MoneyLion Plus is a membership program where members get access to members-only benefits.
Membership applications are subject to review, and approval depends on a variety of underwriting factors including verification of your identity, your income, positive balance in your bank account, and more. Applicants must be at least 18 years of age or older and reside in a state where we can offer MoneyLion Plus (see more at In what states is MoneyLion Plus available?).
Applying for membership does not require a good credit score. As part of reviewing your application a soft credit inquiry is generated but is only visible to you and does not affect your credit score.
Members pay $29/month and are required to save $50 into their Plus investment account every month. Members in good standing can earn an additional $1/day by logging into the mobile app to view their daily personalized tips, get unlimited access to $500 5.99% APR loans with a term of 12 months, and earn 1 point every month for every $10 average daily balance in their Plus investment account.
Plus loan requests submitted via the MoneyLion mobile app Mon - Fri before 11:00am ET are typically funded the same business day. Results may vary; your bank may have rules that could limit our ability to credit your account. MoneyLion is not responsible for any delays which may occur due to errors with your financial institutions, such as incorrect account or routing numbers. Loan payments are reported to credit bureaus.
You must also download and install the MoneyLion mobile app in order to get daily cashback. MoneyLion currently supports Android and iOS devices. Message and data rates may apply from your mobile service provider.