Monday, June 8, 2026

Wealthsimple Visa Credit Card Review

 

Wealthsimple just launched a new Visa credit card (currently in beta testing) — no annual fee. The card comes in different colors, and you can choose your favorite design. It offers 1% cash back on all purchases, with no mobile tap limit. Cardholders can pick any 3 benefits from the following 8 options:

This is a really flexible approach — pick 3 out of 8, kind of like the Tangier Money-Back card vibe (I assume you can adjust your selected benefits under certain conditions). My suggestion is to check what insurance and perks your other credit cards already provide, then strategically choose the ones that fill the gaps with this card.

My take: If you're not already a Wealthsimple Premium or Generation user, this card is worth considering. Among all no-annual-fee credit cards, it's pretty solid and has a unique twist.