Chequing

Never bounce a bill again: meet overdraft protection

Wealthsimple overdraft protection covers recurring bill payments and pre-authorized debits when there’s a shortfall in your chequing account by borrowing from your portfolio line of credit — the lowest rate in the market, no NSF fees, no per-use fees, no application. Your payment just goes through.

Households: your whole financial picture in one place

See everything your household owns, owes, spends, and saves — investments, external accounts, and net worth — all in one view with Wealthsimple.

Rates as low as 3.95%: meet the Wealthsimple portfolio line of credit

Your investments can do more than grow. Put them to work and get instant access to cash — without selling a single share.

Wealthsimple chequing: new fall features 

Canada’s highest-interest chequing account just got better. Check out the latest improvements to Wealthsimple chequing: mobile cheque deposits, international money transfers, and more.

Meet our re-designed Wealthsimple app

There’s so much to think about when you think about money: How much am I saving? How much am I investing? How much did I spend? On that? Seriously? So we redesigned our app to make it easier to see your total wealth, and manage your spending, saving, and investing all in one place.

Your Step-by-Step Guide to Getting the Most from Wealthsimple Chequing

Your Wealthsimple chequing account does more than hold your cash — it’s designed to simplify your day-to-day finances while helping your money grow. Here’s how to start using it.

The chequing account that brings the branch to you

Introducing our new and improved chequing account’s recently launched features.

Our Product Suite Delivers in 2024

Our Chequing Accounts Now Have Up to $1 Million in Deposit Coverage

How do we give you up to 10x the coverage of regular chequing accounts in Canada? By working with some of the most respected financial institutions and accumulating all of their CDIC coverage for you.