The Wealthsimple Visa Infinite card is only available to a limited and random group of customers as part of the beta launch. It is currently unavailable in Quebec.
Exciting news! Wealthsimple will be launching its first true credit card: the Wealthsimple Visa Infinite card. Let’s take a look at what’s been announced so far about this new product.
The future Wealthsimple Visa Infinite card will offer a number of attractive benefits for travel and day-to-day spending. Here are just a few of the features unveiled:
The card will also be no-fee for Wealthsimple customers who use their checking account for direct deposits, such as payroll, and who deposit at least $2,000 monthly.
Cash back will be deposited into your Wealthsimple Cash account every month. You need to open one if you are not already a customer.
This is also the case for making payments to this credit card: you have to pay off your balance from your Wealthsimple Cash account. You cannot pay from another bank at this time.
For the time being, the card is only available to a restricted group of customers for the beta phase. The customers concerned have received an invitation by e-mail.
The income eligibility criteria are as follows:
Wealthsimple is one of the best online investment platforms in Canada. The company offers a wide variety of investments such as registered accounts, non-registered accounts, cryptocurrency, self-directed investments, a current account and more.
Read our Review on Wealthsimple and their complete product list in this article:
The Wealthsimple Visa Infinite credit card is shaping up to be a very promising option for cash back enthusiasts and travellers alike. With benefits such as no foreign currency conversion fees, 2% cash back on almost all purchases and a range of insurances, it’s a product worth keeping an eye on.
Still in its beta phase, this card is not yet available to the public. Stay tuned!
Savings are here: