Wealthsimple Business Chequing Account
Monthly Fee
$0
Account Overview
Wealthsimple Business Chequing Account has no monthly fee. Your balance earns 1.25% to 2.25% depending on your total assets with Wealthsimple (2.25% from $500,000). The account is reserved for Canadian-controlled private corporations (CCPCs) and charities or associations registered with the CRA.
Pros & Cons
Pros
- No monthly fee
- Competitive interest rate (Up to 2.25%)
Cons
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Account Features
- Regular RateUp to 2.25%Maximum from $500,000 in qualifying total Wealthsimple assets; starting rate of 1.25% below $100,000. For eligible businesses and organizations.Rate as of · Checked · Institution source
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