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Money Mart payday loans: costs, licences and review

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

Money Mart offers payday loans of $100 to $1,500 online and through a large network of storefronts in six provinces. Loans cost up to $14 per $100, so $500 for two weeks costs $70. Store customers can often receive cash the same day once approved.

Last reviewed November 7, 2026

Money Mart at a glance

Provinces served
Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Saskatchewan
Apply
Online, In store
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 (Cash in store or online transfer)
Credit check
Varies
If a payment bounces
—
If you pay late
—
Support hours
—

Is Money Mart 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 Not published Listed by lender, not yet checked by Koke Service Alberta and Red Tape Reduction · Verify
British Columbia Not published Listed by lender, not yet checked by Koke Consumer Protection BC · Verify
Manitoba Not published Listed by lender, not yet checked by Koke Manitoba Consumer Protection Office · Verify
Nova Scotia Not published Listed by lender, not yet checked by Koke Service Nova Scotia (Consumer Affairs) · Verify
Ontario Not published Listed by lender, not yet checked by Koke Ministry of Public and Business Service Delivery and Procurement (Consumer Protection Ontario) · Verify
Saskatchewan Not published Listed by lender, not yet checked by Koke Financial and Consumer Affairs Authority (FCAA) · Verify

Apply now opens Koke’s application page, which sends your answers to our matching partner LeadScout. It may match you with Money Mart 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 Money Mart works

You can start online or walk into a branch with ID, proof of income and banking details. In a store, approved borrowers can often leave with cash or a deposit the same day. Online applications are funded electronically.

What to watch

Money Mart’s convenience is its storefront network, but a payday loan costs the same in a branch as online: up to $14 per $100 in provinces with payday loan laws. If you’re a regular customer, ask whether any lower-cost product suits your situation better, and check the repayment date before signing.

What we like

  • Large storefront network for in-person service
  • Apply online or in a branch
  • Same-day cash possible in store once approved

What to watch

  • Charges the provincial maximum of $14 per $100
  • Not available in New Brunswick, Newfoundland and Labrador or PEI
  • Store hours limit when you can pick up cash

Where Money Mart 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.

iCash

5.0/5

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

Licence verified AB, BC, MB, NB, NS, ON, PE

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.