Looking for a personal loan to improve your house or get a new car… is not difficult while there are a lot of lenders in Australia. Wallet Wizard is one of the best lenders offering personal loans in Australia. This article, we guide you can get Wallet Wizard personal loans in some steps. 

Wallet Wizard personal loans
Wallet Wizard personal loans are offered with Automatic payment

In the previous post, Loansaustralia.net introduces people to some of the necessary information that is useful for getting the Macquarie Credit Union personal loans, to get more information people can read the article Macquarie Credit Union personal loans are offered with the best interest. Now, let find knowledge about loans of Wallet Wizard in the post today.


Just like a lot of article posts about the personal loans in Australia, as well as each type of loans such as Gateway Bank personal loans, People’s Choice Credit Union personal loans, Macquarie Credit Union personal loans…. this post about the Wallet Wizard loans also includes some main parts. They are:

1. Some requirements to apply for Wallet Wizard loans

Customers can do steps and submit the online application in website of  Wallet Wizard to apply for a Wallet Wizard Smart Loan. Customers need to meet the following eligibility criteria to apply:

  • Customers need to be a permanent resident of Australia
  • Customers need to be over 18 years old
  • Customers need to receive Centrelink payments
  • Customers need to be current or discharged bankrupt

To complete the online application, customers need to part with different kinds of personal information, which includes some documents following:

  • The complete name, phone number, residential address, and date of birth of customers
  • The details of the Australian passport, Medicare card (any two), driver’s license of customers
  • The employment details
  • The financial details

2. Some benefits of Wallet Wizard loans

Simple and not picky: No complicated papers or long forms. Just a quick and simple online application. After that, the smart online technology can make a decision in minutes and customers can get money into their account within an hour.

Lower repayment: Pay the loan in equal portions and pay interest only for outstanding balances. No credit fees and sustainable repayment terms mean that the repayments are more affordable.

Loans you can trust: Forget unpleasant surprises. Surprise charges are unhappy. But members of the Wallet Wizard don’t need to worry about one thing. Wallet Wizard declares all previous fees so customers can rest easy.

Pay. Customers can make additional refunds at any time and they will receive reminders via SMS and email three days before the refund is due.

Automatic payment. Customers will not have to remember to pay their debts each time it is due, as they are debited from the bank account automatically assigned on the scheduled maturity date.

Transparent interest rate. Wallet Wizard transparent with its interest – customers will be charged 25.8% interest.

Apply to redraw and refill your loan. If customers want to access more than their available credit limit or increase that amount, customers can log in to the online membership area at any time to do this.

Quick approval. The online application does not take long to complete and once you provide all the necessary information, the Wallet Wizard’s loan tool goes through your login information gives the appropriate loan amount and make plans for repayment.

Prepaid cards. Access your approved amount more easily with the Visa Wallet Wizard Card. When you are approved and returned your loan, you can order your card through the member’s area.

Macquarie Credit Union personal loans
Wallet Wizard personal loans are offered with Automatic payment

3. The interest rate and fees of Wallet Wizard loans

Product Name Wallet Wizard Smart Loan
Minimum Loan Amount $500
Maximum Loan Amount $5,000
Arrears Fee $10
Loan Term Up to 2 years
Turnaround time 24 hours
Costs 25.8%


  • Customers get $5,000
  • Loan term 1-year
  • The interest rate is 25.8% p.a. 
  • Application fee: $10
  • Monthly fee: $0
  • The total amount payable is $6,300 including interest and fees
  • Each month, customers need to pay $525

This post is about loans of Wallet Wizard. We provide this information to offer you some of the necessary information that is useful for getting loans from there. Also if you are looking for information about the personal loans from Gateway Bank, please refer to the Gateway Bank personal loans link we just provided in the previous article.

Anita (Team Content) – Wallet Wizard personal loans