This page is not an official page of the app or its developer, but an independent editorial publication created for informational and commentary purposes. Unless expressly stated otherwise, neither the app nor its developer is affiliated with, endorsed by, sponsored by, authorized by, or otherwise officially connected with MWM, Apple, Google Play, the app publisher, or the app's developer, and nothing on this page implies that the app was developed using MWM's services. Any trademarks, logos, screenshots, and other content remain the property of their respective owners.

Step: All-In-One Money App

Financial control is now effortlessly yours.

Finance & Crypto ›

Key Figures

Downloads

5M+

User Rating

4.7/5

Total Ratings

80.5K

Publisher

Step Mobile Inc

An evaluation of Step's core offerings for financially conscious young users.

Key Financial Features Analysis

Free Credit Building

The app provides tools to build credit history from any age, helping users establish financial independence. Average users boost their credit score by 57 points in their first year.

High-Yield Savings Account

This tool features a competitive 3% interest rate on savings, which is FDIC-insured up to $1M, encouraging strong saving habits early in life.

Interest-Free Cash Advance (Step EarlyPay)

It allows users to access interest-free cash advances of $20-$250, providing quick financial relief when needed without traditional payday loan drawbacks.

Cashback Rewards

The app offers at least 1% cashback on all card purchases and up to 10% at rotating merchants, helping users get more value from their spending.

Earning Opportunities

This tool provides opportunities for users to earn over $200 monthly by engaging in activities like games and surveys, offering supplementary income streams.

Enhanced Security & Fraud Protection

The app ensures safety with built-in fraud protection and Visa’s Zero Liability Policy, offering peace of mind for users managing their money.

FAQ

Frequently Asked Questions

Everything you need to know about Step: All-In-One Money App

What is the maximum amount I can borrow with Step EarlyPay?

With Step EarlyPay, you can borrow between $20 and $250. To be eligible for loans over $100, a minimum qualifying direct deposit to your Step account is required.

Does Step EarlyPay charge interest on borrowed money?

No, Step EarlyPay does not charge interest on borrowed money. The app description clearly states "No interest" for these cash advances, providing stress-free access to funds.

How does Step help users build credit?

Step helps users build credit for free. The average Step user boosts their credit score by 57 points within their first year, based on analysis by TransUnion.

Can I earn cash using the Step app?

Yes, you can earn cash with the Step app by playing games and taking surveys. Users have the opportunity to earn over $200 per month through these activities.

What kind of cashback rewards does the Step Visa Card offer?

The Step Visa Card offers at least 1% cashback on every card purchase and up to 10% at rotating merchants. It provides bonus rewards at select partners.

What is the savings rate offered by Step?

Step offers a 3.00% annual percentage yield (APY) as a cash reward on your savings. This account is FDIC-insured up to $1 million.

Does Step charge hidden fees or require a security deposit?

No, Step does not charge a security deposit, interest, or hidden fees. The app explicitly states a policy of no hidden costs for its services.

Can I get my paycheck early with Step?

Yes, you can receive your paycheck up to two days earlier with Step. This feature is available when you set up direct deposit to your Step account.

Are funds held in the Step app FDIC insured?

Yes, funds held with Step are FDIC insured. Banking services are provided by Evolve Bank & Trust, a Member FDIC institution, ensuring coverage up to $1,000,000.

Which bank provides banking services for the Step app?

Evolve Bank & Trust, a Member FDIC institution, provides the banking services for the Step app. Step itself operates as a financial technology company.

Does Step EarlyPay require a credit check?

No, Step EarlyPay does not require a credit check. This allows users to access funds without the typical credit inquiry associated with traditional loans.

The following screenshots and description are sourced directly from the app's official store listing and are the property of the app developer.

App Store

Screenshots

Step: All-In-One Money App - Users can effectively monitor their financial health with a clear 732 credit score display and a visual graph tracking historical progress. — Users can effectively monitor their financial health with a clear 732 credit score display and a visual graph tracking historical progress.
Credit Building Progress

Step: All-In-One Money App - The app highlights the exclusive Step Visa card and showcases bonus rewards, including specific cashback percentages from popular merchants. — The app highlights the exclusive Step Visa card and showcases bonus rewards, including specific cashback percentages from popular merchants.
Rewarding Purchases

Step: All-In-One Money App - This tool clearly presents the total savings amount of $154.00 and promotes a competitive 3.00% earning rate, encouraging users to create financial goals. — This tool clearly presents the total savings amount of $154.00 and promotes a competitive 3.00% earning rate, encouraging users to create financial goals.
Boost Your Savings

Step: All-In-One Money App - The Step EarlyPay feature empowers users to borrow up to $250 through an intuitive slider and provides confirmation for immediate cash advances. — The Step EarlyPay feature empowers users to borrow up to $250 through an intuitive slider and provides confirmation for immediate cash advances.
Instant Cash Access

Step: All-In-One Money App - This section reveals diverse ways to earn, displaying a total balance of $232 and presenting options like playing games or completing surveys. — This section reveals diverse ways to earn, displaying a total balance of $232 and presenting options like playing games or completing surveys.
Engaging Earning Opportunities

Step: All-In-One Money App - Users can easily set up direct deposit to receive paychecks up to two days earlier and link external accounts for unified financial oversight. — Users can easily set up direct deposit to receive paychecks up to two days earlier and link external accounts for unified financial oversight.
Early Paycheck Delivery

Step: All-In-One Money App - The app prioritizes user safety with prominent FDIC insurance up to $1,000,000 and Visa's built-in fraud protection with zero liability. — The app prioritizes user safety with prominent FDIC insurance up to $1,000,000 and Visa's built-in fraud protection with zero liability.
Robust Security Measures

Step: All-In-One Money App - This detailed section offers full transparency through numbered disclosures, explaining important terms like loan eligibility and cashback mechanics. — This detailed section offers full transparency through numbered disclosures, explaining important terms like loan eligibility and cashback mechanics.
Clear Policy Overview

Description

Step is the ultimate money app to help you build credit, grow your savings, borrow money with no interest, and get cash back. Trusted by over 7 million users, Step puts more money in your pocket and helps you become more financially independent, giving you the freedom to chase your dreams. Why Step: BUILD CREDIT FOR FREE: The average Step user boosts their credit score by 57 points in their first year. CASHBACK ON EVERY PURCHASE: Get at least 1% cashback on every card purchase and up to 10% at rotating merchants. EARN 3% ON YOUR SAVINGS: Unlock one of the highest savings rates in the country, FDIC-insured up to $1M. EARN OVER $200/MONTH: Get paid to play games, take surveys, and more. GET UP TO $250 WITH STEP EARLYPAY: Don’t wait for payday. Get fast cash when you need it most. No interest. No stress. No direct deposit needed. Access between $20 - $250. More Reasons to Love Step: • Free credit building at any age • Step Visa Card accepted everywhere Visa is around the world • Safe and secure with built-in fraud protection with Visa’s Zero Liability Policy • Merchant blocking features • No security deposit, no interest, and no hidden fees *Step is a financial technology company, not a bank. Banking services provided by Evolve Bank & Trust, Member FDIC. 1. Not everyone will qualify. Must be 18 years or older. To be eligible for loans over $100 a minimum qualifying direct deposit to your Step account is required. Offer can go up with on-time payments. Instant Transfers are available for a fee. Instant Transfers typically occur in seconds, but may take up to 30 minutes. Not all users will qualify. 2. Average based on analysis conducted by TransUnion based on 594 Step users aged 21-27 with a positive increase in their credit score within a 360-day period beginning from the first instance of Step reporting to the credit bureau. 3. Requires Step Black enrollment, either through qualifying direct deposit or paid monthly membership. Ability to earn $200+ in the form of credits on purchases or statement credits for purchases with select Step Black partners, as will be advertised. Step does not provide, endorse, or guarantee any third-party product, service, information or recommendation listed above. The third parties listed are solely responsible for their products and services, and all trademarks listed are the property of their respective owners. Enrollment may be required.