The Best Wealthsimple Credit Cards – July 2026

The Best Wealthsimple Credit Cards - July 2026

Below, you will find the best Wealthsimple credit card offers.

Here is a summary table of the different offers. For more details, continue reading or click on a card name.

Wealthsimple Prepaid Mastercard

With the Wealthsimple Prepaid Mastercard, you can access your available funds in your Wealthsimple Cash account.

With this welcome offer, you can get $25 cash back as a new Wealthsimple client. To do this, you simply need to open an account and then deposit at least $1 within 30 days.

You can invest your money in an investment account or a cryptocurrency of your choice. Also, you earn interest on your Wealthsimple Cash account balance! Wealthsimple Generation clients can earn an interest rate of up to 2.25%.

In addition, there are no foreign transaction fees for any purchase made in a currency other than the Canadian dollar and no annual fees.

Wealthsimple Visa Infinite + Card

With the Wealthsimple Visa Infinite + Card, earn 2% cash back on all your purchases, with no categories to track and no cap.

In addition, there are no foreign exchange fees on any purchase made in a currency other than the Canadian dollar, and no annual fee if you hold more than $100,000 in assets with Wealthsimple, or if you transfer the direct deposit of an eligible payroll to Wealthsimple.

To be eligible for this card, you must meet one of the following: a personal income of at least $80,000, a household income of at least $150,000, a minimum annual spend of $25,000, or at least $300,000 in assets with Wealthsimple.

Some travel insurance is not currently offered to Quebec residents.

Not sure if Wealthsimple is right for you? Read our full breakdown of its security, fees, and reliability: Is Wealthsimple Safe?

Wealthsimple Credit Cards – Frequently Asked Questions

Which cards does Wealthsimple offer?

Wealthsimple offers three cards in Canada: the Wealthsimple Prepaid Mastercard, the Wealthsimple Visa Infinite + Card, and the Wealthsimple Visa Infinite Privilege Card. This allows you to choose between a prepaid card linked to your chequing account and two credit cards that earn cash back.

What cash back does the Wealthsimple Visa Infinite + Card offer?

You earn 2% cash back on all your purchases, with no annual limit. Furthermore, the same 2% cash back applies to the Wealthsimple Visa Infinite Privilege Card, regardless of the spending category.

Is Wealthsimple cash back capped?

No. The 2% cash back applies without an annual limit on the Wealthsimple Visa Infinite + Card and the Wealthsimple Visa Infinite Privilege Card. Thus, the more you spend, the more you accumulate, with no cap.

Do Wealthsimple cards charge foreign transaction fees?

No. The three Wealthsimple cards do not apply any conversion fees on purchases made in a currency other than the Canadian dollar. Additionally, the Prepaid Mastercard allows for free withdrawals in over 100 countries.

How does the Wealthsimple Prepaid Mastercard work?

This prepaid card draws directly from the available balance of your Wealthsimple chequing account. Consequently, you spend your own money, without credit, and you earn interest on the balance remaining in your account.

Do you earn interest on the Wealthsimple account balance?

Yes. The balance in your Wealthsimple chequing account earns interest. Moreover, Wealthsimple Generation clients can reach an interest rate of up to 2.25%.

Can you invest directly from your Wealthsimple account?

Yes. You can transfer your money to an investment or cryptocurrency account according to your strategy. Additionally, the platform consolidates your chequing, investment, and cryptocurrency accounts in one place.

What is the difference between the Wealthsimple Visa Infinite + and the Visa Infinite Privilege?

Both cards offer 2% cash back with no foreign transaction fees. However, the Visa Infinite Privilege provides access to the premium benefits of the Visa Infinite Privilege range, reserved for holders of this card category.

Is the travel insurance for Wealthsimple Visa Infinite cards available in Quebec?

Certain travel protections do not apply to residents of Quebec at this time. Therefore, before applying, carefully read the insurance certificate provided by Wealthsimple to verify the coverage available in your province.

How do I open a Wealthsimple account?

Registration is done online via the Wealthsimple website or app. Then, simply deposit at least $1 within 30 days of opening the account to activate the services associated with the Wealthsimple Prepaid Mastercard.