Shakepay Card
by Peoples Trust Company
The Shakepay Card is a virtual-only prepaid Visa designed for the Canadian market. It integrates deeply with the Shakepay exchange, offering rewards exclusively in Bitcoin. Unlike traditional cashback cards, the Shakepay Card rewards users exclusively in Bitcoin (BTC). The platform emphasizes "social stacking" through features like ShakeSquads, where groups of friends earn Bitcoin together on every purchase. The card is part of a broader financial ecosystem that includes high-yield interest on cash balances (paid in BTC) and a gamified "ShakingSats" feature that rewards daily app engagement. The fee structure and reward rates are dynamic, determined by a three-tier "Reward Status" system (Base, Bright, and Blue) which is updated monthly based on the user's account activity, such as direct deposits or crypto exchanges.
Pros
- Earn a base of 1% to 1.5% cashback paid directly in Bitcoin
- Zero monthly, annual, or account maintenance fees, and no fees for Interac e-Transfer deposits or withdrawals.
- Users can earn up to 3% APY on their cash (CAD/USD) balances
Cons
- Canada only
- Virtual only (thus limited ATM Access)
- No Direct Crypto Spending
- To get the best benefits (0% FX and 1.5% cashback) there are high activity thresholds ($1k+ in crypto exchanges, $2k+ deposits)
Integrations & Tech
Available In (1)
Tier Comparison
Base
1% CashbackFee Structure
Detailed Fee Structure
Base: 3%, Bright: 1.5%, Blue: 0%
Detailed Limits
Fee Details
FX fee is 3% (Base), 1.5% (Bright), or 0% (Blue). No fees for Interac e-Transfer deposits or withdrawals. Platform makes money via the spread on BTC/ETH/USD conversions.
Limits & Conditions
$3,000 limit per single transaction. ATM limit is $500 per transaction and $1,000 per day (via mobile wallet tap at enabled ATMs).
Crypto Capabilities
Security & Custody
Supported Assets
