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What are the fees and limits of the Shakepay Card?
What are the fees and limits of the Shakepay Card?

Everything you need to know about the card fees and limits

Updated over a week ago

Does the Shakepay Card have any fees?

The Shakepay Visa* Prepaid Card has no activation fees or minimum account balances. There will be a 3% foreign transaction fee on all non-Canadian transactions.

What are the spending limits for the Shakepay Card?

Transaction limits:

  • $3,000 CAD per transaction

  • $3,000 CAD per day

  • $50,000 CAD per month

Please note, while Apple and Google Pay have a standard limit of $250 on tap and pay transactions, the actual limit could vary and is at the merchant’s discretion.

These limits for card transactions are set and cannot be increased at this time.

How much does it cost to get a Shakepay Card?

The Shakepay Card is free to acquire and available to all customers with fully verified accounts.

What is the foreign exchange fee for non-Canadian transactions?

All non-Canadian transactions are subject to a 3% foreign transaction fee.

*Trademark of Visa International Service Association and used under license by Peoples Trust Company. Shakepay Visa prepaid card is issued by Peoples Trust Company pursuant to licence by Visa Int.

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