Pricing
No interest charges on any product. No fees buried in fine print. Just two
straight forward options.
- Monthly
KEY FEATURES
- What’s included
- Get rewarded
- Credit services
- Smart money
- Pay less, keep more
FREE TIER
Spend
$0 per month
A simple way to get started.
Get the free card- Virtual prepaid Mastercard
- Apple Pay and Google Pay
- No credit check
- Guaranteed approval
- Ready in minutes
- No points
- Plus Friends — send money to any Plus member, free and instant
- Credit reporting — $5/mo (Competitors charge $10/mo)
- Rent reporting — $5/mo (Competitors charge $10/mo)
- Rent reporting (Report your past 24 months) — $35 one-time (Competitors charge $99)
- No Penguin AI coach
- 2.5% foreign transaction fee
SUBSCRIPTION TIER
Plus
$7.99 per month
A real Mastercard. 0% interest, ever. One honest price.
Get the Plus card- Virtual card + physical card included
- Apple Pay and Google Pay. Also accepted anywhere Mastercard is accepted
- No credit check
- Guaranteed approval
- Ready in minutes
- Earn points on everything — redeem for travel, statement credits, or gift cards
- Plus Friends — send money to any Plus member, free and instant
- Credit reporting (Full access)
- Rent reporting (Full access)
- Jars — set money aside for goals (Rent, Emergency Fund, or anything else)
- Penguin AI budgeting coach
- 1% foreign transaction fee
- 0% interest, always
- No hidden fees
-
CARD COMPARISON
- Interest
- Foreign transactions
- Cash advances
- Approval
- Fees
- TYPICAL CARDS
- 20%+ compounding monthly
- 2.5% at most Canadian banks
- Credit check, possible rejection
- Uncertain and depends on credit score
- Annual fees, FX markups, fine-print extras
- PLUSCREDIT CARD
- 0% interesting charges. Always
- 1%
- 0% interest and one flat monthly fee
- Guaranteed for PlusCredit Prepaid Mastercard
- One price, published up front
CARD COMPARISON
Interest
TYPICAL CARDS
20%+ compounding monthly
PLUS CARD
0% interesting charges. Always
Revolving debt
TYPICAL CARDS
Minimum payment calculated to leave a balance
PLUS CARD
No revolving debt
Foreign transactions
TYPICAL CARDS
2.5% at most Canadian banks
PLUS CARD
1%
Cash advances
TYPICAL CARDS
Credit check, possible rejection
PLUS CARD
0% interest, one flat monthly fee
Approval
TYPICAL CARDS
Interest from day one, often 22%+
PLUS CARD
Guaranteed for PlusCredit Mastercard*
Fees
TYPICAL CARDS
Annual fees, FX markups, fine-print extras
PLUS CARD
One price, published up front
Got questions? We’ve got answers
Yes. Every PlusCredit product charges 0% interest, on every balance, at all times. This is not a promotional rate and it does not expire, so you will never pay interest to build your credit with us.
No. You do not need a credit score or any credit history to apply, which makes PlusCredit a good place to start if you are new to Canada or rebuilding.
Signing up takes a few minutes in the app. Once you’re approved, you can start using your card right away through your phone’s digital wallet, and your physical card is mailed to you.
Yes. Your card is managed and your funds are secured by Zum Rails, which is SOC 2 Type II certified and PCI DSS compliant. SOC 2 Type II is an independent audit of how a company protects customer data over time, and PCI DSS is the industry standard for handling card payments safely. Your card is also covered by Mastercard Zero Liability
Yes. You can close your account at any time. Any funds or deposit you hold with us are returned to you, provided nothing is left outstanding.
PlusCredit reports to Equifax Canada, so your on-time payments are added to your Equifax credit file and help build your credit history.
Plus Friends lets you send money to other PlusCredit users, directly within your PlusCredit account.
No. You can report your rent without involving your landlord. You confirm your rent payments yourself, and on-time payments are added to your credit history.