Wealthsimple Referral Bonus (2026): How to Get the $25

Get Your $25 Wealthsimple Referral Bonus in 2026

Wealthsimple is offering a $25 cash bonus for new users who sign up using a referral link and fund their account. It's free money to kickstart your investing journey.

This page explains exactly how to claim your bonus, what the requirements are, and answers common questions about the Wealthsimple referral program.

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Disclosure: This page contains a referral link. When you sign up using our link and meet the bonus requirements, both you and the referrer receive $25. This helps support JustBuyXEQT.com at no extra cost to you. We only recommend Wealthsimple because we genuinely believe it's the best platform for Canadian investors.

TL;DR: How to Get Your $25

  • Step 1: Sign up using a referral link
  • Step 2: Complete account verification (takes ~5 minutes)
  • Step 3: Deposit at least $1 into any account (TFSA, RRSP, FHSA, or Personal)
  • Bonus arrives: Within a few business days of your first deposit
  • No catch: You can withdraw everything anytime—there's no holding period

Step-by-Step: How to Claim Your $25 Bonus

  1. Click the Referral Link
    Use this referral link to start the sign-up process. The referral must be tracked from the beginning—you can't add a referral code after creating an account.
  2. Create Your Account
    Enter your email and create a password. You'll need to provide basic personal information including your name, address, date of birth, and SIN (required for tax-advantaged accounts like TFSA and RRSP).
  3. Verify Your Identity
    Wealthsimple uses quick photo ID verification. Have your driver's license or passport ready. This typically takes 2-3 minutes and is approved almost instantly.
  4. Choose Your Account Type
    Select the account that fits your goals:
    • TFSA – Tax-free growth, most popular choice
    • RRSP – Tax-deductible contributions for retirement
    • FHSA – Double tax benefits for first-time home buyers
    • Personal – Non-registered, flexible investing
  5. Deposit At Least $1
    Link your bank account and make a deposit. The minimum to qualify for the bonus is just $1, but you can deposit more if you're ready to start investing. Instant deposits up to $5,000 are available immediately.
  6. Receive Your $25 Bonus
    Your bonus will appear in your account within a few business days of your first deposit clearing. The $25 is deposited as cash and you can invest it however you like—we recommend XEQT.

That's it! The entire process takes about 5 minutes.

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Eligibility Requirements

To qualify for the $25 Wealthsimple referral bonus, you must:

  • Be a new Wealthsimple user – You cannot have an existing Wealthsimple Trade, Invest, or Cash account
  • Use a valid referral link – The referral must be tracked when you create your account (you can't add it later)
  • Be a Canadian resident – The referral program is only available to Canadian residents
  • Be at least 18 years old – Or the age of majority in your province
  • Deposit at least $1 – The minimum qualifying deposit is just $1

Important: You must use the referral link BEFORE creating your account. If you create an account first and then try to apply a referral code, it won't work. The referral tracking happens at sign-up.

Where Does the Bonus Appear?

After you make your qualifying deposit, the $25 bonus will be deposited directly into your Wealthsimple account as cash. Here’s what to expect:

Pro tip: Use your $25 bonus to buy XEQT. At ~$30 per share, your bonus gets you almost a full share of a globally diversified ETF with over 12,000 stocks. It's the perfect way to start your investing journey.

Why Wealthsimple?

The referral bonus is a great way to get started, but Wealthsimple is worth using even without it. Here’s why millions of Canadians choose Wealthsimple:

$0 Commissions

Buy and sell stocks and ETFs without paying any trading fees. Every dollar goes to your investments.

No Minimums

Start investing with as little as $1. Fractional shares mean you can buy any amount of any stock or ETF.

All Account Types

TFSA, RRSP, FHSA, Personal, Joint—open any account type in minutes, all in one app.

Instant Deposits

Deposit up to $5,000 instantly and start investing right away. No waiting for transfers to clear.

Auto-Invest

Set up automatic deposits and recurring investments. Build wealth on autopilot.

CIPF Protected

Your investments are protected up to $1 million by the Canadian Investor Protection Fund.

Learn more about why Wealthsimple is the best platform for XEQT or see how it compares to other brokers.

Frequently Asked Questions

I forgot to use a referral link. Can I still get the bonus?

Unfortunately, no. The referral link must be used when you create your account—it can't be added afterwards. If you've already created an account without a referral link, you won't be able to claim the bonus. However, you can refer others once your account is set up and earn $25 for each person who signs up using your link.

How long does it take to get the $25 bonus?

The bonus typically arrives within 1-3 business days after your first deposit clears. If you used an instant deposit, it should arrive within a few days. If your bank transfer takes longer to clear, the bonus will come after that.

Is there a minimum deposit to get the bonus?

Yes, but it's just $1. You need to deposit at least $1 to qualify for the referral bonus. There's no maximum—you can deposit as much as you want.

Do I have to keep the money in my account for a certain time?

No. There's no holding period or lock-up requirement. Once you receive the bonus, you can withdraw everything if you want. However, we recommend keeping it invested for long-term growth.

Can I get the bonus for both Wealthsimple Trade and Invest?

No. The referral bonus is a one-time offer per person, regardless of which Wealthsimple product you sign up for. You can only claim it once.

Is the $25 bonus taxable?

The referral bonus is generally not considered taxable income in Canada. However, any investment gains you make with that $25 would be subject to the normal tax rules for your account type (tax-free in TFSA/FHSA, taxable in Personal accounts).

Can I use the bonus to buy any stock or ETF?

Yes. The $25 is deposited as cash that you can use to buy any investment available on Wealthsimple—Canadian stocks, US stocks, ETFs, crypto, or anything else they offer.

What if my referral bonus doesn't appear?

If you've met all the requirements and your bonus hasn't appeared after 5 business days, contact Wealthsimple support through the app. Make sure you used the referral link before creating your account and made a qualifying deposit.

Can I refer friends after I sign up?

Yes! Once your account is set up, you'll get your own referral link. Share it with friends and family, and you'll both get $25 when they sign up and fund their account. There's no limit to how many people you can refer.

Is this referral offer available in 2026?

Yes. As of 2026, Wealthsimple continues to offer the $25 referral bonus. The offer has been available for several years and remains one of the best sign-up bonuses for Canadian investors.

What Should You Invest Your $25 In?

Once your bonus arrives, we recommend investing it in XEQT—a single ETF that gives you instant exposure to over 12,000 stocks worldwide.

Why XEQT? It's globally diversified (Canada, US, international, emerging markets), automatically rebalanced, and costs just 0.20% per year. One purchase, set and forget. Learn more about why we recommend XEQT.

Combined with Wealthsimple’s commission-free trading, XEQT is the most cost-effective way to start building long-term wealth. Your $25 bonus can grow into thousands over time through the power of compound returns.

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