Scotiabank Passport Visa Infinite vs Wealthsimple Credit Card
The short answer: for most people the Scotiabank Passport Visa Infinite is the better overall card — we rate it 4.6/5 and it shines if you want travellers who want lounge access and zero fx fees. Choose the Wealthsimple Credit Card instead if your priority is no-fee, no-fx everyday cash back — especially for wealthsimple clients.
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| Our rating | 4.6 | 4.4 |
|---|---|---|
| Annual fee | $150/yr | No annual fee |
| Welcome bonus | ~$500 | 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 | Travellers who want lounge access and zero FX fees | No-fee, no-FX everyday cash back — especially for Wealthsimple clients |
| Apply now | Apply now |
Scotiabank Passport Visa Infinite
Our winnerA traveller's workhorse: no foreign transaction fees, six free lounge passes, and solid everyday earning. The lounge passes alone can justify the fee for frequent flyers.
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 or the Wealthsimple Credit Card better?
For most Canadians, the Scotiabank Passport Visa Infinite is the better overall pick (we rate it 4.6/5 vs 4.4/5). It's especially strong if you want travellers who want lounge access and zero fx fees. 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 $150 annual fee).
Do either of these cards charge foreign transaction fees?
Scotiabank Passport Visa Infinite: no foreign transaction fee. Wealthsimple Credit Card: no foreign transaction fee.