Get the funds you need, when you need them

Living in Adelaide means juggling everyday costs with the occasional unexpected expense. Whether it’s car repairs, a health bill or a gap between paydays, Wallet Wizard offers a smarter way to stay in control with our flexible smart loan up to $8000 which offer similar great features to a line of credit loan.

Unlike a traditional loan, our online loan works similarly to a line of credit loan - acting as a financial safety net when you need it. Apply once, and if approved, you’ll have ongoing access to funds as needed, provided you meet our redraw eligibility and requirements.

A smarter way to apply

Our clever Wallet Wizard smart decisioning process makes things easier and faster. It reviews your application details in real time to help give you a quick outcome. Once approved, your available funds will be transferred directly into your account, usually in minutes* ready to use.

What is a credit limit?

A credit limit is the maximum amount of credit we agree to make available to you under a contract with us. The amount is based on our assessment of your situation and income. If approved, we will offer a credit limit that is right for you.

What is my available credit?

Available credit is the difference between your credit limit and your current account balance. Your current account balance is the amount owing to Wallet Wizard.

What is a redraw?

A redraw is the available credit that you can apply to access. It’s the difference between your credit limit and your current account balance. Your current account balance is the amount still left to pay.

When am I eligible for a redraw?

You become eligible to apply for a redraw when you are up to date with your repayments and;

your available credit is the lower of $500 or 25% of your credit limit.
- For example: if you have a $5000 credit limit then your available credit will need to be at least $500 to be eligible for a redraw
- For example: if you have a $1000 credit limit then your available credit will need to be at least $250 to be eligible to apply for a redraw. OR

if you have elected a minimum redraw amount during your last loan approval, when your available credit reaches the elected amount.

How can I apply for a redraw?

You can log in to the Wallet Wizard Members’ Area at any time to see if you’re eligible to apply for a redraw. Once you’re eligible, simply submit a redraw application via the Members’ Area and follow the prompts. It’s super-fast and easy!^#

Can I increase my credit limit?

You can apply to increase your original credit limit, up to a maximum of $8000. Your credit limit is the maximum amount of credit we initially agreed to make available to you under your contract with us. To apply for an increase to your credit limit, simply log in to the Wallet Wizard Members’ Area anytime to see if you’re eligible. If eligible, you can apply by following the simple instructions in the Members’ Area for a fast assessment and decision. If approved, the amount offered is based on our assessment of your current situation and income.

What do I need to apply?

If you’re in Adelaide and ready to apply for our smart loan, you’ll need to meet the following basic requirements:

Be at least 18 years old
Be a resident in Australia
Have a regular income and a valid bank account

You can complete the whole application online in just a few minutes, with no paperwork needed.

Can I borrow if...

...I have a low credit score or have been knocked back before? We look at your current financial situation, not just your credit history to make a fair decision. If you meet our eligibility criteria and your finances support it, you may still be approved.

Apply for a smart loan similar to an online line of credit loan in Adelaide

Ready to apply? Our online process is quick, transparent and built for Adelaide locals who need access to fast funds – without jumping through hoops. Apply today and see what your Smart Loan limit could be.

Apply Now

Credit Corp Financial Services Pty Limited trading as Wallet Wizard ABN 39 146 525 706 Australian Credit Licence 400871
Osko^® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.

The minimum loan amount is $500 with a repayment period of 6 months. The maximum loan amount is $8,000 with a maximum repayment period of 27 months.
Representative Example: Total repayments for a $2,000 loan over 13 monthly repayments is $2,736.11. (Interest cost: $736.11 & Fees: $0)
Calculations based on the Wallet Wizard Smart Loan – Continuing Credit Contract annual percentage rate, which is currently 47.8% per annum.

^*If approved your money will be in your account within minutes of contract acceptance, 24 hours a day if your bank supports Osko® payments. If your bank doesn't support Osko payments, deposit can be made in 1 hour if your contract is accepted before 2:30pm (Sydney time) on a business day. Outside of business hours, funds will be deposited the next business day.

^#Subject to eligibility approval.

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Member of Australian Financial Complaints Authority

Design and Distribution Obligations
As a responsible issuer and distributor of financial products, Wallet Wizard designs its products so they are likely to be consistent with the likely objectives, financial situations and needs of the consumers for whom they are intended, and takes steps to ensure that consumers are receiving products that are likely to be consistent with their likely objectives, financial situation and needs. We have prepared a Target Market Determination in accordance with the Design and Distribution Obligations under Pt 7.8A of the Corporations Act 2001. A copy may be obtained free of charge by writing to us at PO Box 4475, Sydney, NSW, 2001, emailing us at hello@walletwizard.com.au, or calling us on 1300 925 538.

We acknowledge the Traditional Custodians of the land on which we work and live and their connection to land, sea and community. We pay our respect to their Elders past and present, and extend that respect to all Aboriginal and Torres Strait Islander peoples today.