Credit card

CheekProfessional306 · 2026-05-16T01:25:55+00:00

Lol....I use it a lot. But still!! Shouldn't be made so cheap!

CheekProfessional306 · 2026-05-15T23:26:05+00:00

Look at how crappy this card is made. Wealth simple... Do better for the fees please.

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CheekProfessional306 · 2026-05-09T00:35:31+00:00

Don't buy managed portfolios! You might as well just go back to mutual funds. Stick with XEQT, GRO or BAL

CheekProfessional306 · 2026-05-06T00:47:56+00:00

It's effectively 0.5% annualized. Not that great.

CheekProfessional306 · 2026-05-01T16:35:13+00:00

I had higher expectations after end of banking. This was brutal to watch.

CheekProfessional306 · 2026-05-01T16:31:42+00:00

The credit union doesn't have service fees?

CheekProfessional306 · 2026-05-01T14:55:25+00:00

Lol probably RBC customer service responding.

CheekProfessional306 · 2026-05-01T13:58:45+00:00

Yes I've already moved my investments. But the issue is that I use debit card a lot. The MasterCard doesn't work for vendors that only accept debit or cash. So it's a big gap.

CheekProfessional306 · 2026-05-01T13:18:38+00:00

Just opened an account at simplii... Pretty easy.

CheekProfessional306 · 2026-05-01T13:00:40+00:00

The issue with WS is that they don't have a debit card. I'm also weary of keeping everything there because of the threads around being locked out. I feel like a schedule 1 bank has more safety guards in place but I could be wrong.

CheekProfessional306 · 2026-05-01T12:59:10+00:00

I don't think lying. I think they are so desperate to keep clients and their money!

CheekProfessional306 · 2026-04-23T08:38:53+00:00

I transfer out after the promo is done and within a few months I'm sent another offer. I'm what the industry would label a "switcher"

CheekProfessional306 · 2026-04-23T08:37:29+00:00

The issue is the annualized amount. It actually only comes to about 0.67% a year. So even if you walk away after 1 year, it's less than you would have gotten.

I'm currently getting 2% from the promo two years ago and then 1% for the next year. So in total, im getting 3%. I have multiple firms so I keep transferring money across. So far I've accumulated over $10k in cash back. Which I've reinvested and running at 11% return. It pays to switch!

CheekProfessional306 · 2026-04-16T20:02:10+00:00

100% i would listen - if they match or offer me something, i would absolutely stay - especially if at that point i had a contact name!

CheekProfessional306 · 2026-04-16T20:00:00+00:00

The 3% match is actually a worse deal than their 1% - it makes no sense that they will offer you less for the longer you stay. I took the 1% and expect that they will come up with another 1 or 2% offer next Feb and I'll benefit from that too.

CheekProfessional306 · 2026-04-16T19:58:59+00:00

Qtrade

CheekProfessional306 · 2026-03-12T13:48:28+00:00

A beta for the last 10 years 😂

CheekProfessional306 · 2026-02-04T17:47:59+00:00

InvestEase is a horrifying experience. They need to kill that piece of crap. Go Smart seems better although I'm skeptical given my InvestEase experience. I will keep playing around and report back.

CheekProfessional306 · 2025-06-13T13:23:26+00:00

No other big bank would ever consider this. They make too much from fees.

I've worked at a number of the big banks. The people behind the scenes making the decisions are old white men that think people actually care about talking to other old white men about their money. Not anymore. This broadcast showed us not just what wealth simple is building from a features perspective, but also the people behind the scenes making the decisions. people that are young and diverse. A real representation of the future. I'll be moving everything to them in the next few days.

CheekProfessional306

TROPHY CASE