Vola Finance is offering new custoemrs. $5 CASH BONUS
Vola aims to improve financial literacy and inclusion amongst the millennial population. Their platform lets users access immediate funds without checking Credit Scores and helps manage expenses and avoid bank fees through the Vola Card.
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Vola Finance $5 Welcome Bonus
Get a 4% cash bonus when you download Vola Finance app and use a member’s referral code to register for a free account. Please note that this offer if valid for new users only.
If you have an active account, feel free to share your referral code below in the comments section for people to take advantage of.
How Vola Finance Works
With Vola, they’ll make sure your bank balance does not get too low and alert you before it does so that you don’t pay overdraft or NSF fees. When your account is below $35, it sends an alert — and you’ll be able to borrow an advance of up to $300 to prevent overdraft and non-sufficient funds (NSF) fees. Transfers are made as soon as you initiate them, making it easy to avoid fees.
Furthermore, Vola will breakdown your spending pattern to help you budget your upcoming expenses and find ways for you to save. They’ll automatically deduct repayments from your bank account, but you can make a payment earlier without any prepayment penalties. And if you don’t have funds in time, you can request an extension of up to 10 days.
Once you repay your advance, Vola makes you wait five days before you can take out another advance.Vola Finance
Through their iOS and Android apps, users can access credit score building tools, cash advances and the Vola Card.
Vola Finance Eligibility
The app is open to everyone for download. However, to qualify for an advance, your bank account must meet the following requirements:
- It must be more than three months old.
- The average balance must be over $150.
- It must show income and deposits.
- It must show activity most days of the week.
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Conclusion
I recommend Vola Finance for those who want to monitor their bank account and learn how to budget. However, choose something else if you want to avoid membership fees.
Alternatively, you can also checkout Dave Banking App, you can get help on improving your financial health with their breakthrough financial tools.
Referral code: FXDRTNK9