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Earn rewards for improving your credit score with Mogo - Claim this offer

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Earn rewards for improving your credit score with Mogo - Claim this offer

Mogo Overview

Mogo is a financial service app that aims to provide you with all the services you need while also keeping the environment and social impact in mind.

They currently have more than 160 million members and they’re as great an employer as they are a financial service. (You can check out the career section of their website for more information on jobs with Mogo.)

Mogo has physical locations in Vancouver, Surrey, and Winnipeg. Mogo has been nominated for and won loads of awards, such as a mention in Apps We Lover in 2019, the 2016 Fintech Innovation Awards (marketing category), and the Canadian Morgage Award for the best use of mobile technology.

Mogo Features

Some of the products and services Mogo provides credit scores, identity fraud protection, a Mogo prepaid Visa card, personal loans (for Canadians) mortgages, investing, and bitcoin. Many of their rewards come in the form of bitcoin, which is a perk that modern business and technology-savvy investors will appreciate.

Better yet, Mogo’s bitcoin is environmentally friendly because Mogo ensures that it offsets more CO2 than the creation of the bitcoin produces.

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Mogo offer a promotion where customers can earn 20% more than with Mogo’s bitcoin than can be earned with their competitors. Mogo makes it easy to monitor your bitcoin in real-time from their app.

They provide 0.5% in bitcoin if you trade $10,000 in a month, which is a great reason to participate in high-volume trading. They’re also the only company in the world to offer environmentally-friendly, sustainable bitcoin.

All bitcoin traded with Mogo is climate positive and good for the planet. Mogo offsets more CO2 than the emissions created from the mining of that bitcoin. Mogo is the only climate positive way to buy bitcoin in the world. Every bitcoin that is purchased using Mogo’s platform is climate positive—meaning it’s actually good for the planet.

It doesn’t matter if you aren’t well-versed in cryptocurrency, either. Mogo has partnered with FSInsignt to provide its customers with briefings and webinars about cryptocurrency.

They provide two different credit score options: you can check out your monthly Equifax credit score for free, or when you activate a Mogo prepaid card you can access ongoing credit score monitoring.

They also incentivize credit score improvement by rewarding you with bitcoin when your score improves and offering promotions such as $200 for the user with the best credit score.

Mogo Promo Offer: 90-day free trial for identity fraud protection

Mogo offers a 90-day free trial of their identity fraud protection, called MogoProtect, and it’s complimentary when you sign up for their Mogo prepaid card.

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MogoProtect will notify you when Equifax creates what is known as a “hard inquiry” about your credit score. Mogo’s prepaid card allows you to control and monitor your spending while also helping the environment. For every purchase you make with their card, they plant a tree.

Mogo’s prepaid card doesn’t add to your credit card debt. In fact, it doesn’t impact your credit score at all. While this may seem counter-productive to repairing your credit score, the MogoCard allows you to rebuild your credit score without adding to it.

Earn Satoshi Rewards with Mogo

  1. Rockstar credit score – earn 2000 Satoshi rewards (you get free credit score monitoring and ID fraud protection with your MogoCard)
  2. Most improved credit score – the person with the biggest improvement earn 250,000 Satoshi rewards (new person picked monthly)
  3. Invest in bitcoin sustainably – earn 50 Satoshi rewards with every tap of your MogoCard

Service Areas

British Columbia, Canada, Vancouver

Services

  • App

Year in Business

Since 2007

Industry

Finance

Languages

English

FAQ

How does the MogoCard save you money?

Because you have to add money to the card in order to spend money, you can use it to limit your spending. You’r enot as likely to make frivilous purchases when there are extra steps involved. Some Mogo users have reported spending $201 per month less since using the MogoCard.

Is bitcoin illegal in Canada?

No, it’s perfectly legal to purchase bitcoin. It’s just not recognized as legal tender. It’s usually regarded as a commodity, unless it’s used to pay for a product or service.

Do you have to pay taxes on Bitcoin in Canada?

Yes, but only on your earnings. Any earnings made from your bitcoin are considered capital gains or business income. However, not all gains from crypto currency are taxed equally.

Can I transfer bitcoin that I’ve purchased and held from other services to Mogo?

No. This prevents people for using their platform to launder money, and makes it easier to focus on learning to use their bitcoin and their services.

Who plants the trees?

Mogo is partnered with veritree. They built the best tool for monitoring and managing environmentally conscious projects like this. This ensures that they’re not double counting the trees or anything.

Mogo Products

mogo 2.0 logo - Comparewise Partner Brand Logo - Left
Credit Score
Product
$0
Free
Credit score monitoring
Features
mogo 2.0 logo - Comparewise Partner Brand Logo - Left
Protect
Product
$0
Free
Identity fraud protection
Features
mogo 2.0 logo - Comparewise Partner Brand Logo - Left
Card
Product
$0
Free
Plant a tree with every tap
Features
mogo 2.0 logo - Comparewise Partner Brand Logo - Left
Loans
Product
$0
Free
Test drive your loan
Features
mogo 2.0 logo - Comparewise Partner Brand Logo - Left
Mortgage
Product
$0
Free
Earn bitcoin rewards
Features
mogo 2.0 logo - Comparewise Partner Brand Logo - Left
Wealth
Product
$0
Free
Invest with moka
Features
mogo 2.0 logo - Comparewise Partner Brand Logo - Left
Bitcoin
Product
$0
Free
Monitor your assets
Features

Mogo Offices

Phone
-
Email
support@mogo.com
Hours
Mon - Sat 9:00 - 5:30 PST
Website
Address
Vancouver, BC, CA
Social
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Reviews

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December 27, 2021

I discovered Mogo a couple of months ago. I have been involved in bitcoin for a long time and as a crypto consultant always looking out for new platforms that will help beginners enter the space without a huge learning curve. I know Canadian financial regulators are pro bitcoin and have been improving regulations for companies getting into the industry.

December 27, 2021

After getting into cryptocurrency trading, blockchains, NFTs etc. my friend told me about the Mogo prepaid Visa card. Never done a prepaid card before but I’ve really been enjoying it! As a user, you offset one pound of carbon in the environment with each dollar spent and get 2% bitcoin cash back on every purchase which has a lot more value for me than collecting points. Their free fraud protection service is a nice touch as well! I like getting the updates on bitcoin too. Funding the card is very easy, e-transfers go through quickly. Apple Pay compatible as well.

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Mogo Details
  • mobile phone icon
    -
  • clock icon
    Mon - Sat 9:00 - 5:30 PST
  • pinpoint icon
    Vancouver, BC, CA
  • clip icon
    https://mogo.ca
  • mail icon
    support@mogo.com
Mogo Social Media
Mogo Reviews
4.0 average based on 2 reviews
Characteristics
  • Quality
  • Сonfidence
Experience
  • Knowledge
  • Counsulting

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