To qualify for Wealthsimple Black, you must have £100,000 or more in net deposits in Wealthsimple accounts.

If you've made £100,000+ in net deposits, and then your portfolio balance goes below £100,000 due to market movements, you'll continue to retain your Wealthsimple Black status.

If you make a withdrawal meaning that your net deposits drop below £100,000, you'll lose your Wealthsimple Black status.