Get a cash advance of up to $250

A cash advance gives you instant access to funds to cover emergency expenses, or unexpected purchases, like a car repair, or a pet emergency. Typically, you need to repay the funds by a set date. Most cash advances charge interest, but with Cover, you’ll never have to pay interest.

Nope, the Cover cash advance won’t have any impact on your credit score. So that’s one less thing to worry about!

Because you’re not paying any interest on your cash advance with Cover, you won’t rack up any additional debt. Once you pay your monthly subscription fee on time and repay the full amount, you’ll have no debt to worry about.

The main difference between a loan and a cash advances is their purpose. Loans are generally taken out for larger or more long-term financing necessities, like paying college fees or buying a vehicle. A cash advance is typically designed for more short-term or emergency situations. Often cash advances have higher interest rates than a loan, but with Cover, you won’t have to pay any interest!

Everyone! All users who sign up for Cover will get instant access to funds starting as low as $2! Over time, you can unlock a higher rate.

If you are eligible to increase your Cover amount, we’ll let you know. There are some things you can do to increase the likelihood of a higher Cover limit: continue to make use of KOHO for everyday spending, and repay your monthly Cover fees on time. Using other KOHO features like Credit Building, and paying bills from your account can help too. Good things come to those who wait.

KOHO Cover fee starts as low as $2 and varies based on the amount of the cash advance among other factors, visit the KOHO app to know more!