cheerytext1981@lemmy.catoPersonal Finance Canada@lemmy.ca•Who would you recommend opening a bank account with in 2024?
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7 months agoWealthsimple Cash covers most of what one might be looking for in a chequing account.
- 4.5% interest if you deposit your paycheque into it. 3% otherwise I think? It’s quite high
- you can send e-transfers from a Cash account, or you send money using WS Cash to other Cash users. Both workflows are easy
The Cash card also has 0.5% cash back on purchases IIRC and is essentially a prepaid credit card / debit card. I love WS Cash, the only reason I don’t use it more often is that I have an Amex.
Sounds like it would save a ton of money on a project that the city is already heavily invested in, while allowing a developer to stop pretending to half-play landlord. Why is the developer even the landlord now? This seems so weird