The Canada Post Prepaid Reloadable Visa Card is a prepaid card that you can load funds to over and over again. You can use the Card to make purchases wherever Visa cards are electronically accepted, including online, plus have cash access at any ATM displaying the Visa symbol. There is no credit check or bank account required for setup. To purchase a card, visit a participating Canada Post location.
Anyone! In particular, a Prepaid Reloadable Visa Card is great for people who are:
- Security concerned - limit your exposure to identity theft and fraud, and worry less about shopping online.
- Budget conscious - limit and monitor your spending easily.
- Credit challenged - enjoy the convenience of a Visa card without a credit check.
You can buy a Canada Post Prepaid Reloadable Visa Card at any participating Canada Post locations throughout Canada.
Canada Post Prepaid Reloadable Visa Cards are available to persons aged 16 years and older who present valid government issued photo identification.
You can purchase a card with a non-Canadian passport, however, you must show proof of a valid Canadian address at the time of purchase.
No, it is not a credit card and is not reported to the credit rating agencies as you may only spend what you have loaded on the Card. Each time you use the Card, the purchase amount is deducted from the available balance.
No, the Canada Post Prepaid Reloadable Visa Card does not help to build or restore your credit. Since it is not a credit card, your transaction history will not be shared with any credit rating agencies.
Yes, you’re protected against fraud under the Visa Zero Liability Policy. If your Card or Card details are lost, stolen or compromised, you won’t be held responsible for unauthorized use or fraud, provided you meet your obligations outlined in the Cardholder Agreement.