Mogo Prepaid Card With $3 Foreign ATM Fee
Don’t let the word “prepaid” scare you away from the Mogo Platinum Prepaid Visa card. There are some features I found in this card that make it a perfect travel companion if you are looking to avoid a foreign transactions fee and reduce ATM fees when you need to take out cash.
Most Canadian credit cards charge 2.5 percent foreign fees when you buy something outside Canada or online where merchants are not located in Canada. The Mogo card has zero foreign transactions fees and $3 foreign ATM fees, which seem to be reasonable ATM fees compared to bank or credit cards.
You only load what you need to spend. This feature is a safe way to travel with a card having not too much availability on it, especially if you lose your card a due to pickpocket, theft, or robbery; you are risking very little amount and saving a lot of hassle.
Some other features this card has:
- No minimum balance
- Zero monthly fees
You can view more details on the Mogo.ca website. You can also watch my video on the Mogo card on YouTube and the link is right here:
Keep in mind that there are a few other credit cards on the Canadian market that offer zero foreign transactions fees as well. I also have a video on them and I provided the link in the description box of the above video.
Credit cards can help you save money and travel across the globe. You will find tips and tricks to achieve that on my YouTube channel here: www.youtube.com/adawn