Interest rate* How you qualify All clients qualify if they have a Save for Business account open 2.75% Be a qualifying Premium client 3.25% Be a qualifying Generation client *The interest rates listed above are not promotion rates. Note: Interest rates cannot be stacked. For this reason...
Wealthsimple robo-advisor accounts are intended to be fully invested, so there are no cash management features. Wealthsimple Spend and Save, the checking account offered, holds your funds withCDICinsured partner banks and has a 4% interest rate that increases to 4.5% at the premium level and 5...
The must-haves of a chequing account, but with a minimum {{CASH_INTEREST_RATE_CORE}} interest. Earn high interest when you save, and earn rewards when you spend.
You can open a traditional savings account at your bank. Or you can openWealthsimple Save accountwhich is kind of like a chequing and savings account combined. Using a Wealthsimple Save account means you'll probably end up earning much more interest compared to your regular run of the mill sa...
Wealthsimple’s customers have access to screeners forsocially responsible investments (SRIs)(including ESG investments), stocks, and ETFs. However, customers cannot build or customize their own screens, which also means they can’t save customized screens for later use. Investments cannot be screened...
We want to help one million children from low-income families save for their education over the next 10 years. It's going to be a long journey, but we think it's an important one. Featured Topic Money Diaries Candid money stories from interesting people See more articles “My Finances, ...
For this reason, Wealthsimple created theSave account. Instead of keeping cash in your chequing account generating virtually nothing, you have an alternative to generate a bit of growth while keeping your principal guaranteed. If your short-term goals are in registered accounts such as a TFSA, an...
Interest is the cost of borrowing money. If you understand it well, you’ll save money when you borrow and make money when you deposit. Return on Investment (ROI) Explained ByVeneta Lusk 6 min read Ever wonder: What is the meaning of ROI? Here’s return on investment (ROI) explained ...
A smart way to save for life after work Reduce your yearly tax bill now Any money you put into an RRSP within the contribution limit is deducted from your annual income — meaning nice savings for you at tax time. Withdraw at a lower tax rate later Any growth in your account is tax-...
A high yield savings account is a deposit account that offers higher interest rates to standard deposit accounts. The kind of financial institution you choose to save your money in has a significant effect on the interest rate you receive. Brick-and-mortar banks, which have all kinds of costs...