Wealthsimple Visa Infinite+* credit card
Earn 2% cash back on all your spending, no categories, no cap. Plus, a waived annual fee for qualified clients.
Fees and interest rate
Like everything else, we try to keep fees and interest simple. Qualifying is simple too: 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. You’ll also need to have a personal income of at least $80,000 or household income of at least $150,000.
$0 annual fee
If you've got $100,000+ in individual assets with us, or you switch a qualifying paycheque to us, we'll waive the annual fee. Otherwise, its $20 a month (charged annually in QC).
0% FX rate
Unlike other cards, you’ll never pay foreign exchange fees.
20.99% / 22.99%
Annual purchase interest rate / Cash advance interest rate.
Card benefits and features
2% cash back on everything
No matter how much you spend, or where, you’ll earn cash back on your purchases.
Earn interest up to 2.25%
Deposit your cash back into your Wealthsimple Chequing account and earn interest on those savings. Win win.
No virtual tap limit
Don’t worry about maxing out your taps in a day — you can tap as much as you want, for as much as you want, with your virtual card.
Additional protection
Purchase protection, phone insurance, extended warranty, travel insurance, and fraud protection are all available.
Travel and lifestyle benefits
24/7 concierge, Visa Infinite+ Luxury Hotel Collection, Visa Infinite+ Dining Series, and Wine Country Program.
Compare Wealthsimple credit cards
Two cards, one simple reward: unlimited 2% cash back with no foreign transaction fees. The Visa Infinite+ is built for everyday spending. The Visa Infinite Privilege adds travel perks. Both are $0 with a waived annual fee.
Visa Infinite+ | Visa Infinite Privilege | |
|---|---|---|
| Cash back | Unlimited 2% on everything | Unlimited 2% on everything |
| Foreign transaction fees | 0% | 0% |
| Annual fee | $240 annually ($20/mo) | $240 annually ($20/mo) |
| Fee waived when | You’re a Premium or Generation client, or have $4,000+ per month in direct deposits | You’re a Premium or Generation client, or have $4,000+ per month in direct deposits |
| Cash back redemption | To a Wealthsimple chequing account (earn up to 2.25% interest) | To a Wealthsimple chequing account (earn up to 2.25% interest) |
| Airport lounge access | N/A | 1,200+ lounges worldwide |
| Airport perks | N/A | Priority security, parking, and exclusive offers at select airports |
| Travel medical insurance | Up to $1,000,000 | Up to $2,000,000 |
| Trip cancellation & interruption insurance | Up to $3,000 per trip | Up to $5,000 per trip |
| Delayed & lost baggage insurance | $1,000 per trip | $1,250 per trip |
| Rental car collision / loss damage | N/A | Up to 31 days coverage with a maximum of $65,000 MSRP |
| Purchase protection | Up to $1,000 per occurrence | Up to $1,000 per occurrence |
| Card material | Metal or plastic | Metal or plastic |
| Best for | Everyday spenders who want simple 2% back | Frequent travellers who want lounge access and premium coverage |
FAQs
Does the Wealthsimple Visa Infinite+ have an annual fee?
Does the Wealthsimple Visa Infinite+ have an annual fee?
Yes, the Wealthsimple Visa Infinite+ has a $240 annual fee, billed as $20 per month (billed annually in QC). The fee is waived automatically for Premium and Generation clients, and for Core clients who direct-deposit at least $4,000/month into a Wealthsimple Chequing account. Learn more about how to waive fees.
How much cash back does the Wealthsimple Visa Infinite+ earn?
How much cash back does the Wealthsimple Visa Infinite+ earn?
You earn unlimited 2% cash back on every purchase — no categories to track, no caps, and no rotating bonuses. The same 2% applies to everyday spending, travel, and purchases in any currency.
Does the Wealthsimple credit card charge foreign transaction fees?
Does the Wealthsimple credit card charge foreign transaction fees?
No. The Wealthsimple Visa Infinite+ charges 0% foreign transaction fees on purchases in any currency, so there's no 2.5% surcharge most Canadian cards add abroad. Combined with 2% cash back, you earn on international spending instead of paying extra.
What travel and purchase insurance is included?
What travel and purchase insurance is included?
The card includes travel and purchase protections such as trip cancellation, trip interruption, travel medical, and purchase protection. Learn more about what’s included.
Is the Wealthsimple Visa Infinite+ worth it?
Is the Wealthsimple Visa Infinite+ worth it?
We think so, especially if you can get the annual fee waived. At $0 net fee, you get unlimited 2% cash back, no FX fees, and travel insurance — a combination few no-fee Canadian cards match. If you pay the full $240, it's worth it for spenders who travel or spend abroad.
How do I get the Wealthsimple Visa Infinite+ card?
How do I get the Wealthsimple Visa Infinite+ card?
You apply through the Wealthsimple app. You'll need an eligible Wealthsimple account and a minimum personal income of $80,000 or household income of $150,000, as well as being a Canadian resident.
What's the difference between the Wealthsimple Visa Infinite+ and Visa Infinite Privilege?
What's the difference between the Wealthsimple Visa Infinite+ and Visa Infinite Privilege?
Wealthsimple offers two Visa cash-back cards tied to client status. All earn 2%, but higher tiers get added benefits like lounge access and higher insurance limits.
Does the Wealthsimple Visa Infinite+ include airport lounge access?
Does the Wealthsimple Visa Infinite+ include airport lounge access?
Your Wealthsimple Visa Infinite+ card has lots of perks, but this isn’t one of them. If you qualify for our Visa Infinite Privilege card, you’ll unlock access to 1,200+ airport lounges.
Is this a good credit card if I don't want to track spending categories?
Is this a good credit card if I don't want to track spending categories?
Yes. The Visa Infinite+ pays a flat 2% cash back on everything, so there are no bonus categories to activate or track. It suits people who want one simple rate across groceries, restaurants, bills, and travel rather than juggling category cards.
Is the Wealthsimple Visa Infinite+ a metal card?
Is the Wealthsimple Visa Infinite+ a metal card?
Yes. Clients with over $100,000 in assets at Wealthsimple can get a metal card.