Coming soon: A credit card that goes to work for your business

This credit card is for Canadian business owners with a Wealthsimple Business Chequing account. Approval is based on you — the business owner — not your business. To qualify, you’ll need a personal income of at least $60,000 or annual business revenue of at least $500,000. We’ll share full eligibility details when the card is available to everyone in early 2027.

Seeing if you’re pre-approved won’t affect your credit score. We start with a soft credit check. If you choose to complete your application, we’ll do a hard credit check to finalize your approval — that may affect your credit score. We always ask for your consent before a hard check.

Yes. You’ll be able to add cards for members of your team and manage them all from the Wealthsimple app. You’ll also be able to create virtual cards with their own spending limits and controls, so you can decide how each card is used, and add any card to Apple Wallet or Google Wallet, with no limit on tap payments.

Yes. You earn 1% cash back on every purchase you make with your card, whether it’s software, supplies or travel. There are no categories to track and no rotating offers to keep up with.