The Wealthsimple credit card
Get up to $100 cash back when you sign up for the Wealthsimple credit card, and use it to pay for your ride.
No annual fee
We’ll waive your fees (charged monthly) if you’ve got $100,000+ in individual assets with us, or when you switch a qualifying paycheque deposit to Wealthsimple.
No FX fees
Most other credit cards charge up to 2.5%. With us, it’s always zero. Even on late-night room service.
Card benefits that beat the bank
We’ve compared the big bank’s credit cards with the free benefits you get when you have $100,000+ in individual assets with us.
Feature | Wealthsimple credit card | Big bank credit cards |
|---|---|---|
| Cash back | 2% on everything | Categories, caps, limits …it’s complicated |
| FX fees | 0% — you could save up to $177 per year | Up to 2.5% — that could be spent on tacos in Mexico instead |
| Annual fee | Waived | Up to $599/year — enough said |
| Card material | Metal | Usually just plastic, unless you like paying lots of fees |
| Virtual card tap limit | No limit | $250 (if you’re lucky) |
| Earned interest on your cash back | Up to 2.25% | Non-existent |
Get 2% cash back on
morning lattes
morning lattes
hot yoga classes
a dozen oysters
your phone bill
sharing plates
an HVAC system
orange wine
an oil change
long-haul flights
a round of golf
sourdough bread
a five-star hotel
designer shoes
toilet paper
gas
a mani-pedi
pet kibble
a bike tune-up
a travel pillow
morning lattes
hot yoga classes
a dozen oysters