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Instant approval loans.
Need cash today?

Do you need cash fast?

Get approved for up to $25,000 within minutes.
Easy application & cash paid today.
Plus, easy to understand fees.

So when you are looking for instant approval loans and need cash today, we have you covered.

Last updated on September 27th, 2023.

How much do you need to borrow?

Easy Secure Application

Firstly, applying for instant approval loans is easy and quick. In less than 5 minutes, you can apply for a Cash Today loan amount up to $25,000.


Fast Results

Secondly, once your application is submitted, it can be reviewed and approved quickly. You’ll get a decision within hours instead of days.

Same-Day Payments

Thirdly, if approved, we will deposit the money into your bank account the same evening, as long as you make your application before 2 pm AEST.

How could an Instant Approval Loan help me?


Sometimes things don’t go according to plan.

  1. Things break down.
  2. Accidents happen.
  3. Appliances wear out.
  4. Pets get sick.
  5. There’s a dentist bill to deal with.
  6. Regular bills are just higher than you budgeted for.
  7. Expenses that you weren’t expecting can appear out of the blue.

These things happen to everyone.

Unfortunately, we don’t always have cash set aside for a rainy day that we can easily access. Or perhaps we did, but then we had an unlucky week, and multiple unexpected expenses appeared all at once.

The last thing you want is financial stress keeping you up at night. In cases like this, there’s a simple and easy way to free up your finances short term and take the pressure off you.

That’s where we come in. First of all, we can offer you short term lending and get you the cash you need quickly.

Secondly, don’t worry – we know how busy you are. So there are no complicated forms for you to fill out. Also, there are no surprises from our end. You’ve had enough of those already!

What we can offer you is a simple and effective solution to your temporary cashflow setback:

  • Incredibly clear fees & charges. You know exactly what you’re paying from the get-go.
  • Super simple repayment schedule, all automated for you.
  • Real genuine customer service, and human understanding of your circumstances.
  • Speedy application time (<5 mins), turnaround time (hours or less), and same-day payment (once you get that green tick of approval).


What is an Instant Approval Loan?


An instant approval loan lets you avoid the long waiting times of a traditional personal loan. Also, it’s usually for amounts borrowed that are less than $5000, or up to $25,000. In addition, you can pay back loans under $5000 faster than a typical personal loan.

So you might repay it using your next paycheck for smaller amounts. Instead, you might spread repayments over a few weeks or even a few months for more significant loan amounts. Also, once we’ve reviewed your application, we can make an instant decision.

That means we can let you know if you have been approved fast! Want instant approval loans – need Cash Today!


instant approval loans need cash today

Have you been searching for instant approval loans online? Would you like to borrow an amount between $1000 and $5000? Or a higher loan amount up to $25,000?

If you have been looking for easy loans with instant approval, and you need cash paid to you today, we can help!

Moreover, applying is simple and takes just a few minutes. So if you want loans approved today without lots of paperwork and you need cash now, an easy cash loan could be just what you have been searching for.

Our quick loan approval process gets you an answer in just hours instead of days. As a result, borrowing is simpler than you think. Ideal for when you want instant approval loans, need cash today and don’t want complicated and lengthy forms to fill out.

At a glance

Simple loan rates & fees


See our simple rates and fees below, and then view more information about rates & fees to work out repayments and total costs for different amounts and terms .

*Please note that the figures shown are indicative only and may not include all fees and charges. All applications are subject to assessment. 


Find out how likely you are to qualify for our lower rate loans.

Healthier financial history = access to lower loan rates

  • Our competitive personal loan rates are between 7.24% – 19.99% p.a. and our urgent loans are between 19% and 48% p.a.
  • The loan rate that you are offered will be dependent on your individual circumstances, loan amount, and the type of loan
    • For example, a secured car loan is likely to have lower rates than an unsecured loan with a vague purpose

Am I eligible for a loan?

If you want to understand whether you are able to be approved for a loan, there are a few things to consider.

Loan requirements

  • Proof of Australian residency (utility bill) and regular income
  • Driver’s license or other identification (over 18 years of age)
  • A read-only 90-day bank statement (via online bank verification)
  • Credit check
  • Repayment affordability can be established
  • No direct debit dishonour transactions in bank statements

Credit check

Credit history

A history of responsible borrowing shows that you’ve paid your bills on time and haven’t maxed out any credit cards.

Credit score

A good credit score is a strong indicator of your creditworthiness and could mean that you are eligible for loans with lower interest rates than another applicant with a less favourable credit score.

Debt-to-income ratio (DTI)

If you have a low debt-to-income ratio (DTI) this is the best position to be in for getting approved for a loan. A great debt-to-income ratio is 3.6 (36%) or less.

The higher your debt-to-income ratio, the less likely you are to be approved. That’s because you will be making repayments on your existing debt, and have less available funds to comfortably make repayments on a new loan. A debt-to-income ratio of 6.0 (60%) or higher is considered risky for lenders.

How to calculate your debt-to-income ratio 

Debt-to-income ratio = Total debt divided by total annual gross income

This can be expressed as a number or a percentage.


Debt-to-income ratio calculator


Loan amount and purpose

The amount you’re borrowing and what you’ll be using it for can also affect your approval odds.

Generally, smaller loans for specific purposes (like a car repair) are easier to get approved for than large loans with a vague purpose.


Some loans, especially larger loans such as home renovation loans or car loans, require collateral. This is an asset the lender can seize if you default on the loan.

Having collateral can improve your chances of getting approved, especially if your credit score isn’t perfect. In some cases it can also qualify you for lower loan rates.

Income and employment

If you have stable full time employemt with income that would allow you to comfortably repay a loan, this makes you most likely to be approved for a loan.

It is still possible to be approved for a loan with part-time employment if your regular expenses are lower and affordability can be established.

Other forms of supplementary income are also considered such as government benefits.

Your total income amount, your employment history, and any other sources of income will be taken into consideration when making an approval decision on a loan application.

Responsible lending

Understanding your individual circumstances

At Cash Today, we understand that unexpected expenses can arise. While we’re here to help you access the cash you need quickly, we’re committed to responsible lending practices.  This means we take the time to assess your individual circumstances before offering a loan. 

Prioritising your financial well-being

We prioritise your financial well-being and want to ensure you can comfortably manage repayments. We also offer clear and transparent loan terms so you understand the full cost upfront. If alternative solutions like payment extensions or budgeting tools can better address your situation, we’ll be happy to point you in those directions.

Lower rates reward good track records

If you can demonstrate a strong financial track record you are more likely to get approved for personal loans and qualify for lower loan rates. If your income compared to your ongoing expenses shows that you have the ability to comfortably afford higher loan repayments you may be able to get approved for higher loan amounts. 

Preventing financial stress 

In the event that your financial history reflects more unstable income, a poor credit rating, or a high debt-to-income ratio, your application may be declined if it is determined that repaying the loan would not be affordable and result in further financial hardship for you. 

You may only be approved for smaller loan amounts with lower repayments, and you may not qualify for lower rate loans and need to carefully decide whether you are willing and able to accept paying higher rates for the loan.

Protecting your future 

It’s important to note that even if you can comfortably afford repayments, your application might not be approved. This is because we assess your financial history to ensure responsible lending. We want to avoid situations where the loan could negatively impact your long-term financial health. This includes missed payments that could damage your credit score and make it harder to access future loans.

Disqualifying conditions

If you display one or more of the following loan disqualifying conditions you are not currently eligible for a Cash Today loan. 

  • Opened a personal loan in the last 90 days
  • Already has two or more payday loans under $2000
  • Bank statements in the last 90 days display transactions for online gambling
  • Bank statements show payments made to collection companies, payment arrears, or dishonours in the last 90 days
  • Bank statements show wage advances such as Wagetap, Wagepay, MyPayFast, Beforepay, in the last 90 days
  • Bankruptcy

You should consider seeking alternative options for financial assistance, or delay applying until your 90 day financial history reflects that you are eligible to apply as well as able to comfortably afford repayments.

About us

Cash Today has been helping Australians with short term lending solutions since 2006. Above all, we have a proven track record with over 15 years of reliability and putting our customers needs first. So we get great reviews, positive feedback, and we are there for you when you need us.

We understand that everyone is different. That’s why our team of real people carefully review applications and work with our customers to get the best result. Above all, there is nothing we love more than helping out an Aussie in need. When short term liquidity is holding you back from achieving your goals, you can count on Cash Today to lend a hand.

How we work

We offer choices for borrowing $1000 quickly and easily. We also have options for larger loan amounts of up to $25,000.

1: Firstly, you decide on the amount that you would like to borrow. Use our handy repayment calculator below to help you decide.

2: Secondly, you complete our easy online application. This takes less than 5 minutes.

3: Thirdly, check your email inbox to activate your account with just a few clicks.

4: Additionally, you’ll find out if you’ve been approved within just a few hours.

5: For the final last step, your money is transferred into your bank account that same day.

regular income
credit check

Loan Process – What we need from you

To approve your application, we need to check that you meet our lending requirements for instant approval loans.


You will need to be:

1: An Australian resident

2: Over the age of 18 years old (an adult)

To confirm this, we will ask for a copy of your driver’s licence and a utility bill showing your current address.


Can you easily repay the loan amount?

We would never want your repayments to put you under financial stress, so we check that can make repayments with ease.

To do this, we will verify you have regular income being paid into your bank account via your online banking.

To clarify, income can include payments from your employer, business, or government benefits such as Centrelink payments.

This is all done using a quick and confidential online process where you permit us to view read-only digital bank statements. No scanning or uploading files are required! 

Credit check

Lastly, we will usually perform a credit check. A good credit score makes it fast and easy for us to be confident in approving you.

However, some customers prefer to opt for a no credit check loan. That’s completely fine. We can also work with you in approving your loan without a credit check, as long as we can see that you meet our other lending criteria.

Frequently asked questions

Instant approval loans need cash today.

Can you tell me about the repayments and fees?

Once you get the email confirming you have been approved, your loan amount bank transfer will be automatically processed the same day. We can offer this as long as your application was submitted before 2 pm AEST.

Because different lenders can offer differing fee structures, it’s important that you understand your repayment amounts and direct debit schedule. Also, you will want to be aware of any fees charged for a short term loan. We will provide you with this information so that you can make the choice that is right for you.

Cash Today small instant loans are completely transparent when it comes to fees, and we take responsible lending seriously. Firstly, our quick easy Cash Today loans of up to $2,000 have the simple fee structure of a 20% establishment fee. We also require an additional 4% of the principal amount per month for the life of the loan. Amounts higher than $2,000 will have varying loar rates depending on your individual circumstances. See rates & fees here.

Secondly, you can check using our loan examples and repayment calculations below how much your repayments might be. This can help you make an informed decision about whether a cash loan with fast approval is right for you.

Thirdly, consider the ways that Cash Today may be more helpful than a traditional loan in some cases. You might look at savings over the life of the loan, simplicity, speed, or that repayments will be made via direct debit from your bank account for your convenience. This helps you to enjoy the peace of mind that you’ll never forget a repayment.

What about the super fast approvals?

Have you been wondering how can I get quick cash today? Is your top priority easy loans & instant approval? Did you think that it was impossible to secure loan approval within 24 hours?

Cash Today is different! When you need fast cash today, you don’t want to wait on lengthy approval times. Want instant approval loans – need Cash Today.

How can we offer such a fast lending option? Firstly, Cash Today offers cash loans where the application takes less than 5 minutes. Secondly, we will review your application within hours instead of days. Thirdly, once approved, with one click you’ll be immediately cued for same day instant bank transfer of your loan amount into your bank account.*

Our online application process has quick approval. It is ideal when you need fast cash now. This allows you to get approved for a loan today, whether you need $300 today or $3000. Additionally, you can easily use our repayment calculator to work out your repayments. You can also use it to see our transparent fees, and decide on a loan amount that is right for you.

We offer flexible payment options for our online loans. Also, our terms and conditions are easy to understand, and there are no surprises.

Instant approval loans, need cash today?

Cash Today has been servicing thousands of satisfied customers since 2006.  Offering quick loans today is what Cash Today does best.

Applying couldn’t be simpler! For instance, in just minutes you can submit your application to get a loan today. To make it even easier, you can use the device of your choice. So opt to complete the online application form on your phone, desktop, or even your tablet.

In addition, there is no complicated paperwork or pages and pages of forms to fill out. Lastly, you’ll be provided with all the details you need concerning the affordable repayments and our fees. So this will help you make an informed decision that’s right for you.

There’s a reason that Cash Today has been the lender of choice for when you need money today. This is because we help hundreds of customers every year. Another big point of difference is that Cash Today offers real service from a team of real people, not bots.

Also, we understand that you are more than your credit rating. Cash Today can work to help you get a cash loan with fast approval when you need it – whether you have bad credit, want a no credit check application, or are the recipient of Centrelink payments.

Have you received an unexpected bill, are you coping with an emergency expense, or has an opportunity has arisen and you just can’t let it pass it up? In this case, you can apply to get a loan today and may secure the money you need, when you need fast cash today.

I need money now. How could an instant money loan help?

Sometimes despite budgeting and planning, unforeseen events and circumstances deliver unexpected bills.  This could mean that you may need quick cash to deal with an emergency, jump on an opportunity, or avoid larger fees or late charges.

Are you in a situation where you find that you need extra cash within 24 hours? Can’t accept the hassle of long application times, or piles of paperwork? If you are in a rush, an online lender with instant approval has obvious appeal. Our fast cash loans, small loans, and instant online loans could be just what you need.

Why would I need a loan with fast approvals?

Unexpected expenses can surprise anyone. For instance, it could be medical expenses like a trip to the dentist. Perhaps you were surprised by a big electricity bill.

Alternatively, it may have been a small oversight such as having the wrong due date in your calendar for your car registration. Maybe you’ve been tracking along just fine with your finances but then your fridge, or washing machine broke down.

Another common occurrence is a renovation that goes over budget. Maybe you need extra material to keep the project running on time.

Another example is not wanting to say no to exciting opportunities. These situations may require funds right away, and would save you money long term. For example, something like a big discount on flights. Or a special offer on accommodation for that overseas holiday you had planned, for instance.

If you need money fast, you may have considered your credit card but had concerns about remembering to make repayments. But, while the appeal of this instant cash option can be tempting, cash advances on credit cards can be expensive. Alternatively, asking to borrow from family or friends may not be possible.

So, if you require cash today, a small online cash loan with instant loan approval might be an option worth considering. 

Will I get approved?

Fast approval for a loan requires just a few things. Initially, you will need to show that you are an Australian resident over 18 years old, employed (or receiving regular income), and have that income paid regularly to your bank account.

On a side note, applications for cash loans will usually consider your credit history, and bad credit may prevent us from being able to approve payday advance loans in some circumstances.

We do try to take into consideration all of the different factors in your application. If you have a bad credit rating but we can see that you meet all of the other lending criteria, we will do our best to approve your application. In this way we can sometimes offer payday loans for bad credit – instant approval.

Alternatively, if you would simply prefer a credit check didn’t appear on your credit history, we can work with you there too. We do offer personal loans online, instant approval, no credit check.

In conclusion, we love helping out Australians, but we do take our standards as a responsible lender seriously. If you aren’t sure that you can easily make repayments you can read our warning against borrowing here.

What documents do I have to provide?

Looking for instant approval loans & need cash today? We are happy to help!

We will need some information from you to make an approval decision fast. First, we will ask you to verify your legal identity and regular income to process any cash loans online, and then 90 days of bank statements will be required with your application. But don’t worry, this is done with an online verification system.

This is another great time saver. You don’t need to worry about downloading and attaching bank statement PDFs. Instead, this is all done online in seconds via your Netbank! The process includes a prompt to allow us read-only access to your bank statements for the last 90 days. And there’s nothing to be concerned about, as the process is entirely private and secure. This permission does not allow us access to your bank accounts or to save or see your banking login details.

We will also ask for a copy of your driver’s license, plus a utility bill showing your current address.

Is a Cash Today loan right for me?

There are many details to consider when deciding between different lending options. Only you can decide if a Cash Today loan is the right choice. We hope that by offering a simple fee structure with transparent terms and conditions, we can assist you in making the best well-informed decision possible.

We help hundreds of people every year access fast cash with minimum fuss. We’ve worked hard to streamline our processes so that we can offer quick application decisions.

So once we’ve reviewed everything, we can make an instant decision because we understand that sometimes life is unpredictable! Afterwards, it’s just one click, and our online payment system sets your loan amount to be released into your bank account that evening!

Before applying for a loan with us, we suggest that you make sure that you have explored all of your options. For example, you could take another look at your budget, and request free financial counselling, or there may be the option for a payment advance from Centrelink if you receive government benefits.

How much does it cost?

Our loans range from 7.24% to 19.99% for competitive rate personal loans which generally approved within 24 hours, but can be 48 hours if the lending team needs to request additional documents or information. Our emergency loans can be approved within hours and are 4% a month for loans up to $2,000 or 19% – 48% for loans up to $5,000.  You can view our loan rates & fees and calculate repayments here.

What is your renewal policy?

Cash Today does not offer to renew or refinance loans.

We understand that despite your best intentions, circumstances can change. You might find that you have problems making your repayments. In this case, it’s vital that you speak with us. Let us know what the problem is so that we can work with you to help you meet your obligations.

If you miss a payment or the direct debit fails, you may be charged additional fees or we may take further action. Also, you can view our procedures for non-payment here.

How can I get a payday loan instantly?

In need of quick cash and can’t seem to get it from any other source? You may be wondering how to get a payday loan instantly. Payday loans are a type of short-term loan that can help you tide over until your next employer pay date arrives.

Cash Today offer responsible payday loan alternatives which as SAAC and MAAC loans that offer quick approval decisions and payments once approved, and are easy to apply for. Once approved, funds will be released and deposited into your bank account via instant bank transfer.

More about Cash Today


We have been offering short-term credit contracts to Australians since 2006. Also, we operate under the Australian Credit License No: 387137. Consequently, we are dedicated to offering easy loans quickly but do so only if loan applications are in line with our criteria for responsible lending. Additionally, we are committed to abiding by the National Consumer Credit Protection Act 2009. You can read more about this here.

While it can be tempting to look to instant approval loans when you need cash today, we want to ensure that our online loans are the right fit for our customers. Unfortunately, some applications could be declined unnecessarily in automated systems, such as explainable data from bank statements. Consequently, our online application form approvals are done by real people. So you can be assured that the application process will consider the essential information for your loan.

We are happy to be able to offer a loan status within just a few hours of receiving a completed application form, as well as a full summary of fees and charges. Further, we have hundreds of happy returning customers because of our more personal approach to lending and reputation as a responsible lender. Our business hours are Monday – Friday, 9 am – 5 pm (excluding public holidays), and loan offers are processed fastest for applications submitted before 2 pm.

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