RWRDS Daily Update June 13: The Wealthsimple Visa Infinite Card is almost here!

Here’s your RWRDS Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more.

The Wealthsimple Visa Infinite Card is almost here!

The Wealthsimple Visa Infinite Card is one step closer to being released to the public. On June 11, the Fintech launched a waitlist that anyone can join to be notified when the card will become available for applications. Shout out to RWRDS Canada community member George for the heads up!

The card has been in beta testing for over a year now (Our first mention of the card was in May 2024) for a select few Wealthsimple clients. It underwent some changes in December 2024 where the monthly spending caps were removed and they added a big benefit, No FX Fees!

From the waitlist landing page, it appears the card as it is known from the December change will be the public offering and here is a reminder of what it provides

2% unlimited cash back on all eligible purchases
No Foreign Transaction Fees
No annual fee if you hold $100,000+ in Wealthsimple (Premium Client or higher) otherwise a $10 monthly fee
Metal card for Premium or higher clients
Purchase Security, Extended Warranty and Mobile Device Insurance

We’ll leave it at that for now and then have full coverage of the card once it moves out of waitlist status!

Click here to learn more and to join the waitlist

Image via Wealthsimple

Today's update is brought you to by:

TD® Aeroplan® Visa Infinite* Card
Earn up to $1,300 in value† including up to 40,000 Aeroplan points† and no Annual Fee for the first year†.
Conditions Apply. Offer effective as of January 7, 2025.
Click here to apply for TD Aeroplan Visa Infinite Card

BMO Rewards is offering 2,000 bonus points on merchandise redemptions

If you collect BMO Rewards points and have been considering redeeming them for merchandise now is the time to do so as you can score a little bonus. Members will receive 2,000 bonus BMO Rewards points for each eligible merchandise redemption of 10,000 or more points made by July 1st. (Gift Cards excluded) Bonus points will be applied by August 31, 2025.

These are the cards that earn BMO Rewards points:

Image via BMO

Subscribe & join to learn more:

Want to learn more? Have a question? Join our Facebook group to ask the RWRDS Canada community!

Be sure to subscribe to the Rewards Canada News email newsletter so that you don’t miss out on any loyalty program news and offers! You can subscribe to the newsletter here

No other resource in Canada provides you with so many ways to earn More Miles More Points More Rewards. Come be part of the RWRDS Canada community and make the most of your loyalty programs and credit card rewards!

Posts since our last update:

Canadian Bonus Offers

Air Canada Aeroplan
– Earn 2,500 Bonus Aeroplan points when you book select Air Canada Vacations packages to the Dominican Republic. Book by Jun 30 for travel Aug 1 – Oct 31, 25. More…

Hyatt World of Hyatt
– Earn 5x World of Hyatt points per eligible workout at a Peloton Participating Hyatt Property in Canada and Worldwide. Offer valid until Aug 5, 25. More…

Other Bonus Offers

Singapore Airlines KrisFlyer
– Receive 30% off KrisFlyer saver award tickets to select Singapore Airlines destinations Worldwide. Book by Jun 30 for travel Jul 1 – 31, 25 More…

Deals:

The Hilton Sale: up to 20% off the Best Available Rate for stays of 2+ nights across the United States, Canada, Mexico, and more. Plus, get up to $100 in on-property credit at select Luxury, All-Inclusive, and Resort Properties in the U.S. Book by June 30 for stays until Sep 1, 25 except Fly to Resort Hotels which are until Jan 10, 26.. Click here to book this offer.

Open a Simplii Financial High Interest Savings Account and earn a special 3.70% interest rate on eligible deposits for 7 months.† No matter how much is in your account, you won’t pay monthly fees. Terms apply. Offer ends June 30, 2025. Click here to get this deal

Patrick Sojka

Patrick is one of Canada's foremost leading experts on loyalty programs and credit cards. Having founded Rewards Canada in 2001 he brings nearly 24 years of experience to the forefront of helping Canadians make the most of their rewards. He has also provided consulting to credit card companies, airlines, hotels and is regularly featured in the media for his expertise on loyalty programs and credit cards.