Wealthsimple Card

Wealthsimple CardAvailable

by Wealthsimple
Virtual•Physical•Non-exchange

Wealthsimple Card is a CAD prepaid card with physical and virtual versions, Apple Pay, 1% cashback, and KYC required.

Pros

  • +Almost no card usage fees
  • +Excellent customer service score
  • +Apple Pay enabled
  • +1% cashback with a high monthly cap

Cons

  • -Crypto-to-CAD conversion cost is high around 3%
  • -Canada-only
  • -Requires preloading
7.1/10
Overall
Strong
★★★☆☆
7.1/10
Community Score
Based on 1 sources
Required
KYC Level
ID Verification
🌐
Canada
Availability
✓ Available to Canadian residents

Card Overview

Standard

0 CAD/month
1% Cashback
~3% crypto-to-CAD conversion cost
0% fX Fee
1,000 CAD/day ATM limit
Extras
✓Canada-based account

KYC Requirements

Level: ID Verification
✓Email VerificationRequired
✓Phone VerificationRequired
✓Identity DocumentRequired
×Proof of AddressNot required
✓Selfie VerificationRequired

Features

Apple PayPhysicalVirtual CardPrepaid CardCAD AccountCashback

Payment Methods

✓Apple PaySupported
×Google PayNot supported

Networks

Custodial

Supported Cryptocurrencies

Bitcoin (BTC)BTC
Ethereum (ETH)ETH
Solana (SOL)SOL
USD Coin (USDC)USDC
Stellar (XLM)XLM
Litecoin (LTC)LTC
Bitcoin Cash (BCH)BCH
Cardano (ADA)ADA