Issuer hub · Updated Oct 4, 2026
Every Wealthsimple credit card we track, ranked by Standard Score: cash-back Visas whose $240 fee is waived for qualifying Wealthsimple clients.
| # | Card | Standard Score | Annual fee | First-year net value | Currency | Current offer |
|---|---|---|---|---|---|---|
| 1 | Wealthsimple Visa Infinite+ Card Wealthsimple | 6.8/10 | $240 | ≈ $660 | Cash back | See offer |
| 2 | Wealthsimple Visa Infinite Privilege Card Wealthsimple | 6.7/10 | $240 | ≈ $660 | Cash back | See offer |
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
One of the only cards in Canada pairing a flat 2% cash-back rate with 0% FX fees. Whether it clears its own fee comes down to hitting the Premium asset threshold or the direct-deposit waiver; otherwise a no-fee alternative gets similar math for free.
$240 annual fee · First-year net value ≈ $660 · Cash back
An unusual premium card: it pays a flat 2% instead of transferable points, while still bundling real lounge access and strong insurance. The catch is qualifying: this carries one of the steepest income/asset eligibility bars of any card in this database.
$240 annual fee · First-year net value ≈ $660 · Cash back
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Every Wealthsimple card here is scored on the same Standard Score as the rest of the site: see how it’s built, or browse the full card database.
Wealthsimple has one credit card application and two Visa cards. You apply once. If you qualify, Wealthsimple matches you to either the Wealthsimple Visa Infinite+ Card or the Wealthsimple Visa Infinite Privilege Card. Both earn 2% cash back on every purchase and charge no foreign transaction fee, though Visa's currency conversion rate still applies. You can redeem your cash back at any time to almost any Wealthsimple account.
| Wealthsimple Visa Infinite+ Card | Wealthsimple Visa Infinite Privilege Card | |
|---|---|---|
| Cash back | 2% on everything | 2% on everything |
| Annual fee | $240 ($20 a month) | $240 ($20 a month) |
| Foreign transaction fee | 0% | 0% |
| Income requirement | $80,000 personal or $150,000 household | $150,000 personal or $200,000 household |
| Airport lounges | No | Yes |
| Insurance | Emergency travel medical (up to $1,000,000), Trip cancellation/interruption, Baggage delay, Purchase protection, Extended warranty | Emergency travel medical (up to $2,000,000), Trip cancellation/interruption, Baggage delay, Rental car collision/loss damage (up to $65,000 MSRP), Purchase protection, Extended warranty |
Wealthsimple waives the monthly fee if you hold $100,000 or more in individual assets with Wealthsimple, or if you set up a direct deposit of $4,000 or more a month into your Wealthsimple chequing account. Quebec cardholders are billed annually. For the tier-by-tier detail, see the Visa Infinite+ vs Visa Infinite Privilege comparison.
If your fee is waived, a flat 2% with no foreign transaction fee is one of the best free deals in Canadian cards. If it isn't, run the numbers first:
For the full case, including who actually gets the fee waived, read our Wealthsimple credit card review.
Yes, two. The Wealthsimple Visa Infinite+ Card and the Wealthsimple Visa Infinite Privilege Card are both Visa cards, issued under licence by Wealthsimple Payments Inc., and both pay 2% cash back on every purchase.
You need to be a Canadian resident, the age of majority in your province or territory, and hold an active Wealthsimple chequing account. The Wealthsimple Visa Infinite+ Card also requires $80,000 personal or $150,000 household income. The Wealthsimple Visa Infinite Privilege Card requires $150,000 personal or $200,000 household income, or $400,000+ in Wealthsimple assets, or $50,000+ annual card spend.
It can be. Wealthsimple runs a full credit check on every application and says the card is available in limited quantities, so meeting the requirements doesn't guarantee you'll get one. It doesn't publish a minimum credit score.
Hold $100,000 or more in individual assets with Wealthsimple, or set up a direct deposit of $4,000 or more a month into your Wealthsimple chequing account. Otherwise the fee is $20 a month ($240 a year), billed annually in Quebec.
No. Neither Wealthsimple card charges a foreign transaction fee, though Visa's currency conversion rate still applies to foreign purchases.
Only the Wealthsimple Visa Infinite Privilege Card. Wealthsimple lists access to more than 1,200 airport lounges for that card. The Wealthsimple Visa Infinite+ Card has no lounge benefit.
Eligibility, fee waivers, foreign transaction fees and cash-back redemption checked September 27, 2026 against Wealthsimple's credit card page. Card rates and fees are from our reviews.