u/Adventurous-Fly7776 — reddlx

Should I go with EQ or Wealthsimple for business chequing? I am asking in this sub because the people in the wealthsimple sub are very biased.

What I need:

little to no fees
requires no minimum balance
10 or more e-transfers per month
reliable bill payments
And lets me pay CRA without incurring any extra fees

Between the two I can't decide because EQ bank offers higher interest on account balance but wealthsimple offers greater features such as receiving/sending wire transfers and having a prepaid card that earns 1% cash back with ATM fee reimbursement anywhere in the world. Also EQ is an actual bank whereas wealthsimple is a fintech