It is nice enough that they are doing it, but I hate the merchant prizes. Am I alone in wishing I could select entries instead of the $10 credit or add it back in the pot for someone else to claim.

Just want to give Wealthsimple a shout out. They played a huge role when I started my personal finance journey back in 2017 to being a generation client.

They really changed Canada’s investing and banking industry for the better and though there were bumps in the road, I’m sad to start moving my accounts out since non-residents aren’t allowed.

Cheers and keep up the good work.

"Want to see something Unusual?

Click through to watch the show"

It shows up right on top of my accounts. I can't figure out how to turn it off.

Before I could go to Costco and originally if I pre-authorize a certain amount at the gas station, it would take that amount for example these two photos here from the gas station. I tapped a pre-authorization the first one for $40 second for 20 and they both came out for $75.

Has this happend to anyone else?

After years of trying to get her to contribute to her TFSA it seems like the Wealthsimple contest has done the trick. She isn't buying lottery tickets anymore and she's bragging about how many contest entries she's getting. This is a huge win for me.

I know that Wealthsimple is going to drop support for the Mastercard for the cash account soon but I still haven’t gotten any notice to switch to the visa. I’ve seen that it’s coming out in waves but my brothers have both already gotten their new Visa cards but I haven’t yet. What’s going on?

I have my WS virtual card in Apple Pay and just added my new WS prepaid Visa card in Apple Pay.
1. Is there a difference or benefit to having a virtual card when I could just use the prepaid card in my wallet?
2. I ordered the new WS prepaid visa and right now it’s in my Apple wallet (physical not received) as well as virtual card with Mastercard. Is that going to change? Do I need to do something?

Until Jan 18, 2027

I've got around $15k CAD in crypto on Wealthsimple, spread across BTC, ETH, SOL, XRP and HBAR.

I'm weighing up two options:

1. Selling everything to CAD within Wealthsimple and keeping/withdrawing the proceeds through my usual accounts.
2. Transferring the crypto directly to my own wallets on other platforms.

I've seen several posts here about people having their Wealthsimple accounts frozen or restricted after making crypto withdrawals, sometimes affecting their non-crypto accounts too.

I'm not too concerned about the extra fees from selling and potentially repurchasing elsewhere. My main priority is reducing the risk to my other Wealthsimple accounts.

So I'm essentially asking: which of my two options are less likely to trigger a restriction than withdrawing crypto to an external wallet? (in your opinion)

Would it be possible to see and manage the pending operations in the Authorized trading?

Having half finished features is boring.. but hey, come gamble or enter for the 1m$ lottery lol

(Updated)

Hey folks, I’m in that in-between spot where I’d qualify for Wealthsimple’s ‘Generation’ tier, but still not anywhere near private banking at a big bank. I’m considering moving investments, a TFSA, and some bank accounts. I like the idea of lower fees and simplicity of having everything in one place. The ‘Infinite Privilege’ card looks interesting and I have recurring monthly transactions that would allow me to make use of the cash back.

What I can’t find much on though is, has anyone successfully negotiated better transfer bonuses or extra incentives beyond the posted promos?” “Also, any gotchas after moving a larger taxable account? Customer service, execution, tax slips, anything you wish you knew before? Thanks!

UPDATE: Met with a Wealthsimple account executive today. They confirmed they can’t offer anything beyond current promotions, even after I mentioned a competing bank offer.

Their only suggestion was to have my partner transfer first and refer me, earning her a $1,000 bonus if I bring over $500K.

From my research, it looks like Wealthsimple has offered 3% transfer promotions in the past, possibly annually, but I haven’t confirmed that.

Now debating whether it’s worth waiting for another promotion. Or just take the L transfer and stop paying management fees elsewhere.

I really preffered to see all my accounts listed underneath each other with their avg price and account value directly without having to click on each one.

Can we bring it back please?

That's it, we're out.

A little over $400,000 in RRSP, TFSA, savings, and chequing. All moved out, never to return.

The last couple of months of relentless promotional gimmicks added up to the final straw. This unceasing need to acquire new deposits, new customers, new money, started looking increasingly problematic. Then they added crypto, then they added prediction markets. Plus more giveaways. And more giveaways.

I'm not saying that Wealthsimple is a Ponzi scheme. I am saying that looked at from an objective perspective, it has all the hallmarks of a Ponzi scheme.

There seems to be a constant need to keep the new money coming in.

Worse, its depositors are eager participants. To say that they are credulous is an understatement. (Anyone with money to deposit who doesn't know what "credulous" means is an ideal Wealthsimple customer.) I include myself in this category, of course, until enough became enough. The bells and whistles. The special perks. Please, just stop.

There's an old saying that you should never invest in something that you don't understand. I pretended to believe that Wealthsimple was safe, despite not being a bank, despite not having its own CDIC insurance, despite not having a parent banking institution or other financial entity underwriting the risk.

In short, I was happy to accept the umbrella "fintech" definition, as if this buzzy abbreviation meant anything more than, "A new way to get depositors' money. You know, move fast and break things! Disruptive innovation!"

There's a crash coming. I don't want my money to be tied up in a Tech Bros scheme that only works when the rest of the market is healthy because there is sufficient additional depositor confidence to avoid a bank run. Or a fintech run.

I'll take bricks and mortar, please. Or online subsidiaries of bricks and mortar. Lower interest rates? Fine. The capital is protected. I'm now sleeping much better at night.

Cheers.

Previously, if you click MODIFY ORDER, it would show the limit price that you set it to, and you just modify it to a different price.

But now, it doesn't show that price anymore, it shows current market price.

So now we've lost that reference point of what price I originally set the limit order to be, and I have to go back and see what price i had previously set, and then go to MODIFY ORDER again and type in the new limit price i want.

Can you please change it back to showing what limit price i had set before? Sometimes I only want to change the limit price slightly... or i only want to adjust the quantity, but now I have to remember and retype my original limit price, otherwise it defaults to current market price.

Thanks!

And what to do with them. Also, dang you Good Natued Products! I thought your non-plastic food wrapping would really be the next big thing....

Used it to withdraw cash in Japan and Thailand in September and was happpy about this card. Always accepted and fees refunded

Japan: withdrew at Family Mart and a bank branch. ATM fees charged were 150 and 200 JPY

Thailand: withdrew at a few bank branch ATMs and they have a shockingly high fee that's standard in Thailand. Something like 350 Thai baht which is almost $15 CAD for a withdrawal

I am happy to say that was not a deterrent and could withdraw Thai baht in small amounts since I did not want to bring back any cash

Refunds were in my chequing account after 1-2 business days

Hi yesterday i went to withdraw 40$ at an ATM (desjardins), i had 150$ in my account, like usual the ATM inform me of the ATM fee of 2$ which i agree, after the withdraw i check my Wealthsimple app and supprise got 110$ left instead of 108, check the transactions in my account and it says i withdrew 40$ with the old MC prepaid it would say i withdrew 42$ and a few days later the 2$ woul be refund

Does the new Visa prepaid, insta refund or something?

Thanks

My mortgage is coming up for renewal with a big 5 bank and I had a meeting with WS today just to see and they are offering me a 0.25% better rate, and $1500 cash back.

WS mentioned they are kinda the mortgage broker and the actual mortgage would be with Thrive who I’ve never heard of so wanted to hear anyone else’s experiences with them, and anything else I should ask or beware of.

For reference notes,
- Shopping 5 year variable rates
- Big 5 bank offering prime minus 0.75%
- WS/Thrive offering prime minus 1% + $1500 cash back.

won't let me (desktop chrome)

According to the status page, the country/billing error with the card has been resolved.

I previously tried to set up my phone payments with it and it would fail with a random error message, but it works now. Just thought I would throw this out there for anyone who encountered it before when trying to make online payments, to give it a try again.

Has anyone had any issues trying to link a USD Corporate Bank account? I keep getting stonewalled from the site when I use their UI, as it can't even see my USD account, and the AI says I can add manually, but keeps getting stalled at the scanning a bank statement part. Everything I've read online and even their AI support chatbot suggests I'm allowed to do this, but I can't seem to get it to work.

I was wondering if anyone has done this in the past and would be able to share their experience with me.

I’m currently debating doing this as the $9.95 commission fee, lack of fractional shares, and not having a good/simple graph or market comparison tool makes it somewhat annoying to use RBC.

I read that it usually takes 2-4 weeks to transfer and that essentially everything would remain the same if I do an in-kind transfer but I just wanted to know your experiences.

Do you have any changes you would’ve made before switching ? Or anything to make the process simpler ?

Thanks in advance for the help!