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iCash payday loans: costs, licences and review

Editorial rating 5.0/5 · How we rate lenders

Last reviewed November 7, 2026 by the Koke editorial team.

iCash is an online payday lender operated by Finabanx Ltd. that lends $100 to $1,500 in seven provinces through its website and app. It charges up to $14 per $100 borrowed, so $500 for 14 days costs $70, and sends approved loans by Interac e-Transfer.

Last reviewed November 7, 2026

iCash at a glance

Provinces served
Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island
Apply
Online, App
Borrow
$100 to $1,500
Repay within
7 to 62 days
Cost per $100
$14.00
On $500 for 14 days
$70.00 fee · $570.00 total
Annual rate on that example
365.0%
Money arrives
Same day (Interac e-Transfer after the contract is signed)
Credit check
Hard credit check: “Hard credit check on the first loan only, according to published reviews”
If a payment bounces
—
If you pay late
—
Support hours
—

Is iCash licensed where I live?

Provincial regulators license payday lenders. Rows marked Verified were checked on the provincial register on the date shown. Rows marked Listed by lender are the provinces the lender says it is licensed in, which we haven’t checked yet. Either way, licences can change, so use the Verify link before you apply.

ProvinceLicence numberStatusRegulatorChecked on
Alberta OK Verified Service Alberta and Red Tape Reduction · Verify
British Columbia OK Verified Consumer Protection BC · Verify
Manitoba OK Verified Manitoba Consumer Protection Office · Verify
New Brunswick OK Verified Financial and Consumer Services Commission (FCNB) · Verify
Nova Scotia OK Verified Service Nova Scotia (Consumer Affairs) · Verify
Ontario OK Verified Ministry of Public and Business Service Delivery and Procurement (Consumer Protection Ontario) · Verify
Prince Edward Island OK Verified Island Regulatory and Appeals Commission / Consumer Services · Verify

Apply now opens Koke’s application page, which sends your answers to our matching partner LeadScout. It may match you with iCash or with other lenders. Koke may be paid for referrals and for clicks to lender websites; that never changes our rating. Disclosure

Borrowing $500 for 14 days at $14.00 per $100 costs $70.00. You’d repay $570.00 on Sunday, November 22. As an annual rate, that’s 365.0%. Try your own numbers

How applying with iCash works

You apply on the iCash website or app, link your bank account through a verification service so iCash can confirm your income, and sign the contract electronically. Approved loans are sent by Interac e-Transfer, and reviews describe funding within minutes of signing during operating hours. Repayment comes out of your account by pre-authorized debit on your due date.

What to watch

iCash runs a hard credit check on a first loan, which can show on your credit report. Make sure the due date lines up with your real payday, and confirm what iCash charges if a payment is returned before you sign.

What we like

  • Apply entirely online or in the app
  • Funds sent by Interac e-Transfer
  • Available in seven provinces, including PEI

What to watch

  • Charges the provincial maximum of $14 per $100
  • Runs a hard credit check on your first loan
  • No storefronts if you prefer to apply in person

Where iCash lends

Other licensed lenders in Alberta

Cash Money

5.0/5

Cost per $100
$14.00
Borrow up to
$1,500
Funding
Next business day
Apply
Online and in-store

Licence verified AB, BC, MB, NB, NL, NS, ON, SK

Apply now Read review

Applications go through our partner Loans Canada, which may match you with this or other lenders. Koke may be paid for referrals. Lenders decide approval, cost and terms.

Cashco Financial

5.0/5

Cost per $100
$14.00
Borrow up to
$1,500
Funding
Same day
Apply
Online and in-store

Licence verified AB, BC, SK

Apply now Read review

Applications go through our partner Loans Canada, which may match you with this or other lenders. Koke may be paid for referrals. Lenders decide approval, cost and terms.

Cost per $100
$14.00
Borrow up to
$1,500
Funding
Same day
Apply
Online

Licensed per lender AB, BC, MB, NB, NL, NS, ON, SK Confirm with regulator

Apply now Read review

Applications go through our partner Loans Canada, which may match you with this or other lenders. Koke may be paid for referrals. Lenders decide approval, cost and terms.

A payday loan isn’t your only option. See lower-cost alternatives

Sources

Update log

  • — Profile published from public sources. Licences listed as stated by the lender; register check by Koke pending.

Apply now

$500
Most a payday loan can cost
$70
You’d pay back
$570

Based on the $14 per $100 legal maximum. Lenders can charge less, never more.

About 3 minutes. Koke is not a lender; we may be paid when you apply. No SIN or banking login asked.

One application. A real offer. Your decision.

Tell us what you need once. Our matching partner LeadScout looks for the lender that fits your answers and takes you straight to the offer. Read the cost, compare it with the alternatives, and only sign if it works for you.

Koke is not a lender and may be paid when you apply. Lenders decide approval, cost and terms. No SIN, online-banking login or ID photos asked.