I am come that they might have life, and that they might have it more abundantly.
John 10:10

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Why I Think the Wealthsimple Visa Infinite Card Is One of the Best Travel Credit Cards in Canada

If you travel often like I do, having the right credit card can save you hundreds of dollars every year. After comparing many options, I believe the Wealthsimple Visa Infinite Card is one of the best travel credit cards available for Canadians. Yes, it comes with a $20 monthly fee ($240 per year) if you don't qualify for a fee waiver. However, for frequent travelers, I think the benefits can easily outweigh the cost. Eligible clients can have this fee waived if they meet Wealthsimple's requirements.

7/10/20261 min read

Why I Like It

No Foreign Transaction Fees

Most Canadian credit cards charge a 2.5% foreign transaction fee every time you make a purchase outside Canada. The Wealthsimple Visa Infinite doesn't charge this fee, making it an excellent choice for vacations, business trips, or anyone living abroad.

Unlimited 2% Cash Back

You earn 2% unlimited cash back on eligible purchases with no rotating categories to track. It's simple and rewarding.

Great Travel Benefits

The card also includes travel insurance and other Visa Infinite benefits, giving you extra peace of mind when you're away from home.

Is the $20 Monthly Fee Worth It?

The Wealthsimple Visa Infinite Card has a $20 monthly fee, but I believe it's one of the best travel credit cards available for Canadians.

The good news is that you won't pay the monthly fee if:

You have $100,000 or more in assets with Wealthsimple, or
You switch a qualifying paycheque direct deposit to your Wealthsimple account.

For frequent travellers, the combination of no foreign transaction fees, 2% unlimited cash back, and travel benefits can easily outweigh the cost. If you qualify for the fee waiver, it becomes an even better value.

New to Wealthsimple?

If you don't already have a Wealthsimple account, you can receive $25 when you sign up through my referral link and fund any eligible account with at least $100.

👉 https://wealthsimple.com/invite/_DJKBQ

Whether you open a Cash account, TFSA, FHSA, RRSP, or another eligible investment account, it's an easy way to start your Wealthsimple journey and earn a welcome bonus.

Final Thoughts

Everyone's spending habits are different, but if you're a frequent traveler looking for straightforward rewards, no foreign transaction fees, and solid travel perks, the Wealthsimple Visa Infinite Card deserves a place on your shortlist.