Same Day Loans

Experience financial ease with fast same day loans from iCash. Get instant approval* of up to $1,500 and use the funds for whatever comes your way. Apply today!

Main page image
Download iCash on the App Store.

Customize your instant loan

Receive your money by 6:43 pm

Minimum

$100

$750

Maximum

$1,500

1

2

3

Elite

New customer

Prestige

VIP

Cost summary

Cost
$85.50
Cashback
-$53.16
instant-loans
interac

Apply now and receive your money by e-Transfer at no extra cost.

Same Day Loans Canada

Same day loans help people get the money they need as quickly as possible, generally on the day they apply. You can use these loans for emergency expenses, unexpected bills, or even essential day-to-day living costs.

Same day money loans are a popular choice for individuals who need instant funding and don’t have the time to apply for a bank loan or go through a lengthy application process.

Facing an urgent financial situation and need money urgently on that very day? You can apply with iCash and get up to $1,500 in 2 minutes. Whether it’s a medical situation, car repairs, or a sudden job loss, funding with iCash is only a click away!

Same day loans in Canada are popular for Canadians who need cash today. They’re available to anyone over the age of 18 (age 19 in some provinces) with a steady income and a valid bank account. 

The best same day loan in Canada offers a quick and convenient application process. You can apply through a secure online portal or via an easy-to-use mobile app. No paperwork or in-person visits required.

Canada is home to many reputable lending companies. These companies offer loans of various amounts and interest rates. Researching short-term lending options can help you find the best same day personal loans.

Almost all Canadians are eligible for these. This includes full-time and part-time employees, self-employed individuals, and those receiving consistent government benefits.

Same Day Payday Loans

Same day payday loans are all about getting your cash to you as quickly as possible. Typically, you can expect to receive your cash within 2 minutes (once you’ve been approved). You can apply online in minutes, get approved fast, and deal with any financial headaches as quickly as possible. No long waits or paperwork – just quick cash when you need it!

What are the requirements for same day loans in Canada? 

Getting a loan with same day deposit from iCash requires the following criteria: 

  • You must be 18 years of age or older (19 years of age in British Columbia, New Brunswick, Nova Scotia).

  • You are a Canadian citizen or resident in one of the provinces we operate in). 

  • You have a valid government-issued ID. 

  • Receive at least $800 per month. This can be in the form of employment income, self-employment or income from government benefits

  • Have access to online banking from a valid Canadian banking institution. 

A valid Canadian email address and mobile phone number (VoIP numbers do not qualify).

E-Transfer Loans Same Day

Getting e-Transfer loans the same day means having funds sent to you via email within minutes of approval. Direct online lenders in Canada provide instant loan approval for up to $1,500. 

Getting a loan via email also eliminates the risk of lost or stolen checks. You can access the funds through your online banking platform, which is the most secure method of receiving money. Both same day lenders and banks have strict security protocols to ensure the safe transfer of funds. 

Upon getting approved, you get funded for up to $1,500 via e-Transfer. This level of convenience and speed is an absolute game-changer, particularly for individuals who need to get money on that very day.

Same Day Loans

Same Day Loan with Bad Credit 

Same day loans with bad credit help people with poor credit scores or no credit history. They provide financial assistance when banks deny your loan application due to low credit scores.

Can I get a same day loan with bad credit?

Yes, it is possible to get a instant same-day loan even with bad credit. As long as you meet the basic eligibility criteria, such as having a steady income source, are a Canadian citizen or permanent resident, and are the legal age of majority in your province, funding is available to you. When you get loans for bad credit in Canada, make sure to borrow responsibly.

Same Day Loan Lenders

Same day loan lenders are available in Canada. You can find both online and in-store options near you. This makes it convenient for you to apply for a loan when needed. 

Finding a reputable provider is the most important factor. Always research and compare different lenders before making a decision. 

Get your Same Day Loan with iCash

The first step is to visit the iCash website and apply for a same day loan. Fill out the online application with your personal information, banking details, and income. 

Once you’ve submitted the application, it’s reviewed for an instant approval decision. If approved, you’re sent funds within 2 minutes - sometimes even faster! Use your funds for whatever you need and repay your loan on your terms.*

If you need immediate funds or simply want to have a cushion of extra cash, apply now for  same day loans in Canada. You can even download the iCash mobile application for an even easier borrowing experience.

Read more

iCash is a member of the Canadian Consumer Finance Association.
iCash uses TransUnion technology to improve our lending solutions.
iCash uses Interac e-Transfer to send loans to our customers.
iCash uses Equifax technology to improve our lending solutions.
iCash is owned by women and promotes diversity, equity, and inclusion.

Behind each review is an experience that matters

Since 2016 we have happily served over half a million customers.

Read more reviews.

Get a same day loan in three 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 if you’re approved instantly. Once approved, all you have to do is electronically sign your contract. It’s that easy!

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

Get Funds

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.

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

We help our members get their finances back on track

$238 Million
saved by iCash customers since 2016
64,500+
positive reviews
$11,700,000+
given in Cashback
2.5 Million
online loans issued since 2016
700,000
downloads of the iCash App

Frequently asked questions

How can I use the money from the loan?
Unlike traditional loan products such as a car loan or home loan, that are directly related to the purchase of a specific asset, there are no restrictions in how you use funds from a payday loan. Your online payday loan can be used as you see fit.
The funds are effectively the same as cash. You know best how to manage your finances, what bills need to be paid, what purchases you want to make, and so on.
Your only obligation is to repay the loan* with interest as specified in the loan agreement. What you do with the money is entirely up to you!
How can the funds from my loan be released the same day?
The loan process is automated and entirely online. That means that we’re open 24/7 when most other lenders are sleeping. We can also get you approved for same day payday loans online even if you have bad credit! Then, once approved, you’ll get your money via e-Transfer in 2 minutes.
How do I repay my same day loan
When you apply for the loan, you’ll provide your bank account information. This account will automatically be debited for the appropriate amounts on the date(s) that are specified in your loan agreement. Everything is clearly spelled out, so you can ensure you have enough money in that account on or before those dates.

Have more questions? Check out our full FAQ.

Related Articles

Five Things You Might Not Know About Same Day Loans

Five Things You Might Not Know About Same Day Loans

Uncover five things you might not know about same-day loans, from fast approvals to key benefits. Curious to learn more? Click to read the full guide now.

Getting a Same Day Payday Loan

Getting a Same Day Payday Loan

Need cash fast? Learn how to get a same day payday loan to meet urgent financial needs. Find out how quick approvals work and apply to get fast cash today.

Borrow up to $1,500 today

iCash has helped more than 950,000 Canadians get instant loans online without hassle. Download our mobile application today!