See how the MuchMusic Prepaid MasterCard® stacks up against debit cards & other ways to pay for what you want.
Pay once for the MuchMusic Prepaid MasterCard® and use it as much as you want. There is a small fee for Reload but other than that, you are ready to shop without fees!
| MuchMusic Prepaid MasterCard | DEBIT CARD | CREDIT CARD | Other Prepaid Cards | |
|---|---|---|---|---|
| Monthly fee | $0 | $1.25 - $16.50 | $0 | $2.50 - $7.95 |
| Annual fee | $34.95 | $0 - $8.95 | $0 - $120.00 | $14.95 - $39.95 |
| Purchase fee | $0 | $0.50 - $1.50 (Interac) | See interest charges | $0 - $0.50 |
| ATM withdrawal fee | $1.00 | $1.50 - $3.50 | $1.50 - $3.50 | $0.50 - $3.50 |
| Re-load fee (online) | $1.50 | N/A | N/A | $1.50 - $4.95 |
| Interest charges | N/A | N/A | 15% - 20% | N/A |
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+Based on use in Canada only
In order to make the MuchMusic Prepaid MasterCard possible - there are a few fees that have to be paid. We did our best to keep these fees to a minimum and if you take a close look at debit cards, credit cards and other prepaid cards you will notice that there are many hidden fees that you pay. We want you to know all of the charges included in the card so we have provided a comparison table above. Of course, the variety in fees is due to the number of different cards available in the market today. Each Canadian bank issues a variety of student debit cards, adult debit cards and credit cards with different fee structures depending on client spending habits.
