Skip to main content

What is the Monese Cash Advance, and who is SteadyPay?

Written by Simona

If you have access to a Cash Advance through your Monese account, it was provided by SteadyPay — an FCA-regulated lender that has partnered with Monese to offer eligible customers access to short-term credit.

The Cash Advance works similarly to the Pockit product:

• Borrow money before your payday, and repay when your next salary arrives

• Repayments are collected automatically from your Monese account

No interest — you only repay what you borrowed plus an access fee

• Repayments are reported to credit reference agencies

For account, card, and general Monese queries, contact Monese support through your Monese app. For queries specifically about your Income Advance credit agreement, repayments, or if SteadyPay has contacted you, email [email protected].

Did this answer your question?