ClearCash Loan

Are you in need of a convenient, ongoing solution to your funding needs? Look no further than ClearCash.

There are times when you can be caught short and find yourself in need of financing. Do you need your car repaired but it's still a week until payday? Forgotten that electricity bill was due? A fast loan solution can help you finance whatever you need and then gives you ongoing access to it should you need it again. ClearCash offers one such loan product, giving you access to up to $3,000 with no hidden interest or fees. Find out more about this loan in the review below and see if it's right for you.

Product NameClearCash Loan
Term of Loan4-12 months
Min Loan Amount$500
Max. Loan Amount$3,000
Interest Rate (p.a.) From 47.8% (fixed)
Turnaround TimeNext Business Day
RequirementsYou must have a steady income - Centrelink accepted but 50% or more of your income must come from employment & be over 18.

How does a ClearCash Loan work?

ClearCash provides fast, flexible loan solutions for people in need of them. You simply apply online when you're in need of a loan and find out if you're eligible. Once approved, ClearCash can give you access to your approved credit limit to you within one hour of you accepting your contract.

You can apply for a limit of up to $3,000, with your "available credit" being the difference between the total amount of credit available to you and your current account balance (what is owed to ClearCash).

Automatic repayments are set up from your bank account to help you repay your loan on time — no stressing about forgetting your repayment dates. Remember this is an ongoing line of credit so the account will remain open until you ask for it to be closed.

Features of a ClearCash Loan

  • Loan amount. Apply for a credit limit between $500 and $3,000, depending on your needs.
  • Top-up your loan or redraw. You can simply login to the member's area to see if you're eligible to increase your credit limit or top-up your cash.
  • Transparent costs. You'll be charged an interest rate of 47.8% p.a. and the other fees and charges depend on the frequency of your repayments. You will receive a full fee statement as part of your loan contract.
  • Flexible repayments. Repayments can be made weekly, fortnightly or monthly and are direct debited from your account automatically, so there's no need for you to remember to make them. You'll also see repayment reminders three days before so you know the money will be coming out.
  • Fast turnaround. You can apply online in a few minutes and find out if you're approved soon after. After you accept your contract, your credit limit can be made available to you within the hour.
  • Eligibility. You still may be eligible for a loan if you have defaults listed on your credit file or receive Government benefits. CashClear also considers current and discharged bankrupts.

Compare Other Short Term Loans

Whilst we don't compare this loan directly, here are some other loans that are similar.

Rates last updated February 24th, 2018
Name Product Max. Loan Amount Term of Loan Turnaround Time Costs Fortnightly Repayment $1,500 Product Description
Sunshine Short Term Loans
9-15 weeks
30 Minutes - conditions apply
20% of loan amount + 4% of loan amount each month
Apply online with Sunshine Loans and you could borrow up to $2,000 paid directly into your account. Family Business since 1999.
Wallet Wizard Smart Loan (Up to 2K)
Up to 2 years
24 hours
47.8% APR
Apply for up to $2,000 as a convenient line of credit.
Credit24 Short Term Loan
6-12 months
Same day
20% of loan amount establishment fee + 4% of loan amount monthly.
A loan with a quick turnaround time and generous loan term. To be eligible, Centrelink must not be 50% or more of your income.
Nimble Short Term Loan
62 days to 1 year
1 hour - conditions apply*
20% of loan amount + 4% of loan amount each month
Apply for up to $2,000 and have 62 days to 1 year to repay. Note: Centrelink must not be your primary source of income.
Ferratum Cash Loans
up to 6 months
Same Day if approved
20% of borrowed amount + 4% of borrowed amount each month
Ferratum lets you apply for up to $1,900 without a credit check.

Compare up to 4 providers

How you can apply for a ClearCash loan

If you're interested in applying for a loan from ClearCash, the first step is checking you meet the eligibility criteria (outlined below). Then you can submit your application form online.

You are still eligible if:

  • You receive Government benefits
  • You are currently, or have previously been, bankrupt
  • You have any defaults listed on your credit file

You need to provide the following information as part of your application:

  • How much you want to borrow and how long for
  • The purpose of your loan (temporary cash shortfall, debt payments, etc.)
  • Your income and expenditure
  • The last 90 days of your banking statements or your internet banking details
  • Personal details including your residency status and your age
  • Whether you have missed any loan repayments in the last six months

How can I contact ClearCash?

If you'd like to get in contact with ClearCash to discuss your account or a new loan, you can find their phone number conveniently located in the top right hand corner of their official website.

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121 Responses

  1. Default Gravatar
    JoshApril 24, 2017


    Do you accept joint applicant loans from $1000 – $2000? I’m on centrelink looking for work and my partner is working while getting centrelink.

    • Staff
      HaroldApril 25, 2017Staff

      Hi Josh,

      Thank you for your inquiry.

      Generally, Centrelink payment is accepted but 50% or more of your income must come from employment & be over 18. Should you need an additional option you may want to consider to check this page.

      I hope this information has helped.


  2. Default Gravatar
    paulApril 10, 2017

    I’m on Centrelink payments fortnightly am I eligible for a personal loan, please?

    • Staff
      LiezlApril 10, 2017Staff

      Hi Paul,

      Thanks for getting in touch. Please note that is an online comparison service and is not a product issuer.

      If you would like to discuss your eligibility or options for a loan, please compare your loan options, make sure you meet the requirements and then get in touch with a lender featured on this page.

      I hope this has helped.


  3. Default Gravatar
    NinaMarch 13, 2017

    Hi i have 2 credit cards i need a loan for so i can pay them off

    • Staff
      LouMarch 14, 2017Staff

      Hi Nina,

      Thanks for reaching out.

      If you are looking to consolidate your credit card debts, you can compare your debt consolidation options here.


  4. Default Gravatar
    GabriellaJanuary 30, 2017

    How do we put 2 applicants on the one loan application

    • Staff
      LouJanuary 30, 2017Staff

      Hi Gabriella,

      Thanks for your question.

      ClearCash is for personal loan application only. If you are looking for a joint personal loan, please check and compare your options here.


  5. Default Gravatar
    DaneJanuary 3, 2017

    I am currently solely on Newstart allowance and am hoping to borrow a small amount for my car, is this a possibility

    • Staff
      MayJanuary 3, 2017Staff

      Hi Dane,

      Thanks for your question.

      Borrowers who receive Centrelink payments are eligible to apply with ClearCash, however, 50% or more of your income must come from employment and should be over 18. You can also review the criteria and get more information from our guide on this page for your other options.

      Hope this helps.


  6. Default Gravatar
    DezAugust 25, 2016

    Hi there I have a monthly income of 1464 and truth no bills my partner is with a trustee and it’s all prepaid by them need a loan of 1000 for a doctor and previous micro loan help!!!!!!!

    • Staff
      ElizabethAugust 25, 2016Staff

      Hi Dez,

      ClearCash offers flexible eligibility criteria with its loans so if you show you have the capacity to repay you may be eligible. If you have specific questions regarding your eligibility you should get in contact with ClearCash directly, or if you’d like to apply you can submit your application on the ClearCash website.

      Hope this helps,


  7. Default Gravatar
    ChantalJune 27, 2016

    I would like to borrow $3000 and pay it off over 12 months, what would my repayment be weekly.

    • Staff
      LouJune 27, 2016Staff

      Hi Chantal,

      Thanks for your question.

      I’ve sent you an email with a link to ClearCash page where you can view a sample weekly repayment schedule for your desired loan amount.

      I hope this helps.


  8. Default Gravatar
    AmyJune 15, 2016

    500 loan

    • Staff
      ElizabethJune 15, 2016Staff

      Hi Amy,

      If you’re looking to apply for a $500 loan from ClearCash you can submit your application on the ClearCash website, just make sure you meet the minimum eligibility criteria.

      Hope this helps,


  9. Default Gravatar
    February 3, 2016

    i need a apply so i can get a loan

    • Staff
      ElizabethFebruary 3, 2016Staff

      Hi Sam,

      You can submit your application directly on the ClearCash website.

      I hope this has helped.



  10. Default Gravatar
    samanthaJanuary 22, 2016

    i m try for a loan

    • Staff
      ElizabethJanuary 25, 2016Staff

      Hi Samantha,

      If you’d like to apply for a loan you can submit your application directly on the ClearCash website. Remember to check you meet the eligibility criteria before you apply.



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