I accepted the transfer bonus via Wealthsimple. It’s a 3% payment over 24 month term for my account balance, or approx 1.2 free $XEQT shares per month. Questrade has had my TFSA since 2020, and Wealthsimple since 2024. Combining them will make some actions I do a bit easier, but to be honest, it’s the incentive juicing my returns that is the driving force behind this. Questrade can definitely entice me back down the line if they care to. They sill hold 8 of my other accounts. Anyway- you guys may see a flurry of micro trades - that’s me selling off the fractional shares that WS advised I do before the transfer.
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74 Comments
Michael Conroy@conroy119 · 2d
These promos are some of the greatest gifts to DIY investors. Literally free money.
RandomYaapping @randomyaapping · 2d
I moved to TD for the 2% match. I will be back to wealthsimple next year 😄
Clantosa @clantosa · 2d
Isn't this 3% match for an active trader? You need to have a minimum amount of trades and idk what other conditions apply
DM @dmomo · 2d
I know I'm in the minority, but man that's a lot of hassle for 3%
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