Cashback Rewards
Earn up to 12% cashback on the cost of borrowing as a repeat customer, a benefit you will not find with cash advance apps or in-store payday loan providers.
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256-Bit
SSL Secured
Alberta
License #341941
24/7
Approvals
2-Minute
e-Transfer
Over 50,000 Albertans
helped in 2025
Key Takeaways
Borrow $100 to $1,500 with iCash, fully online, no storefront visit needed
Flat borrowing fee of $14 per $100, the maximum allowed under Alberta law
Repay in up to 7 installments (minimum 2), depending on your pay cycle, from 42 to 62 days
Funds sent by Interac e-Transfer in as fast as 2 minutes, 24/7, 365 days a year
iCash is fully licensed in Alberta and accepts all types of credit and income, including AISH, EI, and CPP
A payday loan is a regulated short-term loan that gives you access to a smaller amount of cash, typically $100 to $1,500, to cover an expense you were not expecting before your next paycheque arrives. In a city like Edmonton, where rent, groceries, and the cost of running a vehicle continue to climb, that gap between an unexpected bill and payday can be difficult to bridge without some form of short-term help.
In Alberta, payday lending is governed by the Consumer Protection Act, which sets maximum fees, licensing requirements, and borrower protections. Not all lenders operate the same way, though. Traditional payday loans require full repayment on your next pay date in one lump sum, which can put added pressure on an already tight budget. Lenders that offer an installment structure let you spread repayment across multiple scheduled payments, giving you more room to manage your regular expenses at the same time.
The entire process is available online in Edmonton, so there is no need to visit a physical location, wait in line, or take time out of your day.
Under Alberta law, the maximum a licensed payday lender can charge is $14 for every $100 borrowed. This is a one-time flat fee applied to the loan amount, not a compounding interest rate. Here is what that looks like in practice: borrow $200, and the fee is $28 ($200 ÷ 100 × 14). Your total repayment would be $228, spread across your repayment schedule.
Congratulations! Your loan is approved.
Getting approved for payday loans in Canada with us is simpler than you might expect. The application process is fast and straightforward. Here is what you need to help get started
Be at least 18 years oldBe a resident of any of the provinces in which we operateShow that you have been receiving the same source of income for the past three monthsHave a total net income of at least $800/monthHave access to an online bank account, in which pre-authorized debits can be performed*Have a valid Canadian mobile phone number, address, and email address (VoIP numbers are not accepted)
*Please note that KOHO accounts do not qualify as they do not support pre-authorized debits.
Payday Loans for AISH Recipients
We accept a wide range of income types, including employment wages, self-employment income, CPP and private pensions, Employment Insurance, disability income, child tax benefits, and provincial programs like AISH (Assured Income for the Severely Handicapped).
Our lending decisions aren't based on a person's score. We believe people are more than their credit score, which is why we're happy to work with Canadians who may not have the best credit.
To learn more about how we work and learn what to expect, you will find everything you need at What is iCash.
Earn up to 12% cashback on the cost of borrowing as a repeat customer, a benefit you will not find with cash advance apps or in-store payday loan providers.
Refer friends or family and earn rewards. As a customer in Alberta, helping someone you know is easy. See how the Referral Program works.
Rated 4.7 out of 5 on Trustpilot with over 3,000 customer reviews. Don't just take our word for it, find out what real customers across Canada are saying.
Apply, track your loan, and manage repayments right from your phone. Our app is rated 4.8/5 on the Apple App Store (22,000+ ratings) and 4.8/5 on Google Play (34,000+ ratings).
We focus on your current income and ability to repay, not just your credit score. We accept all types of credit and a wide range of income sources, including AISH, EI, and CPP.
Edmonton is Alberta's capital and one of Canada's largest cities, but that doesn't mean everyone here has easy access to traditional lending. The local economy leans heavily on oil and gas, government services, and construction, all sectors where shift work, seasonal contracts, and project-based employment are common.
When your income fluctuates or a paycheque is delayed, everyday expenses like rent, groceries, and car payments do not wait.
That is exactly the kind of situation we were built for: a short-term bridge to help you get the money you need to cover an unexpected expense without falling behind on your bills.
On paper, Edmonton looks like one of Canada's most affordable major cities, with rents below Vancouver, Toronto, or even neighbouring Calgary. But once you factor in housing pressure, vehicle costs, and a job market still tied to oil sector volatility, that headline affordability shrinks fast.
Edmonton's median household income is $90,000 (Statistics Canada, Table 98-10-0024-01, 2021 Census), yet much of that income gets absorbed by expenses that do not show up in the headline number.
As of early 2026:
Average rent for a two-bedroom apartment in Edmonton has climbed to roughly $1,500 per month, narrowing the gap with Calgary's higher averages.
Groceries for an average family run about $480 per month.
Edmonton residents using ETS (Edmonton Transit Service) pay around $102 for an adult monthly pass, with subsidized options available through the Ride Transit Program.
Most residents who drive can expect total vehicle costs of $700 to $900 per month, including fuel, insurance, and maintenance.
When your monthly budget is already stretched across rent, fuel, and groceries (and your income is tied to a sector as unpredictable as oil and gas), even a minor unexpected cost can throw everything off. That is the kind of gap iCash is designed to bridge.
In 2025 alone, more than 50,000 Albertans turned to iCash for short-term funds.
iCash serves borrowers right across the Edmonton Metropolitan Region. Beyond Edmonton, you can apply for a payday loan in St. Albert, Sherwood Park, Spruce Grove, or Leduc. It's the same fully online process, with funds sent by e-Transfer the same day.
Earn money every time you borrow with iCash! Our unique cashback program is designed to reward you for being a loyal customer and can help you save on future loan payments. After successfully paying off your first online loan, you'll receive 4% of the cost of borrowing credited to your account. You can earn up to 12% depending on how many iCash loans you have repaid.
Have more questions? Check out our full FAQ.
