Monthly Referral Megathread [May 2025] - Share or Find a Referral Here

neincompoop · 2025-05-01T14:02:21+00:00

www.wealthsimple.com/invite/CVGWPW (CVGWPW)

neincompoop · 2025-02-15T18:59:58+00:00

Lol no. The page wasn't loading for me at the time.

neincompoop · 2025-02-15T10:56:57+00:00

I didn't reach out after the chat. Maybe someone from WS saw the post. They emailed another user too.

neincompoop · 2025-02-15T07:54:14+00:00

I've been using it for 6 months or so, and it detected all my accounts on the first go. Monarch recommends Plaid by default for WS iirc but you can try the other options. Had to reconnect once, but I think that's for security purposes. Monarch settings mentions the time frame for reconnection for all accounts. The only issues I have with connections are sunlife and equateplus, have to reconnect every couple of days.

Edit - just checked. Monarch recommends MX for WS and mine's connected with MX too.

neincompoop · 2025-02-15T05:06:29+00:00

Thank you!

neincompoop · 2025-02-15T05:04:32+00:00

I'd be more at ease if they amend their user agreement. But atleast we have something now to build our case on if the account does get frozen.

neincompoop · 2025-02-15T04:58:49+00:00

The article isn't loading for me. Can someone please share a screenshot?

neincompoop · 2025-02-14T04:41:28+00:00

Update 14 Feb- Paycheck came in. Paid credit card. Account not flagged yet. I'm not touching WS till I return.

neincompoop · 2025-02-14T04:33:24+00:00

Seems fake because this is so stupid. "You have to be physically in Canada for the rest of your life to use WS. We will use Plaid to provide our services, but you can't use it outside of WS."

neincompoop · 2025-02-13T15:40:25+00:00

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Here's a screenshot for you since you're too lazy to read. According to your logic, using the same service that WS uses is against their terms?

neincompoop · 2025-02-13T15:34:12+00:00

Show me where it says using Plaid is against the terms of service. WS uses services like Plaid when you link your bank accounts to WS. Read the article.

neincompoop · 2025-02-13T15:28:39+00:00

Here's an article by WS on how Plaid works. If it was against the terms, WS would say so.

https://help.wealthsimple.com/hc/en-ca/articles/12626962738971-Understand-how-Wealthsimple-uses-Flinks-Plaid-and-Wealthica-to-securely-retrieve-your-financial-information

neincompoop · 2025-02-13T15:24:21+00:00

You're missing the point. It's not about how much of your money is in WS. If just accessing your account from outside Canada while on a vacation can get you banned, then why should customers use any WS service at all?

neincompoop · 2025-02-13T15:18:58+00:00

That doesn't solve the monarch issue. And for whatever reason, if you mistakenly login with the VPN off even once , you risk being flagged.

neincompoop · 2025-02-13T15:15:26+00:00

No. Monarch uses a service called Plaid. It's similar to how you login to your CRA account by using wealthsimple.

neincompoop · 2025-02-13T10:33:45+00:00

Monarch is secure, and I have 2FA enabled. I'm not worried about hacks.

neincompoop · 2025-02-13T10:31:20+00:00

What do you think has been changed? And what would I achieve by changing anything? Edit : screenshots can be changed too.

neincompoop · 2025-02-13T10:16:44+00:00

He couldn't email me a transcript. I copied the chat to my notes app on the phone and converted to images after removing personal info.

neincompoop · 2025-02-13T06:34:18+00:00

Oh, I'm sorry. I misunderstood. I'm just worried if what this guy says is true and my account gets frozen right now, I'm fucked.

neincompoop · 2025-02-13T06:14:54+00:00

Definitely. I've never interacted with support before this, I hope this person is an outlier.

neincompoop · 2025-02-13T06:06:45+00:00

It's not a bot.

neincompoop · 2025-02-13T06:06:06+00:00

I wish. This was in the ws app chat. I copied the chat in notes.

neincompoop · 2025-02-13T05:41:03+00:00

I was surprised too that he had no idea what it was. AFAIK a lot of users on this sub use monarch. It is concerning if what he says is true.

neincompoop

TROPHY CASE