I've been using Wealthsimple's High Interest Savings Account for over five years. Today, I'm diving into the good, the bad, and everything in between. Hit the like button and subscribe to Money With Mark for more honest reviews!

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Key Highlights:

No Fees: No annual or monthly fees!
Easy Transfers: Effortlessly connect your bank accounts and transfer money.
Extra Interest: Earn an extra 0.5% interest with direct deposits over $2,000/month.

What I Love:
Automations: Automatic deposits and investments.
Wealthsimple Card: No foreign transaction fees, perfect for travelers.
New Features: Multiple cash accounts and roundup savings.

Room for Improvement:
US Dollar Accounts: Only available in Canadian dollars.
Direct Competition: Neo Financial and KOHO offer some features Wealthsimple lacks.

Conclusion:
Wealthsimple offers competitive interest ratee and a userfriendly experience. It's perfect for savings, but if you're seeking a complete banking alternative, you might want to explore Neo Financial or KOHO.

Get Started:
Sign up for Wealthsimple High Interest Savings Account here and get an extra $25 with my code!
Get $25 FREE when you use my code KBYLNW https://www.moneywithmark.ca/go/wealt...

Questions?
Drop your thoughts in the comments below. What do you think of Wealthsimple's savings account? Leave your review on Wealthsimple's high interest savings account here https://www.moneywithmark.ca/best/hig...

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Chapters:
Introduction 00:00
No Fees & Easy Setup 00:21
Connecting Bank Accounts 00:49
Boosting Interest Rates 01:12
Moving Money Options 01:35
Automatic Savings Features 02:00
Wealthsimple Card Benefits 02:34
Comparison with Other Services 03:03
New Features: Multiple Accounts & RoundUp Savings 03:22
Limitations of Wealthsimple 04:27
Interest Rates & Earnings 05:00
Overall Rating & Recommendations 06:38
Signup Bonus! 07:02



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*I may earn a commission if you buy any products or services via the links in this video's description. This video is not investment, financial, or legal advice. It may be incorrect, outdated, inaccurate, or reflect personal opinions. This video is for entertainment purposes only.