OFX · Account-funded
OFX Corporate Card review
The OFX Corporate Card is an account-funded Visa: spending draws from your OFX account rather than a credit line. It supports CAD plus 30 international currencies, charges no foreign transaction fee on the card and pays 1% eligible cashback under OFX’s programme terms.
Who OFX is best for
Businesses that spend in many currencies, companies already using OFX for international payments and teams that want to avoid card foreign transaction fees.
Businesses that want a line of credit and companies that only spend in CAD.
The OFX Corporate Card is an account-funded Visa: spending draws from your OFX account rather than a credit line. It supports CAD plus 30 international currencies, charges no foreign transaction fee on the card and pays 1% eligible cashback under OFX’s programme terms.
It’s built for businesses that already pay suppliers abroad and want card spending to sit alongside their international payments. FX conversion is priced separately, so compare OFX’s conversion costs with Airwallex or Wise before you commit. OFX is rated 4.2 on Trustpilot, based on reviews of its whole business.
Fees, features and eligibility
| Rewards | 1% eligible (programme terms apply) |
|---|---|
| Payment terms | Spends from account balance |
| Foreign transaction fee | C$0 (FX conversion priced separately) |
| Card type | Account-funded |
| Currencies | CAD plus 30 others |
Source: OFX published product information.
What stands out
Pros
- CAD plus 30 international currencies
- C$0 foreign transaction fee
- 1% eligible cashback
Cons
- No credit line: spends from your account balance
- FX conversion is priced separately
OFX: common questions
Is the OFX card a credit card?
No. It’s an account-funded Visa, so purchases are paid from your OFX account balance.
How many currencies does the OFX card support?
CAD plus 30 international currencies, 31 in total.
Does the OFX card charge foreign transaction fees?
The card has a C$0 foreign transaction fee. Currency conversion is priced separately.
Does the OFX card earn cashback?
Yes, 1% on eligible spend, subject to OFX’s programme terms.
Used OFX? Help other businesses choose.
