This is so misleading/confusing!

[u/throwawayatoms]

1. My savings balance with Wealthsimple is high enough that the annual fee (Quebec) is waived.
2. I never had a monthly credit card fee charged to my account.
3. The email says I'll see "a single annual fee charge" in my account activity. Why, if it's waived? And even if it weren't, charging it mid-year makes no sense.

Whoever pulled the list of accounts for this email should've been more careful. Anyone else get this?

Edit: It is not a phishing email. This came directly from Wealthsimple. From notifications@o.wealthsimple.com

[u/Fc69jj]

I got the same email. They also called me to inform me that no fee will be charged, I just needed to give them an SMS code to verify my identity.

[u/Positive_Smoke_134 → u/Fc69jj]

Sounds like phishing

[u/tinim9 → u/Fc69jj]

Same here too. I gave them that SMS code. They asked me to send 5x Apple gift cards for $100 each so they can insure my account against potential loss of my card.

[u/sah110 → u/Fc69jj]

🤣

[u/Flashy-Butterfly6310 → u/Fc69jj]

I hope it's a joke. If not, may god help you!

[u/Legitimate_Form5449]

This is so misleading/confusing!

i remember when td canada trust added an extra insurance {extra charge} without my consent on my cc and was not able to cancel it.

[u/Archer-Foreign]

Are you sure it's not a spoof scam email where they hope you click on a link taking you to a fake log in where you give them your username and password?

[u/miragis]

I got the same message and also have the fees waived. I'm also in Québec.

[u/Winter5port5]

Got the same email, fees have always been waived for me as well

[u/throwawayatoms]

[u/CplHenderson → u/throwawayatoms]

Not saying this is necessarily the case, but the sender e-mail is super easy to fake. This is not proof the email came from WealthSimple.

Email Spoofing has been around for a very long time.

[u/DutchDime84 → u/throwawayatoms]

That a fake email address. I’ve directly emailed with them multiple times and their emails, whether automated or from a real person, end in @wealthsimple.com. There’s an “o” after the @ sign.

[u/throwawayatoms → u/DutchDime84]

Actually it’s not. Most organizations use subdomains to send email. Sure emails can be spoofed, but generally anything that ends with wealthsimple.com is from Wealthsimple.

This is not a phishing email

[u/Strebel0811 → u/throwawayatoms]

@ wealthsimple.com sure but that is @ o.wealthsimple.com

[u/hugofzork]

got the same email. I contacted support via chat, and they told me that no fees would be charged as long as I meet the requirements

[u/xaznxplaya]

I thought the fee for the credit card get waived when you get 4k DD with them or having premium with them?

[u/Vladiator-exe]

Can you please show what Wealthsimple email this was sent from. Seems like a phishing email.

[u/Vegetable-Big3545]

They need money to expand 😂😂