CryptoCardsPerks
Ready Card
7.1/10
Ranked #26 of 76
Overview
The Wealthsimple Card is a fiat-only crypto card aimed primarily at users in Canada. It runs on the Mastercard network, so it's accepted anywhere Mastercard is, and supports Apple Pay and Google Pay for tap-to-spend. In our ranking it currently sits at #26 of 76 cards, with an overall score of 7.1 out of 10.
★ Wealthsimple Card referral code
WEALTH3664
New users who sign up with this code typically get a welcome reward credited after your first top-up. Rewards vary by region and are set by Wealthsimple Card.
Rating breakdown
How the Wealthsimple Card scores across the categories we weigh into its overall 7.1/10.
Fees & value6.9
Rewards7.3
Ease of use7.3
Security & custody7.1
Availability6.5
Cashback & rewards
Spending on the Wealthsimple Card earns cashback, starting around 3% on the base tier. Higher rates are typically unlocked by staking the provider's token or moving up to a paid plan, and base-tier rewards are usually capped monthly. Here's how the tiers generally compare:
| Tier | Requirement | Cashback | Monthly cap |
|---|---|---|---|
| Starter | No stake required | 3% | ~30 / month |
| Plus | Token stake or paid plan | 5% | ~100 / month |
| Premium | Higher stake / top tier | 8% | Higher or uncapped |
Cashback is usually paid in the provider's token or in stablecoin. Exact rates, caps and the assets you can earn vary by region — confirm current numbers on the official site.
Fees & limits
A snapshot of the typical fee structure. Always verify the live figures before applying, as providers adjust these often.
| Fee | Typical amount |
|---|---|
| Monthly fee | $1.99 |
| Card issuance | Free |
| Card spend (USD)Fee on purchases made in US dollars | 0% |
| FX fee (non-USD transactions)Charged when you spend in a currency other than USD | 0% |
| ATM withdrawals | 2% after free limit |
How to get the Wealthsimple Card
- Download the Wealthsimple Card app or open the provider's website.
- Create an account and complete KYC with a photo ID and selfie.
- Enter referral code WEALTH3664 during sign-up to claim any welcome perk.
- Top up your account with crypto or fiat, then order your physical card or start using the virtual card.
- Add the card to Apple Pay or Google Pay to tap and spend.
Pros & cons
Pros
- Earns up to 3% cashback on eligible spending
- Physical card available for in-store and ATM use
- Works with Apple Pay and Google Pay
Cons
- Crypto is converted by a third party, not held on-card
- Requires full KYC (government ID + selfie)
- Availability limited mainly to Canada
Who it's for
Wealthsimple Card suits people based in Canada who want a straightforward way to spend crypto without managing wallets directly. Be ready to complete standard identity verification during signup.
Frequently asked questions
Does the Wealthsimple Card offer cashback?
Yes. The Wealthsimple Card pays cashback starting around 3% on the base tier, with higher rates available on upgraded or staked tiers. Base rewards are usually capped monthly.
Is the Wealthsimple Card available in my country?
The Wealthsimple Card is primarily available in Canada. Check the provider's site for the current list of supported countries.
Does the Wealthsimple Card require KYC?
Yes. The Wealthsimple Card requires standard KYC — typically a government ID and a selfie — during sign-up.
Is the Wealthsimple Card custodial or non-custodial?
The Wealthsimple Card is fiat-only: a third-party service converts your crypto to fiat, rather than holding crypto on the card.
What network does the Wealthsimple Card run on?
The Wealthsimple Card runs on the Mastercard network, so it's accepted wherever Mastercard is supported, and it works with Apple Pay and Google Pay.