Wage Advance

Access your wage early

Get the money you've already earned, instantly.

* Terms and eligibility criteria apply. Subject to ongoing suitability checks. Representative APR: 47.1%. Representative example: Loan amount £100. Fixed fee: £8. Interest: 0%. Repayment period: 62 days. Total loan repayment: £108.

How it works

Once approved, it takes less than a minute for your money to get into your account.

Choose your amount

The easiest way to get the money you've earned ahead of payday. Receive £100 of your pay as soon as you’re approved with us for a small, one-off, fixed fee. You can then just repay when you get paid!

Get paid instantly

No long wait times; we know you need your cash pronto. As soon as you've hit 'Advance now', we send you the cash direct to your bank account. There isn't a faster way to get your pay now. While there are other fast cash options out there, like payday loans, they don’t get approved as quickly and often come with high fees. Wagetap simply provides you with the money you’ve already earned for a small, one-off fee.

Repay on your next pay day

We pride ourselves on being transparent and fair with our repayments. No late or hidden fees. Cash out today, and repay on your next pay day! Repayment doesn’t have to be a stressful situation with Wagetap. Get the money you need, pay your expenses, and pay us back with no worries.

Wage Advance

How does wage advance work? faq dropdown arrow

It's simple, you cash out your pay early and repay up to 62 days later. Just take an advance on the app, and we’ll process it right away. Then, we’ll instantly send it to your account so you can pay your debts and expenses.

How often can I take an advance? faq dropdown arrow

You can take an advance once every pay cycle. Once you have successfully repaid your advance on payday and we have received your payment, you can take another advance.

How much can I advance? faq dropdown arrow

If you meet our eligibility criteria, you will be able to access £100.

How much does it cost to take an advance? faq dropdown arrow

For every advance there is an £8 credit broking fee payable to Wagetap. When you receive a £100 advance, then your repayment is £108 including the £8 fee . There are no additional fees, hidden fees or late fees.

What is the representative APR? faq dropdown arrow

Representative APR: 47.1%. Representative example: Loan amount £100. Fixed fee: £8. Interest: 0%. Repayment period: 62 days. Total loan repayment: £108.

Can I get my funds instantly? faq dropdown arrow

Yes, you should receive your funds instantly. Most advances take minutes to become available. In some rare circumstances, it may take up to 24 hours to hit your account. This is due to the configuration of the banking provider.

Why haven't I met the eligibility criteria? faq dropdown arrow

Before you can take an advance with us, we check that you meet our eligibility criteria to ensure that we are lending responsibly. If you are not eligible this time, this could be for a few reasons.

Here are the most common reasons:

• You have not connected a transacting account that your wages are deposited into.
• You don't meet the minimum income requirement (£870/week)
• Your wages are not paid by your employer's payroll (not as bank transfers).
• Your wages are not consistent, meaning you aren't consistently paid weekly, fortnightly or monthly.
• You have too many gambling expenses on your account.
• You have too many dishonour fees on your account.
• You have too many payment reversals on your account.
• Your recent expenses and repayment history have not passed our eligibility criteria.

We run our eligibility criteria frequently and reassess your account's eligibility. This means, even if you have taken a loan with us previously, this does not guarantee you'll be able to make another loan with us and will be subject to passing our eligibility criteria.

I’ve taken an advance before, why can’t I take another one? faq dropdown arrow

Even though you've taken an advance with us in the past, this doesn't guarantee you'll be able to make one in the future - this is dependent on meeting our eligibility criteria.

This can happen if there are changes to your circumstances. If you’ve taken advances before and you no longer can make sure to check our eligibility criteria. If you’re still running into issues, be sure to get in touch with our support team.

How can I become eligible? faq dropdown arrow

If you haven't met our eligibility criteria this time, you can definitely try after your next payday. Don't worry, we'll let you know when you're eligible. We recheck eligibility on a regular basis. If you have any questions about our eligibility criteria, feel free to reach out.

Am I Eligible?

See if you meet our lending criteria below

Who can access Wage Advance?

Access up to £100
You have connected a transacting account that shows your wages.
You have regular consistent wages, minimum of £870/week.
Your recent expenses and repayment history have passed our eligibility criteria.
See our full list of eligibility criteria in the FAQs. Please note: our criteria are subject to change.

See our full list of eligibility criteria here. Please note: our criteria are subject to change.

What customers are saying about Wagetap globally

Wagetap Limited (FRN 1024314) is an Authorised Representative of Creative Finance Corp Ltd (FRN 702435). Wagetap Limited is permitted to provide credit broking and debt collection services on behalf of Creative Finance Corp Ltd.