A CANVAS card is accepted at all the places in Australia and throughout the world where Visa Cards are accepted.
Use it for any occasion, be it shopping, gaming, dining, or paying online for your flights and tickets.
PRODUCT NO LONGER AVAILABLE
This product is no long available for new applications.
What are the benefits of Canvas Visa Prepaid Debit Card?
- Prepaid convenience - The CANVAS Card offers innumerable benefits to the cardholder. It's prepaid, which makes it easier for cardholders to budget and control what they are spending.
- Easy account management - Managing your money is also easy as you can check your card balance and transaction history online or via your mobile phone free of charge, anytime, from anywhere.
- Fees and charges - There are a few fees potential customers need to be aware of. There is a monthly account-keeping fee of $2.95, and there is a fee of $3.95 every time funds are loaded onto the card. There is also a $0.25 fee for card to card transactions and a $0.50 Australian ATM transaction fee.The good thing is that you now need not worry about carrying loads of money while travelling or going out for shopping. However, with a prepaid balance limiting the amount you can spend, staying within budget gets easier and effortless. It also saves the cardholder from the trouble of opening a bank account to carry out transactions. All that is required of you is to load the funds and enjoy spending without bothering about any hidden charges or credit verifying requirements.
- Link your card to your mobile phone with YAP - YAP is a mobile payments service that allows you to link your CANVAS card to your mobile phone free of charge. This service allows you to check your card balance, transaction history and send money by simply sending an SMS.
How does the card work?
It is quite simple and effortless to use this card. Once you attain a Canvas Visa Prepaid Card, simple load funds onto the card, and then you are free to use the funds as you may please - wherever Visa Prepaid Cards are accepted worldwide. Once the balance gets low, or you know that you may need more money for a certain transaction, just reload the money back in the card.
There are no restrictions as to the usage of the card. As these are Visa cards, they can be used at any place where Visa is accepted. This gives you a freehand to utilise your loaded money in shops, online, over the phone and at ATMs.
Even for places that does not accept visa card, the Canvas Visa Prepaid Card makes it possible to withdraw the balance amount from any ATM across Australia or in any part of the world. So not only do you have the benefit of a prepaid card in your hand, you can enjoy the advantage of having cash if that is what the situation demands.
This card is also a tremendous way to control and manage your spending limit. Any transactions exceeding the limit of funds in the card will automatically be rejected. This not only secures excessive spending but also saves from any interest expenses for overdrawing. Thus this card facilitates rational spending, offering credit card benefits but with a check and savings.
Reloading the CANVAS Visa Prepaid Card
As the CANVAS Card is a prepaid debit card, it requires initial loading and then reloading of funds to ensure sufficient amount available for expenditures. The process is quite simple and takes no time at all.
The cards can be reloaded with the Reload Packs that are easily available from Australia Post outlets. These packs are available in the denominations of $50 to $500, including $100 and $250. You may purchase the pack as per your spending requires. Also this pack can be repurchased as and when required.
Funds can also be loaded onto the card via BPAY®. To ensure security and ease of payments, they can be dealt with by the financial institution you already do business with, through their Internet or telephone banking services.
It may take around three days before the funds loaded are available for use. However, one may be satisfied and contented that once the funds are transferred, the cardholder will have no issues in using those funds.
Those seeking more convenience can reload their cards using cash at participating retailers. These may include various BP stations, a number of newsagents, and several other shops that may be exhibiting the logo of e-Pay.
Just pay the amount to be loaded into the card to the outlet staff and they will swipe your card to transfer that amount onto the card. With just a simple swipe, you have the luxury of spending the funds as per your desire and need.