News Summary

Wealthsimple has introduced its new Visa Infinite Privilege credit card, designed for its Premium and Generation clients. The card features a sleek, matte black metal design and offers an array of travel and cash-back perks, including 2% cash back, no foreign transaction fees, and comprehensive travel insurance benefits. The card aims to provide Wealthsimple’s top-tier clients with exclusive benefits such as airport lounge access, car-rental coverage, and hotel perks. The card is available through a waitlist for eligible clients who meet certain financial criteria. Although the metal card carries a $20 monthly fee, it is waived for Premium or Generation members, or those with regular direct deposits into their Wealthsimple accounts.