CreditCardGuru
Top pickcash backno feeno fx

Wealthsimple Credit Card review

4.4Rated by the CreditCardGuru Editorial Team

A standout no-fee card: a flat 1% with zero foreign transaction fees is rare, and Wealthsimple clients can push it to 2%. A no-fuss everyday and travel card.

At a glance

Annual fee
No annual fee
Foreign tx fee
None
Network
VISA
Rewards
cash back
Purchase APR
20.99%

Rewards & earn rates

EverythingUp to 2% for Premium & Generation clients1%

Pros & cons

Pros

  • Rare no-fee card with no FX fees
  • Flat 1% on everything, auto-invested
  • Higher rates for Wealthsimple clients

Cons

  • Base 1% trails category cash-back cards
  • Best value needs Wealthsimple assets

Perks & insurance

Key perks

  • No annual fee
  • No foreign transaction fees
  • 1% cash back you can auto-invest
  • Up to 2% back for higher-tier clients

Insurance

  • Purchase security
  • Extended warranty

Rates & fees

Annual fee
None
Purchase interest
20.99%
Cash advance
22.99%
Foreign transactions
No fee

Compare Wealthsimple Credit Card with…

vs Tangerine Money-Back Credit Cardvs Rogers Red World Elite Mastercardvs Scotiabank Gold American Expressvs Scotiabank Passport Visa Infinite
Last updated June 1, 2026Reviewed by CreditCardGuru Editorial Team

Similar cards to consider