CIBC Air Canada® AC conversion™ Visa Prepaid card full review
Want to learn how to enjoy your holiday a little better? Then check our CIBC Air Canada® AC conversion™ Visa Prepaid card review to learn all the perks this card has to offer!
by Victória Lourenço
CIBC Air Canada® AC conversion™ Visa Prepaid card: a multi-currency solution for Canadian travelers
Travel much? Want a good option on prepaid cards to hold up multiple currencies while you hop from one destination to another? Then we might have just what you have been looking for! The CIBC Air Canada® AC conversion™ Visa Prepaid card is a solid take on a travel prepaid card holding lots of benefits if you are planning on going abroad for a while. So, check out our CIBC Air Canada® AC conversion™ Visa Prepaid card review and make the right decision!
|Credit Score||No credit score checking.|
|Bank and ATM Fees||No monthly or purchase fees in domestic currency. 2.5% exchange rate on international currency transactions.|
$0 for domestic ATMs. Variable fee for international ATMs, first monthly withdrawal is free.
|Cash Withdrawals||$2,000 CAD 24-hour maximum withdrawal limit.|
|Welcome Bonus||This card features no welcome bonus.|
|Rewards||For a limited time, earn 1% cashback on all purchases.|
How does the CIBC Air Canada® AC conversion™ Visa Prepaid card work?
Much like other prepaid card options, the CIBC Air Canada® AC conversion™ Visa Prepaid card works by preloading an amount into it in whichever currency you prefer (CIBC conversion fees apply). That balance will then be available for you to spend on your purchases, making it a very convenient and versatile way to carry money while traveling to other countries.
CIBC Air Canada® AC conversion™ Visa Prepaid card benefits
Holding up to ten different types of coins, with this card, you will have access to currencies used in over 25 different countries! From Euro to Turkish Liras, it offers multiple portability to support your country-hopping in an accessible presentation, all with very little and accessible fees. So, check out our list below with the pros and cons of this card!
- No customization fee.
- Accessible ATM withdrawals within Canada.
- The first monthly international withdrawal is free.
- Easy and versatile to use, load your card using the AC Conversion™ App.
- 1% cashback on all eligible purchases for a limited time.
- Exchange rates are market averages, meaning you still have to compare different options to choose the best one for you.
- Even though it features a reward plan, the package could include more benefits.
How good does your credit score need to be?
As a prepaid card, the CIBC Air Canada® AC conversion™ Visa Prepaid card doesn’t require a credit score check to confirm if you are eligible to be approved or not. Even further, its use doesn’t impact your credit score, making it a very reliable and safe choice for money-spending worry-free!
How to apply for CIBC Air Canada® AC conversion™ Visa Prepaid card?
Interested in knowing more about this jack-of-all-trades of a travel card? Then we offer you a guided walkthrough of its application process below! See our post and learn all there is to this great prepaid card!
How to apply for the Mycredit Mastercard® credit card?
Learn how to apply for a Mycredit Mastercard® credit card now and start earning unlimited cashback on every purchase you make. Check it out!Keep Reading
Learn the difference between a credit score and report!
If you are starting in the credit world, you may wonder what the difference between a credit score and a report is. Read on to find out!Keep Reading
You may also like
RBC Bank review: is it the best choice in Canada for you?
In this RBC Bank review you are going to find out what this bank has to offer and whether it’s for you. Read on to learn everything about one of Canada's most traditional banks.Keep Reading
Elon Musk is set on helping the Amazon through Starlink satellite
Elon Musk visited Brazil last week for a meeting with President Jair Bolsonaro regarding the Amazon – and how SpaceX can help bring internet and reinforce monitoring of the rainforest. See more below.Keep Reading
Buy On Trust Lending review: how does it work and is it good?
Read our Buy On Trust Lending review to know how you can get up to $5,000 in credit limits to buy your favorite electronic brands – even if you have a limited credit history!Keep Reading