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this post was submitted on 17 Aug 2025
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This is a blatant PR stunt by a small player looking to differentiate it's established competition. And I love it.
Wealthsimple is great for being in control of most aspects of your wealth.
Highly recommend.
Just don’t bite the bait of alternative investments. Stay away from options and trading and you’re good.
Could you elaborate a bit?
Not OC but I used to use them for small investments back when I had money to play around with. It is a really straightforward platform and very beginner friendly.
I also switched to using them for taxes because turbotax is dogshit. They have a pay what you can/free model and they're again, super user friendly, and have lots of tips on maximizing your return.
I haven't tried any of their other banking things but from my experience with them over the last few years, I'd say they seem pretty decent.
Thanks bud!
Definitely worth a look. They’ve been consistently one of the highest savings account rates and their visa card gives 2% cash back on everything.
I have a self directed tfsa which is doing OK.
Free trades. Fractional. Auto re-investing the dividends.
Super simple. Though their search is a bit lacking.
And their tax fillng.... Holy shit it's the easiest tax filing software I have ever used.
The somewhat recent promotion to get a free pair of airpods was funny.
Deposit $100
Thousand.
Maybe it was a commentary on the ridiculous overpriced pieces of plastoc.
But hey, can't give dictators giant 24k gold statues of themselves by selling non cult priced items.