MoneyLion Instacash^SM Terms and Conditions 

Updated as of March 2025

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the MoneyLion Terms of Service.

The following terms and conditions (the “Instacash Terms”) apply to your use of MoneyLion’s Instacash advance service (“Instacash”) offered by ML Plus LLC (“MoneyLion”). By agreeing to these Instacash Terms, you acknowledge that you have read and agree to be bound by these Instacash Terms. If you do not agree with these Instacash Terms, do not access or use Instacash. There is no commitment to using Instacash; you can stop using Instacash at any time simply by not requesting any further Instacash Advances (as defined below).

INSTACASH IS NOT A LOAN.  MONEYLION IS NOT LENDING YOU MONEY IN CONNECTION WITH THE INSTACASH SERVICE.  THERE IS NO OBLIGATION TO REPAY AN INSTACASH ADVANCE. FOR MORE INFORMATION, PLEASE SEE SECTION 8 BELOW.

These Instacash Terms are in addition to other agreements you may enter into with MoneyLion, its third-party partners and its service providers, including, but not limited to, any payment authorizations you choose to execute in connection with requesting an Instacash Advance, the MoneyLion Terms of Service, the Privacy Policy, and, if you are a member of any of MoneyLion’s membership programs (a “MoneyLion Member”), your applicable membership agreement. These Instacash Terms shall supersede any other terms or conditions or any other agreements that govern your use of Instacash, including any that may be contrary to or inconsistent with these Instacash Terms. You understand that Instacash is a “Service” under the MoneyLion Terms of Service and is subject to all relevant provisions thereof, including but not limited to, the Disclaimer of Warranties, Indemnification and Limitation of Liability clauses. MOREOVER, YOU ACKNOWLEDGE THAT, UNLESS YOU HAVE OPTED OUT, THE AGREEMENT FOR RESOLVING DISPUTES (WHICH INCLUDES AN ARBITRATION PROVISION) TO WHICH YOU ARE ALREADY A PARTY EXTENDS TO THESE INSTACASH TERMS, AND THE DEFINITION OF “CLAIM” INCLUDES ANY DISPUTE ARISING OUT OF OR RELATED TO THESE INSTACASH TERMS OR THE ACTIVITIES OR RELATIONSHIPS THAT INVOLVE, LEAD TO, OR RESULT FROM THESE INSTACASH TERMS.

These Instacash Terms are subject to change or cancellation from time to time, including by adding, deleting or modifying terms, for any or no reason, in MoneyLion’s sole discretion, and will be effective when posted on the MoneyLion Platform or any other customer dashboard. MoneyLion will provide notice of changes to these Instacash Terms as and if required by applicable law. Your continued use of Instacash following any changes to these Instacash Terms will constitute your agreement to and acceptance of any changes.

1. Receiving an Instacash Advance. Instacash provides cash advance(s) to you from time to time, in MoneyLion’s sole discretion, based on your anticipated recurring direct deposits (each such advance, an “Instacash Advance”). The amount of each Instacash Advance you may be eligible for is based on factors described in Section 3 below. 
   
   In order to receive an Instacash Advance, you are required to maintain either (1) a RoarMoney Demand Deposit Account (“RoarMoney Account”) at Pathward, N.A., Member FDIC (“Bank”) or (2) link an external eligible bank account (“Linked Account”) and associated debit card (“Bank Card”) to your Instacash account (any such Linked Account, together with your RoarMoney Account, are each referred to as an “Eligible Account”). At your election, any Instacash Advance(s) disbursed to you will be deposited into your RoarMoney Account, sent to your Linked Account, or funded to your Bank Card. You may obtain an Instacash Advance multiple times during your regular deposit period, up to the amount of your Instacash Advance limit.
   
   
2. Eligibility. You can access Instacash through the Site or the MoneyLion App.  To be eligible for Instacash, you must (a) be a registered MoneyLion user, (b) satisfy the eligibility requirements provided in the MoneyLion Terms of Service to be a MoneyLion user, including residency and age of majority requirements, (c) have passed our identity verification checks, and (d) satisfy each of the eligibility criteria listed below:

• You must be a MoneyLion user in good standing. For existing Instacash users, this means that any and all of your previous Instacash Advances have been repaid and you have paid any and all Turbo Fees (as this term is defined below) associated with any previous Instacash Advances.

• MoneyLion must be able to detect Eligible Direct Deposits into an Eligible Account. “Eligible Direct Deposits” means a recurring direct deposit of your wages, compensation, or other income, including where you are acting as an independent contractor. It may take up to three (3) consecutive deposits from one employer (or another business or person who is obligated to pay your wages, compensation, or other income) into the Eligible Account for MoneyLion to detect it as recurring. Certain deposits do not qualify as Eligible Direct Deposits for Instacash, including:

• irregular cash deposits; 
• transfers from other bank accounts; 
• mobile wallet and peer-to-peer transfer applications (e.g., via PayPal, Venmo, Zelle, Square, etc.); 
• mobile deposits; 
• ATM deposits; or 
• other deposits as determined by MoneyLion in its sole discretion.

MoneyLion may, in its sole discretion, choose to provide you an Instacash Advance before the Eligible Direct Deposits are detected, but choosing to do so shall not constitute a permanent waiver of this eligibility requirement.

Subject to applicable law, MoneyLion reserves the right to delay, decline or cancel any Instacash Advance request for any reason and without notice to you. However, MoneyLion will not decline any request for an Instacash Advance solely on the basis of any factor relating to Tips or Turbo Fees (including your decision on whether to give a Tip (as defined below) or how much to Tip, or whether you choose to incur a Turbo Fee (as defined below) for expedited services).

3. Available Instacash Advance Limit. Your available Instacash Advance limit will be displayed to you through your Instacash dashboard on the Site or in the MoneyLion App and will be based on factors as determined by MoneyLion from time to time. These factors include the amount and timing of your Eligible Direct Deposits, MoneyLion’s evaluation of your account transaction history, and other information you provide to us. MoneyLion reserves the right to adjust your Instacash Advance limit and our eligibility criteria at any time. Any change in your eligibility or available Instacash limit will be displayed to you through your Instacash dashboard on the Site or in the MoneyLion App.
   
   MoneyLion also offers higher Instacash Advance limits to users who are MoneyLion Members or who maintain Eligible Direct Deposits into their RoarMoney Accounts. You may also be eligible for various Boosts that may temporarily increase your Instacash Advance limit (see Section 4 below). The Instacash Advance limit will not exceed 50% of the Eligible Direct Deposits that MoneyLion anticipates you will receive during each regular deposit period. Please also see the Frequently Asked Questions on help.moneylion.com for additional details about Instacash Advance limits.
   
   
4. Instacash Boosts. From time to time, MoneyLion may offer bonuses, credits, incentives, or other promotions that may boost your Instacash Advance limit either permanently or for a certain period of time (such increases, “Boosts”). Such promotions may be governed by terms that are separate from these Instacash Terms and may require completion of certain actions within the Site or the MoneyLion App, e.g., making a certain number of Instacash repayments by  scheduled repayment dates. To participate in any such promotions, please read any additional terms and conditions, or disclosures, carefully.
   
   
5. Instacash Advance Disbursement Limit. Instacash is designed to help users access funds to smooth out cash flow and cover unexpected expenses and is not meant to be a way to fund larger expenses. As a result, in addition to an Instacash Advance limit for each regular deposit period, a user must take out Instacash Advances in predetermined disbursement increments (“Disbursement Limit”). Your Disbursement Limit will be shown to you at the time you initiate an Instacash Advance. If your Disbursement Limit is lower than your Instacash Advance limit, then you may obtain multiple Instacash Advances up to your Instacash Advance limit per regular deposit period. For example, if your Instacash Advance limit is $200, and your Disbursement Limit is $100, you can only request up to $100 at a time, but you can take out two separate $100 Instacash Advances in your regular direct deposit period. 
   
   
6. Optional Tipping. At the time that you initiate an Instacash Advance, you may choose to give MoneyLion an amount in appreciation of its service (a “Tip”). Tips are completely voluntary, and whether or not you choose to leave a Tip and how much you choose to give do not impact your eligibility for any future Instacash Advance(s) or your Instacash Advance limit or your eligibility for other products and services offered by MoneyLion. Any Tip(s) you choose to give will be paid to MoneyLion if and when you repay the Instacash Advance for which you gave a Tip. Tips are non-refundable once paid, and the amount you choose to tip cannot be changed following payment.
   
   
7. Expedited Disbursements. Generally, receiving an Instacash Advance is processed at no additional cost to you, and the funds from an Instacash Advance will typically be available in your Eligible Account or on your Bank Card between one (1) and five (5) business days from the date of your request. Funds disbursed to your RoarMoney Account will usually take a shorter period of time than disbursements to an external Linked Account or Bank Card. For an additional fee (“Turbo Fee”), you have the option to request expedited disbursements to your Eligible Account or Bank Card. Expedited disbursements are typically sent within minutes of your approval, but may take up to an hour. Turbo Fee amounts can be found at www,moneylion.com/pricing and will be displayed to you in the Instacash dashboard at the time you request an Instacash Advance. Any Turbo Fee you incur will be paid if and when you repay the Instacash Advance.
   
   MoneyLion and its third-party partners, including Bank, do not guarantee the timing of receipt of any disbursed funds and do not accept responsibility for any delay in your receipt of those funds. To the extent permitted by applicable laws, you agree to waive any claims, damages, or actions, including attorneys’ fees, against MoneyLion, Bank or any other third-party partner of MoneyLion, arising out of or relating to any delay to promptly send or receive such amounts. If you have opted for an expedited disbursement, your sole remedy for any delay will be the reimbursement of the Turbo Fee.
   
   
8. NO OBLIGATION TO REPAY AN INSTACASH ADVANCE. THERE IS NO OBLIGATION TO REPAY AN INSTACASH ADVANCE; however, you will not be eligible for any further Instacash Advance(s) until any and all of your previous Instacash Advances have been repaid in full and you have paid any and all Turbo Fees associated with any previous Instacash Advances.
   
   MoneyLion warrants that it has no legal or contractual claim against you based on your failure to repay in full an Instacash Advance, including any Turbo Fees and Tips associated with any Instacash Advance. MoneyLion will not (a) engage in any debt collection activities relating to any unpaid portion of any Instacash Advance or any unpaid Turbo Fees or Tips, (b) place the unpaid portion of any Instacash Advance or any unpaid Turbo Fees or Tips as a debt with, or sell the unpaid portion of any Instacash Advance or any unpaid Turbo Fees or Tips to, a third party, or (c) report to a consumer reporting agency concerning an Instacash Advance. However, MoneyLion will not provide you with further Instacash Advances while any portion of an Instacash Advance remains unpaid past your scheduled repayment date. Notwithstanding the foregoing, MoneyLion does not waive any rights it may have with respect to any fraudulent activity.
   
   
9. Authorization for Crediting and Debiting Accounts. 

• Crediting Transactions. When you initiate an Instacash Advance, you authorize MoneyLion to disburse the amount of the Instacash Advance to the Eligible Account or Bank Card you have selected. If any credit was made wholly or partially in error, you authorize MoneyLion to correct the error by making a corrective credit or debit transaction.

• Authorized Payment Method. If you choose to repay your Instacash Advance, you may repay by authorizing us to (1) charge your Bank Card; and/or (2) initiate an electronic fund transfer from your Eligible Account(s). This can be done by pre-authorizing automatic payments to be made on or after your scheduled repayment date pursuant to your primary payment authorization, or by making a one-time repayment by following the prompts on the Site or the MoneyLion App. Any payment authorizations you choose to sign are incorporated by reference into these Instacash Terms as if they are set forth in full here.

• Backup Payment Methods. You may also add payment methods through other parts of the MoneyLion App, including to the “Wallet” screen of the MoneyLion App. If you have designated any of these other payment methods as backup payment methods for Instacash Advances by signing  backup payment authorizations, then, if on the scheduled repayment date, the balance in your authorized Eligible Account(s) and/or Bank Card is less than the amount to be repaid, you authorize MoneyLion or its agents to debit your backup payment method for the remaining amount to be repaid, up to the balance in that payment method, pursuant to the terms of your backup payment authorization.

• Scheduled Repayment Date. The scheduled repayment date for each Instacash Advance will be disclosed to you when you initiate an Instacash Advance. The scheduled repayment date will generally be aligned with your regular direct deposit date, as determined by MoneyLion. However, MoneyLion may, in its sole discretion, schedule a repayment date that does not align with your regular direct deposit date, depending on the circumstances of your Instacash Advance request. For example, if the Instacash Advance is requested on a date that is too close to your regular direct deposit date, MoneyLion may schedule a repayment date after your regular direct deposit date to give you enough time to receive and use your funds. If you have initiated two Instacash Advances in the same direct deposit period, you may even have two scheduled repayment dates. If MoneyLion cannot predict an upcoming deposit date, your scheduled repayment date may be set to the second Friday following the day you initiated the Instacash Advance.

• Revoking Payment Authorization. You may withdraw your pre-authorized automatic payment authorizations before the scheduled repayment date by following the instructions in your signed payment authorization(s). You agree to notify MoneyLion in time for us to have a reasonable opportunity to act upon your request, typically (3) business days (business days are Mondays through Fridays, excluding bank holidays).
  

10. Consent to Use Financial Data.  You understand and agree that our ability to provide Instacash relies on the consent to collect and use your Account Data (as defined in the MoneyLion Terms of Service) that you provided when you agreed to  the MoneyLion Terms of Service, and that we use your Account Data in order to determine your eligibility for the Instacash service and to operate, provide, administer, develop and improve the Instacash service. You understand that you may follow the opt-out procedures described in the MoneyLion Terms of Service to revoke your authorization to MoneyLion’s collection and use of your Account Data, and that, to the extent permitted by applicable law, any such revocation may impact your ability to access the Instacash Services. through Fridays, excluding bank holidays).
    
    
11. Miscellaneous.
    
    Breach of these Instacash Terms. The Instacash service is for personal, family and household use only. MoneyLion can immediately suspend or disqualify you from using Instacash, in whole or in part, at any time and for any reason. MoneyLion will suspend or disqualify you from using Instacash if you (1) violate these Instacash Terms, or any other agreements governing your use of MoneyLion products or services, (2) engage in fraud or suspected fraud or misuse, or game Instacash, or (3) take another similar action, as determined by MoneyLion in its sole discretion. If MoneyLion suspends or disqualifies you from using Instacash, you will be unable to obtain any additional Instacash Advance(s), but you will not be obligated to repay any Instacash Advance(s) you have already obtained. You are responsible for all transactions and other activities relating to your use of Instacash.
    
    Assignment. We may, without notice to you, transfer or assign these Instacash Terms and all of our rights, title and interest hereunder to another entity. You may not assign, transfer, sublicense or otherwise delegate your rights or obligations under these Instacash Terms without MoneyLion’s prior written consent.
    
    Notices. All notices must be provided in writing to ML Plus LLC, P.O. Box 1547, Sandy, UT 84091-1547.
    
    Governing Law. These Instacash Terms (but not the Arbitration Provision in the Agreement for Resolving Disputes) shall be governed by the substantive laws of your state of residence without regard to its conflicts of law provisions.
    
    
12. Notice to South Carolina Residents.  If you are a user in South Carolina and have a complaint, you may contact the South Carolina Department of Consumer Affairs at https://consumer.sc.gov/ or by phone at 803-734-4200.