Our exchange rates are significantly lower than traditional banks, which typically charge around 3.00%. The rate you receive depends on your subscription plan:
Essentials Plan: 0.45% per conversion ($0/month)
Plus Plan: 0.35% per conversion ($40/month)
Pro Plan: 0.25% per conversion ($100/month)
To determine how much you need to convert in FX transactions to fully offset the additional $100/month Pro Plan fee compared to the Essentials and Plus Plans:
If you’re considering upgrading from the Plus Plan ($40/month) to the Pro Plan ($100/month), you need to convert at least $60,000 CAD per month to save an extra $60/month in FX fees—fully covering the increased subscription cost.
For those upgrading from the Essentials Plan ($0/month) to the Pro Plan ($100/month), you need to convert $50,000 CAD per month to save $100/month, making the Pro Plan cost-neutral based on FX savings alone.
If your monthly FX conversions exceed these amounts, the Pro Plan is the most cost-effective choice for FX transactions alone.
However, the Pro Plan also includes additional benefits beyond lower FX rates, such as:
✅ Unlimited 1% cashback on eligible card purchases
✅ Multi-step payment approval rules to ensure payments are reviewed and approved before being sent—preventing irreversible transactions
✅ Other advanced business features to optimize your financial operations
So, while FX savings alone may justify the upgrade, you may also want to consider the full suite of Pro Plan benefits to maximize your business potential.