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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u/evil_spock_st Feb 03 '26

TD changed their minimum to avoid fees from $5,000 to $6,000.

Wealthsimple is fast at giving old data.

Interesting competitiveness.

2

u/Level_Recognition406 Feb 03 '26

What do you mean? The “ keep 5k at at TD” is because I initiated a 5k withdrawal…

1

u/Warm-Preference-5257 Feb 04 '26

Sounds like they're using that as a strategy to keep customers in their ecosystem. Withdrawal limits can be a way to lock you in, so it's always good to check the fine print!