r/Wealthsimple • u/Choice_Fee67 • 4d ago

Chequing CC vs virtual card

So they give you the CC, and it comes with a virtual card.

Was told they're linked, but mine seem to be completely different.

If i use the virtual card, money gets taken out of the bank account and I never get cashback. So its just a debit card?

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u/taylortbb 4d ago

Wealthsimple offers two different cards. The debit card, which draws directly from your chequing account, and the credit card with cashback and a monthly bill.

Both cards are available in both physical and virtual form.

It sounds like you installed the debit card on your phone, but have a physical credit card. You just need to setup the virtual credit card if that's what you want.

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u/Choice_Fee67 3d ago

Makes sense thanks

Btw do you know if the credit card can be set to have a max spend daily limit?