All the details about the fees charged by Bambora
Here are details of all fees charged by Bambora in CAD, plus taxes.
Account opening fees (One-time payment)
This is a fee charged when activating the account.
The opening of a Credit Cards only account is $ 49.
There is no charge for opening a Direct Debit Account.
Monthly fee
Monthly fees include support, security, etc.
For a Credit Cards account only, the monthly fee is $ 15.
For a Direct Debit account, the monthly fee is $ 15.
For a Credit Cards and Direct Debit account, the monthly fee is $ 15.
Transaction fees
Concerns about standard cards like Mastercard or Visa (does not include American Express).
Credit card
The fee is 2.89% + $ 0.25 per transaction.
A transaction error results in a fee of $ 0.25 (the 2.89% fee is therefore not charged for a refused transaction).
Bank direct debits
The fee is $ 0.50 per transaction.
A transaction in error causes a fee of $ 25 (lack of funds, incorrect banking information, etc.).
* Important: Transaction fees are not refunded if a transaction is refunded to the customer.