Overview
Wealthsimple will reimburse chequing account clients an unlimited number of ATM fee reimbursements (up to $5 each). Reimbursement will be made to the account linked to your Prepaid Mastercard within 4 business days after the ATM transaction settles.
You might see a standard ATM withdrawal fee (usually about $3.00) when you withdraw from an ATM with your Wealthsimple Prepaid Mastercard. While Wealthsimple doesn't charge additional ATM fees, withdrawals may be subject to a fee charged by ATM providers.
View your ATM fee reimbursements
- Sign in to the Wealthsimple app on your mobile device
- Tap your primary chequing account (the one linked to your Prepaid Mastercard)
- Scroll down to the Activity tab
- Review the ATM fee reimbursements in your activity
- Log in to your Wealthsimple account
- Select your primary chequing account (the one linked to your Prepaid Mastercard)
- Scroll down to the Activity section of the account
- Review the ATM fee reimbursements in your activity
Frequently asked questions
Why wasn’t I reimbursed the full amount for my ATM withdrawal?
We calculate how much the fee was based on the information we receive from the ATM and reimburse you a maximum of $5.
Why don’t I see ATM reimbursements in my chequing account statement?
Currently, ATM reimbursements show up as Card Rewards in chequing account statements.
Can I get reimbursed for ATM withdrawals in other countries?
No. You will only be reimbursed for ATM withdrawals within Canada.
Terms and conditions
The Wealthsimple Prepaid Mastercard ATM fee reimbursement offer (the “Offer”) is valid for new and existing users of the Wealthsimple Prepaid Mastercard (“Card”). The ATM fee reimbursement, which may be subject to change, only applies to domestic ATM transactions. While Wealthsimple does not charge additional ATM fees, withdrawals may be subject to a fee charged by ATM providers. The maximum value for each ATM fee reimbursement is $5. All Wealthsimple Chequing clients are eligible to receive unlimited ATM fee reimbursements (up to $5 per withdrawal). Reimbursements will be made to the chequing account linked to the Card within 3-4 business days after the ATM transaction settles.
Wealthsimple Payments Inc. (“Wealthsimple”) shall have the right at any time to require proof of transaction receipt. Failure to provide such proof may result in the ATM fee not receiving a reimbursement. Wealthsimple reserves the right, in its sole discretion, to not reimburse the user should the user supply untruthful, incomplete, or inaccurate transaction proof.
Wealthsimple reserves the right to amend, withdraw or restrict the Offer at any time without notice. Wealthsimple is the sole arbiter of these rules, the determination of eligible ATM withdrawal, and any other issue arising in connection with the Offer. If Wealthsimple suspects fraudulent or abusive behaviour, gaming of the system or a violation of these terms, Wealthsimple reserves the right to remove all reimbursements from the applicable Wealthsimple chequing account(s) and take any other action it deems appropriate including, but not limited to, closing the applicable Wealthsimple chequing account.
Comments
0 comments
Article is closed for comments.