Is the Wealthsimple Cash card free?

Yes, the card is completely free. To get a card, you’ll have to make a free account on the Wealthsimple Cash app and then you can register for the card, which has no annual or monthly fees. Although the card and account are free, keep in mind that you may be charged by a third party for foreign transactions or ATM cash withdrawals.

Does Wealthsimple offer a credit card?

Although there is no Wealthsimple credit card, the prepaid Mastercard functions similarly to a debit card and lets you make transactions directly from your Wealthsimple Cash account. This card won’t affect your credit score and you are only able to spend the money that you have in your account.

Is the Wealthsimple Cash card a Visa or Mastercard?

The Wealthsimple card was initially associated with Visa but is now partnered with Mastercard. You can use your card at any location that accepts Mastercard.

Julia Stratton

Julia Stratton is a freelance writer who specializes in personal finance and sponsored content. Her work has been featured in The National Post, RATESDOTCA, and The Queen’s Journal. She holds a Bachelor of Science from Queen’s University and worked at The Queen’s Journal as a writer and editor for two years. Julia is now set to start the Master of Journalism program at Carleton University in September 2023.