Wealthsimple: how I use it for my accounts

Wealthsimple is what I use for my accounts. This page is part of Money tools I use.

Why it works for me

It has helped me because it works from my phone.

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Business and personal accounts

Wealthsimple offers business accounts and personal accounts. I remember business accounts being free, but I do not remember the exact terms.

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Account details

The accounts have the usual banking details, such as a branch number and an institution number.

Depositing cheques

From what I know, you can deposit a cheque by taking a photo of it.

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Depositing cash

Cash deposits go through Canada Post.

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What went wrong

[ALI TO CONFIRM: anything that has gone wrong with Wealthsimple, or anything that annoys you]

Who it suits

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Who it is not for

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This is not financial advice

I am sharing how I use Wealthsimple, not telling you what to do with your money. Terms and fees change, so check Wealthsimple's current terms and fees before you open an account.

Try Wealthsimple

If you want to try it, this is my referral link:

Go to Wealthsimple [ALI TO CONFIRM: referral link]