The biggest shopping weekend is right around the corner with Black Friday and Cyber Monday coming up on November 29th and December 2nd. Thousands of stores and online retailers are preparing to ensure shopaholics (us included) have an amazing and successful shopping weekend.
Did you know that Black Friday is now the largest shopping day of the year in Canada? Retailers reported that store sales were up approximately 5% on Black Friday and Cyber Monday (see source). As this day is becoming more and more popular, there continues to be an increase in the amount of online debit and credit card fraud relating to retail purchases. Scammers now know that it is the perfect time to target shoppers who are making rushed and impulsive purchases.
With all the shopping across Canada and the United States during the holidays, using your credit card can be a little bit risky - That’s where a Canada Post Prepaid Reloadable Visa Card can come in handy to help ensure a secure and easy process for holiday shopping.
Giving out credit card information to unknown retailers, either in store or online, can sometimes make you feel not as safe as you’d like to be and can take away from the fun experience of purchasing gifts for the season. But, with a Prepaid Reloadable Visa Card, you can limit the amount of funds put on the card, and with chip and pin feel safe using the prepaid card at every store visited. Plus, a Prepaid Reloadable Visa Card has all the benefits of credit and debit cards, including Visa’s zero liability policy, and it has the added benefit of not being linked to your core personal bank account.
Being able to load specific amounts of funds on a prepaid card also helps to maintain holiday budgets - as we all know it can be challenging to not get carried away when a good deal is spotted! Before the big shopping weekend, planning to load a card with a set amount of money in order to not go overboard is one of the best ways to keep holiday spending under control --- And if more funds need to be added, you can conveniently use e-transfer through our Zenwallet app or visit one of over 5,500 Canada post locations to load your card.
If you don’t have a credit card to use or want to take that extra step of security during busy holiday shopping times, a Canada Post Prepaid Reloadable Visa Card is a great way to shop for the best deals in a simple and secure way!
Find a Canada Post location to get your Prepaid Reloadable Visa!