Wealthsimple Referral Code 2026: Get $25 for Both of You
Wealthsimple's referral program pays $25 to both sides on a $100 deposit, and referrers can earn more when the friend funds a large account. Here's exactly how it works.
Last checked: September 2026
A lower barrier to investing
Wealthsimple is one of Canada's largest fintech platforms, offering commission-free stock and ETF trading, a robo-advisor, a chequing account, and crypto trading, all starting with as little as $1 to open an account, a meaningfully lower barrier than Questrade's $1,000 minimum.
How the referral reward works
- You get $25 cash for each friend who opens a new account through your referral link.
- Your friend also gets $25 cash for signing up through your link.
- The deposit must be at least $100 from outside the Wealthsimple ecosystem (peer-to-peer transfers and Wealthsimple-issued bonuses don't count) within 30 days of signing up.
The Referral Ladder: how referrers can earn more
Wealthsimple's referral promotion took effect on June 8, 2026 (its terms page was last updated July 9, 2026). Both you and your friend get the $25 base bonus. Only the referrer can earn more, and the extra scales with how much your friend funds (net funding):
| Friend's net funding | Referrer's total bonus |
|---|---|
| $100 to $49,999 | $25 |
| $50,000 to $99,999 | $100 |
| $100,000 to $499,999 | $500 |
| $500,000 to $999,999 | $1,000 |
| $1,000,000 or more | $2,000 |
Wealthsimple states no end date for this promotion, but its terms allow it to be changed or withdrawn at any time. Transfers between Wealthsimple accounts do not count, so the deposit must come from an outside institution. Always confirm the current terms on Wealthsimple's official promotion page before you rely on the numbers.
How to claim it
- Use a referral link when opening your Wealthsimple account.
- Complete account setup.
- Deposit at least $100 from an external source within 30 days.
- Both $25 bonuses are typically deposited within about 24 hours of the funding requirement being met.
Frequently asked questions
How much does the referral bonus pay?
$25 to both you and your friend, once they deposit at least $100 from outside Wealthsimple within 30 days. Referrers can earn more through the Referral Ladder on large deposits.
Does Wealthsimple still have a tiered referral bonus?
Yes. Since June 8, 2026, referrers can earn up to $2,000 on very large referred deposits through the Referral Ladder, while both sides get the $25 base bonus. Check Wealthsimple's official terms for the current tiers.
Ready to claim it?
Open an account with as little as $1 and deposit $100+ to unlock the bonus for both of you.
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