The contactless Visa card, shaped like a Coca-Cola contour bottle, uses Visa payWave technology and is not linked to a credit card account.
RBC Royal Bank claimed that the preloaded cards will provide athletes with access to Coca-Cola brand beverages at vending machines in official venues for the Vancouver 2010 Olympic and Paralympic Winter Games, including the Olympic and Paralympic villages in Whistler and Vancouver.
Anne Koski, head of card payment innovation at RBC, said: "We know that athletes have enough on their minds during the games. With the Visa Prepaid Card from RBC, they will have easy and convenient access to beverages whenever they need a drink.
"We're excited to be able to offer consumers new payment options, and to provide our athletes with these one-of-a-kind preloaded card fobs that are waved instead of swiped."
Mike Bradley, head of products at Visa Canada, said: "We are delighted to work with RBC and Coca-Cola to provide Olympic and Paralympic athletes with the speed and convenience of Visa payWave technology at the Games."