Our Smart Savings account is a savings account built for today. We thought the tried and true savings account could use a Wealthsimple makeover. Here's how we built a better account. It's perfect for people who are dipping their toe into investing or for those who are already investing, to stash their emergency fund.
Competitive interest rates. Join today and you'll start with a 1.15% interest rate that's better than any big bank out there. Whether you start with $1 or $10,000, you still get the same rate.
No teaser or promotional periods. Simple, honest interest rates with no minimums — that don't expire.
No hidden fees. Your rate is really your rate.
Safe and secure. Accounts are deposited with a CDIC member institution and, as a result, the deposits are insured by CDIC up to $100,000 per client.
Free withdrawals with no lock-in periods. We'll transfer money to your bank as often as you want.
Seamless integration with your Wealthsimple accounts. Our accounts feature our bread and butter: kick-ass software to help you do money right.
Enjoy perks of Wealthsimple Black. Get VIP airline lounge access, lower investment fees, and dedicated financial planning when you deposit over $100k between your Wealthsimple investment or savings accounts.