Wealth simple Referral program explained
Relevant Material: "
Refer someone new. Get free money.
Invite a friend to Wealthsimple and you’ll both get $25 when they fund their account. Plus, if you’re a super referrer, you can boost your reward even further...
Here’s how it works
1. You share your link
Invite new folks by sending them your unique referral link.
2. They fund their account
Your invitee opens a new account and funds it within 30 days.
3. Both of you get a bit richer
Once their funds land, you’ll both get $25. Or, if you’re a super referrer (brownie points for you), you’ll get even more!
If you’re already referring lots of people to Wealthsimple, you might be one of our super referrers. If you like the sound of turning your online clout into extra cash, let us know." (Wealthsimple referral program | Invite a friend)
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Relevant Material: "Wealthsimple often runs promotions, especially referral bonuses, where you and a friend can get $25 (or sometimes more, like $75) for signing up and funding an account, usually requiring at least $1 to $25,000+ depending on the specific offer, with conditions like funding within a certain time and maintaining funds for a period. Look for unique referral links from existing users or check your app for personalized deals like the 2025 Apple Promo or Credit Card Cash Back Boost, which offer significant rewards for funding larger amounts, notes iPhone in Canada and Wealthsimple Promotions.
- Get a Link: Find someone with a Wealthsimple account and ask for their unique referral link.
- Sign Up: Use that link to create your own Wealthsimple account (Self-directed Investing, Managed Investing, Crypto, or Chequing).
- Fund Your Account: Deposit at least $1 (or meet the specific minimum for current promotions).
- Get Your Bonus: Both you (the new user/referee) and your friend (the referrer) receive a $25 cash bonus.
- Super Referrals: Referrers can earn extra bonuses (e.g., $75) for each successful referral, notes Wealthsimple.
- Large Deposit Offers: Promotions like the "2025 Apple Promotion" or "Credit Card Cash Back Boost" offer rewards (like Apple products or cash) for transferring significant amounts, often $25,000 or more, into Wealthsimple.
- Eligibility: Must be a Canadian resident, of the age of majority, and have accounts in good standing.
- Funding: Bonuses usually require funding from another Canadian institution; internal transfers don't count.
- Time Limits: You typically have 30 days to fund your account after signing up for a referral.
- Tax Implications: Bonuses are considered taxable income and reported to the CRA.
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- Referral Code: Hey! Join me on Wealth simple and get $25 when you fund any account with my referral link or code LLV6BG (https://wealthsimple.com/invite/LLV6BG)
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