Wealthsimple Visa Infinite + Card Introduction

Expiry: Jul 31, 2026

Updated on Jul 3, 2026: If you apply for the Wealthsimple Visa Infinite+ or Wealthsimple Visa Infinite Privilege using a friend's Wealthsimple referral link before July 31, 2026, you will receive 5% boosted cash back on credit card spending for 30 days upon successful approval. So, if you spend $10,000 on the card during the 5% cash back period, it is equivalent to getting $500 cash back. If you need a referral link, please send us an email: canadianrewards@gmail.com, thank you. Once your card is successfully activated, you will get your own referral link to share with your friends.

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.

Wealthsimple Chequing Account Introduction

Updated on Sep 25, 2025: As of October 1, 2025, there will be a few changes on Wealthsimple Chequing Account and Wealthsimple prepaid Mastercard

• Wealthsimple will be retiring the 1% cash back reward of Wealthsimple prepaid Mastercard. You can continue to earn cash back up until October 1, 2025 and a final payout will be made on November 1, 2025. 
• You can now transfer funds in 10+ currencies (including USD, EUR, INR, GBP and even more on the way) right from the app — with low, transparent fees using mid-market exchange rates.
• You now have access to more shipping options of bank drafts and can also send them directly to a specific recipient or third party, rather than just to your home address.
• Eligible clients can send up to $25K per day with Interac e-Transfer®, and you can now manage your sending limits in-app
• Starting October 1, Wealthsimple will reimburse all ATM fees when you use your Wealthsimple prepaid Mastercard, almost anywhere in the world. No more $5 cap, and no limits at all.

Updated on Sep 20, 2025: On September 17, 2025, the Bank of Canada and the Federal Reserve both lowered their benchmark interest rates by 0.25%. Therefore, starting on Monday, September 22, the interest rates across several of Wealthsimple accounts are changing.

Wealthsimple Chequing Account is one of the Wealthsimple products. You can use it to split takeout or rent, send a friend cash for a coffee, or request money instantly. With Wealthsimple Chequing Account there are no monthly account fee and no low balance fees. If you want to sign up and fund a new Wealthsimple Chequing account, please use our referral code: (you can email us for the referral code: canadianrewards@gmail.com), thanks. You will earn $25 bonus from Wealthsimple. And you will have your own referral code after registration.

Wealthsimple Trade Referral Program

Updated on Aug 29, 2025: If you want to open a new Wealthsimple Trade non-registered personal account, please use our referral code:  (you can email us for the referral code: canadianrewards@gmail.com), thanks. You will earn $25 bonus from Wealthsimple. And you will have your own referral code after registration. If you like a TFSA / RRSP account, you can sign up it after you receive the referral bonus. 

Wealthsimple Trade is Canada's first $0 commission stock trading app. Wealthsimple Trade lets you buy and sell thousands of stocks and exchange-traded funds (ETFs) on major Canadian and U.S. exchanges with $0 commissions on any trades. And you can start trading as little as $1. Note: Wealthsimple Trade is NOT Wealthsimple Invest. Wealthsimple Invest is an automated investing service that manages your investments for you using a personalized portfolio of low-fee ETFs. From my point of view, I like Wealthsimple Trade most.