What happens if you don’t tip Earnin?

Nothing at all. Tip or don’t tip. You have access to the same Earnin features.

Does Earnin contact your employer?

Earnin does not contact your employer. But they may ask you to verify your work email or any online time logs so they can track your earnings.

What’s the catch with Earnin?

The catch is, many people won’t qualify for Earnin in the current work culture and economy. Earnin relies on users having a traditional means of employment, either in a fixed office space or income from one primary employer that pays on a predictable schedule. Hourly workers must prove that they make at least $4 per hour. This may leave out folks who work with many clients, have many gigs, or receive a large portion of their income in tip money, such as restaurant servers.

Is Earnin better than a payday loan?

Yes. Many payday loan lenders offer predatory services and sky-high interest rates that are misleading and unfair to the consumer. Earnin is a better option, but you still need to be careful with the tip function. It may seem like a small way to say thank you, but the tips can add up. To illustrate, a $5 tip for a $100 cash advance received 14 days before your paycheck comes out to a <a href="https://www.nbcnews.com/tech/internet/millions-use-earnin-get-cash-payday-critics-say-app-taking-n1034071">130%</a> APR.

Reviews

The latest bank reviews and ratings:

Earnin Review – Is Earnin Good To Use for Cash Advances?

November 2, 2022 by Madelyn Brown

Short on cash, but payday is too far away? There’s an app for that. As of early 2022, research from LendingClub shows 64% of consumers are stuck in the paycheck-to-paycheck cycle. So more than half of the consumers surveyed are likely unable to cover an emergency expense. One solution can be to use an app […]

Chime Review–A No Monthly Fee Banking Alternative (2022)

February 4, 2022 by Rob Berger

Chime is one of several new Fintech companies challenging the financial industry. It offers a highly rated mobile app, low fees, a secured credit builder credit card and a competitive interest rate. In this Chime review we cover its features and fees. Chime Snapshot I embraced online banking when it first became a thing more […]

Netspend All-Access Review

December 29, 2021 by Rob Berger

Current Visa Debit Card Review

May 8, 2021 by Abby Hayes

Editorial Review Fees There is no monthly fee for the parent’s basic checking account. The basic account includes the following features: Free White Card Standard direct deposits 1 Savings Pod A budget for a single category of spending Spending Insights Instant notifications for purchases No overdrafts or hidden fees The Premium account costs $4.99 a […]