5 loans like Nyble in Canada

Nyble is a relatively new company in Canada that offers credit lines of up to $250 to help you borrow money fast and avoid overdrafts.

If you’d like to consider loan options other than Nyble, we’ve compiled a list below of apps or sites like Nyble. These providers offer rapid emergency funding, but you may pay more in interest.

Cash advance apps like Nyble in Canada

1. KOHO

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KOHO Cover

$20 – $250
Loan amount

Starting at 0%
APR

Flexible
Term

• Info
• Pros + Cons
• Details

Get a zero-interest cash advance ranging from $20 to $250 when you pay a 0% interest with a subscription fee starting at $2/month. You'll need a KOHO account to access this service.

• No late fees
• Zero interest
• No impact to credit score
• Free financial coaching service

• KOHO account required
• Monthly fee(s)

Loan amount	$20 – $250
APR	Starting at 0%
Term	Flexible
Fees	0% interest with a subscription fee starting at $2/month
Turnaround time	Immediately

2. Bree

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Bree Early Pay

$20 – $350
Loan amount

Starting at 0%
APR

Next pay cycle (65 days max)
Term

• Info
• Pros + Cons
• Details

Similar to Nyble, Bree lets you borrow a small amount of up to $350 to help you cover expenses until your next payday. You won't have to pay any interest, but there's a small monthly subscription fee plus an extra fee if you need funding within a few minutes.

• Easy application process
• No credit checks
• 0% interest and no late fees

• $2.99 monthly membership fee
• Loan amount may not be enough for your needs
• Extra fee for fast transfers
• May not improve your credit, unlike Nyble

Loan amount	$20 – $350
APR	Starting at 0%
Term	Next pay cycle (65 days max)
Fees	0% interest with a $2.99 monthly membership fee
Turnaround time	Receive funds within 5 minutes with express delivery (the fee is based on the advance amount) and up to 3 business days for standard delivery.

Payday loan apps like Nyble

1. iCash

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iCash Payday Loan

$100 – $1,500
Loan amount

7 – 62 days
Loan Term

2 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

iCash provides quick funding and accepts non-employment income like Nyble. You can get e-Transfer funding in as little as 2 minutes after approval. Unlike Nyble, iCash provides payday loans so you can borrow more but at higher rates.

• 4.4/5 stars based on over 2,500 Trustpilot reviews
• 4.8/5 stars based on over 16,000 reviews for iOS
• 4.7/5 stars based on over 26,000 reviews for Android
• Get money in as little as 30 minutes
• Get funded 24/7

• Payday loans are expensive
• Short repayment terms
• Not available in all provinces

Loan amount	$100 – $1,500
APR	Varies by province
Term	7 - 62 days
Min. Turnaround time	As little as 2 minutes with Interac e-Transfer
How to apply	Online In Store
Credit Check	Yes

2. Cash Money

Read review

Cash Money Payday Loan

$100 – $1,500
Loan amount

5 – 40 days
Loan Term

15 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

Cash Money offers higher loan amounts (and higher rates) than Nyble through its payday loans. It's possible to get instant approval and funding in as little as 15 minutes when you use the Cash Money app.

• 4.2/5 stars based on over 500 reviews for Android
• Instant decisions
• Fast access to funds
• Established lender with A+ Better Business Bureau rating

• 2.1/5 stars based on over 100 reviews for iOS
• Not available in all provinces
• High cost of borrowing

Loan amount	$100 – $1,500
APR	Varies by province
Term	5 - 40 days
Min. Turnaround time	As little as 15 minutes with INTERAC e-Transfer
How to apply	Online In Store
Credit Check	Yes

3. PAY2DAY

Read review

PAY2DAY Payday Loan

$300 – $1,500
Loan amount

Up to 62 days
Loan Term

60 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

PAY2DAY is another Nyble alternative that offers instant loans through its app. Like Nyble, you won't have to undergo a credit check to get approved and PAY2DAY is open to many types of income.

• Get cash in 1-2 hours
• 4.7/5 stars based on over 4,900 Trustpilot reviews
• 24/7 online approvals and funding
• 3.6/5 stars based on over 30 reviews for iOS

• No Android app available
• Not available in all provinces
• High cost of borrowing
• Short loan terms

Loan amount	$300 – $1,500
APR	Varies by province
Term	Up to 62 days
Min. Turnaround time	Within 1-2 hours via e-Transfer once approved
Credit Check	No

How does Nyble compare?

You can read our Nyble review for details, but here are the highlights:

How does Nyble compare with payday loan apps?

Nyble, and apps most similar to Nyble, have several similarities and differences with payday loan apps:

Similarities

• Fast funding. With both types, it’s possible to get your money within an hour of applying.
• Flexible requirements. You can qualify using government benefits or private pensions as income and sometimes you won’t need to go through a credit check.
• Easy online application. Use the app to apply for funding within minutes.

Differences

• Payday loans are more expensive. You’ll pay $14 to $17 for every $100 borrowed, which works out to annual percentage rates (APRs) in the triple digits.
• Payday loans have higher loan amounts. You can borrow up to $1,500, while apps like Nyble usually cap at around $350.
• Payday loans are usually faster. You can get instant approval and funding 24/7 with some payday lenders. Learn more about instant loans.
• Payday loans do not allow rollovers. With Nyble, if you don’t have enough money to repay your loan, you can choose to repay it next month or the month after. Payday lenders cannot offer this.

How do I sign up for apps like Nyble?

To sign up for Nyble or apps like Nyble in Canada, you’ll need to provide:

• Your name, email address and phone number
• Your date of birth
• Your bank account details
• Proof of ID

Nyble vs Bree

Nyble and Bree are two pay advance apps in Canada that are not payday loans. Here’s how the two compare:

Bottom line

Nyble is one of a few companies in Canada that allow you to borrow a small amount with no interest. If you’re looking for apps most similar to Nyble, consider Bree and KOHO. Other apps that provide quick funding for emergencies include Cash Money, iCash and PAY2DAY, but these loans will cost you more.

Written by

Leanne Escobal

Publisher

Leanne Escobal is a publisher for Finder. She has spent over 11 years working with financial products and services, specializing in content and marketing. Leanne has completed the Canadian securities course (CSC®) as well as the personal lending and mortgages course by the Canadian Securities Institute. She has a Bachelor of Arts (Honours) in English literature and creative writing from Western University. See full bio