1,547 reviews
AI reviews summary
The overall sentiment for Wallet Wizard is highly positive, with most users praising the speed and simplicity of the application process. Customers frequently report receiving funds within an hour of approval, making the service a popular choice for emergency or short-term financial needs. However, a segment of users has raised serious concerns regarding high interest rates, rigid automated rejection systems for redraws, and technical limitations with specific bank integrations.
Pros
Cons
Verdict
Wallet Wizard is a highly efficient service for users needing immediate access to small loans through a seamless digital interface. While it excels in speed and ease of use, potential borrowers should be wary of high interest costs and the risk of automated rejections due to specific banking platforms or rigid credit assessment algorithms.
I have been a customer of Wallet Wizard since 2018. I recently applied for a redraw and was kept up to date with either sms or emails.The customer service I received was very good. Show details
I was at the point I could apply for a redraw of available funds and Wallet Wizard made it so easy for me to do so. Now I’m caught up on bills and my pantry is fully stocked again. Thanks so much Wallet Wizard.
I have found wallet wizard to be very professional and extremely helpful with any inquiries. Also repayments are affordable. I am very happy that I chose wallet wizard. Show details
Reviews with attachments
So easy it's almost cheat code in loans – The staff are very respectful application was fast and easy all done online with no hassles.
Great deals and excellent customer service – The application was quick and easy,customer service and feedback received from the team has been very concise, positive and helpful. The loan amount offered and repayment schedule meets all of my needs and is affordable and flexible. Great work and thank you..I wouldn't hesitate in recommending Wallet Wizard. Show details
Making a loan with Wallet Wizard – Quick and simple. As long as you have all your credentials you won't go wrong. Follow the steps. My alone was approved on the 3rd day as I applied on a holiday. They only pay on a non public holiday. If you need it straight away do it then. I can do a withdraw on credit once it reaches $500. You will receive credit the same day after applying. I… Read more
have been with Wallet Wizard for 3 year's and have had no problems with getting a loan and redraw. I never had to talk with customer service unless there was a problem with a question I answered, which was corrected straight away. Had no problems with applying or neither was there extra costs. I am a very satisfied customer and that's why I gave my rate for Wallet Wizard.
Awesome ! will be using again – excellent service and quick response very grateful thankyou very much
Welcoming and easy – Good payback ways and can cash out again if payed back some really cool
Wallet Wizard is very easy to get approved for, with minimal requirements and a light credit check, which can make it feel like a quick solution when you’re short on options. However, it’s not really a loan in the traditional sense, it’s a high-interest debt trap. With interest around 48%, most repayments go toward interest, not the balance. You… Read more
can be paying regularly and still see very little reduction in what you owe. Be prepared for high ongoing costs and a long, frustrating payoff unless you refinance out quickly
I have been a Wallet Wizard customer for 8 years so I have been relatively satisfied with my experience. That is, until I changed banks and tried to apply for a redraw. While the source of the technical issue is the third party credit engine provided by Experian, my frustration as a customer is with Wallet Wizard who only permits manual uploads… Read more
of bank statements from a specific list of banks and mine is not one of them. The only solution Wallet Wizard can offer me is to change banks and wait another 90 days before applying to redraw. As an existing customer of many years, this is unsatisfactory, especially as they already have the necessary evidence for determining my ability and capacity to meet the repayments.
Latest follow-ups
First time in three years I get declined on my wizard smart loan on a redraw. Perfect repayment history, circumstances have improved. Disappointed. I now realise its best to pay it off entirely the debt as the interest rates are too high.
Follow-up · Ever since i have always been approved for redraw. Very happy with the customer service
Always a relatively easy application process. However i would like to see a comments section, either after each financial question or at the end of the application, that helps support the application. Cash withdrawals seem to be assumed as money for… Read more
gambling. Even in 2026 there are some places that dont have eft facilities, especially in regional towns, hard to believe i know but true. My cash withdrawals were for exactly that. I dont gamble or take recreational substances. The question regarding expenses for dinning out, taxis, pay tv etc, doesnt accept a zero amount. I had to enter an acceptable amount before i could proceed further. BUT, i dont dine out, i have no need for taxis & would never use pay tv. These may seem minor, but answers determine if a loan is approved or not.
Follow-up · As explained in my original review, many places in regional towns, especially small businesses dont use EFT. There is a fish & chip shop & a noodle shop that only take cash. Mainly because of the EFT fees. So if i want fish & chips for dinner i have to get cash out from the bank. But in the application, cash out seems to be assumed as money for… Read more
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I have never experience issues with Wallet Wizard. Rapid response time, money deposited fast and easy to navigate. Repayments not unreasonable. Love this place.
Follow-up · I just wanted some money to play with :D They are an incredible company, and I have been dealing with them for 5 years plus with zer issues. They ROCK
Recent reviews
Wallet Wizard is straightforward and easy to use/understand. I would recommend this service to anyone who needs it. There were no hidden costs or nasty surprises.
I have available credit for redraw, but they use the same old answer that they cannot approve my redraw request because they are responsible lender. Despite I have made the repayment in-time. They won't be supportive when I am in the situation that needs the money the most. I sent email enquiry about this and they asked me to call then send email… Read more
then call. Pushing me around with no empathy at all. If I could rate their service and empathy 0 star, I would do that straight away.
I've been dealing with Wallet Wizard since 2017 and have had no problems at all, customer service is great and inquiries are dealt with immediately. I would highly recommend them if needing help.
Great service but the delay in payment updates is a bit frustrating. Having to wait 2 or 3 business days when other businesses update instantly makes it inconvenient. Also chat support is a great feature and makes it easy to get help.
Whether getting a redraw from a current account or requesting a loan from Wallet Wizard if you are honest with your answers to their easy questions it only takes a matter of minutes to be approved. I have been with Wallet Wizard since 2016 and have been extremely happy with their customer service and have never been asked for extra charges. Their… Read more
contract is straight forward with no hidden costs. I would strongly recommend them to anyone who needs that extra bit of finance for unexpected problems or celebrations.
Great experience , easy process , fast approval. Needed it due to moving and it saved me big time. Very happy with the service over the phone aswell. Always helped first time . No issues or delays. Show details
Quick and easy process with nothing complicated when applying. I've used wallet wizard for loans numerous times and am extremely happy with them every time. The repayments are always modified for my income and interest rates reasonable. They're great and I highly recommend them.
Any time I have any problems they are easy to get in contact with, they all are always polite and my issues are resolved. I am very grateful for there assistance to me with my loans. Show details
Find out how Wallet Wizard compares to other Short Term Loans
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Easy application, friendly staff and received the funds within an hour. Affordable repayments and low interest rates makes life much easier when in need of extra cash for unforeseen circumstances. I highly recommend wallet wizard to anyone in need of financial aid Show details
Previously i had rated 3 stars as i had originally applied for a loan, got approved and then switched banks from anz to anz plus. Which was not a bank that could download bank statements with wallet wizard, therefore was unable to reapply/redraw on loan. This has now been added and yesterday applied and got approved again even though i had a few… Read more
times that i hadnt made a payment (had paid the overdue with an easy text service that alllws you to state how much and when to make up what was missed) they still approved the redraw thankfully, was a quick and easy process and had the money within 20 minutes. Great service.
I am thankful and grateful for all the financial assistance all these years. I highly recommend. As long as you on time with your payment. Thank you wallet wizard.
A good company helped me out again. But you could make the application a little less stressful. When it comes to verifying living costs. You already have them from my bank statement
Wallet Wizard, repayments are very manageable, the process is made easier by their ability to identify any current financial obstacles that may or may not impede the loan. The money is deposited into your account very quickly. I have never experienced any hidden costs, process done quickly, and most instances I've not needed to talk to anybody.
Hi there this is Michael Shane West. I've been with . Wallet Wiz. For quiet some time. Know. And they have always been there. For me . I really appreciate their help. I highly recommend it to anyone.
Thank you so much, Wallet. Wizard for giving me a chance and helping me everybody needs a lift up sometimes and you provided that with helping me I am super grateful. Thanks again w wizard
Customer service was extremely helpful even during the Christmas period I was genuinely amazed at how fast the process was from start to finish with funds in my account.
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