Loop Plus is built for growing small businesses with teams and regular FX transactions. You'll get lower FX rates, more cards, and better rewards — perfect for managing up to $80K/month in FX.
Overview
Loop Plus helps small businesses save on FX costs and manage spending across multiple team members. With just 27 basis points (1 bps = 0.01%), you get enhanced card access, 2× rewards on CAD spend, and a lower FX rate — all for $79/month.
Key features
Price: $79/month
FX Conversion Rate: 27 basis points (half the cost of Loop Basic)
Cards: 10 physical, unlimited virtual
Rewards: 2× on CAD spend, 1× on USD, GBP and EUR spend
Redeem Points: Gift cards
Upgrade Anytime: Move to Power as your team or FX needs grow
Ideal for
Small businesses with small teams
Companies doing $20K–$80K/month in FX conversions
Businesses needing multiple cards or more control over team spending
At 27 bps, Plus can save real money:
$40K/month at 27 bps = $100/month in FX fees
On Basic (50 bps), that same $40K/month = $200/month — a $100 saving that covers your $79 subscription and more.
Notes
FX rates only apply to conversions and international payments.
Month-to-month flexibility — no contract required.
You can downgrade anytime if your FX volume drops.
The fee reduces to $71/month if you sign up for a 12-month subscription.
FAQs
Can I switch back to Basic?
Yes, you can downgrade anytime from your Loop Dashboard.
When does Plus make sense financially?
Once your FX volume exceeds ~$20K/month, the lower 27 bps rate usually offsets the $79 fee.
Do I get more cards on Plus?
Yes — 10 physical and unlimited virtual cards.
Do rewards improve on Plus?
Yes, you'll earn 2× points on CAD spend and 1× on other currencies.