Key facts about iCash
- Loan type
- Payday loan
- Cost per $100 borrowed
- $14
- Repay on a $500 loan
- $570
- Rate / cost disclosure
- $14 per $100 borrowed; about 365% as an annual rate on a 14-day loan
- Maximum loan amount
- $1,500
- Typical loan term
- 7 to 62 days
- Funding speed (lender’s statement)
- e-Transfer within minutes of approval, 24/7 (reported)
- Credit-check policy
- Runs a credit check, but weighs income and banking history as well
- How to apply
- Website or mobile app
- Service type
- Online
- Provinces served
- Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island
- Head office / service area
- Online lender with offices in several provinces
Is iCash licensed?
| Province | Licence number | Status | Last checked | Verify |
|---|---|---|---|---|
| Alberta | 341941 | Published by lender | November 14, 2026 | Service Alberta and Red Tape Reduction |
| British Columbia | 67639 | Published by lender | November 14, 2026 | Consumer Protection BC |
| Manitoba | 74162 | Published by lender | November 14, 2026 | Manitoba Consumer Protection Office |
| New Brunswick | 180004440 | Published by lender | November 14, 2026 | Financial and Consumer Services Commission (FCNB) |
| Ontario | 4733142 | Published by lender | November 14, 2026 | Consumer Protection Ontario (Ministry of Public and Business Service Delivery) |
Registries change daily. Confirm the licence yourself before you borrow.
What stands out
- Applications accepted 24 hours a day
- Licence numbers and expiry dates published openly
- Accepts several income types, including benefits
What to watch
- Charges the maximum $14 per $100
- No branches if you prefer to deal in person
- Not available in Saskatchewan or Newfoundland and Labrador
Who is iCash?
iCash has lent online since 2016 and never opened storefronts, so everything from the application to the signed agreement happens on a phone or computer. It serves Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario and Prince Edward Island, and it posts its licence numbers and their expiry dates on its website — a detail we wish every lender copied.
Who is iCash suited to?
Suits someone who needs a small loan outside business hours and is comfortable doing everything online. The price is the legal maximum, and in provinces that allow it the loan can be split over more than one payday, which helps cash flow but does not lower the fee.
Can you cancel?
Provincial law gives you a short cooling-off period to cancel a payday loan at no cost — two business days in Ontario, British Columbia and Alberta.
What if a payment fails?
A returned payment can trigger a one-time lender fee, and your bank may add its own NSF charge. Check the agreement for the exact amounts.
Sources
Editorial review completed November 14, 2026. Ratings are our opinion, not customer reviews — see the Editorial Policy.