Qualifying form

At BonusBuddy it is our mission to give you more value for your money. Our bonus loans give you the financial independence to spend your bonus the way that you want to without having to wait.

What makes the bonus loan so unique? BonusBuddy is the first financial lender in South Africa to offer this service! The bonus loan enables you to borrow on your annual bonus in the form of a unique short-term loan.

Why wait to enjoy your bonus when you can start enjoying it today?


  • With a bonus loan you get some of your bonus now. It is a bridging loan on your bonus
  • Pay the loan back on your bonus month as a once-off payment – nice and easy!
  • A bonus loan has no effect whatsoever on your monthly budget
  • Fast turnaround time - receive your bonus loan in 12 to 48 business hours.

Who can apply?

Government employees can apply for a bonus loan during any month, presuming it is two months (60 days) before their bonus month. As your bonus is equal to your gross salary, we do not need any further supporting documents.
Non-Government employees who receive their bonus in November or December are able to apply. This means you can apply during October presuming it is 2 months (60 days) before your bonus.

Basic Loan Requirements

  • You have to be between 18 and 65 years old
  • You must receive your bonus within the next 2 months (60 days)
  • You must have a bank account and acceptable credit profile
  • Employment history of more than 2 years at your current employer
  • Contribute towards a provident, pension or retirement fund
  • Your expected bonus must be more than R10,000
  • You cannot currently be under debt review, debt counselling or debt administration

Do I QualifyApply Now

How to Calculate your Expected Bonus Amount

Government Employees
You may use your gross salary amount on your payslip and apply for a maximum of 20% (or R5,000) thereof.

Year-End Bonuses
You need to calculate 20% of your expected bonus. If the result is between R2,000 – R5,000, you may apply for that amount. Maximum amount is R5,000.

The amount that you apply for may not exceed 20% (or R5,000) of your expected bonus. This is your bonus amount only and does not include your normal salary on the bonus date.

Example: If your salary is R15,000 and your bonus is R15,000, you must calculate 20% of R15,000 and not R30,000. This means you can apply for a maximum of R3,000.

Representative Example

Bonus Date

25 June 2021

Bonus Amount


Must be more than R10,000 – How to calculate your bonus amount link

Loan Application Amount


Loan amount may not exceed 20% of your bonus amount with a further limit of R5,000 and no less than R2,000.

Estimated Repayment Amount


This is an estimate only and may vary from the actual repayment amount.

Minimum and Maximum Repayment

A bonus loan is a once-off loan that is borrowed within 2 months (60 days) of your bonus and repaid in full during your bonus month.

There are no deductions, no hidden costs – what you see is what you get.


Should you be unable to make your repayment, we will always try to make alternative payment arrangements as debt collection and legal costs are very expensive and are billed to your account.

Should these attempts fail, we will continue with the normal debt collection legal route and the necessary status will be updated on your credit profile.

Fees Disclosure & Accreditation

SanFen Trade CC is a registered credit provided with the NCR. Registration number: NCRCP 323. You can visit the NCR website at www.ncr.org.za. We are also a proud member of the MFSA: www.mfsa.net.

Loan repayment occurs as a once-off payment when you receive your annual bonus. The maximum interest rate is charged at 5% with an annual rate of 60%. Your rate and initiation fee is fixed, however, your level of indebtedness can impact your total borrowing amount. Should you not meet our credit criteria, we will offer a lower borrowing amount.

An illustrative example of a loan of R2,000 at an interest rate of 5% plus a monthly service fee of R60 and an initiation fee would have an approximate total of R2,579. T&Cs apply.

Contact Us

For more information, contact us on +27(0)41 922 8843, email us on info@bonusbuddy.co.za or visit us at our physical address at 73 Caledon Street, CBD, Uitenhage, 6229.

Please complete the form below to start the application process.

Application form

Files will never be uploaded. You can see the code here.
When are you receiving your bonus?*
You must be receiving your bonus in 60 days