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Before you get to the tip screen, it’s worth exploring alternatives to borrowing, including options with lower or no fees and those that can help you build credit.
If a cash advance app is your best option, it may be time to develop your tipping philosophy. Rouse says app users shouldn’t feel pressure to volunteer money like they do in a restaurant.
“My best advice would be to use your own discretion, but at the same time, don’t feel obligated to tip,” she says. “When you order food or something, I think that those tips are important, but with an app like this, I don’t think it’s important because they’re making their money regardless.” -
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“People may think that they have to tip to get the loan; they may think they won’t be able to borrow in the future if they don’t tip enough,” Saunders says. The apps "play on the psychology of ‘what will happen if I don’t tip?’”
Many apps’ terms and conditions say tipping isn’t a factor in determining eligibility or advance amount.
The extra few dollars users add before getting a cash advance mostly contribute to a company’s bottom line. The California DFPI’s report found that tips generated about $17.6 million in revenue in 2021 across three tip-based apps.
Currently, cash advance apps aren’t considered lenders in most states, so they don’t have to adhere to many state and federal lending laws. The Consumer Financial Protection Bureau is expected to release guidance in the coming months about whether cash advances from an app can be considered credit. -
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Tipping is a squishy subject for Americans — it's not always clear when you should tip or how much. It often comes down to your personal philosophy.
According to a November 2023 survey from the nonpartisan Pew Research Center, 92% of adults who eat at sit-down restaurants say they always or frequently tip for the service. More than 70% say they tip for services such as a haircut and also for food delivery.
Tips are often provided in the context of person-to-person interactions. Someone brings your dinner, does your hair or serves your coffee, and you assume your tip goes directly to that person for their hard work.
With a cash advance app, it usually isn’t clear where the tip goes or whether it has an impact on the service, Saunders says.
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