Rain Logo

Rain

check_circleVerified

star star star star star_border
18 User Reviews

5.8

Overall Score

LAST UPDATED: August 11th, 2021

Rain Instant Pay is an employee financial wellness benefit. In fact, the company’s mission is to put an end to payday loans and other predatory lending services by allowing employees to choose when they receive their paycheck.

Top Ranked Companies

ADP Logo
#1 ADP chevron_right
8.2 Overall Score
3.5
star star star star_half star_border
(103)
BambooHR Logo
#3 BambooHR chevron_right
6.1 Overall Score
3.0
star star star star_border star_border
(13)
thumb_up

The Good

  • Guaranteed Benefits for Employers
  • Access Wages Any Time

Guaranteed Benefits for Employers

Rain Instant Pay is a free service for employers who offer Rain to their employees. 

However, employees aren’t the only ones benefiting from Rain’s services. The company claims that employers will see a 200 percent increase in job applications, a 40 percent lower turnover among employees, and 86 percent of employees improving their job performance. 

Access Wages Any Time

Rain Instant Payeasily integrates with most payroll systems and employees can easily view and manage their wages on Rain’s smartphone app. 

QED’s (Rain’s founding investor) co-founder Nigel Morris has this to say about the software, “Rain gives the power to the worker, allowing them to take back control over their financial lives and receive the money they’ve earned without having to wait until payday. At QED, we call this income streaming, and we’re the most active investor in the trend globally because we have seen how it empowers employees and helps employers improve retention, productivity, and recruiting. We couldn’t be more excited for Rain to bring this social-impact model to millions of Americans.”

thumb_down

The Bad

  • Withdrawal Fee

Withdrawal Fee

Although Rain Instant Pay is virtually free, employees will have to pay a fee. The company states that the fee is much like an ATM fee and appears whenever an employee withdraws his/her wages through the app. We should note the company has free options, including the following:

  • $0 fee to transfer funds to a bank account
  • $0 fee to transfer funds to a Netspend Skylight ONE card
  • Small fee to transfer funds to another pay card or debit card
gavel

The Bottom Line

According to Rain’s website, over $170 billion was spent by Americans while they waited on their next paycheck. This number includes payday loan fees, credit card fees, overdraft fees, and low-balance fees. To help put an end to predatory products and payday loans, Rain Instant Pay is free to all employers.

The software smoothly integrates with most payroll systems, and employees can simply download the mobile app to their phone. The app allows employees to withdraw their paycheck whenever and wherever they are.

For more information, see the Rain Instant Pay reviews below. 

Was this content helpful?
thumb_up Yes thumb_down No

Star Rating

4.2

star star star star star_border

18 Reviews

Review Breakdown

5 grade

67%

4 grade

17%

3 grade

0%

2 grade

6%

1 grade

11%

Sentiment Criteria

Value

star star star star star_border

Quality

star star star star star_border

Service

star star star star star_border

Trustworthiness

star star star star star_border
cancel

Filter by:

arrow_drop_down

Sort by:

arrow_drop_down
info
check_circle

Verified Customer

check_circle

Review Source

star star star star star

William Knoxville, TN

I switched employers and now I get paid a day earlier. I love the fact that I don't have to go to the bank to cash a paycheck or deposit it. It's there every other Thursday. I have never had a problem with my paycheck coming in direct deposit. It's as easy as can be.

1 year ago

Rain Logo

Reply from Rain

Thanks for your review, William! Don't forget: with Rain, you can get paid any day - you don't even have to wait for Thursday!

Aug. 19th, 2020

star star_border star_border star_border star_border

Catherine Hastings Chicago, IL

This app is poorly managed. So many issues too many to count. The staff is lovely but whomever created the app is not lovely. They advertise that you can be paid daily. After a week of work my hours were approved and I downloaded my pay - well not all of it - only 20 hours out of 24 hours worked. When I inquired about the additional 4 hours they stated I should not have been able to access funds for my approved hours, suspended my account and disallowed me the ability to add in more hours worked for this week... I am done - too much hassle

2 months ago

Rain Logo

Reply from Rain

Hi Catherine! I am so sorry to hear about any trouble you've had and any confusion. You would be able to get paid "daily" from Rain if you worked every day - basically, we get your wage rate and your worked hours approved from your employer, and then calculate 50% of that. It's 50% to allow for taxes and other garnishments. I'm not sure what happened with your account suspension, but I've forwarded this to our customer success team for investigation. Thank you so much for your patience and your honest feedback. This is not the level of service we strive for and we'll be looking into this today to see what we can do.

Aug. 11th, 2021

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Latoya

What I liked about it is that I was able to request money and I was able to get it the same day like I get it, within a couple of hours, so I like I get the money instant.

1 year ago

Rain Logo

Reply from Rain

Thank you for your review! We're so glad you've enjoyed the app.

Sep. 8th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Edna

Pretty good but sometimes I have a lot of difficulties. I think it is absurd that they tried to chard four or five dollars every time we withdraw money.

1 year ago

Rain Logo

Reply from Rain

Thank you for your feedback! We're sorry to hear about your difficulties - please contact our team at [email protected] so we can help you out.

Sep. 8th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Jessica

It is very convenient and easy to use. I think it is good idea to have in place instead of people getting loans until they get paid.

1 year ago

Rain Logo

Reply from Rain

We agree! This is a healthier option. Thanks for your review!

Sep. 8th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Joanna

For rainy days when you don’t have money it is convenient. It is a very complete company and a great company to work with.

1 year ago

Rain Logo

Reply from Rain

Happy to help, thanks for your review!

Sep. 8th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Daiesha

I really appreciate them for coming out with things like this. They are very informative and answer all my questions.

1 year ago

Rain Logo

Reply from Rain

Happy to help! Thanks for taking the time to leave a review.

Sep. 8th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Edmonia Charles Lafayette, LA

Great service and it comes in a great time of need and when you need cash it helps to know u can count on extra cash

1 year ago

Rain Logo

Reply from Rain

Thanks for your review, Edmonia! Let us know if you have any questions at [email protected]

Aug. 17th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Jose

I have no complaints about it. It works great. It got me out of a jam. They did an awesome job.

1 year ago

Rain Logo

Reply from Rain

Glad to hear that! Thanks for taking the time to leave a review.

Sep. 8th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Richard

Everything works pretty well. I am grateful as this helps out a lot. It is very easy to use as it is self contained.

1 year ago

Rain Logo

Reply from Rain

Thank you for your review!

Sep. 8th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Nae Quinn Gulfport, MS

great wen needing extra cash and i never expected it to be that fast and effective

1 year ago

Rain Logo

Reply from Rain

Glad you're liking the app!

Sep. 1st, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Sonya Taylor Convent, LA

Excellent service very helpful for extreme cases immediately loaded to your account to save the day

1 year ago

Rain Logo

Reply from Rain

Thank you for your review! We're so glad you've had a good experience.

Sep. 1st, 2020

check_circle

Verified Customer

check_circle

Review Source

star star_border star_border star_border star_border

Carmen Wiggins, MS

I work for Walmart as well as Taco Bell. At Walmart it calculates our pay . Every time I log into rain it ask me how many hours I work. I am seriously thinking about deleting app.

1 year ago

Rain Logo

Reply from Rain

Hi Carmen, can you please send us an email at [email protected] so we can resolve this? Some employers do require Rain users to report their own hours - but your employer might not.

Aug. 24th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Nathaniel Davis

The best i had used. I get my money when i need it.

1 year ago

Rain Logo

Reply from Rain

Thanks for your review!

Sep. 1st, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star_border

Marquilla Brannon Harriman, TN

it has helped me get through til I get my check several times

1 year ago

Rain Logo

Reply from Rain

Thank you for your review, Marquilla! Please let us know how we can get your rating up to 5 stars at [email protected]

Aug. 24th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Heaven Pasadena, TX

it works good and it gets money to my care right away

1 year ago

Rain Logo

Reply from Rain

Thanks so much, Heaven! Let us know at [email protected] if we can help with anything.

Aug. 17th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star star star

Melissa R Fulner Madisonville, TN

Ease of use and response from customer service

1 year ago

Rain Logo

Reply from Rain

Thanks for your review, Melissa! Let us know if we can help with anything at [email protected]

Aug. 7th, 2020

check_circle

Verified Customer

check_circle

Review Source

star star star_border star_border star_border

Mitchell Lafayette, LA

High transaction fee & hard to get exact amount out because it charges after not before transaction

1 year ago

Rain Logo

Reply from Rain

Hi Mitchell, we're so sorry to hear that you're unhappy with the app. We hope that you'll consider sticking around for an update coming soon that we think you'll like!

Sep. 1st, 2020

We're on a mission to empower consumers to make the best decisions and connect confidently with companies that deserve their business.

© 2021 BestCompany.com LLC - All rights reserved Privacy Policy | Terms | Do Not Sell My Personal Information