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Rain

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17 User Reviews

5.9

Overall Score

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.

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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.”

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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. 

Rain mentions a zero-fee option, but this option is where the employer covers the fees for employees. 

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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. While there is a small fee whenever funds are withdrawn, Rain Instant Pay does offer a  zero-fee option but this is where the employer covers the fees for their employees. 

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

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Star Rating

4.4

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17 Reviews

Review Breakdown

5 grade

71%

4 grade

18%

3 grade

0%

2 grade

6%

1 grade

6%

Sentiment Criteria

Value

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Quality

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Service

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Trustworthiness

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Verified Customer

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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.

8 months ago

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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

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Verified Customer

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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.

8 months ago

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Reply from Rain

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

Sep. 8th, 2020

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Verified Customer

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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.

8 months ago

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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

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Verified Customer

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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.

8 months ago

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Reply from Rain

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

Sep. 8th, 2020

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Verified Customer

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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.

8 months ago

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Reply from Rain

Happy to help, thanks for your review!

Sep. 8th, 2020

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Verified Customer

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Daiesha

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

8 months ago

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Reply from Rain

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

Sep. 8th, 2020

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Verified Customer

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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

8 months ago

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Reply from Rain

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

Aug. 17th, 2020

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Verified Customer

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Jose

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

8 months ago

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Reply from Rain

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

Sep. 8th, 2020

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Verified Customer

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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.

8 months ago

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Reply from Rain

Thank you for your review!

Sep. 8th, 2020

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Verified Customer

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Nae Quinn Gulfport, MS

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

8 months ago

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Reply from Rain

Glad you're liking the app!

Sep. 1st, 2020

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Verified Customer

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Sonya Taylor Convent, LA

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

8 months ago

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Reply from Rain

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

Sep. 1st, 2020

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Verified Customer

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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.

8 months ago

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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

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Verified Customer

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Nathaniel Davis

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

8 months ago

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Reply from Rain

Thanks for your review!

Sep. 1st, 2020

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Verified Customer

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Marquilla Brannon Harriman, TN

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

8 months ago

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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

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Verified Customer

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Heaven Pasadena, TX

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

8 months ago

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Reply from Rain

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

Aug. 17th, 2020

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Verified Customer

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Mitchell Lafayette, LA

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

8 months ago

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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

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Verified Customer

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Melissa R Fulner Madisonville, TN

Ease of use and response from customer service

9 months ago

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Reply from Rain

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

Aug. 7th, 2020

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