Wealthsimple Cash has increased their interest rates to 4% for regular users and 4.5% for premium users.

Wealthsimple now offers 4% for ALL Cash clients

Previously: 1% for all clients, 3% for direct deposits over $500, 4% for $100,000 net deposits

Now: 4% for all clients, 4.5% for $100,000 net deposits, 5% for $500,000 net deposits