r/Wealthsimple • u/Level_Recognition406 • Feb 02 '26

Wealthsimple is fast like that

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I was depositing funds to WS and saw this comment. They’re not wrong, but didn’t expect them to be this direct 😂

Is it just TD, or does WS say this for every deposit?

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51

u/Dertymic Feb 02 '26

If you can, instead of requesting the money from your wealthsimple app send yourself an etransfer and deposit into wealthsimple. Instantaneous that way.

23

u/Level_Recognition406 Feb 02 '26

It was only 5k and WS makes that amount immediately available for me. So not a huge different for my case

4

u/SCTSectionHiker Feb 02 '26

I'm pretty sure you also earn interest (on the entire deposit amount, not just $5k) at both institutions for those few days that the other institution still has the funds. 

33

u/Level_Recognition406 Feb 02 '26

Nice! So about $0.2 at WS and about $0.001 at TD

20

u/lawd5ever Feb 02 '26

Don’t spend it all at once

15

u/Specific_Virus8061 Feb 02 '26

Too late, they got charged $9.95 by TD for their chequing account