Credit and Capital
Everything you need to know about the Loop Global Visa Credit Card.
9 articles
FAQs
Fast answers to common Loop Credit Card questions.
Past Due Accounts: FAQIf your Loop Credit account becomes past due, you’ll need to bring your balance current before regaining access to credit. This guide answers common questions about payments, due dates, fees,…
How do I pay my Loop Card statement?You can pay your Loop Card statement directly from your Loop account or from an external connected bank account. Choose to pay in individual currencies (CAD, USD, GBP, or EUR)…
What is Instant Deposit?Instant Deposit lets you access part of your credit limit right away after making a repayment from an external bank account—no more waiting several business days for funds to clear.
How does the interest-free period work?Loop’s interest-free period gives you more time to pay your Loop Global Visa Credit Card balance without incurring interest. You’ll get roughly 15 extra days compared to a typical business…
What do you mean by "spend in the original currency"?When you use your Loop Card abroad or online in another currency, the transaction happens directly in that foreign currency — not converted from your home currency. This means no…
How do I pay my balance back in foreign currencies?You can repay your Loop Card balances in the same currency they were charged. If you hold multiple foreign currency balances, you can pay each one directly from your corresponding…
What is my billing cycle?Your billing cycle is the recurring period that determines when your credit card balance resets. You can view it anytime in your Loop Dashboard under Cards → View Balances. Your billing…
Are there annual fees for the Loop Global Visa Credit Card?No. Loop Cards have no annual or recurring fees. You can also cancel your card anytime with no penalties — as long as your balance is fully paid.