Checks more boxes than a chequing account

Wealthsimple is offering 4% interest on their Cash account, with features like no minimums, no monthly fees, no FX fees, no added ATM fees, free unlimited Interac e-Transfers and bill payments, 1% cash back on purchases, and up to $300,000 in CDIC coverage on eligible deposits.

Earn 4% interest on your entire Cash balance. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

September 16, 2023 12:35 PM

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Checks more boxes than a chequing account

<html lang="en"><head> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"><meta name="x-apple-disable-message-reformatting"><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="format-detection" content="telephone=no, date=no, address=no, email=no"><meta name="color-scheme" content="light dark"><meta name="supported-color-schemes" content="light dark"><style>  </style><style>  </style></head><body id="body" class="body" style="word-break:break-word; margin:0; height:100%; width:100%; padding:0"><div style="color:transparent; visibility:hidden; opacity:0; font-size:0px; border:0; max-height:1px; width:1px; margin:0px; padding:0px; border-width:0px!important; display:none!important; line-height:0px!important"><img border="0" width="1" height="1" src="https://clicks.wealthsimple.com/q/lPLmp1mvfbE7QSwVglYxiA~~/AAQRxQA~/RgRm6IiAPVcDc3BjQgpk-oADBmVBfCxFUhVlbXVsaXN0MDFAb3V0bG9vay5jb21YBAAAAgM~" alt=""></div><div style="display:none!important; visibility:hidden; font-size:1px; color:#ffffff; line-height:1px; max-height:0px; max-width:0px; opacity:0; overflow:hidden">Earn 4% interest on your entire Cash balance.</div><div style="display:none">͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ </div><div role="article" aria-roledescription="email" aria-label="Wealthsimple" lang="en"><table align="center" class="screen-font-futuraptBody dark-bg-black" cellpadding="0" cellspacing="0" role="presentation" style="width:100%; background-color:#FCFCFC; font-family:FuturaPT,Avenir,sans-serif"><tbody><tr><td valign="top"><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td valign="top" style="padding-bottom:48px"><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td align="center" class="dark-bg-black sm-pt-7_5" style="background-color:#FCFCFC; padding-top:40px"><table class="sm-w-full" cellpadding="0" cellspacing="0" role="presentation" style="margin-left:auto; margin-right:auto; width:600px"><tbody><tr><td valign="middle" align="center" class="sm-h-70px" height="80"><a href="#" target="_blank" style="color:currentColor; color:#32302F; text-underline-position:from-font"><img src="https://braze-images.com/appboy/communication/assets/image_assets/images/633482379d5d771c7fe83da7/original.png?1664385591" width="202" alt="Wealthsimple" class="sm-w-162px dark-hidden" style="border:0; display:block; border-width:0px"> <img src="https://braze-images.com/appboy/communication/assets/image_assets/images/63348237db77c73d4a701ef4/original.png?1664385591" width="202" alt="Wealthsimple" class="sm-w-162px dark-block" style="border:0; display:none; border-width:0px"> </a></td></tr><tr><td valign="top" align="center" style="padding:16px 0"><img width="600" alt="" src="https://braze-images.com/appboy/communication/assets/image_assets/images/64b96754892c87004f3c936e/original.png?1689872212" class="sm-w-full " style="display:block; border:0; border-width:0px"> </td></tr><tr><td valign="top" align="center"><table cellpadding="0" cellspacing="0" role="presentation" style="width:90%"><tbody><tr><td valign="top" align="center" style="padding-top:8px; padding-bottom:0"><h1 class="sm-text-xl dark-text-offWhite" style="line-height:1; letter-spacing:-0.0075em; font-weight:600; font-family:FuturaPT,Helvetica Neue,sans-serif; color:#32302F; display:block; margin-top:0; margin-bottom:32px; font-size:45px">It pays to move to Cash</h1><table cellpadding="0" cellspacing="0" role="presentation"><tbody><tr><td valign="top" align="center" style="padding-bottom:32px"><a href="#" style="min-width:180px; text-decoration:none; display:inline-block; border-radius:24px; border-width:1px; border-style:solid; border-color:#32302F; background-color:#32302F; padding-left:24px; padding-right:24px; padding-top:14px; padding-bottom:14px; font-weight:500; font-size:16px; line-height:1; color:#FCFCFC"><span style="">Open a Cash account</span> </a></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td align="center"><table class="sm-w-full" cellpadding="0" cellspacing="0" role="presentation" style="margin-left:auto; margin-right:auto; width:600px"><tbody><tr><td valign="top" align="center"><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td align="center"><table cellpadding="0" cellspacing="0" role="presentation" style="width:90%"><tbody><tr><td valign="top" align="left" class="xs-text-sm sm-text-2sm dark-text-offWhite " style="padding-bottom:32px; color:#32302F; letter-spacing:-0.005em; font-weight:400; font-size:20px"><strong style="">You can earn 4% interest on Wealthsimple Cash</strong>. Not to brag, but that’s more than 2.5x the average offered by the big banks,* plus it ticks even more boxes than a regular chequing account. With great features like: </td></tr></tbody></table></td></tr></tbody></table><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td align="center"><table cellpadding="0" cellspacing="0" role="presentation" style="width:90%"><tbody><tr><td valign="top" align="left" class="xs-text-sm sm-text-2sm dark-text-offWhite " style="padding-bottom:8px; color:#32302F; letter-spacing:-0.005em; font-weight:400; font-size:20px"><ul style=""><li style="margin-bottom:24px">No minimums, no monthly fees, no <a href="#" style="color:#32302F; text-decoration:underline; text-underline-position:from-font">FX fees</a>, and no added <a href="#" style="color:#32302F; text-decoration:underline; text-underline-position:from-font">ATM fees</a> </li><li style="margin-bottom:24px">Free unlimited <a href="#" style="color:#32302F; text-decoration:underline; text-underline-position:from-font"><em style="">Interac</em> e-Transfers</a>® and <a href="#" style="color:#32302F; text-decoration:underline; text-underline-position:from-font">bill payments</a> </li><li style="margin-bottom:24px"><a href="#" style="color:#32302F; text-decoration:underline; text-underline-position:from-font">1% back</a> in cash, stocks, or crypto on pretty much any purchase </li><li style="margin-bottom:24px">Get paid a day earlier when you <a href="#" style="color:#32302F; text-decoration:underline; text-underline-position:from-font">direct deposit</a> </li><li style="margin-bottom:24px">Up to $300,000 in CDIC coverage on <a href="#" style="color:#32302F; text-decoration:underline; text-underline-position:from-font">eligible deposits</a> </li></ul></td></tr></tbody></table></td></tr></tbody></table><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td align="center"><table cellpadding="0" cellspacing="0" role="presentation" style="width:90%"><tbody><tr><td valign="top" align="left" class="xs-text-sm sm-text-2sm dark-text-offWhite " style="padding-bottom:32px; color:#32302F; letter-spacing:-0.005em; font-weight:400; font-size:20px">This isn't a limited-time promotion, either. Just our everyday, very good interest rate on your cash. Did we mention there were no fees? </td></tr></tbody></table></td></tr></tbody></table><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td valign="top" align="center"><table cellpadding="0" cellspacing="0" role="presentation"><tbody><tr><td valign="top" align="center" style="padding-bottom:32px"><a href="#" style="min-width:180px; text-decoration:none; display:inline-block; border-radius:24px; border-width:1px; border-style:solid; border-color:#32302F; padding-left:24px; padding-right:24px; padding-top:14px; padding-bottom:14px; font-weight:500; font-size:16px; line-height:1; color:#32302F"><span>Open a Cash account</span> </a></td></tr></tbody></table></td></tr></tbody></table><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td align="center" class="sm-pb-12" style="padding-bottom:64px"><table cellpadding="0" cellspacing="0" role="presentation" style="width:90%"><tbody><tr><td valign="top" align="center" class="dark-bg-sky-20" style="border-radius:16px; background-color:#E9F2F9; padding:30px"><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td align="left"><h3 class="dark-text-offWhite" style="margin:0; letter-spacing:-0.0075em; font-weight:600; font-family:FuturaPT,Helvetica Neue,sans-serif; color:#32302F; margin-bottom:16px; text-align:left; font-size:24px; line-height:1.25">How long will this 4% interest rate last?</h3><p class="xs-text-2xs dark-text-offWhite" style="margin:0; color:#32302F; letter-spacing:-0.005em; font-weight:400; text-align:left; font-size:18px">Unlike some high-interest offers on savings accounts you might see out there, ours doesn’t end after a limited promotional period. There’s always a chance the Bank of Canada makes a move and we follow suit, but that’s true for all financial institutions. Learn more <a href="#" style="color:#32302F; text-decoration:underline; text-underline-position:from-font">here</a>.</p></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table><table cellpadding="0" cellspacing="0" role="presentation" style="width:100%"><tbody><tr><td align="center"><table cellpadding="0" cellspacing="0" role="presentation" style="width:90%"><tbody><tr><td valign="top" class="sm-pb-7_5" style="padding-bottom:40px; font-size:12px; line-height:1.25"><hr class="dark-bg-slate-40 sm-mt-8 xs-mt-4" style="margin:0; border:0; margin-top:32px; margin-bottom:16px; height:1px; border-width:0px; background-color:#E4E2E1"><table class="dark-text-slate-70" cellpadding="0" cellspacing="0" role="presentation" style="width:100%; color:#32302F"><tbody><tr><td valign="top" class="xs-table-footer-group" style="width:50%"><div class="xs-pt-4 autolink-hide">Wealthsimple,<br>80 Spadina Ave Suite 400<br>Toronto, ON, M5V 2J4 </div><div style="padding-top:8px"><a href="#" target="_blank" class="dark-text-slate-70" style="text-underline-position:from-font; 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display:inline; border-width:0px; vertical-align:middle"> </a><a href="#" target="_blank" style="color:currentColor; color:#32302F; text-underline-position:from-font; text-decoration-line:none"><img src="https://braze-images.com/appboy/communication/assets/image_assets/images/62855c99c3a1c105b93e5f86/original.png?1652907161" width="16" alt="LinkedIn" class="dark-inline" style="border:0; display:none; border-width:0px; vertical-align:middle"> </a></td></tr></tbody></table></td></tr></tbody></table><hr class="dark-bg-slate-40" style="margin:0; border:0; margin-top:20px; margin-bottom:12px; height:1px; border-width:0px; background-color:#E4E2E1"><p class="dark-text-slate-60" style="margin:0; margin-bottom:1em; letter-spacing:-0.005em; font-weight:400; font-size:10px; color:#615E5C">Replies to this email address are not monitored.<br>Have questions? Visit our <a href="#" class="dark-text-slate-60" style="text-underline-position:from-font; color:#615E5C; text-decoration-line:underline">Help Centre</a> or submit a request to our <a href="#" class="dark-text-slate-60" style="text-underline-position:from-font; color:#615E5C; text-decoration-line:underline">Client Support</a> team. </p><p class="dark-text-slate-60" style="margin:0; margin-bottom:1em; letter-spacing:-0.005em; font-weight:400; font-size:10px; color:#615E5C; text-underline-position:from-font">*Data collected as of August 14, 2023. Average includes baseline interest rate for high interest savings accounts paying >0.1% interest at Canada’s 5 largest banks. Excludes limited-time offers, accounts with deposit limits, and private banking or investment management affiliates.</p><p class="dark-text-slate-60" style="margin:0; margin-bottom:1em; letter-spacing:-0.005em; font-weight:400; font-size:10px; color:#615E5C">Our Cash product is offered by Wealthsimple Investments Inc. (“WSII”), a member of the Investment Industry Regulatory Organization of Canada, and Wealthsimple Payments Inc., a FINTRAC registered money services business. The funds you add to a Cash account (the “Funds”) are ultimately held securely in trust with a single or multiple members of the <a href="#" target="_blank" style="color:#6c6c6c; text-decoration:underline">Canada Deposit Insurance Corporation</a> (“CDIC”). CDIC protects eligible deposits held at CDIC member institutions in case of a member institution’s failure. Wealthsimple Payments Inc. and WSII are not CDIC member institutions. Under the trust framework, CDIC insures eligible cash balances up to $100,000 per beneficiary, per member institution, provided certain disclosure rules are met. Coverage is free and automatic. <a href="#" target="_blank" style="color:#6c6c6c; text-decoration:underline">Learn more</a> about how CDIC protection works. Funds must be spread across at least 3 CDIC member institutions in order for up to $300,000 in deposits to benefit from applicable CDIC coverage. The advertised interest rate for the Cash Account is derived from interest earned by Wealthsimple on the funds. The rates are annualized rates, calculated daily, and paid monthly. Subject to change. For more information <a href="#" target="_blank" style="color:#6c6c6c; text-decoration:underline">see here</a>. The Funds are settled with any CDIC member(s) one business day following the date that Funds are reflected in the Account.</p><p class="dark-text-slate-60" style="margin:0; margin-bottom:1em; letter-spacing:-0.005em; font-weight:400; font-size:10px; color:#615E5C">Cash back only applies to Qualified Spend transactions. <a href="#" target="_blank" style="color:#6c6c6c; text-decoration:underline">Terms and conditions apply.</a><br><br><i>Interac</i> e-Transfer® is a registered trade-mark of Interac Corp. Used under license.<br><br>The Wealthsimple Mastercard® Prepaid card is issued by KOHO Financial Inc. pursuant to license by Mastercard International Incorporated. All terms applicable to the Cash Card and all applicable fees and transaction limits with respect to the Cash Card and the services may be found in the Wealthsimple Cash Mastercard® Prepaid Card Cardholder Agreement between you and KOHO Financial Inc.. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.</p><p class="dark-text-slate-60" style="margin:0; letter-spacing:-0.005em; font-weight:400; font-size:10px; color:#615E5C">© 2023 Wealthsimple Technologies Inc.</p></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></div></body></html>

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