Best place where you keep emergency funds?

Banking

Hi everyone,

I’m looking for some advice on the best place to keep my emergency funds.

Right now, I have $10,000 sitting in a Wealthsimple Cash account. I’m considering moving it to their USD cash account, which offers 4% interest, and I was wondering if that would be a good idea.

Would love to hear your thoughts or if there are other alternatives I should consider.

Thanks in advance!

Posted May 5, 2025, 12:38 AM UTC

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