I’ve seen a lot of people mentioning EQ bank to have the emergency save since it offers 2.5% interest.
Just recently knew about wealthsimple with 4% https://www.wealthsimple.com/en-ca/spend
So I’m wondering if you guys know any drawback on saving in wealthsimple instead of EQ.
Depends how much you have with them. >$100k gets priority support I believe.
And I moved away from EQ half because of their plummeting savings rates, and half because of their abysmal support and trash app/website. Even with <$100k, Wealthsimple support is better in my experience.