Beacon is a no-fee account for newcomers to Canada, built for Indians, international students and NRIs. Open it before you arrive, get your Visa card, and start spending in Canada from day one, with no monthly fees and no credit check.
Beacon Prepaid Visa Card
our Beacon card works at any store, online, or ATM in Canada – tap, swipe, or withdraw cash, wherever you are.
Yes. Beacon is Bank of Canada and FINTRAC registered and held to the same standards as any Canadian financial institutions. Your funds are held at Digital Commerce Bank.
For NRIs & OCIs in Canada — and those moving soon. Trusted by 150,000+ people.
Download the Beacon app. No monthly fees.
Simply use your Canadian driver’s licence or Indian passport.
Transfer funds from Canada or your home country.
Tap to pay or send money to Canada and India.
For NRIs & OCIs in Canada — and those moving soon. Trusted by 150,000+ people.
Download the Beacon app. No monthly fees.
Simply use your Canadian driver’s licence or Indian passport.
Transfer funds from Canada or your home country.
Tap to pay or send money to Canada and India.
Everything you need, One app.
Set up in minutes, from home.
Set up in minutes, from home.
Your money flies with you.
Your money flies with you.
Land ready. Start living.
Land ready. Start living.
Beacon is the only solution designed for your entire arrival journey – not just one part of it.
What you need
Banks
Remittance apps
Beacon
Active before arrival
Spend instantly in Canada
Full account experience
Built for newcomers
To open a Beacon Money account, you’ll need to submit a few documents as part of the KYC process:
For Canadian citizens or permanent residents:
For others:
Ensure all documents are clear and current for a seamless application process!
All customer funds are securely held with a Schedule 1 bank in Canada, ensuring the highest standards of safety and trust. Beacon is compliant with FINTRAC, Canada’s government regulatory body.
You can request a physical Beacon card from within the Beacon app. Your card will be delivered to your Canadian address within 7-10 business days. If you haven’t received it after 10 days, please contact support via in-app chat or email.
Yes, you can! Just click the copy icon next to the card number on your virtual card, then manually enter the details – card number, CVV, and expiry date into your Apple, Samsung, or Google Wallet. After that, you can use your virtual card for future transactions.
You can withdraw money from your Beacon Money account at any Visa-enabled ATM worldwide. While Beacon doesn’t charge withdrawal fees, the ATM provider may apply a fee, which can vary depending on the bank/ATM provider. Be sure to check these charges before completing your transaction.
No credit history is needed. Beacon has no credit check, so newcomers and international students can open an account even if they’ve never had a Canadian credit file.
Beacon has no monthly fees and no minimum balance. Opening the account is free, and your Beacon Visa card comes at no extra cost. Transfers to India through Beacon UPI have a $0 service fee.
Yes. With Beacon, you can open your no-fee account for newcomers to Canada while you’re still in your home country. Download the app, verify your identity, and your account is ready before you land. Your Visa card is mailed to your Canadian address and available as a virtual card right away, so you can start spending from day one.
Get the My Beacon App
Scan QR code to download the app Android & iOS
Have a referral code? You can enter it during signup.
