See how much of your home value you can unlock: Get a quote today

The first of its kind payment card, with no monthly bill.

Introducing the Bloom Home Equity Prepaid Mastercard®. Supplement your monthly retirement income without dipping into your savings or building up debt on your credit cards.

Close your monthly expense gap

Use the equity from your home to live retirement responsibly without worrying about every penny.

Create a customizable monthly amount, or receive a lump sum to manage:

Day-to-day purchases

Unexpected healthcare costs

Travel and leisure

Monthly bills

Home improvements

No monthly payments

No annual fees

No more financial worries

Life is easier with a Bloom Home Equity Prepaid Mastercard®

Live retirement stress-free and unlock more possibilities to thrive.

Apply today to see if the Bloom Home Equity Prepaid Mastercard® suits you.

See if you qualify

Manage monthly expenses with ease

Cover all your monthly bills on time without worrying about being short.

Adaptable payment plan

Decide if you want to make monthly interest payments or no payments at all—it’s up to you.

Only draw what you need

Release funds from your home equity responsibly on a monthly cadence.

The best alternative to high-interest credit cards

The Bloom Prepaid Mastercard simply taps into your home’s equity at a pace customized to your needs.

Why is this the most responsible home equity access solution?

1

Only draw what you need on a month-to-month basis

2

Interest is only charged on the amounts you spend

3

Maintain 100% ownership of your home, and continue to benefit from all the growth in your home’s value

4

You don’t need to pay anything until you choose to sell your home, or pass away

What if you could use your home’s appreciation as a responsible strategy for retirement income?

We had an excellent experience with Bloom…

If anyone needs financial help, don’t hesitate to contact Bloom - you will be very pleasantly surprised - you will have found a real GEM.

Marianne, Loretto

Best financial institution

I normally don’t write reviews but I am extremely impressed with Bloom and especially Vishal. Vishal is truly a man with honor and integrity. He was honest and helped me through the whole process and also going above and beyond to get me the best financing amount and rates. If you are in the market for these services, I would highly recommend them, no need to look anywhere else.

Our Bloom agent made everything easy for us.

My family and I are grateful to Bloom for the opportunity of a reverse mortgage, received today, which is already making our lives more simple. Our Bloom agent made everything very easy for us, and we appreciate his impeccable care and trustworthiness.

A Company that Cares

I was surprised and pleased at the professionalism of Bloom Home Equity and the ease with which they made my transition into Reverse MortgageI would definitely recommend this company to anyone who is considering a mortgage

Good Experience with Bloom

The experience was quite stress free considering it was a big step for us. Bob was very responsive and helpful. There was a glitch with a government document which we couldn't solve ourselves and Bob took care of for us. With Bob's help and Bloom's system we were able to get it done online and in a timely fashion,

Great process

As a mortgage broker, when a client gives you a bottle of wine to say thanks... You know everyone involved did a great job and the product is the right option for the client.

Thanks to all the folks at Bloom…

Thanks to all the folks at Bloom Reverse Mortgage, you all have made our experience very positive and you have put us at ease through out the process. A special thanks to Kevin Song for going above and beyond to help us with no questions asked.

Best Financial Institution

I normally don't write reviews but i am extremely impressed with Bloom and especially Vishal. Vishal is truly a man with honor and integrity. He was honest and helped me through the whole process and also going above and beyond to get me the best financing amount and rates. If you are in the market for these services, I would highly recommend them, no need to look anywhere else.

Great People, Great Product.

Sarah was absolutely excellent to work with. I am a mortgage agent and this was my first time using Bloom's services for a client. Sarah was warm and personable, and provided first-class service and guidance. She was great at communicating and responding to my many messages and keeping me in the loop every step of the way. Bloom also offered the best available interest rate for this type of mortgage product.
I will definitely be returning to Bloom for my clients' needs in future.
Thanks Sarah!

How does it work?

How is it different from a normal credit card?
Where can I use the Bloom Prepaid Mastercard?
How is it possible that I don’t need to pay a monthly bill?
When is the money due?
How much can I spend each month?
What is the interest rate?
How do I know if I’m eligible?
Do I need good credit to be eligible?
Are the proceeds taxable? Would they affect my CPP or OAS?

Unlock financial peace of mind

Access your home equity in a responsible and secure way to live retirement on your own terms.

Stay in the home you love

Maintain 100% ownership

No monthly payments required