The best prepaid credit cards are reloadable, earn rewards, have minimal fees, and allow you to make in-store purchases, pay bills online, send e-transfers, and more. Many or all of the products featured here are from our partners who compensate us.
What prepaid cards are available in Canada?
- National Bank® World Elite® Mastercard® credit card. APPLY NOW.
- Scotiabank Gold Amex Card. APPLY NOW.
- TD® Aeroplan® Visa Infinite* Get this card.
- BMO CashBack® World Elite®* Mastercard®* APPLY NOW.
- SimplyCash® Card from American Express. APPLY NOW.
- KOHO Prepaid Card. APPLY NOW.
- Neo Cashback Rewards Mastercard.
- SCENE Visa Card.
Do Visa gift cards exist in Canada?
Although your gift card will not be accepted at locations outside of Canada, it is welcome at wherever Visa cards are accepted within Canada. You will notice on some cards the phrase “ELECTRONIC USE ONLY” printed on the front of the card.
Do prepaid cards still exist?
Access your money anytime with ease
A reloadable Visa Prepaid card is the quick, easy and secure way to pay online or in person. The all-purpose Visa Prepaid card is a prepaid card that you can use to withdraw cash, pay bills or make purchases anywhere Visa Debit cards are accepted, in-person or online.
How can I get cash from a prepaid Visa card in Canada?
Yes, you can use your Card and PIN to obtain cash (subject to limits) at any Automated Teller Machine (ATM) in Canada or around the world where the Visa symbol is displayed for a service fee (please see Cardholder Agreement). Or you may use your Card to take a cash advance at any financial institution that issues Visa.
Does Canada have vanilla card?
The Vanilla® Prepaid Mastercard® and Visa® cards are prepaid cards available for purchase at Walmart Canada stores.
Which is the best prepaid card in Canada?
4 best prepaid credit cards for 2022
- KOHO Premium Prepaid Mastercard. $84. Learn more. Welcome bonus. $0◊
- KOHO Easy Mastercard. 4.2 (13) User reviews. $0. Learn more. Welcome bonus.
- Mogo Visa* Platinum Prepaid Card. 3.0 (7) User reviews. $0. Learn more.
- CIBC AC Conversion Visa Prepaid Card. 1.4 (9) User reviews. Rates & fees. See below.
What is the most popular gift card in Canada?
With that in mind, here are the best gift cards in Canada that will make for a thoughtful gift.
- Amazon Gift Card. Where To Get Them: Retail stores, online, gift card exchange.
- Walmart Gift Card.
- Sephora Gift Card.
- Home Depot Gift Card.
- Playstation Gift Card.
- Xbox Gift Card.
- Best Buy Gift Card.
- Uber Gift Card.
Is there Walmart gift card in Canada?
Walmart Canada gift cards
Available card amounts include $5, $10, $25, $50, $100 and $250 denominations. Your Walmart gift card balance never expires, so you can use part of it now and save the rest for later.
Does Canada have Amazon gift card?
Amazon.ca Gift Cards are available in participating retail stores throughout Canada.
What banks offer a prepaid card?
Unlike traditional credit cards, these cards require that cardholders load funds onto the card before using.
- Brinks Prepaid Mastercard.
- PayPal Prepaid Mastercard®
- NetSpend® Visa® Prepaid Card.
- NetSpend® Visa® Prepaid Card.
- Bluebird® American Express® Prepaid Debit Account.
- The Mango Prepaid Mastercard®
How do prepaid credit cards work in Canada?
You can use the prepaid card at most merchants that accept credit cards from the same payment card network. For example, you may use a prepaid Mastercard at a store that accepts Mastercard credit cards. Note the following about prepaid cards issued by a financial institution: you need to put money on the card.
Do banks give prepaid cards?
Prepaid debit cards are issued by banks and branded by the major credit card companies, including Visa, MasterCard, Discover, and American Express.
Which prepaid Visa card is best?
- Best overall prepaid debit card. Serve American Express Card. Learn More.
- Best virtual prepaid debit card. Movo Virtual Prepaid Visa Card.
- Best low-fee prepaid debit card. Bluebird by American Express.
- Best prepaid debit card for reload options. PayPal Prepaid Mastercard.
- Best prepaid debit card for kids. Greenlight Debit Card.
Can the government track prepaid cards?
No. The Debit Cards are actually controlled by a private bank, called MetaBank. Federal laws prevent the government from tracking the financial transactions of citizens, without written permission, “except under limited circumstances.”
Can prepaid Visa cards expire in Canada?
For prepaid cards
The card itself can have an expiry date. They must provide you with a statement that says that your right to use the funds won’t expire. There may be a fee to transfer the funds and to issue a new card.
How do I activate my vanilla prepaid card in Canada?
Card activation is simple. In most cases, cards are ready for immediate use when purchased from VanillaGift.com, but you can also activate the Cards online and by calling the toll-free number listed on the back of the Card.
How do I use my Vanilla prepaid Visa in Canada?
Swipe your Card and select Credit on the keypad or enter a 4-digit number as your PIN. Your Vanilla eGift Card can be used to pay with digital wallets: Apply Pay, Samsung Pay and Google Pay.
Does Walmart carry vanilla card?
MyVanilla Prepaid Mastercard – Walmart.com.
Can Canadian prepaid Visa cards be used internationally?
It’s a Prepaid Visa card that allows you to load foreign currency onto. Visa Travel Cards are replaceable and can be used worldwide at merchants that accept Visa cards or to obtain local currency at any ATM that displays a Visa symbol.
What are the disadvantages of a prepaid card?
Cons
- Hidden fees. This is the biggest, most significant downside to prepaid cards and may outweigh all of the pros.
- No interest. Money stored on prepaid cards does not accrue interest.
- May not be safer than credit cards.
- No credit-history boost.