Scotiabank® Passport® Visa® Infinite Business Card vs Wealthsimple® Credit Card
The short answer: for most people the Scotiabank Passport Visa Infinite Business Card is the better overall card — we rate it 4.6/5 and it shines if you want maximizing rewards on all purchases. Choose the Wealthsimple Credit Card instead if your priority is no-fee, no-fx everyday cash back — especially for wealthsimple clients.
Advertiser disclosure: we may be compensated for links on this page. Our ratings stay independent. Learn more.
| Our rating | 4.6 | 4.4 |
|---|---|---|
| Annual fee | $199/yr | No annual fee |
| Welcome bonus | ~$1,300 | None |
| Foreign transaction fee | None | None |
| Rewards type | points | cash back |
| Top earn rates |
|
|
| Purchase interest | 20.99% | 20.99% |
| Income required | $60,000 personal | None stated |
| Best for | Maximizing rewards on all purchases | No-fee, no-FX everyday cash back — especially for Wealthsimple clients |
| Apply now | Apply now |
Scotiabank® Passport® Visa® Infinite Business Card
Our winnerThe Scotiabank Passport Visa Infinite Business Card earns up to 1.5x on all purchases and carries a $199 annual fee (first year free). We estimate around $1300 in first-year value. Figures are illustrative — verify current terms with Scotiabank.
Wealthsimple® Credit Card
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.
Frequently asked questions
Is the Scotiabank Passport Visa Infinite Business Card or the Wealthsimple Credit Card better?
For most Canadians, the Scotiabank Passport Visa Infinite Business Card is the better overall pick (we rate it 4.6/5 vs 4.4/5). It's especially strong if you want maximizing rewards on all purchases. The Wealthsimple Credit Card can still win if you specifically want no-fee, no-fx everyday cash back — especially for wealthsimple clients.
Which card has the lower annual fee?
The Wealthsimple Credit Card has the lower annual fee (no annual fee vs a $199 annual fee).
Do either of these cards charge foreign transaction fees?
Scotiabank Passport Visa Infinite Business Card: no foreign transaction fee. Wealthsimple Credit Card: no foreign transaction fee.