{"id":1003236,"date":"2023-01-10T17:39:06","date_gmt":"2023-01-10T22:39:06","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=1003236"},"modified":"2026-03-11T11:19:25","modified_gmt":"2026-03-11T15:19:25","slug":"bree-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/cash-advance-apps\/bree-review","title":{"rendered":"Bree Review: Cheap Cash Advances (With Slow Delivery)"},"content":{"rendered":"
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\nRelated: <\/span>Cash advance apps in Canada<\/a>\n<\/div>\n<\/article>

What is Bree?<\/h3>

Try Bree is a Y Combinator startup that was founded in 2021. It offers interest-free cash advances to help you avoid bank overdraft and NSF fees when you get low on funds. Its mission is to help Canadians move toward financial wellness.<\/p>

Is Bree legit?<\/h3>

Bree Technologies is based in Toronto, and its business registration can be found in the BC government\u2019s business registry. It has verified LinkedIn, Crunchbase and Trustpilot profiles. Its website also features the usual legal documents you\u2019d expect to find on a legitimate business website, such as a privacy policy and detailed terms of use.<\/p>

Bree uses Flinks to review your bank statements. Flinks is a Canadian company that helps financial businesses, such as lenders, securely connect to people\u2019s bank accounts to review their information. Bree never accesses your login details.<\/p>

Is Bree a payday loan?<\/h3>

No, Bree is not a payday loan. It\u2019s a cash advance app. Payday loans let you borrow amounts between $100 \u2013 $1,500, and it costs $14 for every $100 borrowed, which works out to rates in the triple digits. Bree, on the other hand, lets you borrow $20 to $750 at no cost if you opt for slow funding and don\u2019t leave a tip.<\/p>

This makes a Bree loan much more affordable than a payday loan.<\/p>

Bree vs payday loan<\/h3>

Below is an example of the costs associated with a $750 loan<\/a>, depending on the option you choose.<\/p>
Product Details<\/th>Bree \u2013 standard delivery<\/th>Bree \u2013 instant delivery<\/th>Payday loan<\/th><\/tr><\/thead>
Loan amount<\/strong><\/td>$750<\/td>$750<\/td>$750<\/td><\/tr>
Loan term<\/strong><\/td>9 days (but can be extended up to 90 days)<\/td>9 days (but can be extended up to 90 days)<\/td>9 days<\/td><\/tr>
Cost<\/strong><\/td>$0<\/td>$45.99<\/td>$14 for every $100 borrowed<\/td><\/tr>
APR<\/strong><\/td>0%<\/td>No interest, but the transfer fee is equivalent to 249% APR<\/td>568%<\/td><\/tr><\/tbody><\/table>

Bree cash advance features<\/h3>
Feature<\/th>Details<\/th><\/tr><\/thead>
Rates and fees<\/td>
  • 0%<\/span><\/li>
  • No late fees<\/li>
  • Tipping optional<\/li><\/ul><\/td><\/tr>
Loan amounts<\/td>$20\u2013$750<\/td><\/tr>
Loan terms<\/td>Next pay cycle (90 days max)<\/td><\/tr>
Serviced provinces<\/td>All provinces and territories<\/td><\/tr>
Requirements<\/td>