Overview
Wealthsimple offers 3 different tiers: Core, Premium and Generation.
To upgrade to a new tier, you must meet the minimum required threshold through either the value of your net deposits or the value of your entire Wealthsimple portfolio.
Tip: Net deposits are calculated by adding up the total amount of money you deposit or transfer into all of your Wealthsimple accounts (including Managed investing, Stocks & ETFs, Crypto, and Cash accounts). Your net deposits won't decrease if the value of your portfolio decreases due to market fluctuations. However, your net deposits will decrease if you withdraw or transfer out funds from your accounts.
For more information on Premium and Generation plans, check out our overview articles:
Tier eligibility requirements
| Core |
Premium |
Generation |
| None |
Minimum 100k in net deposits or 100k in total assets across your Wealthsimple accounts |
Minimum 500k in net deposits or 500k in total assets across your Wealthsimple accounts |
Note: Upgrades will be applied automatically once you meet the threshold requirement for each tier. It takes at least 1 business day to process tier upgrades. You'll be notified once your upgrade is complete and you can start accessing your new benefits.
What's included in each tier
Stocks & ETFs
| |
Core |
Premium |
Generation |
| Commissions |
$0 |
$0 |
$0 |
| USD accounts |
$10/month |
Included (must opt-in) |
Included (must opt-in) |
| Instant deposits |
Up to $50,000 |
Up to $250,000 |
Up to $250,000 |
| Options pricing |
$2 USD |
$0.75 USD |
$0.75 USD |
Managed investing
| |
Core |
Premium |
Generation |
| Management fees |
0.5% |
0.4% |
Starting at 0.4%, as low as 0.20% |
| Access to Private Credit and Private Equity |
No |
Yes |
Yes |
| Tax loss harvesting |
No |
Yes |
Yes |
| Custom portfolios |
No |
No |
Yes |
Crypto
| |
Core |
Premium |
Generation |
| Trading fees |
2% |
1% |
0.5% |
| Staking fees |
30% |
30% |
15% |
Spend & Save
| |
Core |
Premium |
Generation |
| Cash account interest |
3.25% |
3.75% |
4.25% |
| Cash direct deposit boost |
0.5% |
0.5% |
N/A |
Financial planning & advice
| |
Core |
Premium |
Generation |
| Educational content |
Yes |
Yes |
Yes |
| Goal setting with an advisor |
No |
Yes |
Yes |
| Dedicated team |
No |
No |
Yes |
| Comprehensive financial plan |
No |
No |
Yes |
Account management & support
| |
Core |
Premium |
Generation |
| Human support & 24/7 Help Center and Chatbot access |
Yes |
Yes |
Yes |
| Priority email support |
No |
Yes |
Yes |
| Priority phone support |
No |
Yes |
Yes |
Perks
| |
Core |
Premium |
Generation |
| Airport lounge access with DragonPass |
No |
No |
10 visits per year |
| 15% off Willful |
No |
Yes |
Yes |
| MedCan Year-Round Care (Ontario only) |
No |
30% off |
40% off |
| MedCan Annual Health Assessment (Ontario only) |
No |
20% off |
30% off |
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