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this post was submitted on 11 Jun 2025
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Isn’t the WealthSimple card a Visa though? Costco only takes Mastercard so you wouldn’t be using it there. Costco card is 3% on Costco gas and restaurants, 2% on other gas and Costco.ca. For me that’s a big part of my spending.
Now if someone doesn’t do Costco then the WealthSimple card is probably a better option than lots of other cards. Particularly if they qualify for not paying the monthly fee.
You’re absolutely right. I totally forgot about Costco only accepting Mastercard and debit.