Wealthsimple takes on Big Six with launch of credit cards and loans (thelogic.co)

submitted 5 days ago by Sunshine@lemmy.ca to c/canada@lemmy.ca

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[-] Shadow@lemmy.ca 8 points 5 days ago* (last edited 5 days ago)

Huh, interesting. 2% cash back on everything - https://www.wealthsimple.com/en-ca/credit-card Can join the waitlist via the app

I've been using wealthsimple for years now and really happy with them. Their free tax service is great, and makes it super easy when they already have your investment info.

We're offering a credit card with a 2% unlimited cash back rate. This applies to all purchases you make, excluding:

cash-like transactions,

refunds,

fees, and

adjustments.

The credit card also offers the following benefits:

No foreign transaction fees or other junk fees

Flexible cash back deposited into your Wealthsimple chequing account monthly

Pay with your Apple and Google mobile wallets

Instantly pay down your balance with your Wealthsimple chequing account

Access to all Visa Infinite benefits and offers

No fx fees is nice too

[-] SamuelRJankis@sh.itjust.works 8 points 5 days ago

The product is good and the company is fine for the most part. Although customer service is noticeably worse in the last few years even for whatever they call the highest tier customers.

I found the whole Build Canada(bunch of c-suite guys lobbying for lower taxes, deregulation and reduction of government services) thing to be very off putting.

https://thewalrus.ca/are-a-handful-of-wealthy-tech-bros-bringing-doge-to-canada/