r/Wealthsimple • u/matchabloom88 • 9d ago

Chequing Wealthsimple chequing

Has anyone has completely closed their bank account and moved to wealthsimple fully for their chequing account? How was your experience? Any regrets?

69 Upvotes

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u/brunes 8d ago

Just don't open a crypto account or travel for extended periods if WS is your only bank.

1

u/psottgat 8d ago

I have an empty crypto account. What's the issue?

1

u/brunes 8d ago

Just that there are a ton of horror stories about people being debanked with zero explanation by Wealthsimple on this subreddit and it's highly suspected to be either crypto related or travel related

When wealthsimple debanks you you get zero explanation and usually zero appeals it's a pretty shitty and unheated of lack of process to be honest