cell phone insurance
- Travel protection
- Auto-renews until canceled
- Members on 6-month or annual terms who cancel within the first month receive a refund for unused months
MoneyLion WOW Membership (Annual term)
$99.99 yearly
- Access to exclusive offers and services
- Cell phone insurance
- Travel protection
- Auto-renews until canceled
- Members on 6-month or annual terms who cancel within the first month receive a refund for unused months
Credit Builder Plus membership
$19.99 monthly
- Credit Builder Loans up to $1,000 (no hard credit check)
- Earn rewards as you improve credit health
- Get alerts and report credit scores to all 3 bureaus (Equifax, Experian, TransUnion)
- May require a portion of loan proceeds to be deposited into a Credit Reserve Account
- Not available in all states
- Credit score improvement is not guaranteed
Rationale
MoneyLion offers several features that align with the Cash App concept. It explicitly mentions 'Early Direct Deposit' and 'Round Ups' for investing spare change, which directly correspond to 'Early Direct Deposit' and 'Round-Up Savings' features. While it doesn't offer direct P2P transfers like Cash App, it focuses on banking, cash advances, and credit building. The website also mentions security features like '24/7 fraud detection' and 'real-time transaction alerts' which aligns with 'Fraud Monitoring & Security'. It does not appear to offer commission-free stock or bitcoin trading, nor does it offer a customizable prepaid debit card in the same vein as Cash App's 'Cash Card'.
Found via Google PlayPaid
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See allBest alternatives to [Product] in 2024?
Reddit·tech_enthusiast·2d ago·+142
I've been using Alternative A for 6 months now and it's been fantastic. The pricing is much better and the features are actually more robust than what [Product] offers.
Show HN: We built a better [Product]
Hacker News·startup_founder·5d ago·+89
After struggling with [Product]'s limitations, we decided to build our own solution.
It handles edge cases much better and the API is actually documented properly.
Check it out at our site.
[Product] vs Competitor B - which one should I choose?
Reddit·confused_buyer·Oct 14·+67
Honestly, after trying both, Competitor B wins hands down. Better customer support, cleaner interface, and they don't nickel and dime you for every feature.
Why we migrated away from [Product]
Hacker News·cto_mike·Oct 11·+234
The breaking point was when they changed their API without notice. We lost 3 days of productivity. Solution C has been rock solid for us since we switched.