Pre-paid debit card in Canada

As government taxes on credit/debit card transactions occurring outside my country are high (traveller's checks/cards too), the cheapest way to pay my expenses is to buy Canadian dollars at an exchange store before leaving. The downside is carrying so much money, so I figured I could buy a prepaid debit card once in Canada.

I searched for such cards, but I either found some that require permanent resident status while most others are limited to $500. I'd be interested in a cheap (ie. low/no taxes, easy withdraw when leaving) card with a limit of at least 1500 to CA$2000.

Any suggestions?

Best Answer

A debit card in Canada is slightly different from one in other countries. In Canada a debit card connects to a bank account, and you deposit money at the bank to then use it.

You can get a pre-paid credit card in Canada that you can buy in denominations and doesn't need to be registered.

Does your country not have credit cards?

Pictures about "Pre-paid debit card in Canada"

Pre-paid debit card in Canada - Person Holding Debit Card

Pre-paid debit card in Canada - Crop ethnic shopper making purchase on smartphone with debit card

Pre-paid debit card in Canada - Natwest Atm Card

Can you buy prepaid MasterCard in Canada?

The Canada Post Prepaid Rechargeable Mastercard is ideal for use while traveling or for everyday online or in store purchases. You can acquire it from any Canada Post office and it is accessible without having to provide credit history or banking information.

Do prepaid Visa cards work 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.

What banks sell prepaid debit cards?

Chime Credit Builder Visa.
American Express Bluebird.
NetSpend Visa Prepaid Card.
PayPal Prepaid MasterCard.
Brinks Prepaid MasterCard.
Movo Virtual Prepaid Visa Card.
Starbucks Rewards Visa Prepaid Card.
Fifth Third's Access 360\xb0 Prepaid Debit Card.

Can you purchase prepaid debit cards?

You can buy prepaid cards at retail locations (such as grocery stores and drug stores), online, over the phone, or from some banks and credit unions. If you buy the card online, you may then be issued a virtual card, or you may receive a physical card in the mail at a later time.

The Best Prepaid and Debit Travel Cards - 2020

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