Fastest & Fairest Interac e‑Transfer® Online Short Term Loans in Canada

Take care of whatever expenses life throws at you. Get approved instantly for up to $1,500, 24/7, from across Canada. Interac e-Transfers are sent within minutes of signing up.

Apply online or download our app to get started.

Download iCash on the App Store.

25K ratings

4.8 out of 5

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Customize your instant loan

Receive your money by

Minimum

$100

$750

Maximum

$1,500

1

2

3

Download iCash on the App Store.

25K ratings

4.8 out of 5

The easiest way to borrow money online

Take control of your finances. Get an online loan from across Canada in minutes.

Instant Online Payday Loans

Borrow up to $1,500

Funds Sent 24/7

Instant Automated Approval

Apply Online or Download our App

E-transfer in 5 Minutes

Easy to Get Approved

Pay it Back in 1-3 Installments

Earn Cashback and Redeem Extra Money

Access Your Free Credit Report

Free and Unlimited Credit Report & Score

We Don’t Sell Your Data to Any 3rd Parties

No Affiliate Ads

Protected by Advanced Security Measures

Accessing Your Report Does Not Affect Your Credit

Private Credit Score, Accessible Only by You

Real-Time Updates

User-Friendly Interface

iCash is a member of the Canadian Consumer Finance Association.
iCash uses Equifax technology to improve our lending solutions.
iCash is owned by women and promotes diversity, equity, and inclusion.

Get a loan in 3 easy steps

1

Apply Online

Getting an online loan with us is fast and easy. Simply select your loan amount, repayment plan* and provide some personal details.

Sign up and apply online or on our app.
2

Instant decision

Our online loan application will tell you instantly if you've been approved. Once approved, electronically sign your loan agreement and you're all set! It's that easy!

Get a decision instantly after completing our paperless loan application.
3

Get funds

After signing your digital agreement, your funds will be sent by e-Transfer within 2 minutes, 24/7. Our loans are fast, convenient, and hassle-free.

Receive your money by e-Transfer within minutes of signing your agreement.

Behind each review is an experience that matters

Since 2016, we've helped over 1.6 millions Canadians get instant loans online.

Read more reviews.

Why Canadians choose iCash loans

iCash offers easy, fast, and secure online loans in Canada, 24 hours a day and 7 days a week. There's never been a more convenient way to access cash when you need it most.

Fast online application

The days of waiting in line at a physical lender or bank for a cash advance are gone. We offer a simple, easy-to-use online application that you can access 24/7 from the comfort of your own home. All you need is a laptop, smartphone, or tablet, and an internet connection.

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No documents required

Our online loan application is streamlined. We have all the tools to automatically evaluate your application without asking for any documents. No need to fax long forms or print out bank statements. Everything is paperless!

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No hidden fees

We are committed to responsible and transparent lending, which is why we make sure all the interest and fees involved in your short-term loan are displayed in a clear and understandable manner. This gives you the ability to make an informed decision about your loan.

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Instant decision, 24/7

Our approval process is automated. You’ll know right away if you’re approved. This means that you can get the money you need instantly, without having to wait hours or days. We take care of everything for you, so that you can focus on what’s important.

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E-Transfer in 2 minutes, 24/7

Once approved, your cash advance will be sent directly to you by e-Transfer within 2 minutes, no matter the time of day. By getting the money you need right away, you’ll be able to better deal with whatever financial emergency you’re facing.

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Up to 12% cashback*

Our customers have the opportunity to earn a percentage back on the cost of borrowing of every fully repaid loan. It’s just one of the benefits to choosing iCash for your personal loans.

To learn more about the Terms and Conditions, click here.

Why iCash image

We help our members
get their finances
back on track

$360 Million
saved by iCash customers since 2016
78,400+
positive reviews
$16,400,000+
given in Cashback
3.7 Million
online loans issued since 2016
700,000
downloads of the iCash App

Why do 1,600,000 members love iCash?

iCash uses 256-bit SSL encryption technology to keep your data secure.

Secure service and data protection

We use the same encryption system as banks and we do not sell any of your personal information to third parties.

iCash support is available 24/7 to assist you.

Help when you need it

Need help with your online loan? Get in touch with our support team via phone or sms.

iCash customers can earn cashback* when they repay their loans and refer friends*.

Complimentary member benefits

iCash members get benefits like cashback* and financial advice.

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Get an instant loan today

Whether you need to get a cash loan for car repairs, medical bills, or groceries, you can trust iCash for a fast, easy, and secure experience. Instant online loans from iCash give you quick access to the funds you need in minutes.

We want to make the process of obtaining an online loan as effortless as possible. Check out our Personal Finance Hub to access free resources about budgeting.

To learn more about how we differentiate ourselves from other lenders in Canada, check out our comparison chart.

Frequently asked questions

What income is needed to qualify for a payday loan with iCash?

$800 per month minimum, from a verifiable source, paid by direct deposit, received steadily for at least three months. Employment, self-employment, CPP, OAS, EI, disability benefits, and the Child Tax Benefit all count toward that threshold. You can also combine eligible streams — for example, part-time employment plus EI payments — to reach the $800 minimum. There is no interest charged on type of earnings; all sources are treated equally.

Can I get a payday loan while on government benefits in Canada?

Yes, you can apply for a payday loan with government benefits in Canada for up to $1,500. We accept Child Tax, Employment Insurance, ODSP, AISH, provincial disability, CPP, Old Age Security, and more. Simply fill out the Employment Details section of the application with the details of your benefit income.

How old do I need to be to apply for a payday loan in Canada?

You must be at least the age of majority in your province. That means 18+ in Ontario, Alberta, and Manitoba, and 19+ in British Columbia, New Brunswick, and Nova Scotia. There is no upper age limit — OAS and CPP recipients qualify.

How quickly will I get my money if I qualify?

For most approved applicants, funds arrive by Interac e-Transfer within about two minutes of accepting the agreement. The full cycle — from application to money in your bank account — typically takes under 30 minutes, including outside business hours, on weekends, and on holidays. Unlike a credit card or bank lender, there is no need to repay over multiple billing periods — the term is short and the payment schedule is clear from the start.

Is it expensive to borrow if I have bad credit?

The cost is the same regardless of your credit score: $14 per $100 borrowed. There is no risk-based interest adjustment and no additional charge for first-time borrowers. The fee is fixed and fully disclosed before you agree to the loan agreement — no surprise charges when the due date arrives.

What is the maximum that I can borrow?

The maximum amount you can borrow for a payday loan online in Toronto depends on a few factors, such as your income and your ability to pay back the loan. We provide easy payday loans of up to $1,500 with absolutely no hidden fees, so you can feel confident when obtaining a loan from us.

Have more questions? Check out our full FAQ.