Aaron K.Toronto, ON · Mar 2026
★★★★★
Used STACK for years before switching to EQ Bank Card. Same prepaid concept but EQ has 0% FX + cash back. Decision was easy.
Overview
The STACK Prepaid Mastercard is one of Canada's longest-running prepaid card products. STACK Financial built its business around the simple proposition: no-fee prepaid spending for users who don't want credit cards or traditional banking complexity.
You load funds from any Canadian bank account, then spend with the Mastercard anywhere globally. $0 annual fee, $0 monthly fee, $0 transaction fee, free Interac e-Transfers. The app provides spending categorization and budget tracking.
No rewards (no cash back, no points). 2.5% FX markup on international purchases (worse than EQ Bank Card or KOHO Visa). The product hasn't evolved as aggressively as EQ Bank Card or Wealthsimple Cash — feels behind competitors in 2026.
Welcome bonus
★ NEW CARDHOLDER OFFER
No welcome bonus
STACK does not run welcome bonus promos.
None
N/A
≈ N/A
Rewards & earn rates
Here's exactly what you earn per dollar across every category — and where this card pulls ahead of the field.
0%x
No rewardsNo cash back, no points
Benefits & perks
Beyond the rewards, here are the perks worth knowing about.
🔁Free Interac e-Transfers
Send/receive money for free.
📊Spending categorization
In-app spending insights + budget tracking.
🛡️Mastercard zero liability
Standard fraud protection on prepaid card.
Fees & rates
The numbers that show up on your statement.
ANNUAL FEE$0Truly no-fee
FX MARKUP2.5%⚠ Worse than EQ Bank Card (0%)
CARD TYPEPrepaid MastercardNot credit
MIN INCOMENo requirementAccessible to all
Pros and cons
✓ PROS
- $0 annual fee + $0 transaction fees
- Free Interac e-Transfers
- Simple app + spending categorization
- Universal Mastercard acceptance
- No credit check required
✗ CONS
- No rewards at all
- 2.5% FX markup (vs 0% at EQ Bank Card)
- Prepaid — no credit building
- No interest on balance (vs 2.5% at EQ Bank Card)
- Hasn't evolved as fast as competitors
Who it's for
★ APPLY IF
- Students learning financial responsibility
- Newcomers wanting simple Canadian banking
- Parents teaching teens money management
- Users wanting basic no-fee spending tool
✗ SKIP IF
- International travelers (2.5% FX markup)
- Anyone wanting rewards
- Credit-building seekers (use KOHO)
- Established financial users (EQ Bank Card is better)
How it compares
We pitted this card against its closest rivals.
How to apply
The eligibility checklist before you hit the application button.
MIN CREDIT SCORENot required
MIN INCOMENo requirement
OTHER ELIGIBILITYCanadian resident · 18+
DECISION TIME3-5 business days
Editor's verdict
6.5/10
★★★★★
FINAL VERDICT
Outdated by EQ Bank Card and Wealthsimple Cash.
STACK was innovative at launch but has been surpassed by newer fintechs. EQ Bank Card, KOHO Visa, and Wealthsimple Cash Card all offer 0% FX + cash back at the same $0 fee. STACK's only advantages today are brand familiarity for existing users. For new users, choose any of the three competitors instead.
Apply for STACK ↗User reviews
What current and former cardholders are saying. Aggregated from Trustpilot, Reddit (/r/PersonalFinanceCanada), and our own community comments.
3.3 / 5 ★
156 reviews
Lara P.Vancouver, BC · Feb 2026
★★★★★
Outdated. App is meh. No rewards. 2.5% FX hurts on travel. Cancelled and got Wealthsimple Cash Card.