Wealthsimple Product Expert: Updates to Cash Accounts

Hey I’m Alex, a product expert at Wealthsimple. I wanted to share with you some new features and improvements we recently added to our Cash account. Maybe you saw some of them already:

  1. We officially offer joint accounts through Cash. Two people can now save, send money and pay bills together from one Cash account. And, joint accounts will automatically earn the highest interest rate between the two individuals (looking at you Premium+)

  2. We heard many of you say you’d love to organize your savings across different high interest accounts. That’s why we added multiple accounts to Cash. Plus, you can assign unique names to each account (and emojis).

  3. CDIC coverage on Wealthsimple Cash accounts is available up to $500,000. Learn more here.

Thanks for your ongoing feedback to make Cash great. Lots more to come! I’ll be available today until 5 pm EST and tomorrow to answer questions about Cash. More info at the link or you can always reach out to our Client team: wsim.co/support

You can check out Cash here: https://www.wealthsimple.com/en-ca/spend