Loop Accounts and Cards
Learn how Loop’s product suite helps you manage global finances.
34 articles
General
Get a clear overview of Loop Accounts and Card types.
- Loop Cards ExplainedChoose from Account-Linked Cards that spend directly from your Loop balances or the Loop Global Visa Credit Card that gives you up to $1 million in multi-currency credit — both built to eliminate unnecessary…
- Loop Accounts ExplainedLoop Accounts are the foundation of how you manage, move, and spend money within your Loop workspace. Both account types — Operating and Currency - work together to make global…
- Understanding Your Loop Account StatementsA walkthrough of when account statements are generated for your Loop accounts
- Disputing an Unauthorized Transaction
- Enhanced Balance InsightsEnhanced Balance Insights provides a visual breakdown of balances across Loop accounts, including an estimated total balance in CAD and historical running balance trend graphs for both the consolidated total…
Account Linked Cards
Your money, your card — pay straight from your wallet.
- What are Account-Linked Cards?Account-Linked Cards (ALCs) let you spend directly from your available Loop account balances. Each card can be configured as multi-currency or single-currency, with no FX fees when spending in CAD, USD, EUR, or GBP.
- Account-Linked Cards Settings OverviewYou can manage every aspect of your Loop Account-Linked Cards from the Cards page in your dashboard. From here, you can view details, freeze or unfreeze a card, adjust spending controls, share card access,…
How To
Master the essentials: cards, accounts, payments, and transaction controls.
- How to Add Your Loop Global Visa Card to Apple Pay or Google PayYou can add both your Loop Global Visa Credit Card and/or Account-Linked Cards to Apple Pay and Google Pay for secure, contactless payments anywhere these wallets are accepted. Setup takes just a few taps — then you can…
- How to Create a Loop Global Visa CardCreate a Loop Card in minutes — choose between a Virtual or Physical Loop Global Visa card. Virtual cards are best for online payments, while physical cards let you spend anywhere Visa is accepted.
- What can I use the Loop Global Visa Card for?You can use your Loop Global Visa Card — virtual or physical — for everyday business-related expenses. From online advertising and software subscriptions to travel and team meals, Loop Cards make…
- How To Open Your Loop CAD AccountOpen a Loop Canadian Business Operating Account (CAD Account) in minutes from your Dashboard. This account gives you full Canadian banking details, no monthly fees, and unlimited transactions — all built for…
- How to generate a transaction report for a specific Loop Global Visa CardYou can generate a detailed transaction report for any specific Loop Card directly from your Dashboard. Filter by date range, select the card you want, and export the data as a CSV…
- How to export transactions from LoopExport your Loop transactions in Excel or CSV format for easy reporting, reconciliation, or accounting. You can export data for any product directly from your Dashboard.
- How to activate and manage your Loop Global Visa CardActivate your Loop Global Visa Card in a few quick steps, then manage it directly from your Dashboard. You can view card details, adjust spending limits, freeze or cancel a…
- How to Set a Card-Based Spending LimitYou can control how much and where a card can spend by setting Spending Limits and Spend Settings. Card owners can set limits that refresh monthly, annually, or never, and manage which merchant…
- How to set up notifications for real-time card spendingSet up real-time spending notifications in your Loop Dashboard to stay informed about every card transaction. You can choose which events trigger notifications and who receives them — so your…
- How to set up Instant Intrabank transfersAt Loop, we’ve always aimed to make moving money easier, faster and cost you less. That’s why we’re excited to introduce free Instant Intrabank Transfers — now available for all…
- How to suspend or cancel a Loop CardYou can temporarily freeze a Loop card or permanently suspend it if it’s lost or stolen. Frozen cards can’t be charged until unfrozen, while suspended cards are permanently deactivated and…
- How to replace a Loop CardIf your Loop Card is lost, stolen, or needs updating, you can create a replacement in minutes. Report the old card to permanently suspend it, then follow the same flow…
- How do I set up my Loop USD Bank Account?You can open a USD Account with local U.S. bank account details through Loop in two business days or less. This lets you receive payments from U.S. marketplaces and customers,…
- How do I connect my Loop USD Bank Account to PayPal?You can link your Loop USD Bank Account to PayPal in just a few minutes. This allows you to transfer money between your Loop Account and PayPal for payments, purchases,…
- Faster Clearing Deposits into Loop Account.
- Transfer funds to and from your Loop Account and your external bank accountYou can move money between your Loop Account and external bank account once they’re linked. Standard bank transfers take up to 4 business days, but if you’re using a CAD…
- How to Set, View, and Reset your PIN for a Physical CardManage your physical card PIN directly from your Dashboard. You can set a new PIN, view your PIN, or reset your PIN attempts in just a few steps from the…
- Account AutomationsAccount Automations is a set of tools that let you create rules to move money between eligible Loop accounts or to and from linked external accounts automatically. Two automations are…
FAQs
Quick answers to your top Loop Card and Account questions.
- Countries where the Loop Card is not acceptedLoop Cards work anywhere Visa is accepted, except in a few countries blocked for compliance reasons. See the full list of restricted regions.
- Does the Loop Card work with Facebook and Google Ads?Yes — all Loop Card types work with Meta, Google, TikTok, and LinkedIn Ads. Pay ad spend in CAD, USD, EUR, or GBP, anywhere Visa is accepted.
- How long does it take to receive the Loop Card?Physical Loop Cards typically arrive within 3–5 business days, while Virtual Cards are issued instantly. Here's what to expect on delivery times and shipping.
- How to add additional addresses to your Loop CardIf you’ve ever reached checkout and been stopped by a missing ZIP code, Loop has you covered. You can add an additional U.S. or Canadian address to your Loop Card in just a few…
- How many Loop Cards can I have?Your Loop plan sets your card limits. Free plans allow up to 20 virtual and 2 physical cards; Loop Plus and Power offer unlimited virtual cards.
- How much does it cost to open a Loop Account?Opening a multi-currency Loop Account is free — no setup or monthly fees, with online access to CAD, USD, GBP, and EUR accounts.
- What currencies are the Loop Accounts available in?Loop offers Operating Accounts in CAD, USD, EUR, and GBP. Each account provides real local banking details, allowing your business to receive and send payments as if you held a local bank account in…
- Why was my Loop card transaction declined?Common reasons a Loop card transaction is declined — insufficient funds, spending limits, inactive cards, billing mismatches, fraud holds — and how to fix each.
- Trouble Signing In?Resolve the most common Loop sign-in issues — forgotten passwords, missing MFA verification codes, and Google sign-in problems.