Why choose Wallet Wizard


  • Redraws available
  • Allows additional repayments
  • Loan terms of up to 2 years


  • High interest rate
  • May charge a late payment fee
  • No branch access

Wallet Wizard Personal Loans

Loan amount


Loan term

credit score icon

Credit score

Don't know your score? Find it out here.

Sort by


All filters

Loan amount
Loan term
Credit score

Don't know your score? Find it out here.

Loan type
Security type

Type of lender

Include all products?


We provide links to some financial institutions. If you click through to a financial institution, you can get more product information, apply for or purchase the product and RateCity may earn a fee for referring you. This is one of the ways RateCity makes money and how we can offer our comparison service to you for free. See how we make money for more.

Personal Loans calculator

Use our personal loan calculator to see how much you’d have to repay under different borrowing scenarios.


Your estimated repayments


based on a $30,000 loan for 5 years at -

Total loan repayments


Total interest charged


Features of a WalletWizard personal loan

WalletWizard's ‘Smart Loans' operate much like a line of credit. It gives you access to between $500 and $5000. Like other short-term loans, ‘Smart Loans’ offer a high-cost, quick fix borrowing solution.

Unlike some payday loan providers, WalletWizard does not charge establishment, ongoing, or service fees, but does charge late fees. WalletWizard earns money by charging high interest rates.

Because the 'Smart Loan' is a continuing credit contract, the account will stay open until you request to close it. You can continue to request access to your available credit when the account is open. 

WalletWizard allows redraws and additional repayments.

Borrowers can use WalletWizard for purposes such as buying a new car, paying medical bills, or covering unexpected expenses.

WalletWizard personal loans – customer service

WalletWizard does not operate physical branches, so customer service must be accessed over the phone or by email. Customers can contact WalletWizard's customer service 24 hours a day, 7 days a week.

Applying and Eligibility

Who is eligible for a WalletWizard personal loan?

  • People aged 18+
  • Australian citizen or Australian permanent resident

How to apply for a WalletWizard personal loan?

  • Choose your credit limit.
  • Complete the online application form.
  • Provide contact details and identification.
  • Submit your application and wait for a response.
  • Read your contract carefully.

WalletWizard personal loan review

Short-term loans, sometimes called cash loans or quick loans, are a high-cost borrowing option. Because their fees and interest rates tend to be very high, borrowers should be wary. Using short-term payday loans could put borrowers at risk of an ongoing cycle of debt that is difficult to overcome.

WalletWizard personal loans, called ‘Smart Loans,’ do not charge establishment or ongoing fees, but do charge a high interest rate and late fees. The interest rate is much higher than those of standard personal loans. The longer it takes for a customer to pay off the balance, the more interest customers will pay.

Although WalletWizard performs a credit check on applicants, bad credit borrowers may still be approved. WalletWizard serves a variety of customers, but customers should be comfortable with their loan and customer service operating entirely online.

About our expert

Did you find this page helpful?

^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.