No-fee Banking for Canadian Businesses

Loop is completely free to use, but unlike your bank, we're going to share every fee you might incur, because we believe in radical transparency.

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Multi-currency Accounts

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No account opening fee

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No monthly fee

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No minimum deposits

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Free incoming transfers

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Cards

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Unlimited free virtual cards

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No monthly or annual fees

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No FX Fees on USD, CAD, EUR and GBP purchases

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2 free physical cards

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Up to 55 days interest free spending

International Payments

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Free local and international transfers to payees around the world

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No FX fees when you pay in the currency you have

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Add an unlimited number of suppliers for free

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50bps of FX markup if you need to pay in 37+ other currencies

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Capital

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Interest rates range from 0.8% - 2% per month

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No up front fees or set up costs

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Monthly access fee from $79 to $499.

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Flexible repayment

Too good to be true?

Well, it isn't. This is real - no strings attached. No hidden fees. Just a card that will help your ecommerce business grow - it's why we built Loop.

Get Your Free Loop Account
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