(Un)real Deal - spending decreases amount?
I’ve registered for the transfer match to love my brokerage accounts to WS. I already use it as my primary chequing account, receive my paycheque there etc.
However I noticed the promotion tracker is showing significant “withdrawals” decreasing my bonus amount, which seems to just be my spending since I registered. The only activity in my brokerage accounts has been transfers-in.
Does spending in my chequing account really decrease my net transfer amount in my brokerage account? If so, why does my paycheque not increase it, shouldn’t I be roughly flat? If this is the way the net deposit is calculated, it seems it will continue to erode every month as I pay my monthly expenses - or is it just encouraging me to move my banking to another institution to avoid this issue?