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How do you get $250 from Albert app?

Income advance As long as your paychecks are automatically deposited into an Albert account, Albert can provide you with a cash advance up to $250. Once the request is made, the money is deposited into your account within three days. You repay the loan when your next paycheck is deposited, at 0% interest.

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What is the Albert app and how does it work?

The Albert app is a financial monitoring tool, with a bit of a twist. Rather than do one or two jobs, like automating savings or keeping track of your bills, Albert aims to be a one-stop shop for nearly all of your monthly financial needs.

The Albert app offers:

Automatic savings based on what you can afford

Cash advances against your next paycheck

Insurance options and discounts

A custom investment portfolio

Genius service for access to human advisors

You begin by linking all of your accounts to the app. Albert uses the same security measures as any major bank, keeping your financial information private. Once you've linked the app to your checking, savings, and investment accounts, it tracks your account balances and net worth. Most importantly, it helps you keep your finances organized. You can even bank through the app, although Albert is not a bank and all banking services are provided through Sutton Bank, member FDIC.

Top perks

The Albert app is like having several financial apps in one. Here are some of its best features.

Basic functions are free to use

It's not until you decide to sign up for Genius that a fee comes into play, and even then, you only have to pay what you think the service is worth to you.

Genius offers access to human advisors

A subscription with Genius gives you access to human financial advisors, available seven days a week to answer any financial questions you have. For example, if you're curious about how to pay off loans, save for a vacation, or open a college fund for your child, an expert can give you step-by-step directions. You can try Genius for free for 30 days and if you're not happy with the service at any point, it's easy to cancel via the app.

Helps identify potential savings

The Albert app analyzes your spending habits to learn where you might be able to save. This can be a particularly helpful tool given how difficult it can be to identify savings opportunities on our own. The savings feature examines your spending and uses an algorithm to figure out how much money you can afford to automatically save each week. You'll need to be a member of the paid Genius service to use this feature. The Albert app even checks your bank account balance before making a transfer to ensure that there's no risk of overdrawing your account.

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Guides you through basic investing

The app's Portfolio by Genius can create a custom investment portfolio tailored to meet your specific goals. It can also offer you guidance through a team of human advisers.

Gives you access to your paycheck two days early

If your funds tend to run low shortly before your next paycheck is due, Albert will advance you the money two days before your check is set to hit your account.

Income advance

As long as your paychecks are automatically deposited into an Albert account, Albert can provide you with a cash advance up to $250. Once the request is made, the money is deposited into your account within three days. You repay the loan when your next paycheck is deposited, at 0% interest.

Insurance options

Albert can help users find life, auto, home, and renters insurance through the app. It can also offer coverage discounts and connect users to policy options, including from its life insurance partner, Ladder. The convenience of doing all this work in one place will appeal to some users.

What could be improved

The Albert app is fun to use and full of helpful functions. However, it's not perfect. Here are a couple of things that could be improved.

No way to reach a human by phone

Not everyone is tech savvy, and it would be nice to have someone on the other end of a phone to walk us through any of the app features that don't make sense.

No investment options for retirement

While you can select from a list of stocks and funds, it does not appear that the app supports any retirement plans.

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