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WealthSimple

WealthSimple

Don't miss another hot deal. Check back often at CreditDonkey.

$10,000

Get $10,000 Managed for Free for Your First Year

Expired 12/31/2019

Get $10,000 managed for free for one year when you invest with Wealthsimple for the first time.

Compare Pricing

Expired 5/1/2022

Compare Returns

Expired 5/1/2022

Get automatic dividend reinvesting

Expired 5/1/2022

Multiply your money over time with compound interest and automatic dividend reinvesting.

Get automatic rebalancing

Expired 5/1/2022

Get halal investments

Expired 5/1/2022

Wealthsimple offers socially conscious portfolios so you can stay in line with your values.

Manage your money with free app

Expired 5/1/2022

For iPhone and Android.

Start an IRA account in fifteen minutes or less

Expired 5/1/2022

Choose between personal, Traditional IRA, Roth IRA, SEP IRA, joint, trust and savings account for your financial goals.

VIP airline lounge access with Wealthsimple Black

Expired 5/1/2022

Wealthsimple Black members get more than 1,000 airline lounges in over 400 cities.

Acorns

$20 Investment Bonus

  • Open an Acorns account (new users only)
  • Set up the Recurring Investments feature
  • Have your first investment be made successfully via the Recurring Investments feature
Fundrise

Invest in Real Estate with $10+

  • Only $10 minimum investment
  • Get a diversified portfolio of real estate projects across the US
  • Open to all investors
GROUNDFLOOR

Invest in Real Estate with $10

The minimum investment amount is only $10. (Though most transfer $100 for better diversification; subsequent transfers can be for any amount)

  • Short-term real estate investments lasting just 12-18 months
  • Open to non-accredited investors
  • No investor fees

    Highlights

    Annual Fee
    0.5% for accounts up to $100k; 0.4% for accounts over $100k
    Minimum Deposit
    $0
    Phone Support
    Yes - M-Th 9a-8p ET; Fri 9a-5:30p ET
    Live Chat Support
    No
    Email Support
    Yes
    Human Advisors
    Yes
    Assets Under Management
    $2 Billion
    Tax Loss Harvesting
    Available for accounts over $100,000
    Goal Tracker
    No
    Automatic Deposits
    Yes
    Online Platform
    Yes
    iPhone App
    Yes
    Android App
    Yes
    Fractional Shares
    Yes
    Taxable Accounts
    Yes
    401k Plans
    No
    IRA Accounts
    Yes
    Roth IRA Accounts
    Yes
    SEP IRA Accounts
    Yes
    Trust Accounts
    Yes
    529 Plans
    No
 WealthSimple
 Learn MoreLearn More
 

WealthSimple

Betterment

 

Benefits and Features

Savings 
Check
Annual Fee0.5% for accounts up to $100k; 0.4% for accounts over $100k
  • Digital: 0.25% annual fee for accounts with $20,000 or more or with monthly recurring deposits of $250 or more, $4/month for accounts with less than $20,000
  • Premium: 0.65% for accounts $100,000 or more
Minimum Deposit
$0
$0
Checking 
No-Fee Checking
Phone SupportYes - M-Th 9a-8p ET; Fri 9a-5:30p ET
Yes
Live Chat Support
No
No
Email Support
Yes
Yes
Human Advisors
Yes
Yes ($100k minimum)
Robo Advisor
Check
Yes
Assets Under Management
$2 Billion
$50+ Billion
Minimum Investment 
$0
Tax Loss HarvestingAvailable for accounts over $100,000
Yes
Goal Tracker
No
Yes
Automatic Deposits
Yes
Yes
Online Platform
Yes
Yes
iPhone App
Yes
Yes
Android App
Yes
Yes
Banking Offers checking account with a free debit card, and a high-yield cash account
Mobile App 
iOS & Android
Single Stock Diversification 
No
Fractional Shares
Yes
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
Yes
IRA Accounts
Yes
Yes
Roth IRA Accounts
Yes
Yes
SEP IRA Accounts
Yes
Yes
Trust Accounts
Yes
Yes
529 Plans
No
No

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Betterment: Pricing information from published website as of 04/04/2018

Wealthsimple Cash Account

  • No monthly fee
  • No minimum balance requirement
  • Unlimited monthly transactions
  • ATM withdrawal fee depends on ATM provider with Mastercard acceptance
  • 1% cash back on all eligible purchases

WealthSimple Alternatives

eToro
eToro USA LLC and eToro USA Securities Inc.

Deposit $100 and Get $10 from eToro USA LLC

Expires 12/31/2024
For a limited time, you can get $10 when you deposit $100 in your eToro account. Here's how:
  1. Sign up for an eToro account
  2. Deposit $100
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
Fundrise

Invest in Real Estate with $10+

  • Sign up in minutes; no complicated paperwork
  • $10 minimum investment
  • No income requirements
  • Multiple investing plans tailored to your goals
  • Completely passive investment
  • Low 1% annual fee
Seeking Alpha

Discount: $25 Off Seeking Alpha Premium with 7 Day Free Trial

Expires 9/30/2024

Get $25 off and secure your rate today. Users who sign up before October 1st will also lock in a renewal rate of $239, avoiding the full $299 site-wide price.

$214 introductory price is effectively $85 discount from the $299 price.


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About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

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CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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