Wealthsimple logo

Best Budget App for
Wealthsimple

Connect Wealthsimple Cash and your TFSA, RRSP and FHSA balances to Waypoint Budget, and budget the everyday spending alongside the long-term saving. Wealthsimple is the most-connected fintech on Waypoint Budget.

Get Started Free

No credit card · Free plan forever · Read-only connection

Connection

Plaid

Waypoint Budget connects to Wealthsimple through Plaid for the most stable sync.

Account types

5 supported

Cash · TFSA · RRSP · FHSA

Access level

Read-only

Waypoint Budget can see transactions but can never move money in or out of Wealthsimple.

Built around how you use Wealthsimple

Waypoint Budget is a full budgeting app, not a spending chart bolted onto your banking app.

Automatic transaction sync

Every Wealthsimple transaction lands in Waypoint Budget within minutes, categorized and ready to review.

Smart category rules

Recurring Wealthsimple merchants learn your categories once and stay sorted forever.

Real budget tracking

See exactly how much of your Wealthsimple spending fits each category. No spreadsheets.

Smart Money Coach

Ask questions about your Wealthsimple spending and get answers in plain English.

Household sharing

If your partner also banks with Wealthsimple, share your budget without sharing logins.

Net worth and goals

Track Wealthsimple balances over time and set savings goals that move.

Connect Wealthsimple in under a minute

1

Create your free Waypoint Budget account

No credit card. Sign up with email, Apple, or Google.

2

Search for "Wealthsimple" and authorize

Waypoint Budget routes you through Plaid, the same secure bank-data provider used by major fintechs. You log in with your Wealthsimple credentials. Waypoint Budget never sees them.

3

Pick the accounts you want to budget

Bring in any of your Cash, TFSA, RRSP accounts. Skip the ones you don't want tracked.

4

Watch your budget build itself

Transactions auto-categorize. Spending shows up against your budget. Done.

Your Wealthsimple login stays at Wealthsimple

Waypoint Budget uses bank-grade connections through Plaid, the same providers behind apps like Wealthsimple, KOHO, and SoFi. Your credentials are never stored by Waypoint Budget, and the connection is read-only.

Read-only access
256-bit encryption
SOC 2 providers
Disconnect anytime

FAQs about Wealthsimple + Waypoint Budget

Does Waypoint Budget sync with Wealthsimple?
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Wealthsimple connects to Waypoint Budget through Plaid. One thing to expect: Wealthsimple asks you to re-approve the connection about every 30 days. That is Wealthsimple policy for every app, not a fault in the connection, and Waypoint Budget shows a Reconnect button when it is time. You sign in once, accept the connection, and your transactions begin syncing. No CSV imports, no manual entry.
Which Wealthsimple account types are supported?
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Waypoint Budget supports Cash, TFSA, RRSP, FHSA, Non-Registered from Wealthsimple. If you have multiple accounts, you choose which ones to bring in during setup.
Is connecting Wealthsimple to Waypoint Budget safe?
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Yes. Waypoint Budget never sees or stores your Wealthsimple login. The connection goes through Plaid, the same bank-data providers used by major fintechs, and is read-only. We can never move money.
How much does it cost to connect Wealthsimple?
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Waypoint Budget's free plan covers manual entry, CSV and PDF statement import, receipt scanning and every budgeting feature, and it stays free. Automatic Wealthsimple sync is on Waypoint Plus (CA$7.99/mo, 1 bank connection) and Waypoint Pro (CA$12.99/mo, 5 bank connections, plus net worth and household budgeting). Paid plans start with a free trial.
What if my Wealthsimple connection ever breaks?
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Waypoint Budget will surface the issue inside the app and walk you through a one-tap reconnect. You stay in control. Your data stays put while the connection is being restored.

Other Canadian banks supported in Waypoint Budget

Connect more than one to see your full picture.

KOHO logoKOHONeo Financial logoNeoTD Canada Trust logoTDRBC Royal Bank logoRBCBMO Bank of Montreal logoBMOScotiabank logoScotia

Start budgeting your Wealthsimple accounts today

Free plan forever. No credit card. Your Wealthsimple accounts connect in under a minute on Waypoint Plus or Pro.

Get Started Free

4.6/5 on Trustpilot