Shakepay Visa Prepaid Card
Shakepay · Visa · prepaid · Custodial
At $1,000/month spend with no stake, Shakepay Visa Prepaid Card nets +$90 a year. According to Cardefi data, 7 of 10 key figures are verified from the issuer's pages, latest 6 Sep 2026.
- Cashback at your stake
- 1.0%
- Min. stake for rewards
- None
- Annual fee
- $0
- FX fee
- —
- Net value / yr
- +$90 at $1,000/mo spend
- Break-even
- $0 yearly spend to cover fees
Cashback and net value by stake
| Stake | Tier | Cashback | Net value / yr |
|---|---|---|---|
| $0 you Base | Base | 1.0% | +$90 |
How this card scores
Same arithmetic as every card in the catalogue, with this card's numbers in:
| Cashback at your stake | 1.0% × $12,000 | +$120 |
| Yearly fees | annual $0 + 12 × $0 | −$0 |
| FX on 25.0% of spend | 1.0% assumed × $3,000 | −$30 |
| Locked stake, 5.0% opportunity cost | $0 × 5.0% | −$0 |
| Net value per year | +$90 |
Fees in full
Every figure below carries the issuer's own words. Tap a source count to read them. A dash means we looked and the issuer does not say. How these fees compare across every card.
| Annual fee | 0CAD1 source“No annual fees. No credit checks either.”[1] · landing · captured 6 Sep 2026 |
| Monthly fee | 0CAD; no activation fee or minimum balance1 source“The Shakepay Visa* Prepaid Card has no activation fees or minimum account balances.”[3] · help_center · captured 6 Sep 2026 |
| Card issuance | 0CAD; physical card mailed to every cardholder1 source“The Shakepay Card is free to acquire and available to all customers with fully verified accounts.”[3] · help_center · captured 6 Sep 2026 |
| Foreign transaction (FX) | varies by tierBase 3%, Bright 1.5%, Blue 0% on all non-Canadian transactions |
| Crypto conversion / spread | — not disclosedCard spends CAD only; crypto is sold to CAD at Shakepay's spread, which is not published as a number1 source“No, your Shakepay Card only allows you to spend from your Canadian dollar balance.”[4] · help_center · captured 6 Sep 2026 |
| ATM withdrawal | — not disclosedPhysical card only; Shakepay names no own ATM fee, operator and FX fees may apply1 source“Virtual Shakepay Cards can’t be used at ATMs. ATM operator fees, foreign transaction fees, and regional restrictions may apply.”[4] · help_center · captured 6 Sep 2026 |
Reward tiers, as the issuer states them
| Tier | Requirement · rate · cap |
|---|---|
| Base | 1.0% · None · Cap: not disclosed · Paid in BTC1 source“Base/Bright: 1%”[5] · help_center · captured 6 Sep 2026 |
| Bright | 1.0% · Loyalty points · Cap: not disclosed · Paid in BTC1 source“Earned when you exchange $100 or receive $200+ in direct deposits per calendar month.”[6] · help_center · captured 6 Sep 2026 |
| Blue | 1.5% · Loyalty points · Cap: not disclosed · Paid in BTC |
No rewards on: ATM withdrawals, Account top-ups and bill payments, Financial institutions, crypto and foreign currency purchases, Securities purchases.
Limits
| spend tx | 5000CAD1 source“$5,000 CAD per transaction”[3] · help_center · captured 6 Sep 2026 |
| Spend per day | 5000CAD1 source“$5,000 CAD per day”[3] · help_center · captured 6 Sep 2026 |
| Spend per month | 50000CAD; limits cannot be increased1 source“$50,000 CAD per month”[3] · help_center · captured 6 Sep 2026 |
What we could not find
These figures matter for the score, and the issuer's public pages do not state them. Where we looked is listed under Sources.
- Crypto conversion / spread. Card spends CAD only; crypto is sold to CAD at Shakepay's spread, which is not published as a number
- ATM withdrawal. Physical card only; Shakepay names no own ATM fee, operator and FX fees may apply
Sources
6 pages captured and stored with a checksum. Quotes above are matched against these snapshots by script.
- shakepay.com/card · landing · 6 Sep 2026
- www.cdic.ca/your-coverage/list-of-member-institutions/ · legal · 6 Sep 2026
- help.shakepay.com/en/articles/5567198-what-are-the-fees-and-limits-of-the-shakepay-card · help_center · 6 Sep 2026
- help.shakepay.com/en/articles/5274128-how-does-the-shakepay-card-work · help_center · 6 Sep 2026
- help.shakepay.com/en/articles/5274309-cashback-rewards-with-the-shakepay-prepaid-visa-card · help_center · 6 Sep 2026
- help.shakepay.com/en/articles/13067281-what-are-the-shakepay-reward-statuses · help_center · 6 Sep 2026
Report a wrong figure
Availability and terms by country
One row per country with a Cardefi hub, read from the issuer's own country lists. 1 countries are listed as available in total.
| Country | Status | Issuer / licence |
|---|---|---|
| Canada | Availablechecked 6 Sep 2026 | Peoples Trust Company |
Questions about this card
Answers are generated from the verified fields on this page. A question is only shown when the figure behind it has a source.
- Does Shakepay Visa Prepaid Card charge an annual fee?
- The annual fee for Shakepay Visa Prepaid Card is $0.
- How much cashback does Shakepay Visa Prepaid Card pay?
- Shakepay Visa Prepaid Card pays up to 1.0%, which is the highest rate any of its tiers reaches.
- Does Shakepay Visa Prepaid Card work with Apple Pay or Google Pay?
- Shakepay Visa Prepaid Card works with Apple Pay and Google Pay.
- Who holds the funds behind Shakepay Visa Prepaid Card?
- The issuer does. Spending on Shakepay Visa Prepaid Card draws on a balance held by the provider, not in a wallet you control.
- Does Shakepay Visa Prepaid Card require identity verification?
- Yes. Shakepay Visa Prepaid Card requires full identity verification before the card can be used.