Bank Accounts
Wealthsimple: accounts and charges
2 accounts captured from Wealthsimple's own published pages and fee schedules, captured 2026-11-15. Charges are printed exactly as published.
Wealthsimple Chequing (formerly Wealthsimple Cash)
Type: chequing
| Monthly fee | $0 |
|---|---|
| Fee waiver minimum balance | Not in the published capture |
| Included transactions | Not in the published capture |
| Excess transaction fee | Not in the published capture |
| Interac e-Transfer fee | Not in the published capture |
| NSF fee | Not in the published capture |
| Overdraft | Not in the published capture |
| ATM fees | Free, we'll reimburse fees charged by ATM providers globally |
| Published welcome bonus | $25 bonus |
| Interest rate as published | Generation clients: 2.25%; Premium clients: 1.75%; Core clients: 1.25% |
Direct browser.open of this page returned 429 and was not retried in this pass; figures are from the search-indexed copy of Wealthsimple's own chequing page. Page states: 'We don't charge any monthly account fees or minimum balance fees', no FX fee, and domestic wires $15 flat. All Core and Premium clients can earn up to 2.25% with a 0.5% boost for direct depositing at least $2,000 within a 30-day period; 2.25% requires at least $500,000 in assets (Generation). $25 bonus is from the title of Wealthsimple's own aff-cash landing page in search results. Included transaction count, e-Transfer fee, NSF fee, excess fee and overdraft charge were not stated in the page text reached, so they are null; the page does say Wealthsimple charges no monthly or everyday fees.
Source: https://www.wealthsimple.com/en-ca/chequing | Captured 2026-11-15
Wealthsimple Savings Account
Type: savings
| Monthly fee | $0 |
|---|---|
| Fee waiver minimum balance | Not in the published capture |
| Included transactions | Not in the published capture |
| Excess transaction fee | Not in the published capture |
| Interac e-Transfer fee | Not in the published capture |
| NSF fee | Not in the published capture |
| Overdraft | Not in the published capture |
| ATM fees | Not in the published capture |
| Published welcome bonus | 5% interest for the first 5 weeks for new clients under the Wealthsimple Welcome Offer, then 2.5% |
| Interest rate as published | 2.5% |
Fetched in full 2026-11-15. Page: 'Earn 2.5% interest on your savings. No fees, no funny business'; comparison table lists Fees $0 and Account minimums None; no withdrawal notices or lock-in periods. Non-registered investment account per Wealthsimple help page (search result): earns 2.5%, calculated daily, paid monthly, no MER fees on cash. Savings account has no account/transit number and cannot receive e-Transfers or ATM withdrawals directly per the savings page FAQ (those are chequing features), so e-Transfer and ATM fees are null, not $0. Welcome offer is from wealthsimple.com/en-ca/5-percent-welcome-offer (search-indexed).
Source: https://www.wealthsimple.com/en-ca/savings | Captured 2026-11-15