Available regions
Applications or normal card activation are supported
CanadaCA
- Evidence
- Officially supported
Card database / Mastercard / Visa / Crypto-friendly bank account card
W
Wealthsimple Crypto Card
Updated: Sep 15, 2026
The Wealthsimple Crypto Card, together with the broader Wealthsimple payment card ecosystem, is a series of financial cards issued by leading Canadian fintech company Wealthsimple in partnership with Mastercard and Visa. Designed specifically for Canadian tax residents, the cards allow everyday spending cashback to be converted directly into cryptocurrencies such as BTC, ETH, and SOL. The entire card range emphasizes zero foreign exchange fees (0% FX Fee) and is one of the most representative and highly compliant crypto cashback and fiat payment tools in the Canadian market.
- Card network
- Product type
- Crypto-friendly bank account card
- Card form
- Virtual card
- Operating status
- Active
- KYC level
- Full KYC
- Commercial relationship
- No commercial relationship
- Risk score
- 80-89
- Supported assets
USDC
BTC
ETH
SOL
XRP'%20xlink:href='%23b'/%3e%3cuse%20fill='%23FFF'%20xlink:href='%23b'/%3e%3c/g%3e%3c/svg%3e)
ADA- Last updated
- Sep 15, 2026
Official and company information
Issuer identity and company credentials
Wealthsimple, founded in 2014, is a leading Canadian full-service digital fintech company and one-stop wealth management platform. The platform offers diversified wealth management services, including commission-free stock and ETF automated and self-directed trading (Trade & Invest), crypto custody trading, digital checking accounts (Chequing), and smart tax filing (Tax). Through partnerships with licensed Canadian financial institutions, it provides high deposit insurance on cash savings and offers a dedicated prepaid card and a Visa Infinite credit card for everyday global spending and rewards.
- Company / issuer
- Wealthsimple Crypto
- Legal name
- Wealthsimple Inc
- Registered region
- Canada (CA)
- Headquarters
- Canada
- Company type
- Fintech
- Verification status
- Verified
- Issuer website
- Official link
- Application page
- Application link
Card overview
Wealthsimple is a leading Canadian financial technology platform with tens of billions of Canadian dollars in assets under management and is subject to strict financial regulation. Wealthsimple's card products, covering prepaid debit cards and premium Visa credit cards, connect domestic Canadian fiat spending, conventional securities investment, and on-chain crypto assets.
For everyday online and in-person purchases, cardholders can choose to have 1%–2% cashback automatically settled as cash, Canadian or US equities, or used to purchase selected cryptocurrencies such as Bitcoin, Ethereum, and Solana in real time, with the assets deposited directly into their Wealthsimple Crypto accounts. This allows users to accumulate crypto assets as they spend.
Wealthsimple cards also offer competitive fees: all versions waive the 2.5% foreign exchange fee traditionally charged by banks and support Apple Pay and Google Pay. Together with Canadian CDIC deposit insurance and oversight by CIRO, the Canadian Investment Regulatory Organization, Wealthsimple cards provide crypto asset users in Canada with a secure and practical option for everyday payments.
Mastercard / Visa card experienceRegional availabilityTerms may change
Notice: No additional notice is available.
Usage scale & trends
Usage data is not available for this card yet. It will appear here when available.
Card variants and fee differences
Compare verified fee records across card forms and tiers
W Wealthsimple Prepaid Mastercard | |
|---|---|
| Card form | Virtual card |
| Fees | |
| Monthly fee | Free No monthly fee for checking account and card |
| Card issuance fee | Free Free |
| ATM fee | Free ATM fees reimbursable if eligible |
| Foreign exchange fee | 0% Only Mastercard exchange rate used |
| Top-up fee | Free Regular deposits to checking account free |
| Failed transaction fee | Free No card fees for chargebacks and NSF |
| Rewards | |
| Cashback | 0% Discontinued from October 2025 |
| Crypto cashback | 0% Terminated on September 30, 2025 |
| Staking rewards | — |
| Staking APR | — |
| Welcome bonus | — |
| Referral bonus | — |
| Limits | |
| Daily spending limit | 5,000 CAD Combined POS and online transactions |
| Monthly spending limit | 30,000 CAD Cumulative spending on a rolling cycle |
| ATM withdrawal limit | 3,000 CAD Maximum 10 withdrawals per day; weekly limit 10,000 CAD |
| Card network |
Fees may vary by region, card tier, and official policy. Verify the latest official terms.
Regions and language support
Application status based on public sources, official policy, and user reports. This is not application advice.
Unsupported or restricted regions
Applications or features are unavailable or restricted
EthiopiaETSierra LeoneSLSudanSDGuinea-BissauGWIraqIQCubaCUSomaliaSORussiaRUNorth KoreaKPBangladeshBDAfghanistanAFHong KongHKSouth SudanSSMyanmar (Burma)MMLibyaLYSyriaSYHaitiHTLiberiaLRYemenYESão Tomé & PríncipeSTUnited StatesUSCentral African RepublicCFMaliMLChinaCNMacaoMOVenezuelaVEIranIRBelarusBYUkraineUATaiwanTWEritreaER
- Evidence
- Officially restricted
Unconfirmed regions
Evidence is insufficient
No records
- Evidence
- Public sources
Availability in English-Speaking Markets
1. United States：Cannot apply，Can use，Wealthsimple does not offer a separate Crypto Card; its current prepaid Mastercard requires a Canadian Wealthsimple Chequing account, but an eligible Canadian cardholder can use it in the United States.
2. United Kingdom：Cannot apply，Can use，Card issuance requires Canadian residency and an eligible Wealthsimple Chequing account, while an issued card can be used in the United Kingdom.
3. Canada：Can apply，Can use，Canadian residents who meet the provincial age requirement and have a valid Canadian phone number can open an eligible Chequing account and receive the Wealthsimple prepaid Mastercard.
4. Australia：Cannot apply，Can use，Australian residents cannot open the Canadian Chequing account required for card issuance, but an eligible Wealthsimple card can be used in Australia.
5. South Africa：Cannot apply，Can use，South African residents are outside Wealthsimple’s Canadian-only card issuance program, while an issued card can be used in South Africa.
6. New Zealand：Cannot apply，Can use，New Zealand residents cannot obtain the card because issuance requires Canadian residency, but an eligible cardholder can use it in New Zealand.
7. Ireland：Cannot apply，Can use，Irish residents are outside the Canadian card issuance program, while a valid Wealthsimple card can be used in Ireland.
Updated: Sep 15, 2026
KYC requirements
Current identity-verification requirements and restrictions
KYC required
YesRequiredKYC level
Full KYCRequirement confirmedProof of address
YesRequiredAccepted documents
Canadian driver's license / Canadian passport / Canadian permanent resident card / Status card / Provincial ID / Foreign passport / Bank statement / Utility bill / T4 / CRA notice of assessment
Review time / regional limits
Automated credit bureau verification can be completed instantly; document and manual review generally take longer.
KYC provider
Persona
Updated
Aug 7, 2026
Payment compatibility
Support status and update date by payment scenario · Actual availability may vary by region, merchant, and issuer policy
Compatibility overview13 scenarios
Supported13
Not supported0
UpdatedAug 7, 2026
Wallet payments
Alipay
Supported
Aug 7, 2026
Wallet payments
Apple Pay
Supported
Jul 22, 2026
Wallet payments
Apple Pay
Supported
Aug 7, 2026
Cash services
ATM withdrawal
Supported
Aug 7, 2026
AI tools
ChatGPT
Supported
Aug 7, 2026
AI tools
Claude
Supported
Aug 7, 2026
Wallet payments
Google Pay
Supported
Aug 7, 2026
AI tools
Midjourney
Supported
Aug 7, 2026
In-person payments
Offline POS
Supported
Aug 7, 2026
Online shopping
Online shopping
Supported
Aug 7, 2026
Wallet payments
PayPal
Supported
Aug 7, 2026
Subscriptions
Subscription payment
Supported
Aug 7, 2026
Wallet payments
WeChat Pay
Supported
Aug 7, 2026
Review
Read the editorial review, its verdict and latest update.
No review yet
No review has been published for this card. Published reviews appear here.
User reviews
Showing 10 approved reviews matched to this card
Last update broke iPad usage
Confused with horizontal and vertical positions
View original It’s nice lots of options.
Good team to work with.
View original windowed on iPad is broken with latest update!
please fix windowed mode on ipad. With the latest version, the orientation is wrong and making the app unusable.
View original Wealthsimple - Grow your money Google Play review - 5 star
I got locked out of my account and their customer service was great, they promptly got back and helped me gain access again. I love the app too, and I dont have much experience in trading and this is a simple platform that's easy to understand.
View original Wealthsimple - Grow your money Google Play review - 3 star
it all works okay, the graphs have no vertical scale so they're just a bit ridiculously stupid. navigating around it's otherwise tidy
View original My money never looked so good!
I love this app. Super intuitive and it looks great!
View original Affichage différent sur iPad avec ios27
Depuis le passage à ios27 l’app s’ouvre en mode portrait. Je préfère le mode paysage comme avant. Le bouton pour afficher les notifications comme lus ne semble plus fonctionner. On n’est pas capable de le décocher. Faudrait réviser l affichage pour iPad
View original Wealthsimple - Grow your money Google Play review - 1 star
can't upload docs. been trying for a month to transfer in kind to charity. will never recommend
View original Wealthsimple - Grow your money Google Play review - 1 star
they lied about direct registration to me in April of 2021 and then offered the service for a fee in Sept of 2021 Ben is a bad actor in the space
View original Wealthsimple - Grow your money Google Play review - 3 star
can I just get all my mid day price checks at one time. not so many individual notifications.....
View original Risk factors
Updated: Aug 7, 2026
No risk factors are available
Frequently asked questions
Answers drawn from the published record on this page.
Does Wealthsimple Crypto Card require KYC?
Our record lists the Wealthsimple Crypto Card verification requirement as: Full KYC. Document and review details are in the KYC section of this page.
Does Wealthsimple Crypto Card support Apple Pay and Google Pay?
Apple Pay: Supported. Google Pay: Supported.
Which assets can I top up Wealthsimple Crypto Card with?
Our record lists Wealthsimple Crypto Card support for: USDC, BTC, ETH, SOL, XRP, and ADA.
Is Wealthsimple Crypto Card a virtual or a physical card?
Wealthsimple Crypto Card is offered as: Virtual card.
Where is Wealthsimple Crypto Card available?
Our record lists 1 countries or regions as available and 31 as restricted. Country-by-country status is in the regions section of this page.
Who issues Wealthsimple Crypto Card?
Wealthsimple Crypto Card is operated by Wealthsimple Crypto on the Mastercard / Visa network.