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Date Published: April 6, 2023 (Updated May 12, 2026)
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Cash loans in Canada are short-term installment loans that provide $100 to $1,500 deposited directly to your bank account via e-Transfer—often within minutes of approval. iCash charges $14 per $100 borrowed, with no hidden fees, no subscription, and no tip prompt. Loan costs are shown in full before you confirm. iCash is a licensed lender operating under provincial consumer protection law in every province it serves.
A travel loan is a short-term personal loan (sometimes called a vacation financing option) used to cover expenses like flights, hotels, or transportation. You borrow a fixed amount, see the full cost upfront, and repay it over a short period—usually lined up with your pay schedule.
For example, people use travel loans to:
Lock in a flight deal before prices increase
Pay for a hotel deposit
Cover a last-minute car rental or travel expense
Compared to a credit card cash advance, a travel loan is more predictable. Credit cards start charging interest immediately, and the total cost can grow over time. With a travel loan, you know exactly what you’ll repay before you accept it.
iCash charges a flat $14 per $100 borrowed. There are no ongoing fees, and the full amount is shown before you confirm.
Loan Amount | Fee | Total Repayment |
$300 | $42 | $342 |
$500 | $70 | $570 |
$1,000 | $140 | $1,140 |
Like other installment loans, travel loans give borrowers a clear repayment schedule, helping with budgeting and financial planning.
Borrow $500 for 14 days
Cost of borrowing: $70
Total repayment: $570
APR: 365.00%
APR looks high because this is a short-term loan. What matters most is the total dollar cost, which stays fixed and doesn’t increase over time. If repayment is completed on time, customers receive 12% cashback, helping reduce the total cost of borrowing!
The Financial Consumer Agency of Canada recommends reviewing total borrowing costs and repayment timing before choosing any loan. Taking a minute to check if the repayment fits your next pay cycle can help you avoid unnecessary stress later.
If the numbers work for you, you can move forward right away.
1. Apply online in minutes
Choose your amount and fill out a short application. You’ll provide basic income and banking details.
2. Get a decision
You’ll receive a decision quickly based on your income and ability to repay. iCash conducts a one-time hard credit check on your first loan only. Future applications don’t require another check.
3. Receive your funds by e-Transfer
Once approved and signed, funds are sent by e-Transfer—often within minutes, depending on your bank.
When speed matters, many borrowers choose an e-Transfer payday loan over traditional options.
Getting an online loan with us is fast and easy. Simply select your loan amount, repayment plan* and provide some personal details.
Our online loan application will tell you if you’re approved instantly. Once approved, all you have to do is electronically sign your contract. It’s that easy!
Once you sign your digital agreement, your cash advance will be sent by e-Transfer within 2 minutes. Fast, convenient and hassle-free. Funds are sent 24/7, no matter what.
Yes, you can get a holiday loan even with poor credit. A lower credit score does not automatically disqualify you. iCash looks at your current financial situation, not just your past.
That includes:
Regular income (employment or government benefits)
Consistent deposits
Ability to repay on by the due date
Here’s how credit checks work:
First loan: one-time hard credit check
Future loans: no additional credit checks
This approach gives people with less-than-perfect credit a fair chance to qualify. If you want to explore more options, see bad credit loans.
A travel loan can be helpful in the right situation—but it’s not always the best option. Being clear about that helps you make a decision you won’t regret later.
You found a time-sensitive deal (flights, accommodation)
You have a steady income and a clear repayment plan
The cost fits comfortably into your next pay cycle
You want a fixed, predictable repayment instead of variable interest
You’re already struggling to cover essential expenses
Repayment would create more financial stress next month
You’re borrowing for a trip without a clear budget
You have access to a lower-cost option (like savings or a line of credit)
Borrowing responsibly is vital to ensure these options remain tools that support your long‑term financial health and credit. In Canada, that means understanding the terms, keeping debt manageable, and only borrowing what you can realistically repay.
If your plans are set and you just need a simple way to cover the gap, a travel loan can give you that flexibility—without guessing what it will cost later.
With iCash:
Borrow $100 to $1,500
Pay a flat $14 per $100
See your full repayment before you commit
Receive funds by e-Transfer after approval
A one-time credit check applies to your first loan only.
Since 2016, we've helped over 1.6 millions Canadians get instant loans online.
Since 2016, we've helped over 1.6 millions Canadians get instant loans online.
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