Apps & Loans Like Bree in Canada

Bree is an online-only lender that provides cash advances of up to $750. Launched in 2021, it aims to provide Canadians with a low-cost way to avoid overdrafts and NSF fees.

If you’d like to explore apps or sites similar to Bree, check out our list below.

Jump to:

• Cash advance apps like Bree
• Payday loan apps like Bree
• Personal loan sites like Bree

Cash advance apps like Bree in Canada

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Payday loan apps like Bree

Note: Bree is not a payday loan, but it does have features similar to payday loans. Payday loans have higher amounts than Bree, and their APRs are in the triple digits.

Personal loan alternatives to Bree

Which apps are close to Bree?

Nyble and KOHO are apps very similar to Bree. Like Bree, these apps offer small loan amounts and don’t charge any interest. Payday loan apps like iCash and Wagepay offer higher loan amounts and faster funding, but you’ll pay $14 for every $100 borrowed, which works out to annual percentage rates in the triple digits.

Payday loan apps vs cash advance apps like Bree

	Payday loan apps like Wagepay and iCash	Cash advance apps like Bree and Nyble
Loan amount	Up to $1,500	Up to $750
Loan term	By your next payday	By your next payday, or roll over to the following months
Cost	Can be more expensive: $14 for every $100 borrowed	Can be cheaper: You pay no interest on these loans, but you may pay a monthly fee.
Speed	Usually instant or in under 30 minutes	3 business days or instant if you pay a fee
24/7 funding	Available	Available
Eligibility	Age of majority, linked bank account, bank statements and pay stubs sometimes required	Age of majority, linked bank account
Credit check	Sometimes required	Not required
Application process	Online, in-person or sometimes through an app	Through a web or mobile app
Payment method	E-transfers or direct deposit	E-transfers
Repayment method	Automatic withdrawal, cheque or in-person with cash	Automatic withdrawal from your bank account

Dive deeper: Best cash loans in Canada

How does Bree compare?

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

How do I sign up for apps like Bree?

Sites like Bree require the following information:

• Name, email address and phone number
• Date of birth
• Linked bank account via bank verification

Must read: Best loan apps in Canada

How do I get approved for sites like Bree?

Apps like Bree usually don’t involve any credit checks, but lenders will still need to verify that you can pay back their loan. To get approved for loans offered by these lenders, show them that your bank account doesn’t have NSF transactions in the last 60 to 90 days, and it has regular income deposits from valid sources, such as employment, government benefits and private pensions.

Which cash advance app features do Canadians want?

According to data from a past Consumer Sentiment Survey by Finder, Canadians who are open to using cash advance apps care most about cost, speed and accessibility. The top feature was zero interest (14%), followed by zero or low monthly fees (9%) and instant funding (9%). Other valued features included 24/7 access to funding (8%) and no credit check requirements (8%).

Bottom line

Bree is a lender in Canada that offers small loans to help you pay for unexpected bills and avoid overdrafts. It charges no interest or mandatory fees. If Bree isn’t an option for you, consider other cash advance apps, such as Nyble or KOHO.

These apps typically max out at $750. If you need higher loan amounts, try online personal loans like Loans Canada. Payday loans also exist and provide instant funding, but they’re extremely expensive, so it’s best to avoid them.