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Wealthsimple Cash is a no-fee chequing account using a prepaid Mastercard. It earns 1.25% interest on balances, charges no foreign transaction fees, and reimburses ATM fees worldwide. It links seamlessly to Wealthsimple's investing platform.
Monthly Fee
$0
Fee Note
Always free
Key Features
No fees, no minimums
Peer-to-peer payments (like Venmo)
Seamlessly linked to Wealthsimple Invest & Trade
1.25% interest on your balance
No FX fees
WS reimburses fees charged by ATM providers globally