Pricing Plans

Banking fees should be simple and honest.

Get transparent FX rates and honest pricing with no fine print and never any surprises.

Basic

$0/mo

Basic features to get you started as an international business.
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0.50% FX Fee
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Earn 1x points on Card Spend
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Free USD, EUR and GBP Accounts
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Free International Payments
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Unlimited Team Members
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20 Virtual Cards
Start Free
Loop Power

$199/mo

All Loop features plus even more power for scaling companies.
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Market-leading 0.1% FX fee
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Custom rewards
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Dedicated concierge
Get Started
Free

$0/mo

Basic features to get you started as an international business.
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0.50% FX Fee
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Earn 1x points on Card Spend
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Free USD, EUR and GBP Accounts
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Free International Payments
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Unlimited Team Members
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20 Virtual Cards
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0.50% for Payment Requests
Start Free
Loop Power

$199/mo

All Loop features plus even more power for scaling companies.
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Market-leading 0.1% FX fee
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Custom rewards
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Dedicated concierge
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Payment Requests capped at $10
Get Started
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Pricing comparison

Bank on Loop to save money, save time and grow globally with competitive rates, low fees and flexibility.

Corporate cards

Basic

Plus

0% FX fees on USD, GBP, EUR, CAD purchases

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Unlimited cardholders

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Credit

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Free physical cards

2

10

Unlimited virtual cards

20

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Banking

Basic

Plus

No fee US, UK, EU bank accounts

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Unlimited ACH, EFT, SEPA transfers

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Account minimums

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Account fees

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Payments

Basic

Plus

Free wire transfers

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Sending limits

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Automated ACH billing

0.5% per invoice + $1

0.25% per invoice + $1

Automated EFT billing

0.5% per invoice +$1

0.25% per invoice + $1

Foreign Exchange

Basic

Plus

FX rate on converting currencies

0.5%

0.25%

USD, GBP, Euro, CAD corporate cards

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FX fees on cards for USD, GBP, EUR and CAD

0%

0%

Other features

Basic

Plus

Unlimited users

0%

0%

Bookkeeper + accounting permissions

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Integration with Quickbooks and Xero

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Custom rules and approval controls

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SMS receipt capture

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Check our Rates

Looking for custom pricing

If you are a larger business and looking for custom rates that fit your specific needs - submit your email below and someone from our team will get in touch.
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Frequently Asked Questions

Still have questions?
Contact Us
What do you mean by “spend in other currencies with no FX”?

Loop offers multi-currency cards that are not locked into just spending with one currency. You can spend in CAD, USD, EUR and GBP with your Loop card, without incurring FX fees on your purchases. Your balances owing are displayed per currency, and can be settled per currency as well. Because your Loop Card allows you to pay back in the currency you spent in, you won’t have to perform any unwanted currency conversions.


How do I pay my balance back in foreign currencies?

You will be able to see multiple balances outstanding on your Loop dashboard (one for each currency). If you have Canadian-based foreign currency accounts (eg. a USD at a Canadian bank), you can then transfer against the outstanding balance of each currency directly from your bank account to your Loop Card balance at the end of your billing period.


What if I don't have a USD, EUR, or GBP currency account or enough money in it to pay back the balance I owe?

If you only have a CAD bank account, you can still make purchases in foreign currencies without the card converting it to CAD. At the end of your billing period, you can then decide to convert money from your CAD account into the currencies you owe. If you need to do this, Loop offers global FX conversion with a 0.5% mark-up. This is significantly less than a bank, which charges a 3-4% markup on average and it’s even better than online FX service providers like Transferwise and OFX.


What are the FX fees?

We have eliminated as many fees as possible to keep things as simple as possible for you. Card transactions that match any of the currencies enabled on your card don’t result in any FX and therefore are completely free. If you spend in a currency that is not enabled on your Loop card the FX fee will be the Mastercard® rate plus a 0.1% - 0.5% markup depending on your Loop subscription plan.

If you only have a CAD bank account, you can still make purchases in foreign currencies without the card converting it to CAD. At the end of your billing period, you can decide to convert money from your CAD account into the currencies you owe. If you need to do this, Loop offers low-cost FX conversion with only a 0.1% - 0.5% mark-up (depending on your Loop subscription plan). Most banks charge a 3-4% markup on average.

In most cases, Loop's FX rates are even better than online FX service providers like Transferwise and OFX. When you need to exchange currencies, doing your FX through your Loop Card significantly saves businesses both time and money.


How many cards can I get?

Free users will get up to 20 virtual cards and up to 2 physical cards. Loop Plus and Power users will get unlimited virtual cards and up to 10 physical cards. Loop Cards should be used only for their intended purposes, such as making online purchases, paying bills, paying for advertising or managing subscription services. If you have any questions about our fair use policy or any other limitations on virtual card creation on our platform, please contact our customer support for further assistance.

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