Instant Cash Loans on Centrelink (2023)

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Small loans from $300 – $5,000 approved.

  • Borrow from $300 to $5,000
  • Outcome in 60 seconds
  • Flexible Repayments
  • 100% Online

Last updated on September 8th, 2022 at 10:03 am by Thomas Perrotta

Instant cash loans on Centrelink

If you’re looking for a small loan to cover unexpected expenses such as medical costs, car repairs or appliance replacements, you’ve come to the right place.

At Savvy, we’re here to help customers on Centrelink benefits get approved for the financing they need quickly and easily. We partner with flexible lenders who can work with your personal financial situation, regardless of your government payments or credit score.Best of all, you can get approved and have the money sent to you as quickly as 60 minutes. Get started with your application now through Savvy and have your expenses covered today.

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Instant Cash Loans on Centrelink (1)

Features and benefits of instant cash loan

Borrow from $300 to $5,000

Amounts are available for as little as $300 all the way up to $5,000, making them appropriate for a variety of uses and expenses.

Flexible accepted income sources

We work with a wide range of income streams, whether that be employment and benefit income or up to 100% Centrelink-based.

Rapid turnaround time

With an outcome in 60 seconds and same-day transfer of funds (as quickly as one hour), you can get on top of your expenses fast.

Repay over as long as two years

As part of your loan, you can set your repayment time between 16 days and two years to suit your income needs and keep your loan manageable.

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Fixed repayments

You can be certain that your repayments will stay the same from month to month, as they’re based on fixed fees and don’t rely on interest.

No paperwork

You don’t have to worry about mailing or handing in any physical documents when applying, as the whole process is conducted over the internet.

Why choose Savvy for your instant loan?

Instant Cash Loans on Centrelink (2)

100% online application process

The entire application process, from start to finish, is online and can even be completed from your smartphone, making it accessible wherever you are.

Instant Cash Loans on Centrelink (3)

Instant lender matching

After receiving your initial application, our advanced online technology gets to work matching you with a lender that best fits your situation.

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Transparent fees

There aren’t any hidden charges associated with your loan: once you receive your contract, you can see all its fees and what they’ll cost.

What types of Centrelink benefits do you consider?

There are a whole range of different types of benefits that can be included as part of your total annual income when applying for an instant cash loan. These include:

  • Aged Pension
  • Disability Support (NDIS) Pension
  • Veterans’ Affairs Pension
  • Carer Payments
  • Parenting Payment
  • Child Care Subsidy
  • Family Tax Benefits A and B
  • JobSeeker payments (when supplementing Family Tax Benefits)

However, it’s important to be mindful of the fact that not all Centrelink income streams are accepted. If you receive the following, these will not be counted towards your total annual income when applying for an instant cash loan:

  • JobSeeker payments (in other circumstances)
  • Youth Allowance
  • Austudy
  • Abstudy

The reason that these aren’t accepted in the same way that other forms of Centrelink payments are is that they’re not considered stable income. These are conditional based upon being in a certain employment or study position, which could change. For example, JobSeeker applies to people who are unemployed and looking for a job, with recipients becoming ineligible to receive it once they find employment.

Similarly, Youth Allowance has an age cap and is (in some cases) contingent on looking for work. This means that recipients of these payments could feasibly lose an income stream after taking on their loan if it were accepted.

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How to apply for your instant cash loan with Savvy

Complete our application form

Receive an instant outcome

Send through your documentation

Sign your final agreement

Your instant cash loans on Centrelink questions answered

What can I use an instant cash loan for?

There aren’t really any restrictions on what you can use your instant cash loan funds for. You’re free to distribute the funds how you like, whether that be for an emergency, car repairs or something as simple as furniture.

You can even use a cash loan to consolidate debt if you have credit card bills piling up that you’re struggling to manage. You won’t be able to use a cash loan to directly pay off another cash loan, however.

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How do I ensure I get my funds on the same day?

There are a few things you can do to maximise your chances of fast, same-day approval. Firstly, applying as early in the day as possible is a simple yet effective way to do this, as it will be at a far lower risk of being processed overnight compared to applying in the evening. Also, having your documents ready to go ahead of time will save on any hold-ups.

Am I eligible to apply for a loan?

Same-day cash loan applicants must be at least 18 years of age and hold citizenship or permanent residency. They must also be able to display a regular, consistent income over the past 90 days in the form of their bank statements.

How much will my instant cash loan cost?

Small loans come with two main fees: an application fee and ongoing service fees. An application fee is a one-off charge evenly distributed throughout your monthly repayments worth up to a maximum of 20% of your loan amount (capped at $400 for loans above $2,000). Ongoing fees are charged with each instalment at a rate of 4% of your loan amount (capped at 48% p.a. for loans above $2,000).

Can I pay off my loan early?

Yes – cash loans come with no early repayment fees, which means you can pay it off as quickly as you like without incurring additional fees. This is a great way to potentially save hundreds of dollars on ongoing fees. However, you will have to pay your application fee in full as part of paying off your loan early.

Are there any alternatives to an instant cash loan if I’m on Centrelink?

Yes – as a Centrelink recipient, you may be eligible to apply for a cash advance on your benefits and have funds taken out of future payments. The amount you can borrow varies depending on your personal Centrelink situation and changes from year to year.

For example, while Age and Disability Support Pension and Carer Payment recipients are eligible for advances over $1,000 every six months, most other benefit types are only eligible for a maximum of $500. However, these are only suitable for smaller amounts and can’t extend up to $5,000 like cash loans.

Can I get an instant cash loan with no credit check if I'm unemployed?

No – you can’t get an instant cash loan with no credit check, even if you’re unemployed. Reputable lenders always run checks of your borrowing history before approving any loan.


The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.

For small loans of less than $2,000, the Annual Percentage Rate (APR) is not applicable. Minimum term is 16 days and the maximum term is 12 months. The cost of the loan is a 20% establishment fee on the amount borrowed and a monthly fee of 4% charged on the amount borrowed. For example, a $1,000 loan borrowed over 6 months is a total of $1,440 ($1,000 principle, $200 establishment fee and $240 in monthly interest). Monthly repayment is $240.

For medium loans between $2, 001 and $5,000, the APR is between 21.24% (minimum) – 48% (maximum) per annum. Comparison rate of 65.4962%. Minimum term is 42 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $3,000 over 3 months with an APR of 48%, (comparison rate of 65.4962%), will have an establishment fee of $400, monthly repayments of $1,225.20. Total repayments of $3,675.60 and total interest payment $275.60

warning:A comparison rate indicates the true cost of a loan. Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.

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Can you get a cash loan on Centrelink? ›

If you are on Centrelink benefits, providing a consistent income, you can qualify for a Cash Direct loan by completing our easy application online, found here. Provide your personal details, income and expenses, how much you need to borrow and how long you'd like to repay the loan.

What is the most I can borrow from Centrelink? ›

You can get a fortnightly loan payment up to the full 150% of the maximum rate of your qualifying pension. If you are Age Pension age or older, your qualifying pension will be the Age Pension.

What app can loan me 250$ quick? ›

Brigit lets you borrow $250 the same day you apply for it — provided your application is submitted before 10 a.m. EST. To use the app's cash advance function, you have to pay a monthly fee. However, Brigit does have free access to financial experts to help you structure your spending within your budget.

How can I borrow cash immediately? ›

If you need to borrow money immediately, the most popular options are personal loans, cash advances online, payday loans, pawn shop loans, and banks or credit unions. But be careful with cash loan options that promise you a quick loan with no credit check.

Does Beforepay accept Centrelink? ›

In order to Cash Out with Beforepay using our Pay On Demand™ service, you must meet the following eligibility criteria: You make at least $300 in income after tax each week. (Note: Centrelink and other types of government benefits cannot make up more than 50% of your income.)

What is the $4000 Centrelink payment? ›

Eligible pensioners will receive a one-off $4,000 boost to Work Bonus balances from 1 December, 2022. The $4,000 bonus will lift the income cap lift from $7,800 to $11,800 for eligible pensioners.


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