MintMate-Préstamo en Efectivo is an Android application designed to facilitate cash loans for users in Chile. This free productivity tool allows users to apply for loans ranging from $100,000 to $3,000,000, with repayment terms spanning from 91 to 365 days. The app features a daily interest rate of 0.05%, an annual maximum interest rate of 18.25%, and a commission fee of 10% on the loan amount. Additionally, users should be aware of a VAT of 19% and an effective annual rate (APR) of 34.79% which applies to the loans.

To obtain a loan, users must be over 18 years old, possess a valid government-issued ID from Chile, and have a local bank account. The application process is straightforward: download MintMate, request a loan, and await approval. Once approved, the funds are transferred directly to the user's bank account. The app emphasizes user privacy and data protection, ensuring that personal information is secured according to high standards.