Built to move you forward.
The Money Mart Mastercard is currently available by invitation only to select Money Mart customers. Stay tuned for updates as we expand eligibility.
Earn up to 5% cash back on the essentials1.
- Groceries
- Gas
- Transit
- Purchases made in foreign currency
PLUS, you could earn even more cash back when you use other Money Mart products and services. Your card is designed to help you save on the products and services you already use.
- MoneyGram money transfer service fee
- Cheque cashing item fee
- Currency exchange transaction fee
Get 1% cashback on Installment Loan payments3
On up to 12 monthly payments.No fee on Money Orders4
One standard service fee waived per month.No Fee on Foreign Currency Exchange Buy Back5
Unused foreign currency at the end of your trip? We will buy it back (up to $3,000 CAD equivalent) at the same rate you purchased it from us. One standard service fee waived per month.Insurance benefits
Protection that keeps you covered Your Money Mart Mastercard includes built-in protection and peace of mind.
Purchase assurance6
Protect eligible purchases against theft or damage, for up to 90 days from the date of purchase. Included with the cardholder account.Extended warranty7
Double the manufacturer’s warranty on eligible items (up to one additional year). Included with the cardholder account.Optional balance protection insurance8
Get extra support when life takes an unexpected turn. An additional charge applies for this optional service.Fee breakdown
Simple and straightforward.
Annual Interest Rate: 29.99%
Monthly fee: $9.99
Foreign Currency Conversion Fee: 2.5%9
Mobile App download
Manage your card anytime, anywhere.
Manage your card, view your transactions, track cash back and more with the Money Mart App.
FAQs
General Credit Card Information
What is a credit card and how does it work?
A credit card lets you borrow money up to a set limit to pay for things. Each month, you’ll get a statement showing what you spent. If you pay the full balance by the statement due date, you won’t be charged interest. If you don’t pay your full statement balance by the due date, interest will apply.
What is a credit limit?
Your credit limit is the maximum amount you can spend with your card. Your credit limit is based on factors like your income and credit history. Staying within your limit can help you build a good credit record.
How do I apply for a credit card?
The Money Mart Mastercard is currently available by invitation only to select Money Mart customers. Eligible customers must apply in-branch for their Money Mart Mastercard.
How long does it take to get approved?
Approval times can vary. Some applications may be approved within minutes, while others may take 7–10 business days if additional verification is required.
Fees & Charges
What is the fee for this card?
The Money Mart Mastercard has a monthly fee of $9.99. For information on all applicable fees, please refer to the Disclosure Statement.
What is the interest rate?
Please see the Disclosure Statement for full details on the interest rate.
The card includes an interest-free grace period on purchases. If you pay your full statement balance on or before the statement due date, you will not be charged interest on those purchases. If you do not pay the full statement balance by the due date, interest will apply.
Billing & Payments
How do I pay my credit card bill?
How do I view my statements online?
You can view your statements digitally by logging in to the Money Mart App. You can download the Money Mart App (download it here for IOS or Android)
Security & Fraud
Am I protected against credit card fraud?
Yes. If you believe you’ve been a victim of credit card fraud, please lock your card via the Money Mart App and call us at 1-800-361-1407 right away. We will review the situation and assist you.
What should I do if my card is lost or stolen?
If your card is lost or stolen, log in to the Money Mart App immediately to lock your card. Then call us at 1-800-361-1407 to report the issue to request a replacement card.
Is it safe to use my credit card when purchasing goods or services by phone or online?
- Only share your credit card number over the phone if you initiated the call and you’re confident about who you’re speaking with.
- Make online purchases through well-known or trusted retailers, and check that the website shows “https://” to indicate a secure connection.
- Avoid using public or unsecured Wi-Fi networks when entering payment information
- Monitor your account regularly through the Money Mart Mobile App so you can quickly spot anything unusual.
Rewards & Benefits
How do I earn cash back?
- Groceries
- Gas
- Transit
- Purchases made in a foreign currency
- MoneyGram money transfer service fee
- Cheque cashing item fee
- Currency exchange transaction fee
- On up to 12 monthly payments.
For full details, please see our Loyalty Cash Back Terms & Conditions.
How do I redeem my cash back?
- Gas
- Groceries
- Transit
- Foreign currency purchases
This means that when you make a purchase in one of these categories, you can apply your available cash back toward that type of transaction in the app.
Does my card come with any insurance benefits?
Yes, purchases made with the Money Mart Mastercard are covered by Purchase Assurance and Extended Warranty.
- Purchase Assurance provides coverage for eligible items against physical damage or theft for up to 90 days from the date of purchase6
- Extended Warranty extends the manufacturer’s warranty on eligible items for up to one additional year, matching the terms of the original warranty7
International Usage
Can I use my credit card overseas?
Yes. You can use your card anywhere Mastercard is accepted, including outside of Canada.
Do I need to notify Money Mart before traveling?
It’s recommended that you set up a travel notification in the Money Mart App. This helps reduce the chance that your transactions are flagged as unusual while you’re away.
Card Management
How do I lock or unlock my card?
You can lock or unlock your card at any time through the Money Mart App or by calling Customer Service at 1-800-361-1407.
Can I add supplementary cards?
No. At this time, supplementary cards, authorized users, and co-applicants are not available.
How do I replace a lost or damaged card?
You can request a replacement card through the Money Mart App or by calling us at 1-800-361-1407.
Credit Score & Reporting
What happens if I only pay the minimum amount?
- Interest continues to accrue
- Your overall balance may increase if you carry it forward from month to month.
- Your credit score can be affected over time, especially if your balance stays high compared to your credit limit or if you continue to carry debt for long periods.
Making more than the minimum payment whenever possible can help you reduce your balance faster and may have a positive impact on your credit health.
Money Mart Credit Card Balance Protection Plan
Are there any balance protection insurance options available to me?
Money Mart Mastercard offers optional balance protection insurance for an additional cost. To help determine whether this optional service meets your needs, please refer to the these FAQs:
Disclaimers
1 Mastercard’s merchant category codes (MCCs) are used to determine the category of your purchase. These codes are assigned by merchants and may change from time to time. Categories, rates and program rules may change. Cardholder account must be open and in good standing to be eligible for cash back. Purchase-based cash back is capped at $25 cash back earned per statement cycle.
2 5% cash back on Money Mart service fees applies to eligible MoneyGram, cheque cashing and currency exchange transactions. Cash back is calculated on the actual service fee paid. Cash back is only earned on eligible products or services that are for the primary cardholder’s personal use. For cheque cashing transactions, maximum cash back earned is $6 per cheque.
3 1% cash back on Installment Loan payments is available for up to the equivalent of 12 monthly payments per customer lifetime. Cash back applies only to payments made after card activation and only when both the cardholder account and Installment Loan are in good standing. Cash back is not earned on Installment Loans for customers who reside in BC, Manitoba and Newfoundland.
4 Fee waiver applies only to the standard service fee – one waiver per calendar month. Waiver must be applied at time of transaction and cannot be carried forward or redeemed retroactively. Eligibility requires the cardholder account be in good standing.
5 Fee waiver applies only to the standard service fee – one waiver per calendar month. Applies only to the repurchase of up to $3,000 CAD equivalent of foreign currency- standard fees apply above this amount. Waiver must be applied at time of transaction and cannot be retroactively redeemed. Eligibility requires the cardholder account be in good standing.
6 Coverage protects the insured item for 90 days from the date of purchase against physical damage or theft. Annual limit of CAD $1,000 - overall lifetime maximum of $60,000 per cardholder account.
7 Benefit extends the original manufacturer’s warranty for a maximum of one additional year. Annual limit of CAD $25,000 - overall lifetime maximum of $60,000 per cardholder account
8 Balance Protection Insurance is optional and is provided by Trans Global Insurance Company and Trans Global Life Insurance Company. Premiums are 1.5% of the insured balance plus applicable taxes. Eligibility, benefits, limits and exclusions apply, including requirements that the account be in good standing. You may cancel your coverage at any time, but if you cancel within 30 days (60 days in Quebec) and no claim has been made, you will get a refund of premiums paid. Full terms are outlined in the Certificate of Insurance – Credit Card Balance Protection Plan.
9 Foreign currency transactions will be converted to Canadian dollars using the Mastercard rate of exchange. You are charged a fee of 2.5% of the converted amount, on both credits and debits.