Does TymeBank Offer Loans?


A good question asked by many individuals seeking affordable credit solutions or loans.

A quick answer: TymeBank primarily offers savings and transactional banking services, and unfortunately, they do not provide traditional loans like personal loans, vehicle finance, or mortgages.

However, they do offer other various types of credit you might be interested in, which we’ll discuss in the next sections of this article.

Let’s dive right in.


MoreTyme is TymeBank’s versatile credit offering designed to provide customers with the financial flexibility they need.

With TymeBank MoreTyme, you’ll purchase goods and items from selected stores, take them home and pay later – more like a better version of the laybuy model.

All you need is the TymeBank app on your phone with a biometrically-verified TymeBank profile. When you open the app, look for MoreTyme. From there it only takes one tap to apply and activate MoreTyme with an instant answer.

MoreTyme gives you access to vouchers or funds to spend and repay within 60 days, interest-free, at any of the following selected stores.

Salary Advance:

TymeBank’s Salary Advance is a convenient credit solution tailored to help you bridge the gap between paydays and accessing of funds.

With Salary Advance, you can access a portion of your upcoming salary ahead of schedule, providing you with financial relief when it’s needed most.

Whether it’s covering urgent bills, unexpected expenses, or simply managing cash flow, the TymeBank Salary Advance offers a hassle-free way to access funds without waiting for your next paycheck.

With transparent terms and minimal fees, only R30, Salary Advance is designed to provide peace of mind and flexibility for customers facing short-term financial challenges.

Grant Advance:

TymeBank’s Grant Advance facility is specifically crafted to assist SASSA beneficiaries in maximizing the benefits of government grants and subsidies.

With the TymeBank Grant Advance, eligible individuals can access a portion of their anticipated grant funds before they are officially disbursed, providing immediate relief and financial support.

The Grant Advance ensures that you can access the funds when you need them most and repay when your grant is paid.

By offering quick and convenient access to grant funds, TymeBank empowers individuals to address pressing financial needs and achieve their goals with confidence.

They may introduce new products or services in the future, so it’s always a good idea to check their website or contact their customer service directly for the most up-to-date information.