What is Cash Advance and how does it work?

When you have a sudden expense, but payday is not around the corner, Pockit is here to help!

You can get an instant advance of up to £200 straight into your Pockit account without a hard credit check. A soft credit check may be conducted which does not affect your credit score.

Important note: Cash Advance is powered by SteadyPay LTD, this is subject to eligibility and affordability checks run by SteadyPay.

Pockit cannot guarantee you will be accepted for Cash Advance payments.

Here’s how it works:

1. Receive salary or benefit. Receive your salary or benefit payments to your Pockit account for 3 months to unlock (min. £300 a month).

2. Use your Pockit card regularly

3. Unlock your £50 advance.

4. Get your £50 advance, anytime after 3 months of income payments. We’ll notify you when you are eligible.

5. Once you have repaid your £50 advance twice, you may qualify for a £100 advance.

6. Once you have repaid your £100 advance twice, you may qualify for a £200 advance.

If you are eligible for Cash Advance you will see a banner message appear in your online account, if you do not see this banner message you are not currently eligible for Cash Advance.

Cash Advance is provided by our partner SteadyPay Ltd and is not in any way is connected to your employer.