Wealthsimple: Earn 4% interest on chequing when you deposit $50K

How does the interest boost work? For every $50,000 you deposit at Wealthsimple during the funding window, you earn one month of a boosted interest rate on your chequing account - up to a maximum of 6 months (or $300,000 in deposits). Once you qualify, we apply your boosted rate to your existing balances too, up to $300,000.