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Why Venn stands out versus other financial institutions?

Michael Tan avatar
Written by Michael Tan
Updated over a month ago

Savings you can immediately expect:

  1. Fees to send a Wire (SWIFT):
    Venn: $6 - $10 only
    Others: $45 and up

  2. Fees to convert currencies:
    Venn: 0.25% - 0.45% only
    Others: 3.00% + $10 fees

  3. Fees on card:
    Venn: $0 credit card fees
    Others: Expensive late fees

Benefits from a Venn Mastercard you can immediately expect:

  1. No Surprise Fees
    The Venn Mastercard only works if you have enough funds - so no unexpected credit card charges.

  2. Instant Virtual & Physical Card
    Get a virtual card instantly for online use. Physical cards can arrive within 3 business days.

  3. Cashback Rewards: Earn 1% on your card purchases - automatically save as you spend on business essentials.

  4. Great FX Rates
    Enjoy low FX rates from 0.25% - much lower than the 3.00%+ charged by other cards.

  5. Smart Currency Matching
    We’ll use your USD, GBP, or EUR balance if available - so you avoid conversion fees.

  6. No Funds? No Problem
    If your foreign currency balance is low, we’ll automatically process the transaction in CAD.

  7. Smart Expense Controls: Manage all company spending with unlimited cards, set individual limits, and lock or delete cards anytime.

  8. Contactless Payments: Link any Venn Mastercard for immediate and secure use with Apple Pay or Google Pay.

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