Emergencies

Need Help Paying For an Unexpected Emergency?

Wagetap Can Help!

Get Fast Cash with Our App

Are you short on cash after having an emergency come up? Unexpected emergencies are stressful enough, especially when you add financial stress to the mix. Instead of worrying about the financial side of things, let Wagetap help you pay your emergency bills. With Wagetap, you can get a wage advance to cover your expenses and get the breathing room you need. Ready to leave financial stress behind? Download Wagetap today to access our features and read on to find out how it works.

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Wage Advance

Instant Cash to Pay for Unexpected Emergencies

It’s impossible to predict when an emergency will happen. Even if you’ve saved up some money for emergencies, it might not be enough. Of course, there are always plenty of scenarios where you don’t have the extra cash to save for emergencies, putting you in a tough spot when one does come up.

Wagetap can help with these situations. With our wage advance, you’ll get up to $2,000 of your wage when you need it most. You can use this toward the emergency, or to cover some other expenses while you deal with the emergency.

How it Works

3 Easy Steps to Access Your Wage

1. Visit your app store and download Wagetap today. You can find our app on the Apple App Store and the Google Play Store. Easily access your wages right from your phone.

2. We just need a few details to verify you, it’s fast and easy. Once you’re set up you get access to our convenient features. It’s that simple.

3. Access your pay instantly for just a small fee. You don’t have to wait to access your wages. Just pay us back when your next payday comes around.

Eligibility Requirements for Emergency Assistance

There are certain criteria in place to be eligible for our wage advance features. Being eligible now doesn’t guarantee your eligibility in the future. If you don’t meet one of our eligibility requirements, you may be unable to utilise our features. Please feel free to reach out to our support team if you have questions about your status.

Here are the requirements that need to be met to qualify for Wagetap’s emergency assistance features:

A connected account that allows direct debit transactions

A minimum income of $800/month

Wages paid by an employer's payroll

Consistent wages on a weekly, fortnightly or monthly basis

You may also lose eligibility if:

More than 50% of your wage is from sources such as Centrelink and other government payments

You have too many gambling expenses

You have too many dishonour fees

You have too many payment reversals

Your recent expenses and repayment history have not passed our eligibility criteria

Please note that we reassess user eligibility regularly.

Download Our App to Get Started!

Emergencies can disrupt even the most carefully planned budgets. Don’t let the financial side of emergencies make a stressful situation worse. With our wage advance features, you can get that extra cash you need to help get things under control. Wagetap also has a useful split bill feature for certain common monthly bills. While you can’t use our split bill feature for emergency expenses, there are plenty of other bills that you can split into more manageable payments. You can use our wage advance feature and split bill feature at the same time to help out even more. Download Wagetap today on the Apple App Store or Google Play Store. It only takes a few minutes to set up your account and get started.

It’s Like Buy Now Pay Later But for Emergency Relief

If you’ve ever used a buy now pay later app, you’ll be relatively familiar with Wagetap’s fast-cash features. The difference is that typical buy now pay later apps are used for shopping expenses while Wagetap offers assistance for bills, emergency relief and other necessities.

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Wage Advance

How does wage advance work? faq dropdown arrow

It's simple, you cash out your pay early and repay on your next pay day. Just submit your request, 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 withdraw? faq dropdown arrow

You can withdraw once every pay cycle. For eg., if you are paid monthly, you will be able to withdraw once every month. Once you have successfully repaid your withdrawal on payday, you can start withdrawing again. The activity section of your app will show you details of your repayment date and status. If your payment situation changes, you can update it. This way you can get your wage advance when you need it most.

How much can I withdraw? faq dropdown arrow

You will be able to withdraw up to $2,000 based on your eligibility. If you’d like to withdraw less, you can easily do so. Just enter the amount and wait for the money to hit your account.

How much does it cost to make a withdrawal? faq dropdown arrow

Each transaction has a 5% withdrawal fee and an interest fee of 24% p.a. That means if you withdraw $100, your withdrawal fee will be $5. The processing fee depends on the size of the loan and when you repay your loan. This can vary but is typically between 40c to 90c. There are no hidden fees or late fees.

Can I get my funds instantly? faq dropdown arrow

Yes, you should receive your funds instantly. Most withdrawals 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 make a withdrawal 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. (A transacting account is an account that allows direct debits. We need this so we can process repayments.)
• You don't meet the minimum income requirement ($800/month)
• Your wages are not paid by your employer's payroll (not as bank transfers).
• Your Centrelink payments make up more than 50% of you wages. (We also don't accept other government payments such as pension payments as wages)
• 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 made withdrawals before, why can’t I make another one? faq dropdown arrow

Even though you've made a withdrawal 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 made withdrawals 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.

Download Wagetap today