There should be a mode to turn off all Ads and other contests.

Honestly this thread has a lot of people upset about the possibility of a toggle switch to turn ads off for people who don’t always want to see ads.

Seems like a good thing. Give away something of no value (i.e., entries in the monthly millionaire draw) to brainless idiots (e.g., me…who will continue to do whatever I can to maximize said entries in said draw) so that I will perhaps give something of real value (my dollars) to Canadian businesses. That’s alchemy, right there. 

Not that I’ve been overly tempted to do the last part yet, but there’s still time…

Anyone else notice they seemed to change credit card increase criteria from wait 6-8 months and you will be notified ™️ to you need to deposit more often…

Not big fan of this

I had 2100 entries when I won it.

I don't want to have to be scrolling down for 10 minutes in the "activity section" or viewing my statements to confirm my $3 KFC refund finally came through because they were out of pepsi

Is anyone else having issues verifying their cards after adding to Apple Pay? I upgraded my phone yesterday and I haven’t been able to verify my VIP card since. I also tried on my iPad today and It’s giving me the same issue. Happens with adding both through the app and manually in Wallet. Wealthsimple support also doesn’t know what’s going on. It was also happening to the prepaid Visa card, but that one I managed to add this morning on my phone using the app and it didn’t ask for any verification this time.

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WS recently changed automated portfolios to semi automated with a drop jn fees to 0.25%. I can not longer see allocations of the portfolio by market, industry or even stock vs bond holding. Thinking about changing this portfolio to self managed, or even fully WS managed, but looks like this requires transferring the portfolio in kind to a new account of the same type, and then closing the old account.

What am I missing? Any benefit other then the marginally lower fee?

I still have my 1 share of AMZN @ $151 lol

I miss the dad hats, and the crew neck that was available while using cash back. Pls bring it back... and the water bottle!

I noticed the credit limit increase request in app has disappeared for me. Wondering if it's showing for anyone else or if they've removed it entirely

Unless you click on some other icons. It worked fine until yesterday. Why forcing us to click on 56 850 buttons just to see the info we need?

EDIT: You can’t see the book cost either, unless you click the stupid button.

EDIT 2: Wait, it gets worse! Because they moved the “holdings” section right under the chart, you can’t see the price of a stock/etf AND the bid/ask in one go. You now have to scroll for this. Wtf is this mess?

As listed in https://status.wealthsimple.com/incidents/f8kj47b6kzv0 the card was out for close to two weeks. This impacted me severely because I became unable to pay for most of my daily transactions, including my Apple subscription and a few services I need for work (thankfully reimbursed). I assumed it was just a growing pain from the transition to Visa and it would take at most a day or two to resolve but it extended far beyond what I find comfortable or reasonable for a financial service.

To pay bills again I opened an account quickly at a local branch of a Big Five and moved some money there. The Visa Debit card they offered was mercifully accepted by the services that the Wealthsimple prepaid failed to cover so I wasn't delinquent for too long. However as my paycheque came in and Wealthsimple's card wasn't recovering I opted to point my direct deposit at my new bank account and stay on the new card until then.

Now it has recovered three days ago, which is good, but I haven't heard the why. I've seen a few theories online (such as reused Peruvian numbers?) but of course all earsay. Did Wealthsimple ever explain what happened? I need to know at least some technical details about the cause so I can feel confident again in the service and not worry about my assets suddenly becoming less accessible.

I used to be able to see my avg prices in my automated account per stock/etf when i opened the stock/etf individually now WS is not showing it anymore

Anyone else having this happen to them?

TL;DR: Wealthsimple refuses to count my Quebec parental leave (RQAP) direct deposits toward the $4k/month requirement for the Visa Infinite fee waiver. Got charged $220 and support says I’m out of luck until I return to work.

Hey everyone,

I’m looking to see if anyone else has run into this issue or has any advice on how to escalate it.

I have the Wealthsimple Visa Infinite credit card, which has a $220 annual fee. However, the fee is supposed to be waived if you meet their $4,000/month direct deposit threshold.

My partner and I recently had a baby, so I am currently on parental leave in Quebec, receiving my benefits through RQAP (Quebec Parental Insurance Plan). My RQAP direct deposits exceed the $4,000/month requirement, but I was just charged the $220 annual fee anyway.

I figured it was just an issue with the automated system not recognizing government insurance deposits as standard payroll, so I reached out to support. They escalated it to a "senior specialist" who reviewed my payslips and direct deposit documents. Their response?

They told me that RQAP deposits "don't meet the requirements for the monthly fee waiver" and that the fee will continue to apply until I go back to work and re-establish my regular paychecks.

I replied asking them to explain exactly why parental leave insurance doesn't count as a paycheck, because right now it feels like I'm literally being penalized by their system for having a kid. It makes absolutely no sense.

Has anyone else on parental leave (EI or RQAP) dealt with this? Did you have any luck getting them to manually waive it, or should I just give up?

Edit: thanks for the replies, I'll keep you posted

I feel like being able to edit amounts of purchases helps to have a more clear understanding of my spending. For example: i went to bowling twice the past month with friends and i want to edit the amount i actually spent instead of the full amount that everyone e-transfered to me and other purchases also because i do end up paying for things that me and my friends go out with and they just et me the money but i look at my spending and i be like “how did i spend this much money this month”

Does anyone know if CAF personnel posted outside Canada (returning after 2 years) can maintain their WS accounts (chequing, credit card, registered investment accounts)?

Other posts have indicated that WS will close your account when you no longer maintain a residence in Canada. I figured my case would be unique since the military has compelled me to live+work abroad and to return to Canada once my posting is over. Fwiw, I still pay fed+prov income taxes like before.

hey everyone was the promo where if you refer 6 people for 1k extended until November 1st? Or is this a second round of it where you have to get another 6 people? anyone know lol

Looks like the TELUS Marketplace offer is now available on Core too!

Heres the BYOD offer:

• 25% off eligible TELUS 5G+ plans for 24 months
• 30,000 TELUS points
• Eligible for TELUS Family and bundle discounts

The offer says it’s exclusive to the Wealthsimple app.

Has anyone tried signing up yet? Curious what the actual monthly pricing looks like after the discount and whether there are any plan restrictions.

Hi folks, don't know much about investment but at this time, I just want to add overdraft protection to my chequing account.

I understand it need to be done with a PLOC but I was wondering what is the best or most efficient asset to hold to have a good ratio.

Money invested in something giving the most overdraft protection amount? Thanks

So there big super great and exciting November announcement is just a stable coin? How useless.

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.

Hello. I accidently activated my credit card before it was delivered. I have some important purchases for construction materials to make and so I thought I had to activate the card in order for the transactions to go through (using google pay).

I later learned that you're not supposed to activate it as it makes you vulnerable if someone gets the physical card before delivery. I didn't know the virtual card is activated automatically. In order to be safe, I locked the card for now. However, I don't want to have to lock/unlock for every transaction going forward until the physical card arrives in 1-2 weeks.

I read that there was an option to lock just the physical card and not the virtual card, but I'm unable to figure out how to do it. I've tried the app and browser but I don't see two distinct cards with options to lock one and not the other, I only see a singular card in the app and in the browser. Thank you.

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.

Did anyone actually sign up for the portfolio management service (that used to be free for Generation)? If so, what is your opinion of the result?