Canadian Prepaid Card Rewards

July 11th, 2008 | by admin |

Prepaid cards are much safer to use for internet and phone transactions, as they are not connected to the card holder's bank account or financial identity. Prepaid cards have also become a very popular gift option, especially for graduates. As a consumer service, the Government of Canada maintains a free access database that will show the fees, features, interest rates and reward programs of nearly two hundred prepaid credit cards available to citizens of Canada. The government updates this valuable database quarterly with information supplied by the issuing companies. Additionally, the website of the Financial Consumer Agency of Canada (FCAC) publishes this information in the database every quarter online.

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