1. Eligibility for Advances
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Blink provides cash advances of $200 to eligible users. The advance amount is fixed and comes with two fee options: Instant funding for $24.99 (funds arrive in minutes) or Standard funding for $19.99 (funds arrive in 1-3 business days). Users who select a 7-day repayment timeframe receive a 10% discount on their Blink velocity fee.
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Not every user automatically qualifies; approval depends on bank account data, transaction history, and other factors in Blink's risk model.
2. Types of Advances
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Instant Advance ⚡: Funds arrive in minutes to your linked bank account, with a flat fee of $24.99.
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Standard Advance ⏳: Funds arrive in 1–3 business days via ACH, with a flat fee of $19.99.
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Early Repayment Discount 💰: Get 10% off fees by choosing 7-day repayment.
3. Usage of Advances
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You can use Blink's cash advances for personal or household needs—no restrictions on spending.
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Funds are transferred directly to your bank account (minus any applicable transfer fees for Instant or Standard).
4. Requirement to Unlock a Cash Advance
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Bank Account Linking: You must connect your primary checking account through our Open Banking integration (Plaid). This ensures Blink can verify your transaction history and account details.
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One Active Advance Only: You cannot have multiple advances at once. If you already have an outstanding advance, you must repay before requesting a new one.
5. Debit Card Link Requirement
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For Instant funding, link a debit card associated with your bank account.
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Blink verifies your debit card to enable quick disbursements; verification is typically instant, but can take up to 4 business days if your bank has additional checks.
6. Transferring Cash Advance to Your Bank
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Instant Transfer (via debit card) takes minutes, Standard Transfer (via ACH) takes 1–3 business days.
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No Extra Cost beyond the flat fee: There are no hidden or additional transaction fees.
7. Advance Reassessment
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Once you repay your existing Blink (plus any applicable fee) or if 31 days pass without using it, your advance eligibility will be re-reviewed.
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This reassessment can lead to increased (or decreased) amounts based on updated bank account and spending patterns.
8. Point System
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Users earn Blinks (Blink Points) by completing various in-app tasks (e.g., referring friends, connecting multiple bank accounts, or attending finance webinars).
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These Blinks can be converted into credits toward your advance fee or other Blink-related perks. 🏆
Additional Important Notes
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Automatic Repayment: By using Blink, you agree to have the advance + fee automatically debited from your bank account on your chosen repayment date (within 31 days).
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Overdraft Disclosures: If your account doesn't have enough funds on repayment day, you may incur overdraft or NSF fees from your bank. Blink is not responsible for these charges.
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No Interest, Flat Fees Only: Blink charges a fixed fee (Instant or Standard). However, some states may consider these fees as finance charges, so your actual APR could be high if calculated using standard lending formulas.
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Compliance: Currently, Blink is focused on operating within Florida. State lending laws may require specific disclosures or licenses, and Blink strives to comply with all applicable regulations.