Data in the chart was last updated on 9 juin 2025. The chart compares some of the benefits and features available with the Wealthsimple Visa Infinite Privilege* credit card and the Visa Infinite +* credit card. Wealthsimple Credit Cards are issued under license by Wealthsimple Payments Inc. * Trademark of Visa Int., used under license.

Cash Back. The 2 % earn rate applies to net purchases during each statement period, excluding cash-like transactions, refunds, any applicable fees and adjustments. See Terms and Conditions for full details.

The 2 % cash back reward can be redeemed into active TFSA, RRSP, FHSA, non-registered, corporate, Crypto and chequing accounts with Wealthsimple. Joint accounts, RESPs, LIRAs, RIFs, Registered Save, group/employer and private investment accounts are not eligible for redemption. Subject to change. See Terms and Conditions for full details.

FX Fees. Foreign transaction (FX) fee is a surcharge typically charged on foreign currency transactions. Wealthsimple does not charge FX fees, but transactions are still subject to currency conversion from credit card networks, or fees from merchants or financial institutions involved in the transaction.

Waived Annual Fee. Clients with at least $100,000 in individual net deposits or assets under management, including joint accounts, automatically qualify for the Annual Fee (charged monthly, except in QC) to be waived. Clients who do not meet this threshold may qualify for the waived fee by completing an eligible direct deposit of at least $4,000 per month into their personal chequing account within a 30 day period. Direct deposits into business chequing accounts are not eligible. Only direct deposits classified by Payments Canada as pre-authorized transactions with transaction codes ranging from 200 to 207, 230, 300, 310, 311, 315, 318, 330, and 600 would be considered eligible. See Terms and Conditions for details.

Pre-Approval. While Wealthsimple may perform a preliminary review of a client’s credit history to determine if they may be pre-approved for a credit card upgrade, this does not constitute a guarantee of upgrade or approval and is not a binding commitment to lend. Final approval is subject to further review of the client’s financial status, credit file information, verification of identity, and any changes that may have occurred since the date of Wealthsimple’s preliminary assessment.

Card Material. Premium and Generation clients automatically qualify for our metal card. Core clients can qualify for a metal card by bringing $100,000+ to Wealthsimple and becoming a Premium or Generation client.

Virtual Card Tap Limit. While Wealthsimple does not impose a tap limit on its virtual credit card, limits may be set by the merchant. If your transaction is declined, please insert your physical credit card.

Insurance Coverage. Some insurance benefits are not available to residents of Quebec. To learn more about insurance benefits, see here.

Earned Interest on Cash Back. Wealthsimple chequing account rates start at 1,25 %, which is the interest rate is available to Wealthsimple Core clients; the 1,75 % interest rate is available to Wealthsimple Premium clients; and the 2,25 % interest rate is available to Wealthsimple Generation clients. Annualized rate, calculated daily, paid monthly. Subject to change. For more information see wsim.co/rates.

Wealthsimple offers the only Visa Infinite Privilege cash back card in Canada: Data collected as of 9 juin 2025. As compared to all Visa Infinite Privilege cash back credit cards from Canadian financial institutions as listed under Schedule I under the Bank Act.

Our chequing product is offered by Wealthsimple Investments Inc. (“WSII”), a member of the Canadian Investment Regulatory Organization, and Wealthsimple Payments Inc., a Financial Transactions and Reports Analysis Centre of Canada registered money services business. The funds added to chequing account(s) (the "Funds") are ultimately held securely in trust in the name of the primary account holder with a single or multiple members of the Canada Deposit Insurance Corporation ("CDIC"). CDIC protects eligible deposits held at CDIC member institutions in case of a member institution’s failure. Wealthsimple Payments Inc. and WSII are not CDIC member institutions. Under the trust framework, CDIC insures eligible cash balances up to $100,000 per beneficiary, per member institution, provided certain disclosure rules are met. Coverage is free and automatic. Learn more about how CDIC protection works. Funds must be spread across at least dix CDIC member institutions in order for up to 1 M$ in deposits to benefit from applicable CDIC coverage. The advertised interest rate for the chequing account is derived from interest earned by Wealthsimple on the funds. The Funds are settled with any CDIC member(s) one business day following the date that Funds are reflected in the account.