this post was submitted on 23 Oct 2023
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Is wealthsimple better than EQ bank? (lemmy.pe1uca.dev)
submitted 11 months ago by pe1uca@lemmy.pe1uca.dev to c/personalfinancecanada@lemmy.ca
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I've seen a lot of people mentioning EQ bank to have the emergency save since it offers 2.5% interest.

Just recently knew about wealthsimple with 4% https://www.wealthsimple.com/en-ca/spend

So I'm wondering if you guys know any drawback on saving in wealthsimple instead of EQ.

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[–] zhenbo_endle@lemmy.ca 1 points 11 months ago

Setting up a joint account is super easy at EQ. It made me a bit lazy to move my emergency saving from EQ to WS