Best Prepaid Cards in Canada - November 2026

The code EARNKOHO is applied automatically when you sign up through our KOHO link.

Features:

• Earn 1.5% cash back on eligible groceries, transportation, and food and drinks and 0.25% on other eligible purchases.
• Accepted at Costco
• 2.5% annual interest on eligible balances when you opt in to Earn Interest. The variable rate is calculated daily and paid monthly.
• The Extra plan costs $12 per month.
• No conversion fees on foreign purchases
• 1 free international ATM withdrawal per month
• Credit enhancement for $7/month instead of $10
• Access all KOHO account features such as Safe, Goals and Rounding Amounts
• Eligible members may access a cash advance of up to $500 through the Cover bundle. The limit depends on eligibility. The bundle starts at $2/month. The standard price for the $500 tier is $30/month for eligible members. Eligibility criteria and Terms and Conditions apply.

• Free withdrawals at any ATM in Canada
• 0.5% cash back on every purchase
• Earn the same excellent rate as your Personal Account
• No foreign exchange fees, monthly fees, or other hidden fees

Everyday cashback

• 6% on average on restaurants, bars and cafés
• 4% on your favorite apps (Netflix, Disney+, Crave, Apple, Uber, Lyft, SkipTheDishes, DoorDash and UberEats)
• Up to 3% on gas and groceries

Features and benefits

• Personalized insights powered by generative chat AI (coming soon)
• Digital card available to use immediately
• Get cashback at thousands of local and national partners

The code EARNKOHO is applied automatically when you sign up through our KOHO link.

Features:

• Earn 1% cash back on eligible groceries, transportation, and food and drinks.
• Accepted at Costco
• 2% annual interest on eligible balances when you opt in to Earn Interest. The variable rate is calculated daily and paid monthly.
• The Core plan costs $0 per month.
• Access all KOHO account features such as Safe, Goals and Rounding Amounts
• Eligible members may access a cash advance of up to $500 through the Cover bundle. The limit depends on eligibility. The bundle starts at $2/month. The standard price for the $500 tier is $30/month for eligible members. Eligibility criteria and Terms and Conditions apply.

The code EARNKOHO is applied automatically when you sign up through our KOHO link.

Features:

• Earn 2% cash back on eligible groceries, transportation, and food and drinks and 0.5% on other eligible purchases.
• Accepted at Costco
• Up to 3.5% annual interest on eligible balances when you opt in to Earn Interest. The variable rate is calculated daily and paid monthly.
• The Everything plan costs $14.75 per month.
• Access the following features, exclusive to the Everything Plan:
  • No FX fees on purchases
  • 1 free international ATM withdrawal per month
  • Credit enhancement for $5/month instead of $10
  • Access all the features of a KOHO account such as Card Security, Goals, and RoundUps.
  • Strengthen your credit with the 6-month Credit Enhancement Program for only $5/month and earn cash back with the KOHO Prepaid Mastercard Everything.
• Eligible members may access a cash advance of up to $500 through the Cover bundle. The limit depends on eligibility. The bundle starts at $2/month. The standard price for the $500 tier is $30/month for eligible members. Eligibility criteria and Terms and Conditions apply.

A game-changer card for teens

A card designed for teens and great for all. The JA Money card—powered by Neo gives you the tools to manage your money, save smarter, and get rewarded.

Exclusive cashback offers at Neo partners

• Restaurants & Food Delivery: Enjoy 5% average cashback at awesome restaurants and Uber Eats.
• Clothing & Footwear: Shop the latest styles and score 2% cashback at stores like Dynamite, JD Sports, and Simons.
• Books & eBooks: Catch up on reading with 2% cashback at places like Chapters, Indigo, and Kobo.
• Games & Entertainment: Level up with 2% cashback at spots like PlayStation, Xbox, Nintendo, and Steam.
• Health & Fitness: Stay active with 2% cashback at places like GoodLife Fitness and YMCA.
• And more: Use the Neo app to discover over 10,000 places to earn rewards— it’s like the Google Maps of cashback.

Features and benefits

• Get notified in real time: Know what’s happening with your money at all times. Get notified anytime money goes in or out of your account, freeze and unfreeze your card instantly.
• Safe, secure deposits: Deposits are eligible for CDIC protection², and payments are protected by a world-class security infrastructure.
• Advanced app security: Protect your account with Face ID, fingerprint lock, and two-factor authentication.

• No annual fee
• Hold and exchange 40+ currencies in your Wise account
• Spend money in over 150 countries, withdraw cash from 2.3 million ATMs.
• Convert currencies with market exchange rates and transparent, low fees.
• View and manage your account in the Wise app
• Freeze and unfreeze your card instantly
• Spend any currency you hold in the account for free when you have enough balance
• The automatic conversion feature ensures that you always pay the lowest possible charges when you spend currencies you don’t have in your account.
• Check your currency balances in the app – and get instant transaction notifications for security
• It’s a debit card, not a credit card – easier to manage your budget without running up debts or incurring credit charges

• Prepaid card

• Welcome Offer: $25 cash bonus for any new Wealthsimple client who opens and funds their account with as little as $1 within 30 days
• No monthly fees
• No foreign transaction fees
• No ATM fees