Chequing interest rate: 1.75% interest rate is available to Wealthsimple Core clients; 2.25% interest rate is available to Wealthsimple Premium clients; and 2.75% interest rate is available to Wealthsimple Generation clients. The annualized rate is calculated daily and paid monthly. Subject to change. For more information, see https://wsim.co/rates.

Funds added to chequing accounts are ultimately held securely in trust in the name of the primary account holder with a single or multiple members of the CDIC. Wealthsimple is not a CDIC member institution. Learn more about CDIC coverage at wsim.co/legal. 

Wealthsimple $100k Cash Giveaway: No purchase required. Contest begins on June 11, 2025 at 12:01am Eastern Time (ET) and ends on July 10, 2025 at 11:59pm ET. Ten (10) prizes available to be won in Canada, each consisting of CAD$10,000. Four methods to enter: during the contest period, entrants can either: (a) open and fund at least CAD$1 into their Wealthsimple chequing account or have a funded chequing account (1 entry), (b) set up or have an existing recurring direct deposit(s) of at least CAD$2,000 every 30-day period to their chequing account (5 entries), or (c) make a bill payment using the chequing account (1 entry.), or (d) enter via the essay method (1 entry per essay, up to 5 entries). Limit of one (1) entry per entry method (a) and (c), and limit five (5) entries per entry method (b) during the Contest Period. Odds of winning depend on the total number of eligible entries received during the Contest Period. Skill-testing question required. Open only to new or existing Wealthsimple chequing clients who are legal residents of Canada and are the age of majority in the province or territory of residence at the time of entry. Full rules, essay method, and entry details available here.

Credit Card 2% cashback: The 2% earn rate applies to net purchases during each statement period, excluding cash-like transactions, refunds, any applicable fees, and adjustments. See Terms and Conditions for full details.

No tap limit: While Wealthsimple does not impose a tap limit on its virtual credit card, limits may be set by the merchant. If your transaction is declined, please insert your physical credit card.

No FX fee: Foreign transaction (FX) fee is a surcharge typically charged on foreign currency transactions. Wealthsimple does not charge FX fees, but transactions are still subject to currency conversion from credit card networks, or fees from merchants or financial institutions involved in the transaction.

The Wealthsimple Visa Infinite Credit Card is issued under license by Wealthsimple Payments Inc.

* Trademark of Visa Int., used under license.