Beem App Review: High Max But Questionable Cash Advances

Is Beem legit?

It’s hard to say if Beem is a legit app, but all signs point to… probably not. People have gotten advances from it — although they all seem well under $100, a far cry from the possible $1,000 it advertises. But the volume of negative complaints and the very specific nature of these grievances make it difficult to recommend rolling the dice on this cash advance app.

Where Beem falls short

One of the most common complaints against Beem is the difficulty in canceling your subscription. Numerous users say they tried to call or email to cancel, even with customer service help, and they kept getting charged — sometimes for months.

Or, if this caused their accounts to be overdrawn, customers incurred late fees from Beem on top of overdraft fees from their banks. Furthermore, if efforts to cancel their subscriptions failed and they kept getting charged, Beem would refuse to close their account until users paid in full, exacerbating the problem for financially strapped users.

In a related vein, when you download the Beem app and look into its Everdraft feature, users say you’ll be given an amount you’re eligible for — but you have to subscribe to its Plus or Pro plan first. Then, once you’ve paid the subscription fee, you’re suddenly not eligible to borrow at all or only for a lower amount. For this reason, among others, many customers sought to cancel.

It’s also not very transparent on its website. It says it doesn’t charge late fees — and it’s true that it doesn’t charge late fees on advances — but it does charge $5 if your subscription payment is late. Beem also promotes “instant cash,” but the fine print reveals that you should get the money within eight hours. If you need the cash to buy gas and get to work, for example, waiting hours — and paying extra — may not be of much value.

What makes Beem shine?

If it’s actually possible to get $1,000, this size of advance is much bigger than most apps offer. But is that just a draw to lure people in? It might be.

After reading through hundreds of reviews — although not every single one — there was no mention of getting an advance of that size. You may want to do a little extra research and consider another app instead.

Beem product details

Beem contact info

How to qualify for Beem

Beem doesn’t offer much information regarding the qualifications needed to qualify, but it reveals some criteria. You must:

• Be 18 and a resident of the US or one of its territories
• Have a bank account
• Have a Social Security number
• Have a valid email address
• Have a photo ID

Beem heavily promotes that it doesn’t have income restrictions to qualify. However, based on reviews of users being ineligible to get advances, it would suggest that there are undisclosed minimum income or deposit requirements. If this could be an issue for you, other apps with no direct deposit requirements are available.

Other features

Beem has numerous other features through its app, many of which may cost extra. Features it claims to offer include:

• Credit monitoring and credit building
• Send and receive money with friends
• Cheap tax filing
• Financial and budgeting insights
• Identity theft insurance
• Job loss and disability protection
• Access to personal loan offers

Beem reviews and complaints

Nearly all the sites we looked at had overwhelmingly negative reviews of the Beem cash advance app. Common complaints include having trouble canceling subscriptions, being charged even after canceling and incurring late fees and overdraft fees as a result.

Others say the app is glitchy, freezes frequently and often just doesn’t work at all. Yet, despite these issues, the provider repeatedly denied requests for refunds.

There were some positive reviews — particularly on the Apple App Store — but by and large, these testimonials were lengthy and convoluted and just didn’t ring true.

What are people on Reddit saying?

There aren’t a lot of Redditors discussing the Beem app — especially compared to many other cash advance apps. When it does come up, a couple comment that it’s a scam, and one posted a screenshot of several positive reviews that all used the same wording.

Compare Beem to other apps

If you decide Beem isn’t the way to go, consider these other cash advance apps instead.

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Updated regularly

Name	Product USFSL	Filter Values	Loan amount	Turnaround time	Requirements
Cleo Finder Score: 4.1 / 5: ★★★★★ Cleo Finder Score: 4.1 / 5: ★★★★★			Up to $250	3 to 4 days or instant for a fee.	Not stated	Automatically monitor your spending plus access cash advances up to $100 at a time.	Go to siteMore Info Compare	loading Fetching your data...
Chime SpotMe® Finder Score: 4.2 / 5: ★★★★★ Chime SpotMe® Finder Score: 4.2 / 5: ★★★★★			Up to $200	Instant	Qualifying $200 direct deposits into Chime checking account each month. Chime debit or Credit Builder card.	Access fee-free overdrafts up to $200 when eligible. Plus get your paycheck up to 2 days early with direct deposit. See Chime terms and conditions.	Go to siteMore Info Compare	loading Fetching your data...
EarnIn Finder Score: 4.7 / 5: ★★★★★ EarnIn Finder Score: 4.7 / 5: ★★★★★			Up to $750 per pay period, but only $150 per day	1 to 3 business days or instant for a fee	Direct deposit sent to a checking account, a regular pay schedule, a fixed work location or an online timekeeping system at work	No mandatory fees, no interest and no credit checks. Subject to EarnIn terms & conditions.	Go to siteMore Info Compare	loading Fetching your data...
OppLoans Installment Loans Finder Score: 4.7 / 5: ★★★★★ OppLoans Installment Loans Finder Score: 4.7 / 5: ★★★★★			$500 to $4,000	As soon as the same business day	+18 years old, Receive paychecks through direct deposit, $1,500 minimum monthly income, Live in eligible state	Comes with the option to change your due date so you won’t fall behind on repayments.	Go to siteMore Info Compare	loading Fetching your data...
Sorbet Not rated yet Sorbet Not rated yet			Based partially on the amount of your accrued & unused PTO	Up to 5 business days for approval and 5 business days for funding, or faster for a fee	18 years old or age of majority in your home state, annual income $30,000 a year, proof of income may be required, have a bank account supported by Sorbet	Tap your unused PTO for a cash advance so you can access that money early. Loans made by Lead Bank. Select Go to site for more info.	Go to siteMore Info Compare	loading Fetching your data...
Dave ExtraCash Finder Score: 4.2 / 5: ★★★★★ Dave ExtraCash Finder Score: 4.2 / 5: ★★★★★			Up to $500	Up to 3 business days or instant for a fee	At least two direct deposit paychecks to your bank account from your employer, extra money in your bank account	Borrow up to $100 to avoid hefty overdraft fees.	Go to siteMore Info Compare	loading Fetching your data...
Wisely Not rated yet Wisely Not rated yet			Undisclosed, based on earned wages	Instant to Wisely card		Go to site Compare	loading Fetching your data...

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Frequently asked questions

Is Beem a safe app?

Beem may not be a very safe app to use. You have to link your bank account to get advances, but if you have problems with the app and try to cancel it, Beem may continue to withdraw your subscription fees. And, based on numerous reviews, it can be difficult to cancel your subscription. Plus, if you don’t have enough money to cover the fees, you may also accrue late fees, putting you deeper into debt.

How long does Beem take to approve?

Beem doesn’t specifically state how long it takes to get approved, but user reviews suggest it can take at least a couple of days. Others say it can take weeks or months, or you may never get approved.