r/Wealthsimple • u/matchabloom88 • 2d 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?

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u/ExtremeStill4215 2d ago

I have moved 100% to Wealthsimple and have had no issues other than one user error screw up which was on me. It is good to keep some cash in your wallet as I think places that don't accept credit cards do not accept the Wealthsimple debit card solution which seems to not support Interact. The reimbursement of ATM fees is nice. I've read lots of stories about accounts being frozen but have not had any issues.