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prepaid
There is a limited selection of pre-paid credit cards available in Canada. Prepaid credit cards are for people with poor credit or that have recently declared bankruptcy and cannot get a regular credit card including a secured credit card. The cardholder uses the card by putting a cash deposit on the card giving it a balance that can be spent similar to a debit card (minus any applicable fees.)
Prepaid Cards
| Prepaid Card | Sign-up Fee | Monthly Fee | Max Balance | |
|---|---|---|---|---|
| BMO Prepaid Travel Mosaik MasterCard | $9.95 | $0.83 | $10000 | |
| Citizens Bank Gift Card | $0 | $0 | ||
| Nextwave Titanium Plus Prepaid MasterCard | $20 | $7.5 | $5000 | |
| Peoples Trust MYplash Prepaid MasterCard | $26.35 | $5.95 | $2500 | |
| Vancity enviro Reloadable Visa | $14.95 | $4.95 | $2500 | |
| Vancity MyTreat Visa Gift Card | $2 | $1.5 | $500 |
