What is the benefit of using the Cash Card instead of my debit or credit card?
With the Cash Card, there are no interest rates, no annual fees and you can earn 5% cash back on weekends at select restaurants, bars, and food delivery services. You can use cash back earned to spend money directly through your Cash account, or you can turn it into stock or Crypto back and invest it directly through your Trade & Crypto account.

How does the 5% cash back promotion work?
With the Wealthsimple Cash Card, you can receive 5% cash back at your favourite restaurants, bars, and food delivery purchases between 12:00am EST on Fridays and 11:59pm EST on Sundays. This cash will be added directly to your Cash account, and be available to spend right away.

How does the stock or Crypto back promotion work?
Instead of earning 5% cash back to your Cash account, you can choose to invest it directly in either Trade or Crypto. Doing so means that your cash back rewards are deposited into one of your accounts on the Trade platform.

Will the Wealthsimple Cash Card affect my credit score?
No, Wealthsimple Cash cards are prepaid Visa cards so it will not impact your credit score.

Can I have more than one card for my account?
No, Cash Cards are limited to one per person.

How does it work when Wealthsimple isn’t a bank?
The Cash Card is a prepaid Visa card. When you insert your card at a terminal, you will need to select credit. The card uses the Visa payments system and is accepted everywhere Visa is accepted.

How does Wealthsimple Cash make money? 
There are no account, management, or transaction fees associated with the Wealthsimple Cash account.

We've designed the product to be simple and without any hidden administration fees. We've built this product along with a few others that we have in hopes to serve a variety of your financial needs. We have our Invest, Trade, and Cash platforms.

We want to offer a variety of low-cost (or free) financial products for folks. While our Wealthsimple Cash account is free, there are fees associated with Invest and Trade. We expect that folks who use Wealthsimple Cash may also use our other products. You have no obligation to use those platforms, though we definitely encourage it.

Does Wealthsimple Cash sell your personal or spending data?
No, Wealthsimple does not sell any of our clients’ data.

Why is my virtual card number different from my physical card number?
This is completely normal. Your virtual card number and physical card number are meant to be different.

How do I start using the Cash Card?
You can check out the below articles to get your card set up and ready to use:

• Set up your Cash Card
• Add funds to your account
• Request a physical Cash Card
• Sync or update your Cash Card PIN