You might see a standard ATM withdrawal fee (usually about $3.00) when you make a withdrawal at an ATM with your Wealthsimple Cash card. While Wealthsimple does not charge additional ATM fees, withdrawals may be subject to a fee charged by ATM providers.

Wealthsimple will reimburse Cash clients an unlimited number of ATM fee reimbursements (up to $5 each). Reimbursement will be made to the account linked to your Cash card within 4 business days after the ATM transaction settles.

View your ATM fee reimbursements

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 Reimbursement in my Cash statement?

Currently, ATM reimbursements show up as Card Rewards in Cash 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 Cash ATM fee reimbursement offer (the “Offer”) is valid for new and existing users of the Wealthsimple Cash Mastercard Prepaid Card (“Cash 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 Cash clients are eligible to receive unlimited ATM fee reimbursements (up to $5 per withdrawal). Reimbursements will be made to the account linked to the Cash 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 Cash account(s) and take any other action it deems appropriate including, but not limited to, closing the applicable Wealthsimple Cash account.