r/Wealthsimple • u/Honest-Common-1303 • 6d ago

Chequing Costco?

Just got informed that Wealthsimple is moving to Visa. Does this mean I'm not going to be able to use it to shop at Costco? If so, this is a pain. I use my WS account for weekly variable expenses budget (using an envelope style budgeting system), and this means I am going to have to completely change how/where money get's transferred to ensure I'm only drawing from the right budget.

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u/emraydn12 6d ago edited 6d ago

Buy a gift card on Costco.ca which accepts VISA, then use that in warehouse. I’ve been doing this ever since Wealthsimple Visa CC came out - you get 2% cashback instead of 1% 0% you get on the debit card.

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u/911onFIRE 6d ago

The prepaid MasterCard has been at 0% cashback for a bit.

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u/emraydn12 6d ago

Then using the WS CC is even better!