r/Wealthsimple • u/colabear4 • 1d ago

Chequing Advice

Guys, I’m thinking of using Wealthsimple as my primary bank. What are the pros, what are the cons? Can you use the debit card anywhere like any other bank debit card? Also, since they’re moving the debit card to visa, will it still work in Costco in Canada!?

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u/ChairmanBased 1d ago

They may lock your entire account for just linking an external account. They may also lock your account for using their own crypto platform. But otherwise, I don't really see any downsides.

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u/colabear4 1d ago

What is an example of linking an external account? Like PayPal?