Even the government has noticed there’s a problem with all the bank fees and has now mandated that all big banks offer a no-fee option, but only for consumers they see as “vulnerable” such as students, senior citizens and low-income Canadians. Although this is a good start, there’s still a long way to go. What’s more, the no fee option only includes up to 12 free debit transactions, which easily adds up quickly if you are active in using your card. Considering the average Canadian has record debt levels of $27,000, Mogo believes it’s time everyone had a free option without any limits on the number of transactions. This is the thinking behind Mogo’s Prepaid Visa Card; it’s free and you get unlimited monthly transactions. Considering the banks just came off a record 2013 and are continuing to report record profits, I’m not sure we’re going to see them move to unlimited free transactions anytime soon.
The Mogo Blog
On June 8th, we’ll be celebrating Italian Day 2014 by hooking up Mogo Prepaid Visa Card holders with a FREE slice of wood fired pizza from the hippest pizza truck around, Community Pizzeria. We wouldn’t dare leave you thirsty, so we’ll also provide Mogo water – gratis, of course! All you have to do is flash your Mogo Card and you’ll be feasting on complementary pizza and H2O, as it should be. If you don’t have a Mogo Card yet, don’t fret. You can sign up on the spot for an invitation – all you need is an email address and an appetite. The Community Pizzeria food truck will be parked in front of our Commercial Drive Mogo location on June 8th from 12-4. See you there! Check out Community Pizzeria’s mouth-watering gallery!
Fun money is the best money. It’s the money that gets you onto the ski hill with friends, up close at your favorite concert or on a beach in the dead of winter. We’ve been sharing ideas about how happiness comes from experiences, not material items, and research shows that the more you focus away from money, the happier you’ll be. If you can avoid the sudden urges to purchase material items, you’ll be able to save your hard earned dough for fun experiences and be happier. [![Mike Tyson didn't really need 3 Royal Bengal Tigers. Now he's happy spending time with his family.](/content/images/2015/04/tumblr_m6kzw5xa3a1r8ppdzo1_400.jpg)](/content/images/2015/04/tumblr_m6kzw5xa3a1r8ppdzo1_400.jpg)Mike Tyson didn’t really need 3 Royal Bengal Tigers. Now he’s happy spending time with his family. But sometimes, there’s no money left after all the bills are paid. Money has this unique ability to vanish – literally. So, it’s important to keep your fun money separated from your bank account. Everyone loves knowing they have a little spending money set aside, which is why many of our cardholders are using their Mogo
We’re big fans of excellent design here at Mogo and have been working closely with a group of talented designers to bring you over 30 Mogo Card designs. In this blog series, we’ll profile some of the designers we’ve been working with, his or her latest project and showcase the limited edition Mogo Card design(s) created exclusively for the Mogo community. The Mogo Card Artist Series This spring, we’re thrilled to release the Mogo Card Artist Series with the first cards by world renowned artist, Mike Joyce. Joyce is best known for his graphic design work in the music and entertainment industry. He’s designed album covers for musicians like Iggy Pop, Katy Perry, Aretha Franklin and more. His latest creation is Swissted – a personal project recently turned into a 200-page book. In *Swissted: Vintage Rock Posters Remixed and Reimagined *(Quirk Books, $28) Joyce redesigns show flyers for legendary punk, new wave and indie rock concerts in international typographic style. Every single one of these shows actually happened and each design is set in lowercase berthold akzidenz-grotesk – not helvetica, as noted on his website. I’m partial to his design for Iggy Pop with the