What is the current Wealthsimple Cash Account interest rate?

The current rate is 2.25% as of May 13, 2026.

Wealthsimple › Cash Account

Wealthsimple Cash Account Review and Current Rate

Current Rate

2.25%

Verified from source on May 13, 2026

Min. Balance

Monthly Fee

None

Product Type

HISA

CDIC

CDIC*

Open Account at Wealthsimple View all Wealthsimple rates

How to open a Wealthsimple Cash Account

Click "Open Account" above to visit Wealthsimple's website.
Complete the online application (typically 5–10 minutes). You will need your SIN and government-issued ID.
Fund your account via e-Transfer or EFT from your existing bank.
Start earning interest daily on every dollar in your account.

Frequently Asked Questions

What is the current Wealthsimple Cash Account rate?

2.25% as of May 13, 2026. This is the publicly advertised rate scraped directly from Wealthsimple's website.

Is Wealthsimple CDIC insured?

Wealthsimple is not a direct CDIC member. Cash deposits are held at a network of Canadian Schedule I banks that are CDIC members. Wealthsimple itself is not a CDIC member.