Shakepay Card
by Peoples Trust Company
The Shakepay Card is a Peoples Trust Company Visa prepaid card for Canadian residents. Every signup gets an instant virtual card plus a physical card mailed (typically within 21 days; Canada Post; no PO boxes). Spend from the CAD balance with bitcoin cashback by Reward Status (Base/Bright 1%, Blue 1.5%). FX fees 3%/1.5%/0% by status. Physical card enables chip-and-PIN and ATM cash withdrawals ($500/txn, $1,000/day). Apple Pay and Google Pay supported where available. No annual fee or credit check.
Unique Features
- Physical Visa prepaid mailed to all cardholders (virtual issued immediately)
- ShakeSquads social stacking
- ShakingSats daily engagement rewards by status
Pros
- 1% to 1.5% cashback paid in bitcoin by status
- No monthly, annual, or account maintenance fees; free Interac e-Transfer funding
- Physical + virtual cards; ATM cash with physical card
- Interest on CAD balances paid in bitcoin (up to 3% primary / 5% Blue savings tier)
Cons
- Canada only
- Physical card required for ATM cash and some chip/PIN merchants
- No direct crypto spending (must sell to CAD first)
- Best rates (0% FX and 1.5% cashback) need Blue: $1k+ crypto exchange or $2k+ eligible direct deposits per month
- Cashback pending until merchant settlement (can take days)
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) on non-CAD card purchases. No activation fee; card free to acquire. No fees for Interac e-Transfer deposits or withdrawals. Platform makes money via the spread on BTC/ETH/USD conversions. ATM: Shakepay does not list its own ATM fee; ATM operator fees, foreign transaction fees, and regional restrictions may apply.
Limits & Conditions
Card spend: $5,000 CAD per transaction, $5,000 CAD per day, $50,000 CAD per month (daily limit resets midnight UTC). ATM: $500 per transaction, $1,000 daily (physical card + PLUS ATMs). Apple/Google Pay tap often capped near $250 by wallet/merchant. Canada residents only (all 13 provinces/territories).
Crypto Capabilities
Security & Custody
Supported Assets
