MyPayNow alternative

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The contents provided on this page are for informational purposes only and do not constitute financial advice. Consider your personal circumstances and objectives before making any financial decisions.

Looking for a MyPayNow alternative?

MyPayNow is one of the pay advance providers in Australia, offering access to a portion of your pay before payday. But it's not the only option.

Customers may look for alternatives to MyPayNow because of concerns around recurring fees, limited repayment flexibility, or the desire to find a product that promotes more sustainable borrowing habits.

What is MyPayNow?

MyPayNow allows you to access up to 25% of your pay ahead of payday. The service charges a 5% fee on your advance, plus interest of 24% p.a. until your advance is paid.

While it may seem like a quick solution to a short-term problem, frequent use could make it harder to stay on top of your overall financial health.

Why consider a MyPayNow alternative?

Finding the right pay advance service isn’t just about getting funds quickly — it’s also about choosing a solution that supports your financial wellbeing. You might want to consider an alternative if you are looking for:

Simple, upfront costs: Services that combine fees and interest can lead to higher total costs than expected.
Better repayment flexibility: Some providers offer repayments that are scheduled in smaller instalments based on your pay cycle, rather than taking the full amount as soon as your pay arrives.
Features that encourage responsible use: Look for products designed to help you manage borrowing sustainably, not encourage dependency.

A more transparent option: Beforepay

Beforepay offers a more transparent and ethical pay advance model. With Beforepay, you can borrow up to $2,000 with a fixed fee of 5%, no interest, and no late fees. You can only have one active advance at a time, and repayments are smartly scheduled based on your income.

Here’s how Beforepay is different:

Fixed, transparent fee: A simple 5% fee with no hidden charges or compounding interest
Repayment scheduling: Repayments are planned based on your real income
One advance at a time: Helping you borrow responsibly and avoid snowballing debt.

Customer pay advance scenario

Let’s say you receive an unexpected vet bill of $300 the week before payday.

With some services, you might be able to access 25% of your upcoming pay. On a $1,200 fortnightly salary, that’s $300. Plus, you’d pay a 5% fee ($15) and ongoing interest at 24% p.a. until it’s repaid. If you're unable to pay it back immediately on payday, interest continues to add up.
With Beforepay Pay Advance, you could request a $300 advance with a one-time 5% fee ($15) — no interest, no ongoing charges. Your repayments would be smartly scheduled around your income, helping you manage the cost without being hit by a lump sum deduction or extra fees if you need a little more breathing room.

Final thoughts

The right pay advance service should make it easier to manage your money, not harder. If you're looking for a simple, transparent way to access funds while keeping control over your finances, it might be time to explore an alternative. Beforepay is built to support your financial wellbeing — helping you move forward, not fall behind.

Disclaimer: Beforepay Group Ltd, ABN: 63 633 925 505. Beforepay allows eligible customers to access their pay and provides budgeting tools. Beforepay does not provide financial products, financial advice or credit products. The views provided in this article include factual information and the personal opinions of relevant Beforepay staff and do not constitute financial advice. Beforepay and its related bodies corporate make no representation or warranty, express or implied, as to the accuracy, completeness, timeliness or reliability of the contents of this blog post and do not accept any liability for any loss whatsoever arising from the use of this information. Please read our Terms of Service carefully before deciding whether to use any of our services.