MoneyLion: Banking & Cash Back icon
MoneyLion: Comprehensive Review of Mobile Banking and Financial Services

by MoneyLion

4.8
IOSFinance
MoneyLion combines mobile banking with instant cash advances and rewards programs. The app targets users seeking financial flexibility through early direct deposit access, automated loan repayment, and cashback incentives.

Detailed Review

MoneyLion positions itself as an all-in-one financial platform that merges traditional banking services with emergency lending facilities through its RoarMoney banking account. The app operates primarily through iOS devices and has maintained a notably high user rating of 4.76 out of 5 stars, indicating strong market acceptance among its user base. The core functionality centers around RoarMoney banking, which offers early direct deposit access (up to two days sooner than traditional banks), round-up investment features, and qualifying cash advances up to $1,000. The platform integrates cashback rewards through its MoneyLion WOW program, creating a multifaceted financial ecosystem that addresses both everyday banking and short-term liquidity needs. All services are accessible through a single interface with real-time transaction processing. User experience demonstrates efficiency in critical financial operations, with multiple reviewers noting sub-10-minute application processes and same-day funding availability. The interface organizes banking, lending, and rewards into distinct but interconnected sections, allowing users to monitor their financial status holistically. Automated repayment systems for cash advances appear particularly well-implemented, reducing user anxiety about missed payments. User feedback consistently highlights reliability during financial shortfalls, with Shae Janae (September 6, 2025) noting the convenience during bill payment periods and xxllwill (September 6, 2025) emphasizing the remarkably fast funding process. Multiple reviews specifically praise the non-aggressive repayment approach, with Nika TAC (September 6, 2025) appreciating the patient collection methodology. These patterns suggest the app successfully addresses pain points in short-term lending. While the app excels in accessibility and speed, potential limitations include possible fees associated with certain cash advance tiers and the necessity of qualifying direct deposits for maximum benefits. The platform appears most valuable for users with consistent income streams experiencing temporary cash flow gaps, rather than those with unstable employment or severely compromised credit profiles.

Key Features

  • RoarMoney banking provides early direct deposit access up to two days sooner than traditional banks, improving cash flow management
  • Instant cash advances up to $1,000 offer emergency funding with automated repayment through connected banking accounts
  • Round-up investment feature automatically invests spare change from transactions into designated investment accounts
  • MoneyLion WOW program delivers cashback rewards across spending categories, providing additional income streams
  • Integrated financial dashboard displays banking, lending, and investment activities through a unified interface
  • Automated repayment system for cash advances deducts amounts due without requiring manual intervention

Why Users Love It

Rapid funding availability
Automated repayment system

Perfect for: Users with regular income needing short-term liquidity solutions

Ranking History

Track MoneyLion: Banking & Cash Back's performance in Finance over the last 30 days

Top 5
Top 10
Top 15
Below 15

Current Rank

#43

8 from last week

Best Rank

#32

All-time high

Average Rank

#38

30-day average

User Reviews

Pussa’
Sep 1, 2025

Helpful tool to get you through until your pay. Also been able to defer when your check isn’t looking quite right and you need a little more time. Definitely a help! Grateful for this app Helpful tool to get you through until your pay. Also been able to defer when your check isn’t looking quite right and you need a little more time. Definitely a help!

Nika TAC
Sep 6, 2025

MoneyLion is Awesome for the simple fact that they waited patiently for their repayment and didn’t harass anyone for the payment. I thank you for your patience and service. Swag ML MoneyLion is Awesome for the simple fact that they waited patiently for their repayment and didn’t harass anyone for the payment. I thank you for your patience and service.

Shae Janae
Sep 6, 2025

MoneyLion is very convenient when I’m short on cash from paying all my bills. I love how ML instantly sends the money to your account and automatically takes it when it’s time to pay it back! Thank you so much! Love it MoneyLion is very convenient when I’m short on cash from paying all my bills. I love how ML instantly sends the money to your account and automatically takes it when it’s time to pay it back! Thank you so much!

xxllwill
Sep 6, 2025

Application process took under 10 minutes: filled out a simple form, linked my banking info, and completed the verification steps. Got my approval notification, requested the amount I needed and it hit my account within minutes—same day—which was a Saturday evening. I’m impressed Easy and Fast! Application process took under 10 minutes: filled out a simple form, linked my banking info, and completed the verification steps. Got my approval notification, requested the amount I needed and it hit my account within minutes—same day—which was a Saturday evening. I’m impressed

Pen&BensMama
Sep 1, 2025

Love MoneyLion. It's the best app out of all the cash advance/loan/credit builder apps out there. It's helped me in tough times with the instacash (advance) & with the credit builder loan I was able to increase my credit score 36 points in a matter of a month. It really is the go to app for games prizes loans credit building and community. If you're looking for an all in one this is the app! I thought the 19.99 a month for the subscription to rebuild credit and increase the amount you can borrow every month was a little steep but when it's increasing your credit score as well as helping you get to your next paycheck it's worth it in the end. Thank you MoneyLion for having my back when I needed help the most. 🙏🏽 Loving MoneyLion! Love MoneyLion. It's the best app out of all the cash advance/loan/credit builder apps out there. It's helped me in tough times with the instacash (advance) & with the credit builder loan I was able to increase my credit score 36 points in a matter of a month. It really is the go to app for games prizes loans credit building and community. If you're looking for an all in one this is the app! I thought the 19.99 a month for the subscription to rebuild credit and increase the amount you can borrow every month was a little steep but when it's increasing your credit score as well as helping you get to your next paycheck it's worth it in the end. Thank you MoneyLion for having my back when I needed help the most. 🙏🏽

App Details

Developer

MoneyLion

Platform

ios

Rating

4.8

Last Updated

10/7/2025