Overview

As of April 11, 2025, the Roundup feature for Wealthsimple chequing accounts, which allowed you to "round up" settled purchases to the nearest dollar and transfer the difference to your cash back rewards account, has been discontinued.

Roundups from purchases that settled before April 11, 2025, will be deposited into the chequing account that your chequing card is associated with. After this date, roundups will no longer be applied to purchases made with your Wealthsimple prepaid Mastercard.

Frequently asked questions

Why was the Roundup feature discontinued?

To maintain a high-quality experience across all of our features, we have decided to remove our Roundup feature that was in Beta. This decision was made after careful consideration.

What happened to my past Roundup transfers?

All past transfers made through the Roundup feature remain in the account chosen to receive your cash back rewards.