{"id":44225,"date":"2024-02-13T16:11:17","date_gmt":"2024-02-13T21:11:17","guid":{"rendered":"https:\/\/hardbacon.ca\/non-classifiee\/paypower-review\/"},"modified":"2024-05-15T02:55:51","modified_gmt":"2024-05-15T06:55:51","slug":"paypower-review","status":"publish","type":"post","link":"https:\/\/hardbacon.ca\/en\/credit-cards\/paypower-review\/","title":{"rendered":"I tried the PayPower Mastercard for You: Here&#8217;s my Review"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The landscape of prepaid cards is changing fast. In recent years, new players like <a href=\"https:\/\/kohofinancial.pxf.io\/c\/445127\/1277606\/15676?adtype=textlink&amp;adnetwork=Impact\" rel=\"sponsored nofollow noopener\" target=\"_blank\">KOHO<\/a> and <a href=\"https:\/\/api.fintelconnect.com\/t\/l\/61859672d3d212001de1dfd0\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Neo<\/a> have been offering free plans and banking services with their prepaid cards. Does it still make sense to use a more traditional prepaid card when you know there are fees involved? Does PayPower Mastercard stand out from competitors like <a href=\"https:\/\/hardbacon.ca\/en\/credit-cards\/vanilla-prepaid-credit-card-review\/\">Vanilla<\/a> and <a href=\"https:\/\/hardbacon.ca\/en\/credit-cards\/joker-prepaid-mastercard-review\/\">Joker<\/a>? I tested the PayPower card and application for you, and here is my take.<\/p>\n\n\n\n\n\n\n    <div class=\"review-block\">\r\n                    <div class=\"review-block__left\">\r\n                <div class=\"review-block__head\">\r\n                    <div class=\"review-block__head-total\">2.7<\/div>\r\n                    <div class=\"review-block__head-rating\">\r\n                        <div class=\"review-block__head-stars\">\r\n                            <div class=\"review__stars-empty\">\r\n                                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 17.1548 14.0892 17.2306 14.3209L19.3236 20.7149C19.4929 21.2321 18.9001 21.6628 18.4605 21.342L13.0262 17.3755C12.8293 17.2319 12.5622 17.2319 12.3653 17.3755L6.93105 21.342C6.49147 21.6628 5.89863 21.2321 6.06793 20.7149L8.16093 14.3209C8.23675 14.0892 8.1542 13.8352 7.95671 13.6923L2.50514 9.74972C2.06417 9.4308 2.29061 8.73388 2.83482 8.73507L9.56265 8.74977C9.80637 8.75031 10.0225 8.59328 10.0973 8.36132L12.1623 1.95823Z\" fill=\"#CACACA\"\/>\r\n                                <\/svg>\r\n                                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 17.1548 14.0892 17.2306 14.3209L19.3236 20.7149C19.4929 21.2321 18.9001 21.6628 18.4605 21.342L13.0262 17.3755C12.8293 17.2319 12.5622 17.2319 12.3653 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                   <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 17.1548 14.0892 17.2306 14.3209L19.3236 20.7149C19.4929 21.2321 18.9001 21.6628 18.4605 21.342L13.0262 17.3755C12.8293 17.2319 12.5622 17.2319 12.3653 17.3755L6.93105 21.342C6.49147 21.6628 5.89863 21.2321 6.06793 20.7149L8.16093 14.3209C8.23675 14.0892 8.1542 13.8352 7.95671 13.6923L2.50514 9.74972C2.06417 9.4308 2.29061 8.73388 2.83482 8.73507L9.56265 8.74977C9.80637 8.75031 10.0225 8.59328 10.0973 8.36132L12.1623 1.95823Z\" fill=\"#FDCC0D\"\/>\r\n                                <\/svg>\r\n                                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 17.1548 14.0892 17.2306 14.3209L19.3236 20.7149C19.4929 21.2321 18.9001 21.6628 18.4605 21.342L13.0262 17.3755C12.8293 17.2319 12.5622 17.2319 12.3653 17.3755L6.93105 21.342C6.49147 21.6628 5.89863 21.2321 6.06793 20.7149L8.16093 14.3209C8.23675 14.0892 8.1542 13.8352 7.95671 13.6923L2.50514 9.74972C2.06417 9.4308 2.29061 8.73388 2.83482 8.73507L9.56265 8.74977C9.80637 8.75031 10.0225 8.59328 10.0973 8.36132L12.1623 1.95823Z\" fill=\"#FDCC0D\"\/>\r\n                                <\/svg>\r\n                            <\/div>\r\n                        <\/div>\r\n                        <span class=\"review-block__head-score\">Hardbacon Score<\/span>\r\n                    <\/div>\r\n                <\/div>\r\n                <ul class=\"review-block__items\">\r\n                                            <li class=\"review__item\">\r\n                            <h4 class=\"review__item-title\">Fees<\/h4>\r\n                            <div class=\"review__stars\">\r\n                                <div class=\"review__stars-empty\">\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <g clip-path=\"url(#clip0_1101_81)\">\r\n                                            <path d=\"M9.04521 1.29364C9.17584 0.888589 9.74891 0.888589 9.87954 1.29364L11.4945 6.30111C11.553 6.48251 11.722 6.60531 11.9126 6.60489L17.174 6.59339C17.5996 6.59246 17.7767 7.13749 17.4319 7.38689L13.1685 10.4702C13.0141 10.5819 12.9495 10.7806 13.0088 10.9617L14.6456 15.9621C14.778 16.3665 14.3144 16.7034 13.9706 16.4525L9.72079 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xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <path d=\"M9.81401 1.29351C9.94464 0.888467 10.5177 0.888467 10.6483 1.29351L12.2633 6.30099C12.3218 6.48239 12.4908 6.60519 12.6814 6.60477L17.9428 6.59327C18.3684 6.59234 18.5455 7.13736 18.2007 7.38677L13.9373 10.4701C13.7829 10.5817 13.7183 10.7804 13.7776 10.9616L15.4144 15.962C15.5468 16.3664 15.0832 16.7033 14.7394 16.4524L10.4896 13.3505C10.3356 13.2381 10.1267 13.2381 9.97276 13.3505L5.72293 16.4524C5.37917 16.7033 4.91555 16.3664 5.04795 15.962L6.68476 10.9616C6.74405 10.7804 6.67949 10.5817 6.52505 10.4701L2.2617 7.38677C1.91684 7.13736 2.09393 6.59234 2.51952 6.59327L7.78095 6.60477C7.97155 6.60519 8.14057 6.48239 8.19908 6.30099L9.81401 1.29351Z\" fill=\"#FDCC0D\"\/>\r\n                                    <\/svg>\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                            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non-reloadable prepaid card and a reloadable one. However, fees are high and the app still needs some improvement.<\/p>\n<\/div>\r\n                                            <\/div>\r\n            <\/div>\r\n    <script type=\"application\/ld+json\">\r\n        {\r\n            \"@context\": \"http:\/\/schema.org\",\r\n            \"@type\": \"Review\",\r\n            \"itemReviewed\": {\r\n            \"@type\": \"SoftwareApplication\",\r\n            \"name\": \"I tried the PayPower Mastercard for You: Here&#039;s my Review\",\r\n            \"description\": \"The landscape of prepaid cards is changing fast. In recent years, new players like KOHO and Neo have been offering free plans and banking services with their prepaid cards. Does it still make sense to use a more traditional prepaid card when you know there are fees involved? Does PayPower Mastercard stand out from competitors [&hellip;]\",\r\n            \"image\": \"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/10\/Paypower-mastercard.jpg\",\r\n            \"author\": \"Maude Gauthier\"\r\n            },\r\n            \"reviewRating\": {\r\n            \"@type\": \"Rating\",\r\n            \"ratingValue\": 2.7,\r\n            \"bestRating\": 5,\r\n            \"worstRating\": 0\r\n            },\r\n            \"author\": {\r\n            \"@type\": \"Person\",\r\n            \"name\": \"Maude Gauthier\"\r\n            },\r\n            \"reviewBody\": \"The landscape of prepaid cards is changing fast. In recent years, new players like KOHO and Neo have been offering free plans and banking services with their prepaid cards. Does it still make sense to use a more traditional prepaid card when you know there are fees involved? Does PayPower Mastercard stand out from competitors [&hellip;]\"\r\n        }\r\n    <\/script>\r\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-buying-my-paypower-mastercard\">Buying my PayPower Mastercard<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">I bought a PayPower card in store for $9.95 (activation fee). I chose a $20 denomination, but you can get a card that goes up to $500. Basically, I paid $31.44 taxes included to spend $20. More than a third of the price was just to activate my card. The purchase is more profitable if you get a higher denomination.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">When I got home, I downloaded the mobile application. To create my profile, I entered my phone number, received a code, verified my e-mail and created my password, then activated Face ID. Then I clicked on the icon to register the non-reloadable physical card I&#8217;d bought in the store. To keep track of my purchases, I entered the 16-digit number on my card. I was also asked for my name and address. Registration allows me to benefit from Mastercard&#8217;s Zero Liability protection.<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-my-first-purchase-with-my-paypower-prepaid-card\">My First Purchase with my PayPower Prepaid Card<\/h2>\n\n\n\n\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"473\" height=\"1024\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-ouverture-compte-473x1024.png\" alt=\"PayPower app showing my card and an ad for the digital card\" class=\"wp-image-69698\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-ouverture-compte-473x1024.png 473w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-ouverture-compte-139x300.png 139w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-ouverture-compte-768x1662.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-ouverture-compte-710x1536.png 710w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-ouverture-compte.png 828w\" sizes=\"auto, (max-width: 473px) 100vw, 473px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1024\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-pharmacy-768x1024.jpg\" alt=\"Hand holding PayPower card on the bill for the card\" class=\"wp-image-69700\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-pharmacy-768x1024.jpg 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-pharmacy-225x300.jpg 225w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-pharmacy-1152x1536.jpg 1152w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-pharmacy-1536x2048.jpg 1536w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-pharmacy-1200x1600.jpg 1200w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-pharmacy-scaled.jpg 1920w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"473\" height=\"1024\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-balance-473x1024.png\" alt=\"PayPower app showing my Balance at the top and transactions at the bottom\" class=\"wp-image-69702\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-balance-473x1024.png 473w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-balance-139x300.png 139w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-balance-768x1662.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-balance-710x1536.png 710w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-balance.png 828w\" sizes=\"auto, (max-width: 473px) 100vw, 473px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">I had some shopping to do at the pharmacy and decided to use my PayPower card there. Since it doesn&#8217;t have a chip, I had to swipe the card. The cashier also asked me for a signature.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">I also tested the possibility of blocking the card. This is a very practical function. For example, if you lose your physical card, go to the app and block it. No thief will be able to use it. So I blocked my card and tried to make another purchase in a bookshop. My transaction was refused, which shows that the feature is doing a good job.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">I haven&#8217;t made any foreign currency purchases with my PayPower, but I see in the cardholder agreement that the fee would be 3%, which is quite high.<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-my-paypower-card-balance\">My PayPower Card Balance<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">PayPower recently overhauled its card offering and application. One thing that was bothering users was the difficulty of finding out their balance. Problem solved! When I log on to the application, I immediately see my balance at the bottom of the screen. If I click on my card, I see current and past transactions, as well as my balance at the top of the screen, as shown in the image above.<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-switching-to-a-reloadable-card\">Switching to a Reloadable Card<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The problems started when I tried to get a reloadable card via the app. The packaging of the physical card strongly encouraged me to switch to a reloadable card. In fact, it&#8217;s pretty easy to believe you&#8217;re buying a reloadable card if you don&#8217;t pay attention to the fine print.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">I was thinking that there might be fewer fees with this type of card. So I clicked on the virtual card and had to go through an identity verification process by submitting photos of my face and of my driver&#8217;s license. There was a fee of $2.50 for the digital card, then $3.95 to (re)load it by debit or $4.95 by credit. Contrary to what it says on the PayPower website, I couldn&#8217;t do an Interac transfer. So it&#8217;s a bit cheaper than the physical card, but you have to load at least $8 per debit card for an equivalent ratio (pay $3.95 to have $8 on the card or pay $9.95 to have $20 on the card).<\/p>\n\n\n\n\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"473\" height=\"1024\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-load-473x1024.png\" alt=\"Paypower reloadable card breakdown of fees\" class=\"wp-image-69704\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-load-473x1024.png 473w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-load-139x300.png 139w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-load-768x1662.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-load-710x1536.png 710w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/paypower-load.png 828w\" sizes=\"auto, (max-width: 473px) 100vw, 473px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"473\" height=\"1024\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-error-473x1024.png\" alt=\"Error message from Paypower app when trying to load the digital card\" class=\"wp-image-69706\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-error-473x1024.png 473w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-error-139x300.png 139w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-error-768x1662.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-error-710x1536.png 710w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/Paypower-error.png 828w\" sizes=\"auto, (max-width: 473px) 100vw, 473px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">I was unable to obtain my virtual reload card. It seems that their verification process is very sensitive. Maybe I made a mistake in my date of birth by going too fast, or maybe it&#8217;s because there are two addresses on my driver&#8217;s license due to a move. I contacted customer service to see if they could tell me where the error was and correct it, but they couldn&#8217;t help me. It&#8217;s as if I don&#8217;t have my profile on file. Certain information, such as date of birth, doesn&#8217;t appear in my profile in the application (even though customer service said it did), so I can&#8217;t check or change it. Not very practical!<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-comparison-of-paypower-joker-and-vanilla\">Comparison of PayPower, Joker and Vanilla<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Here&#8217;s a table showing PayPower&#8217;s strengths in each category, compared with two of its competitors.<\/p>\n\n\n\n\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td><strong>PayPower<\/strong><\/td><td><strong>Vanilla and Joker<\/strong><\/td><\/tr><tr><td>Fees<\/td><td>High<\/td><td>Vanilla is much cheaper<\/td><\/tr><tr><td>Cash Back<\/td><td>None<\/td><td>Joker offers cash back<\/td><\/tr><tr><td>Reloadable<\/td><td>Yes, but it depends on the specific card chosen<\/td><td>Non-reloadable<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\">PayPower Prepaid Mastercard alternatives<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">When it comes to <a href=\"https:\/\/hardbacon.ca\/en\/credit-cards\/the-10-best-prepaid-credit-cards-in-canada\/\">prepaid cards<\/a>, you can find a lot better than the PayPower, Joker or Vanilla! Companies such as KOHO, EQ Bank and Neo offer interesting, free alternatives. Their cards are reloadable from a linked account. I prefer them to PayPower, which charges a host of fees.<\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\">KOHO Prepaid Mastercard<\/h3>\n\n\n\n\n\n\n\n\t\t<div class=\"relative p-10 rounded-sm shadow-(--shadow) !my-20 sm:w-[calc(100%-60px)] md:max-w-[900px] md:mx-auto\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/hardbacon.ca\/en\/credit-cards\/best-credit-cards-canada\/#h-11-koho-prepaid-mastercard-best-card-to-build-credit\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"absolute top-full left-1\/2 transform -translate-y-2\/5 -translate-x-1\/2 sm:-top-22 sm:-right-10 sm:-right-15 sm:left-auto sm:translate-x-0 sm:translate-y-0\">\n\t\t\t\t\t<img decoding=\"async\" class=\"max-w-30 max-h-30 w-auto h-auto\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/637cf8206bbb7962c19ae225_offer_cc_badge\" alt=\"Offer Badge\">\n\t\t\t\t<\/a>\n\t\t\t\t\t\t<div class=\"md:flex gap-20 items-center\">\n\t\t\t\t<div class=\"shrink-0 md:w-1\/3 flex flex-col items-center justify-center\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/637cf8206bbb7962c19ae225_offer_credit_card\" alt=\"Offer Image\" class=\"!my-0 mx-auto\">\n\t\t\t\t\t<a href=\"https:\/\/kohofinancial.pxf.io\/c\/445127\/1277606\/15676?adtype=textlink&#038;adnetwork=Impact\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline hidden md:block mt-5\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"text-center md:text-left\">\n\t\t\t\t\t<span class=\"font-medium text-xl md:text-2xl block mb-10\">KOHO Prepaid Mastercard Essential<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"font-regular divide-y divide-primary-dark\/10\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Annual Fee:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">$48 (with an initial 30-day free trial, then $4\/month or $48\/year).<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Annual Fee Promotion:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">$0 if you deposit $1,000 per month to your KOHO Essential account OR set up a Recurring Direct Deposit.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Offer:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">Earn 1% cash back on transportation, groceries, and restaurants. Plus, start 30 day free trial.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Special Offer:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">Get $20 when you sign up for a KOHO account with code HARDBACON and unlock 5% savings interest!* Conditions apply.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"text-center md:hidden mt-8\">\n\t\t\t\t<a href=\"https:\/\/kohofinancial.pxf.io\/c\/445127\/1277606\/15676?adtype=textlink&#038;adnetwork=Impact\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Currently, the <a href=\"https:\/\/kohofinancial.pxf.io\/c\/445127\/1277606\/15676?adtype=textlink&amp;adnetwork=Impact\" rel=\"sponsored nofollow noopener\" target=\"_blank\">KOHO Prepaid Mastercard<\/a> is one of the best prepaid cards in Canada. It provides the advantages of a rewards credit card but without the risk of debt or interest charges. KOHO provides a variety of plans depending on the rewards you want: Easy (free), Essential ($4\/mo), Extra ($9\/mo), and Everything ($19\/mo). <\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The card is free and most of your daily transactions are free. Depending on the plan you choose, you can earn up to 6% cash back on eligible card purchases plus bonus cash back at KOHO partners, as well as up to 5% interest on your entire balance. You can also use KOHO to help build credit by subscribing to the <a data-lasso-id=\"220611\" href=\"https:\/\/hardbacon.ca\/en\/credit-score\/koho-credit-building\/\">Credit Building plan<\/a>. Extra and Everything subscribers enjoy no foreign transaction fees as well as one free international ATM withdrawal per month. <\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\">Neo Money<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Not only is the <a href=\"https:\/\/api.fintelconnect.com\/t\/l\/61859672d3d212001de1dfd0\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Neo Money Card<\/a> a great prepaid card option, it&#8217;s also one of the <a data-lasso-id=\"220613\" href=\"https:\/\/hardbacon.ca\/en\/credit-cards\/the-10-best-cash-back-credit-cards-in-canada\/\">best cash back cards<\/a> on the market. So if you want to bank as much cash back as possible, the Neo Money Card could be an ideal choice. This card is free with no annual or monthly fees and offers a hassle-free user experience with both a mobile app and a web browser platform. <\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">For each first purchase you make at a Neo partner merchant, you earn up to 15% cash back! Most of your daily purchases will provide an average of 5% cash back, and a guaranteed minimum of no less than 0.5% cash back. Plus, every dollar in your Neo Money Account earns 1% annual interest and offers unlimited free daily transactions.<\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-eq-bank-card\">EQ Bank Card<\/h3>\n\n\n\n\n\n\n\n\t\t<div class=\"relative p-10 rounded-sm shadow-(--shadow) !my-20  md:max-w-[900px] md:mx-auto\">\n\t\t\t\t\t\t\t\t\t<div class=\"md:flex gap-20 items-center\">\n\t\t\t\t<div class=\"shrink-0 md:w-1\/3 flex flex-col items-center justify-center\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/63d2cb6a18196b6d2e1928c2_offer_credit_card\" alt=\"Offer Image\" class=\"!my-0 mx-auto\">\n\t\t\t\t\t<a href=\"https:\/\/click.linksynergy.com\/fs-bin\/click?id=rrfvo1Wz0rU&#038;offerid=1115263.14&#038;type=3&#038;subid=0\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline hidden md:block mt-5\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"text-center md:text-left\">\n\t\t\t\t\t<span class=\"font-medium text-xl md:text-2xl block mb-10\">EQ Bank Card<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"font-regular divide-y divide-primary-dark\/10\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">offerTitle:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">Earn 0.5% cash back on all purchases with the EQ Bank Card <\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Offer:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">This no-fee prepaid Mastercard has no foreign transaction fees. EQ Bank charges no fees for Canadian ATM withdrawals and reimburses ATM operator fees up to $5 per withdrawal, up to five times per month.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"text-center md:hidden mt-8\">\n\t\t\t\t<a href=\"https:\/\/click.linksynergy.com\/fs-bin\/click?id=rrfvo1Wz0rU&#038;offerid=1115263.14&#038;type=3&#038;subid=0\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/click.linksynergy.com\/fs-bin\/click?id=rrfvo1Wz0rU&amp;offerid=1115263.14&amp;type=3&amp;subid=0\" rel=\"sponsored nofollow noopener\" target=\"_blank\">EQ Bank Card<\/a> could become your new go-to financial tool. It&#8217;s free with no annual or monthly fees, no foreign transaction fees, and no charges for ATM withdrawals anywhere in Canada. In fact, should you incur any fees while withdrawing money with your card from a Canadian ATM, EQ Bank will refund you the fee within 10 business days.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, the EQ Bank card allows you to earn interest and cash back. Your balance earns up to 4% interest until it&#8217;s spent, and you also receive a 0.5% cash back on all your card purchases. The card is widely accepted wherever Mastercard is used. To get one, open a <a href=\"https:\/\/hardbacon.ca\/banking\/eq-bank-savings-plus-account\/\">Personal Account with EQ Bank<\/a>, request an EQ Bank card, and load your card with funds.<\/p>\n\n\n\n\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>The landscape of prepaid cards is changing fast. In recent years, new players like KOHO and Neo have been offering free plans and banking services with their prepaid cards. Does it still make sense to use a more traditional prepaid card when you know there are fees involved? Does PayPower Mastercard stand out from competitors [&hellip;]<\/p>\n","protected":false},"author":52,"featured_media":69716,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"[]"},"categories":[192,233],"tags":[],"class_list":["post-44225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-cards","category-prepaid-credit-card"],"acf":{"has_no_offer_box":"0"},"_links":{"self":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts\/44225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/comments?post=44225"}],"version-history":[{"count":0,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts\/44225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/media\/69716"}],"wp:attachment":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/media?parent=44225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/categories?post=44225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/tags?post=44225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}