Wealthsimple Credit Card
Wealthsimple · VISA
The Wealthsimple Credit Card is a credit card from Wealthsimple on the VISA network. It has an annual fee of C$240. It earns 2% on everything else.
Key facts
- Annual fee
- C$240
- Purchase APR
- 20.99%
- Foreign transaction fee
- None
- Network
- VISA
Reward rates by category
| Category | Rate | Detail |
|---|---|---|
| Everything else | 2% | 2% cash back on net purchases for qualifying transactions, excluding cash-like transactions, refunds and fees |
Benefits and perks
- Get 2% cash back on every purchase: Whether you’re buying food, gas, or a special treat for yourself, you’ll earn 2% cash back. No questions asked, no complex math.
- Unlock first-class card perks: You could qualify for Canada’s only Visa Infinite Privilege cash back card with top-tier travel perks — like access to 1,200+ airport lounges, car rental insurance, increased travel protection, and more.
- Meet the best (and only) Visa Infinite Privilege cash back card in Canada: You can apply for the card if you're a Canadian resident, are the age of majority in the province or territory you're a resident of, and have an active Wealthsimple chequing account. If you qualify, we’ll match you to either a Visa Infinite + card or a Visa Infinite Privilege card based on a number of factors.
- Cash back: 2% on everything
- FX fees: 0%, you could save up to $177 per year
- Card material: Metal, using roughly 65% recycled and sustainable materials
- Virtual card tap limit: No limit
- Earned interest on your cash back: Up to 2.25%
- we’ll match you to either a Visa Infinite + card or a Visa Infinite Privilege card based on a number of factors.
Rates and fees
Annual membership fee: C$240. Purchase APR: 20.99%, based on creditworthiness and the Prime Rate. Cash advance APR: 22.99%. Foreign transaction fee: 0.
Rates and fees as published by the issuer and recorded on 10 Sept 2026. See the issuer's terms for current rates. View the issuer's terms
Questions about the Wealthsimple Credit Card
What is the annual fee on the Wealthsimple Credit Card?
The Wealthsimple Credit Card has an annual fee of C$240.
What rewards does the Wealthsimple Credit Card earn?
The Wealthsimple Credit Card earns 2% on everything else.
Is the Wealthsimple Credit Card worth it?
The Wealthsimple Credit Card is worth it when the rewards you would earn on your own spending exceed its annual fee. Upload a statement to Woodo and the calculation runs against your real categories rather than an assumed budget.
Community
Approval and real earn reports from cardholders are coming to this page soon.
Not sure this is the right card for you?
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