Is Beem Legit? The Complete 2025 Review of Beem Everdraft™ Instant Cash

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Cash advance

• Quick cash advances
• No credit checks
• No interest
• Responsible user rewards

• Low advance limits for some plans
• High fees compared to similar apps
• Poor customer reviews

Funding	Up to $1,000, depending on plan
Speed of advance	1 – 20 minutes
Fees	$1 – $4

Beem is a personal finance app that markets itself as an all-in-one solution for payment management, budgeting, and credit monitoring. One of its core features is Everdraft™, a cash advance tool giving users early access to a portion of their paycheck to avoid high-interest payday loans or overdraft fees.

Is Beem legit? While the app looks promising, reviews are mixed. Alongside feedback from satisfied users, we saw many complaints about delayed transfers, technical difficulties, and unreliable customer service. If you decide to give Beem a shot, we advise you to proceed with caution and read the fine print.

Table of Contents

1. How Beem Everdraft™ works
   1. Fee structure
   2. Instant money transfers
   3. Savings account
   4. Beem Boost
   5. Job loss protection
2. What we like about Beem (and what it could improve)
3. Beem customer reviews
4. Alternatives to Beem
   1. Beem vs. EarnIn
   2. Beem vs. Dave
5. Should you try Beem?

How Beem Everdraft™ works

Qualifying Beem users can withdraw up to $1,000 of confirmed bank deposits early and automatically repay when the deposit arrives.

According to the app’s Pricing page, fund withdrawal may involve an additional small fee on top of the subscription costs (somewhere in the ballpark of $1 to $4). Beem runs no credit checks, charges no interest or late fees, and doesn’t set fixed repayment dates. The service approves you based on bank verification.

Once approved, most users receive their funds within 20 minutes, Beem states on its website.

Beem’s fee structure

Here’s a basic breakdown of the Beem Pass plans:

Plan	Lite	Basic	Plus	Pro
Cost/mo.	$0.99	$2.47	$5.97	$12.97
Cost/yr.	$9.99	$24.99	$49.99	$99.99
Advance amount	$10	<$50	<$100	<$1K
Job loss & disability	✖️	✖️	<$500	<$1K
Credit monitoring	✖️	✅	✅	✅
ID theft protection	✖️	✅	✅	✅

Beem’s flagship feature (“access up to $1,000”) is actually only available to Pro users, as is the full extent of job loss protection. The annual $99.99 cost seems like a steep price for an advance you may or may not need.

A credit card with a $0 annual fee and a small emergency fund would probably be more cost-effective, but Beem Pro may appeal to those who need fast funds and can’t pass credit checks.

Instant money transfers

Beem is a handy tool to send money instantly, even to people without a bank account. You can also use it to send prepaid cards, gift cards, and checks.

Beem’s peer-to-peer payment system includes the Send Now, Pay Later™ feature, essentially using your advance balance to send cash to someone, even if they aren’t a Beem user. Beem will automatically deduct the amount when you have a sufficient balance, usually around payday.

Savings account

Regardless of your plan tier, you can earn up to 5.00% APY using Beem’s high-yield, FDIC-insured savings account, with no minimums or hidden fees.

Beem Boost

Beem Boost is a feature that lets you access a larger cash advance based on your financial history. You may unlock a higher advance limit if you avoid overdrafts, pay on time, spend responsibly, and maintain your linked bank account in good standing.

Job loss protection

Beem’s Job Loss Protection is a short-term financial safety net for users dealing with job loss or disability. If you lose your job under qualifying conditions, or can’t work for at least 30 days because of injury or illness, Beem may grant up to $1,000 toward your Everdraft™ balance. This is a benefit provided through TruStage’s Payment Guard Insurance.

The benefit amount depends on the subscription tier: only Pro users would be eligible for $1,000, while Plus users may collect up to $500. To qualify, you must subscribe to Beem at least 30 days before the job loss or disability.

What we like about Beem (and what it could improve)

Beem is a quick, flexible tool for tapping into emergency funds when you’re in a short-term bind. It offers:

• Fast access to cash based on verified deposits
• No credit checks or interest
• An intuitive, user-friendly interface
• A range of useful personal finance features
• Rewards for responsible financial management

However, we also note Beem’s:

• Low advance limits (the maximum is $1,000, and many users qualify for much less)
• Poor user reviews that often mention inadequate customer support

What users say about Beem

Although Beem is an A+ BBB-accredited business, its TrustPilot rating is 1.8 (out of 43 reviews), with an overwhelming majority of 1-star reviews.

Some reviewers bring up repeated concerns, like issues with canceling subscriptions. For example, Christopher writes,

If you opt into the subscription, you’ll have to close your bank account to make it stop.

—Beem Trustpilot review

Similarly, Jose says,

[The] company makes it nearly impossible to cancel their subscription, and continued to try and draw fees from my account.

—Beem Trustpilot review

What’s more, we’ve seen no responses to these complaints from Beem, which suggests a troubling lack of care about customer experiences.

Alternatives to Beem

Considering Beem’s shaky reputation, you might want to look into alternatives for quick cash advances. Apps like EarnIn and Dave offer similar features and boast far better ratings.  

Beem vs. EarnIn

Similarly to Beem, EarnIn offers a cash advance with no credit checks or interest. However, unlike Beem, EarnIn doesn’t lock you into a monthly subscription model: it operates based on voluntary tips and fees for optional faster transfers. EarnIn also allows you to receive your paycheck up to two days earlier. It showcases an overwhelmingly positive user experience with a 4.7 TrustPilot rating.

Beem vs. Dave

Dave is likewise among Beem’s strongest competitors, with a solid 4.4 score on Google Play based on over 550K ratings. Its users pay a flat membership fee of $1, with additional fees for some extra services. Dave offers a cash advance of up to $500, early paycheck access, and cool features like in-app side hustles.

Should you try Beem?

While Beem might work for you if you don’t mind paying a $99.99 annual fee to access a larger advance up to $1,000, you’ll likely find better value with EarnIn (which doesn’t charge subscription fees) or Dave. However, a more sustainable solution would be building an emergency fund so you don’t have to rely on advances and deplete your income before it rolls in.

As always, when considering a personal finance company, do your homework. Study the terms, compare competing apps, and look into reviews from real users.