Why does the amount I have available to withdraw change every day?

How wage access works with FastForward

Each day, based on eligible income, you are likely earning a little bit of money each day but waiting until pay day to have the funds that you have earned deposited into your bank account. To help you bridge your expenses and pay days, we offer daily access to your eligible government or employment income to promote responsible borrowing. This approach helps ensure you don't borrow more than you can comfortably repay.

As an example, let’s say you are approved for a $300 credit limit in a monthly 30-day statement period. On the first day, your full availability will equal the daily amount of $10. If you don’t withdraw anything on day one, your available amount will increase by this daily amount. So, on day two, you'll have $20 available, $30 on day three. This pattern continues up to your $300 credit limit on the last day of your monthly statement period. Throughout the month, you are free to borrow, repay and re-borrow as many times as you need.

© 2024 MoneyUp. All rights reserved.

Financial Implications - MoneyUp offers the FastForward Line of Credit to Alberta residents only to a maximum APR (Annual Percentage Rate) of 30.4%.  Approvals are subject to MoneyUp’s review and underwriting guidelines which are subject to change at any time.


Here’s how a representative example of how the APR is calculated: A $500 FastForward Line of Credit advanced for 1 month at 0% interest, a one-time Transaction Fee of 2.5% for a total repayment including the Transaction Fee of $512.50. This total repayment assumes money is advanced with no optional service fees or default fees charged.

© 2024 MoneyUp. All rights reserved.

Financial Implications - MoneyUp offers the FastForward Line of Credit to Alberta residents only to a maximum APR (Annual Percentage Rate) of 30.4%.  Approvals are subject to MoneyUp’s review and underwriting guidelines which are subject to change at any time.


Here’s how a representative example of how the APR is calculated: A $500 FastForward Line of Credit advanced for 1 month at 0% interest, a one-time Transaction Fee of 2.5% for a total repayment including the Transaction Fee of $512.50. This total repayment assumes money is advanced with no optional service fees or default fees charged.

© 2024 MoneyUp. All rights reserved.

Financial Implications - MoneyUp offers the FastForward Line of Credit to Alberta residents only to a maximum APR (Annual Percentage Rate) of 30.4%.  Approvals are subject to MoneyUp’s review and underwriting guidelines which are subject to change at any time.


Here’s how a representative example of how the APR is calculated: A $500 FastForward Line of Credit advanced for 1 month at 0% interest, a one-time Transaction Fee of 2.5% for a total repayment including the Transaction Fee of $512.50. This total repayment assumes money is advanced with no optional service fees or default fees charged.

© 2024 MoneyUp. All rights reserved.

Financial Implications - MoneyUp offers the FastForward Line of Credit to Alberta residents only to a maximum APR (Annual Percentage Rate) of 30.4%.  Approvals are subject to MoneyUp’s review and underwriting guidelines which are subject to change at any time.


Here’s how a representative example of how the APR is calculated: A $500 FastForward Line of Credit advanced for 1 month at 0% interest, a one-time Transaction Fee of 2.5% for a total repayment including the Transaction Fee of $512.50. This total repayment assumes money is advanced with no optional service fees or default fees charged.