There are no changes to your existing loan terms, balance, or repayments. You can continue to use your loan just like before.
We are simplifying our services with this lower cost, flexible product that’s been designed with you – our customers – in mind. With no upfront or monthly fees and flexible, ongoing access to your money as you need it, we’re thrilled about the Cashies Loan.
We will no longer offer a Cash Advance product.
From 25 September 2025, we will no longer have a personal loan product available for loans of less than $2,050.
A Small Amount Credit Contract is a fixed term product under $2,000 which provided customers with access to a one-off lump sum. The Cashies Loan is available for those that want to borrow a minimum of $2,050 and want a loan which can be used for ongoing and unexpected purchases over time.
The Cashies Loan is a continuing credit contract which allows multiple redraws for ongoing needs whereas the Small Amount Credit Contract is a lump sum advanced to fund a one-off expense. In addition, the Cashies Loan is a longer term credit contract which allows for payments over a 36 month period whereas the SACC has a fixed term of 12 months. In addition, the Small Amount Credit Contract has a 20% establishment fee.
You can still apply for a Small Amount Credit Contract until the product is removed from our site. This will happen on 25 September 2025.
There are no changes to your existing loan terms, balance, or repayments. You can continue to use your loan just like before.
A Medium Amount Credit Contract is a fixed term product between $2,050 to $5,000 that provides access to a one-off lump sum. The Cashies Loan is available for those that want to access amounts from $2,050 (up to $10,000 for existing customers) and want a loan that can be used for multiple purchases. The Cashies Loan is a continuing credit contract. In addition, the Medium Amount Credit Contract has an upfront establishment fee of $400 whereas the Cashies Loan does not have any upfront establishment fees.
Yes, you may be eligible for a Cashies Loan if you have an existing Small Amount Credit Contract or a Medium Amount Credit Contract with us. As long as you meet the eligibility criteria for the Cashies Loan and your total borrowings with us don’t exceed $7,950.
Whilst a customer with an existing SACC (Small Loan) or MACC (Medium Loan) can apply for a Cashies Loan, if you have an existing Line of Credit product you will not be able to. This is because the Cashies Loan is a continuing credit contract. Our existing Line of Credit product has been revamped and rebranded and is now called the Cashies Loan.
The main changes to the product are:
If you already have a Line of Credit with Cashies, you may be able to redraw or apply for a credit limit increase (minimum credit limit of $2,050).
Yes, all finance products can continue to be managed through My Loans.
We are fully committed to meeting our customers’ needs and transitioning customers to the lowest cost product options. This product does not have an upfront fee plus it offers greater flexibility. It can be used for multiple purposes.
The Cashies Loan comes with a standard redraw facility, use of which is optional. There is no negative impact if a customer chooses not to use this feature.
The Cashies Loan is available to you if you:
Existing customers will need to apply through My Loans to access the $10,000 limit.
You can give us a call on 13 22 74 and have a chat to one of our friendly team members. Otherwise, head in-store and the team will be more than happy to help you.
No, your existing hardship arrangement continues as it is.
