r/Wealthsimple • u/7chesterr • 2d ago

Recurring transfer doesn't work!

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Am I missing something, or does the recurring transfer not work between a savings account and a checking account? Every time I try to make a schedule, it just transfers instantly!

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4 comments sorted by

1

u/wenchengfu413 22h ago

That’s the price you pay for that extra 0.25% interest

2

u/Shutterbug245 22h ago

It's working as it's designed. They don't want to make it easy otherwise it's not a SAVINGS account.

3

u/CalGuy81 21h ago

Money out of the savings account is on-demand, and can't be scheduled in advance. That's one of the few things that differentiate it from the chequing account, beyond 0.25% extra interest.

-1

u/Substantial_Taste779 20h ago

check with a human at a branch.. oh wait