In July 2021, we opened up access to the Moves Spending Account to all Moves members. Now, gig workers across the U.S can experience banking built for how they work. As part of this release, changes have been made to Cash Advances so that we can provide a more seamless experience using the Moves Spending Account and support more gig workers.
As of July 12, 2021, Cash Advances, deposits and withdrawals will be done exclusively using the Moves Spending Account. Giving you instant deposits and convenient withdrawals. Cash Advance eligibility and amounts will be based on direct deposits from your linked gig accounts to your Moves Spending Account. We’ve made changing your direct deposits easy with automatic switching in a few simple taps. With your deposits switched you now have one convenient account to see all your gig business earnings and expenses!
If you already have a Moves Spending Account: If you haven’t already, you will need to switch the direct deposits of your linked gig accounts to your Moves Spending Account to continue accessing instant Cash Advances. If you have already done this there are no additional steps needed, you’re ahead of the curve!
If you do not yet have a Moves Spending Account: Navigate to the Cash tab in the Moves app to begin the application process. Once you have been approved, you can automatically switch your direct deposits from linked gig accounts in just a few taps. Now you’re ready to access instant Cash Advances!
If you have been declined for a Moves Spending Account: Unfortunately at this time you will not be able to reapply for a Moves Spending Account. If you currently have an active Cash Advance, you will still continue to make payments to Moves via your linked bank account
If you have been previously declined for a Cash Advance: You can now apply for a Moves Spending Account! If approved, you’ll be able to switch your deposits and access instant Cash Advances. If you already have a Moves Spending Account and have been declined in the past for a Cash Advance you may have the ability to reapply.