Koke is an independent comparison site, not a lender. We may be paid when you visit a lender or send an enquiry through Koke. How we make money

Apply now

Payday loans in Manitoba: rules, costs and licensed lenders

Manitoba payday loans are capped at $1,500 and 62 days, and can't cost more than $14 per $100 borrowed under the federal limit that took effect in 2025. Lenders must be licensed in Manitoba, and the province's Consumer Protection Office handles complaints.

Last reviewed November 7, 2026

Max cost
$14 per $100
Max loan
$1,500
Max term
62 days
Regulator
Manitoba Consumer Protection Office

Payday loan rules are set by each province and can change. Figures on this page were last checked on November 7, 2026 against Manitoba Consumer Protection Office. Always confirm with the lender’s contract and your regulator.

Apply from here

$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.

How much does a payday loan cost in Manitoba?

Manitoba’s payday loan rules sit alongside the federal Criminal Code limit, which since January 1, 2025 lets payday lenders charge at most $14 per $100 in provinces that regulate them. In practice, a $400 loan costs no more than $56 in total, and a $1,000 loan no more than $140.

The province has long been stricter than average about repeat borrowing. If you find yourself taking a new loan each payday, talk to a non-profit credit counsellor before the next one. The fees add up faster than they appear to.

Who regulates payday lenders in Manitoba?

Payday lenders need a Manitoba licence, and the Consumer Protection Office is the place to ask questions or report a problem. Online lenders aren’t exempt: if a website will lend to a Manitoba address, it needs that licence too.

What else should I know?

Manitoba also caps what a lender can charge if a payment bounces, so ask to see that fee in writing before you sign. Cancellation and repayment-plan rules are on the regulator’s page linked at the bottom of this page; check them before you borrow, because they can change.

What are the payday loan rules?

Payday loan rules in Manitoba
Maximum cost of borrowing$14 per $100 borrowed, all fees included
Maximum loan$1,500
Maximum term62 days
Dishonoured payment feeUp to $20
RegulatorManitoba Consumer Protection Office

Source: Manitoba Consumer Protection Office. Last reviewed November 7, 2026.

Which lenders are licensed here?

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.

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.

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.

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

Licensed per lender AB, BC, MB, 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.

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

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.

Payday loans by city

What will it cost?

Pre-filled with your province’s legal maximum. Lower it if your lender charges less.

Fee
—
Total to repay
—
Due date
—
Annual rate (APR)
—

Same amount on a credit card cash advance (assuming 22.99% APR plus a $5 fee): —

Payday loans are one of the most expensive ways to borrow. These figures are estimates. Your lender’s contract shows the real cost and must follow your province’s rules.

Results are estimates for illustration only. Your actual cost, due date and terms are in your loan agreement.

Compare licensed lenders in Manitoba See cheaper options first

Common questions

Do online lenders need a Manitoba licence?

Yes. Any lender making a payday loan to someone living in Manitoba needs a Manitoba licence, wherever its office is.

What does a $300 payday loan cost in Manitoba?

At the $14 per $100 maximum, a $300 loan costs $42, so you repay $342.

Who can help if I keep needing payday loans?

A non-profit credit counsellor can look at your whole budget for free and may be able to arrange lower payments with the people you owe.

Ready to apply from Manitoba?

One application, about three minutes. Our matching partner shows you the offer that fits your answers, from a lender that works in Manitoba. Read the cost before you sign.

Start my applicationJust show me licensed lenders

Sources

Update log

  • — Page published; rules checked against the provincial regulator.