Re-loan Visa sign in Mogo Card No credit card aftershock Mogo Money Get up to $2500 today Stores Help Why get one? How it works Card gallery Meet Jack the overspender Jack’s like a lot of us. He loves the convenience of his credit card but ends up overspending every month. He’s tried budgeting but can’t seem to stick to it. Like the average Canadian (who now finds themselves in over $27k in debt), Jack is suffering from the aftershock of overspending and too much debt. Avg. Canadian Household Debt $27,000+ Jack’s life before Mogo Jack is out spending money he doesn’t have and keeps thinking the reward points will more than make up for it. Whenever he wants something, he just charges it to his credit card and has no real idea of what he can afford. Every month he opens his credit card statement and is shocked to find out how much he owes. He tries getting in control by sticking to his debit card but that doesn’t seem to work. With all the different things going through his bank account, he never really knows how much he has available to spend. He also can’t use his debit card for certain things like online shopping and is getting irritated by the ever increasing monthly fees. He knows there has got to be a better way. Then one day a friend tells him there’s a better way. There are three steps to avoiding credit card aftershock and having the life you dreamed of… 3 steps to avoiding credit card aftershock Get the best reloadable prepaid card The world’s first free designer Prepaid Visa Card with no monthly fees With over 30 designs to choose from, the Mogo Card is a Prepaid Visa Card that gives you the convenience of a credit card with the control of a debit card. But unlike a debit card, there’s no monthly fees and no risk of overdraft or NSF fees. You load it with your own money, and only spend what you load. 100% credit card debt free Stop using your credit card for everyday spending Credit cards make it too easy to overspend, so only use them in case of emergency. Every Mogo Card comes with free reminder stickers to help you stay away from your credit cards. Points are for suckers A typical rewards program will give you the equivalent of $10 in rewards value for every $1,000 you spend. Don’t be a sucker who overspends by thousands of dollars just to earn a few dollars in rewards. Take the Mogo 30 day challenge Stick to your Mogo Card for 30 days without using your credit card and turn it into a habit. On your payday transfer your spending money from your bank account to your Mogo Card for free. Know how much you have left to spend with free text message balance alerts. If you carry a credit card balance Start by only paying the minimum payment and see if you can first stick to your new routine without having to use your credit card. Once you’ve proven you can do this, you can begin increasing the payments on your credit card. You can also transfer your credit card balance to a credit card that has 0% interest for 12 months and start paying it off. Lower your bank fees By using your Mogo Card instead of your debit card you should be able to reduce your monthly fees by as much as $10 to $15 a month depending on what plan you’re on. From zero to hero In a few easy steps, Jack has stopped overspending and is now living aftershock free. He’s more in control of his spending than ever, and is making sure he only spends his money when it makes sense. No longer the nerd with the spending problem, Jack has become the hero with the cool Prepaid Visa Card. Stop aftershock and stay in control Sign up for a Mogo Prepaid Visa Card and enjoy the convenience of a credit card with the control of a debit card. Get a free card No monthly fees No credit check How the Mogo Card works Mogo Card gallery About Mogo Company About Mogo Careers Contact Pressroom Mogo Card fees Community Blog Facebook Twitter Pinterest Instagram Help Help centre Leave feedback 1.800.980.Mogo(6646) help@mogo.ca © 2014 Mogo Finance Technology Inc. All rights reserved. Made in Vancouver. Mogo and the Mogo designs are trade-marks of Mogo Finance Technology Inc., used under license. Visa® is a registered trademark of Visa International Service Association and used under license. Mogo Prepaid Visa Cards are owned and issued by All Trans Financial Services Credit Union Ltd. a TM licensee of Visa Int. and subject to Terms and Conditions. Use of the card is governed by the Agreement under which it is issued. Mogo Financial (B.C.) Inc. Licence 50019 & 50017 / Mogo Financial (Alberta) Inc. Licence 326985 / Mogo Financial (Ontario) Inc. Licence 4716734 / Mogo Financial Inc. Licence BC 50022 Ontario 4716733. Privacy Policy / Terms of use *Ontario maximum allowable cost per $100 borrowed is $21. Our cost per $100 borrowed is $10.50 for 14 days, $21 for 14 days or $21 for 30 days. Example: For a $300 loan for 14 days the total cost of borrowing is $31.50 or $63 or for a $300 loan for 30 days the total cost of borrowing is $63. In BC and Alberta based on $11.50 per $100 for 14 days (APR 299.8%), $23 per $100 for 14 days (APR 599.6%) and $23 per $100 for 30 days (APR 279.8%).