Live Markets

BMO Performance Plan vs Wealthsimple Cash

The fee battle. Who steals less of your money?

BMO Performance Plan

Fee Schedule Analysis

GREED SCORE: 78/100
Monthly Cost
16.95
Wire Fee
50.00
Overdraft Risk
5.00
WINNER

Wealthsimple Cash

Fee Schedule Analysis

GREED SCORE: 3/100
Monthly Cost
0.00
Wire Fee
0.00
Overdraft Risk
0.00

The Verdict

Wealthsimple Cash is the statistically superior choice. By switching from BMO Performance Plan, you could save approximately $203.40 per year in maintenance fees alone, not counting the risk of wire transfer fees.