Wealthsimple

• Get a $25 welcome bonus when you sign up and fund your account with a minimum of $1*

Plus, when you move at least $25,000 in investments in a single transfer to Wealthsimple, they will reimburse the transfer fees from your bank¹⁵.

To open an account with Wealthsimple, you must meet the following requirements:

1. Live in Canada as a Canadian citizen or with a valid Canadian Visa
2. Meet the minimum age requirement for your province or territory
3. Have a valid Social Insurance Number (SIN)
4. Have a valid phone number
5. Meet identity verification requirements for non-registered accounts

CHEQUING & SAVINGS:

For everyday spending and saving

Some accounts are good for parking and growing your money, while others are good for avoiding fees and restrictions. Wealthsimple chequing accounts are great for all of those things.

• Interest rates starting at 1.75% (up to 2.75%)²
• No minimums, monthly fees, or overdraft penalties
• No-fee prepaid Mastercard with 1% cash back on everything³
• No ATM fees or Foreign Transaction (FX) fees^4,5
• Access to 60,000 ATMs across the country
• Third-party ATM fee reimbursements up to $5 per transaction⁴
• Unlimited free Interac e-Transfers^®, bill payments, and debit transaction
• 0.5% interest boost (up to 2.75% total) when you set up eligible direct deposits⁶
• Up to $1 million in CDIC deposit insurance coverage on eligible CAD deposits⁷
• Up to eight individual and eight joint accounts to help organize your money for different goals like vacations, emergency fund, etc.

SELF-DIRECTED INVESTING:

Zero-commission stock and ETF trading

Their self-directed investing platform lets you buy and sell your favourite assets, 100 % commission-free, with ultra-low conversion fees for U.S.-listed securities.

• 100 % commission-free stock and ETF trading (some banks charge up to $9.99 per trade)⁸
• More than 14,000 Canadian and U.S. stocks and ETFs to choose from
• FX conversion fees of 1.5 % or less to and from USD accounts⁹
• Advanced products like options trading, and margin accounts with lower rates than any Canadian bank (as low as prime − 0.5 % for qualified clients)¹⁰
• Automated investments, dividend reinvestment, and fractional shares
• Stock lending to generate passive income¹¹
• Real-time data and advanced charting tools
• Overnight trading for thousands of U.S. stocks and ETFs (24 hours a day, 5 days a week)¹²
• 90+ cryptocurrencies to trade with low fees¹³

PORTFOLIOS:

Expert-built, tailored investing

Their managed portfolios are designed by experts and personalized to your risk tolerance and goals. Or choose a customized portfolio that lets you invest exactly the way you want.

• Low account fees (0.5 % or lower)¹⁴
• Easy customization to tailor your portfolio to your strategy
• Premium and Generation clients in managed portfolios receive on-demand access to financial planners
• Households with more than $500,000 in assets can receive fully bespoke wealth management for their entire family (additional fee of 0.35 % applies)

*This offer is only available to new Wealthsimple clients.

¹Data collected as of March 31, 2025. As compared to all posted-rates of chequing accounts from Canadian financial institutions as listed under Schedule I under the Bank Act. Excludes limited-time and promotional offers and products that do not offer cheques.

²1.75% interest rate is available to Wealthsimple Core clients; 2.25% interest rate is available to Wealthsimple Premium clients; and 2.75% interest rate is available to Wealthsimple Generation clients. Annualized rate, calculated daily, paid monthly. Subject to change. For more information, visit wsim.co/rates.

³1% back excludes cash-like transactions and any refunds and adjustments. See wsim.co/cash-rewards for details.

⁴While Wealthsimple does not charge additional ATM fees, withdrawals may be subject to a fee charged by ATM providers. Wealthsimple will reimburse Cash clients an unlimited number of Canadian ATM fee reimbursements (up to $5 each). Reimbursements will be made to the account linked to the prepaid Mastercard within 4 business days after the ATM transaction settles. For more information, visit wsim.co/atm-reimbursement.

⁵Foreign transaction (FX) fees are surcharges typically applied by financial institutions to foreign currency purchases. Foreign currency transactions are still subject to a currency conversion fee from credit card issuers.

⁶Wealthsimple Core and Premium users who set up automated direct deposits totalling at least CAD $2,000 a month to their Wealthsimple chequing will earn a boosted interest rate of 0.5% (“Boosted Rate”) on top of their current interest rate towards their chequing account balance, up to a maximum of 2.75% total interest rate for CAD Cash accounts. Boosted Rate is an annualized rate, calculated daily, paid monthly, and is subject to change. Must be residents of Canada and age of majority. Max 1 Boosted Rate per eligible client per currency account. Full details at wsim.co/dd-boosted-interest.

⁷For more information about CDIC coverage, visit wsim.co/legal.

⁸Wealthsimple may charge a foreign exchange fee for converting between CAD and USD. See wsim.co/fee-schedule for details.

⁹FX Conversion Fee is applied to the WSII Corporate Exchange Rate as described in the Fee Schedule at wsim.co/fee-schedule. The WSII Corporate Exchange Rate is a live rate including a spread which may vary due to market conditions.

¹⁰Compared to margin interest rates with similar asset requirements from Canadian financial institutions as listed under Schedule I under the Bank Act as of March 13, 2025. Wealthsimple’s margin interest rate is P-0.5% for Generation clients, P-0% for Premium clients, and P+0.5% for Core clients. Wealthsimple's margin account prime rate is 4.95% for CAD and 7.5% for USD as of March 13, 2025. Subject to change. Annualized rates, calculated daily, charged monthly. All investments involve risks. See wsim.co/marginaccount for details.

¹¹When participating in the Stock Lending feature, loaned securities are not protected by CIPF. All investments involve risk. For more information regarding the risk of stock lending, please see wsim.co/stock-lending-disclosure.

¹²For information on risks and other considerations associated with trading during extended hours sessions, please wsim.co/extended-hours.

¹³On each Order, WSII adds a margin to the exchange rate provided to us by the Liquidity Provider. See wsim.co/crypto-fees for details.

¹⁴The management fees for Managed portfolio and automated trading and rebalancing fees for Customized Portfolio are 0.5% for Wealthsimple Core clients, 0.4% for Wealthsimple Premium clients, and from 0.4% for Wealthsimple Generation clients with $500,000 in assets to 0.2% for Wealthsimple Generation clients with $10,000,000 or more in assets. The Wealthsimple Managed classic portfolio has an average MER (management expense ratio) of 0.12%, making a total cost of 0.52%–0.62%. For more information, see wsim.co/investfees and wsim.co/fee-schedule.

¹⁵Each transfer of minimum $25,000 must be in a single transfer of an account. See wsim.co/fee-reimbursement for details.

Interac e-Transfer^® is a registered trade-mark of Interac Corp. Used under license.