Wealthsimple Save

A smarter way to save

A low-risk investment for your savings goals

Weathsimple Save is a great place to keep extra cash for your next financial goal.

Reach your next goal

Start saving for your next big milestone — a down payment, a big purchase, or even your dream vacation. With Wealthsimple Save your money is invested in a low-risk investment portfolio of ETFs designed for the short-term.

Your financial picture in one place

Wealthsimple Save pairs perfectly with your long-term Wealthsimple Invest accounts on our award-winning website and mobile app.

No extra fees or penalties, ever.

  • Unlimited free transactions: Never pay fees for transfers or withdrawals

  • No account minimum: Start with as little as $1

  • No low balance fees: No penalties ever

Automatically save your spare change

Make a purchase and we'll automatically roundup and put the change to work in your Wealthsimple Save account.
  • Over 175k and counting - More than 175,000 people trust Wealthsimple to manage their money

  • Everything is encrypted - We use state-of-the-art data encryption when handling your financial information and two-factor authentication (2FA) protection

  • Insurance and protection - All of our accounts are protected by the Securities Investor Protection Corp up to $500k in the case of our insolvency

  • Powerful backing - Wealthsimple is backed by $200M in investment from some of the world's largest financial institutions

We keep your money safe

Your security and trust are important to us. We're committed to protecting your account with the highest standards of security available.

Benefits and pricing


Get started in 5 minutes

  • Set up your account
  • Make a deposit
  • Start saving

By clicking "Get started", you agree to Wealthsimple's Terms of Use and Privacy Policy.


Yes, and we won't charge you for any withdrawals. It can take up to 3 business days to withdraw your Wealthsimple Save contributions. We're constantly working on improving the speed of withdraws so you can have access to your money faster.

Wealthsimple Save accounts are covered by SIPC insurance up to $500,000 with principal and returns combined.

When you invest with Wealthsimple your assets are held in custody with our brokerage partners at Apex Clearing Corporation, a clearing services firm. Apex is a member of the Securities Investor Protection Corp (SIPC), which is the non-profit organization that protects the customers of brokers or dealers from loss in case of financial failure of the broker or dealer.

SIPC insures investments up to $500,000 in securities for each type of account you hold with Wealthsimple in case of any failure or default by our brokerage partner. Your investments with Wealthsimple Save will be protected up to $500,000, and you will also have access to additional coverage beyond that if required.

Not yet. Right now, you can use a Wealthsimple Save portfolio in a personal account.

Wealthsimple Save deposits don't count toward assets managed free because you are charged a different fee than your investment accounts. Deposits to Wealthsimple Save do count toward Wealthsimple Black status. You can learn more about how to qualify for Wealthsimple Black here.

The Wealthsimple Save portfolio is designed offer a modest yield to help preserve the real value of savings. But, like any investment, you may experience a loss. Any historical returns, expected returns, or probability projections may not reflect actual future performance.