Automatic Protection
Automatic Protection
When you're paid below average, we top you up.
SteadyPay links securely to the bank your pay goes into. We work out your average pay.
Every payday we check to see if you were paid below average.
When you’re paid below average, we advance you money to make up the difference. The top-ups are interest free.
We'll prompt you to make a repayment when you get paid. You can repay the minimum or repay more.
The top-ups smooth out your pay. You no longer have to deal with drastic reductions in pay.
The top-ups give you predictable, reliable pay. This allows you to budget with confidence for everyday expenses.
The top-ups prop up your income when you take time off to get over a cold or to relax on holiday.
We don’t think you should be burdened with debt. That’s why we operate as a subscription credit service.
You keep receiving top-ups provided you remain within the credit limit, make repayments and keep your subscription up to date.
Before SteadyPay I worried about getting sick and not being able to work and losing income. Not anymore. I can take sick days and my pay is covered.
When I took time off, I'd have to use my savings to get by. I'd prefer to use my savings on a home. The top-ups mean I'm no longer out of pocket for taking time off.
I was about to Google payday lenders to cover the shortfall when I realised, I was with SteadyPay. What a relief this was for me and my family. All our direct debits are scheduled to come out on a Tuesday, we wouldn’t have been able to pay our rent.
We don’t charge interest or a bunch of rip-off fees. We’re a subscription service. Think Netflix of Spotify but for personal finance. We have one, low, weekly fee which gives you access to credit for topping up your pay.
You keep receiving top-ups so long as you stay within the credit limit. The minimum top-up is £25.
You can end the subscription at any time. You must repay any top-up you still owe.
Amount borrowed (top-ups)
Rate of interest charged
Subscription fee for 12 months
Total amount paid for 12 months
Representative example
| Interest charges | Account fee | Late/missed payment fee | Exceed credit limit fee | Subscription | |
|---|---|---|---|---|---|
| Overdraft |  |
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| Credit card | |
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| Payday Loan | |
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| SteadyPay |  |
Charges for exceeding overdraft by £100 for a week
£76Overdraft charges in 2018
£2.3 billionCredit card debt in October 2018
£72.6 billionTime to repay credit card debt making minimum repayments
26 years & 7 monthsCost of a payday loan
1421% APR
You must be a UK resident, at least 18, employed, have a current account with a UK bank, and not have significant or multiple county court judgements for debt.
As part of the signup process we'll provide you with an explanation of SteadyPay’s features and your rights and obligations as a customer. Please read these and the FAQ before signing up.
The FAQ may have the answer. If you need further information or assistance, let’s chat.
View our FAQ
Live chat. Click the icon at the bottom right of this screen. You can also chat with us from inside the app.
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