Wealthsimple Referral Code 2023: $175 & Free Stock Promotion

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Looking to sign up for any of Wealthsimple products in 2022 and want a referral code or link to get a cash bonus? Then this post about Wealthsimple referral code is for you.

When you sign up with Wealthsimple Invest referral code “WALLETBLISS” or link, you get up to $200 promo bonus. $25 cash bonus when you deposit at least $500 and $150 transfer fee rebate for a minimum of $5,000.

In this post, we’ll cover the different Wealthsimple promotions for its various products and show you how to get cash bonuses when you sign up using our Wealthsimple referral links for up to $175 in cash or the cash equivalent of 2 free stocks.

Let’s begin…

Wealthsimple Invest Referral Code – Up to $175

Get up to $175 when you sign up for Wealthsimple Invest using this referral link – The referral code “WALLETBLISS” or promo code is automatically applied.

New clients receive a cash bonus and transfer fee rebate when they move their account from another financial institution.

  • Cash Bonus: $25
  • Transfer Fee Rebate: $150

That’s a total cash bonus of $175 if you request for at least one transfer fee rebate (Note: multiple fee reimbursements are allowed).

Eligible accounts: All account types including RRSP, TFSA, RESP and so on.

Criteria: To receive the cash bonus, you must make a minimum initial deposit of at least $500.

For the fee rebate, you must transfer a minimum of $5,000 to Wealthsimple to qualify for the reimbursement.

Wealthsimple Invest is the robo-advisory service from Wealthsimple. It is for those looking to invest in a hands-off, automated manner without the high fees of mutual funds.

The annual management fee is 0.50% for $100,000 in deposits and below, or 0.40% for higher deposits.

Other related promotions:

  • Questrade: $10,000 managed free for the first year when you open a Questwealth Portfolios account and fund your account (min: $1,000).

Wealthsimple Trade Referral Code – Up to $175

The Wealthsimple Trade app is Canada’s first commission-free trading app. Through the app, Canadians can trade thousands of Canadian and US listed Stocks and ETFs for $0 in commissions.

Use this Wealthsimple referral link to sign up for Wealthsimple Trade to receive a sign-up bonus of $25– the promo code is automatically applied.

Like Invest, Trade clients also get the $150 transfer fee rebate if they transfer their account from other brokerages.

Eligible accounts: All 3 account types on the Wealthsimple Trade app, i.e. RRSP, TFSA and taxable (non-registered) account

Condition: To receive the cash bonus, you must deposit and trade at least $150.

Other related promotions:

Wealthsimple Trade Free Stock Promotion – Up to $4,500

The Free stock promotion was recently introduced by Wealthsimple.

Under the promotion, new clients receive 2 free, randomly selected stocks when they sign-up to the trade app.

Eligible accounts: Non-registered account. That is, RRSP and TFSA are not eligible for the promotion.

Condition: To receive the cash bonus, you must deposit and trade at least $150.

The stocks have a value between $5 and $4,500 with an average of $20. And according to Wealthsimple, 90% of their clients will receive less than $50 in bonus.

Check this post about Wealthsimple Trade Promotion to learn more about the free stock promo.

Wealthsimple Crypto Referral Code – $50

The Crypto trading product was introduced to the Wealthsimple Trade app in 2020 to allow commission-free bitcoin and Ethereum trading.

Since then, it has grown to now support the trading of 25+ cryptocurrencies.

New clients can use this Wealthsimple Crypto referral link to sign up and receive a cash bonus of $50 after they fund and trade a minimum of $150.

Other related crypto exchange referral and promo codes in Canada includes:

  • Newton: $25 after trading at least $100
  • NDAX: $25 welcome bonus with a deposit of $100
  • Netcoins: $25 cash bonus after depositing $50
  • Coinsmart: $50 sign up bonus with a deposit of $100
  • Shakepay: $5 when you buy a minimum of $100 in crypto

Wealthsimple Cash Promo Code – $1

The Wealthsimple Cash app is a simple and free way to quickly send and receive money to/from your friends and family.

You can also make everyday purchases using the Wealthsimple Cash Card.

To get started, download the Cash app and sign up using this Wealthsimple Cash referral code “37QWMT” or this referral link to get a welcome bonus of $1.

Next, create your unique Dollar $ign (username), and start paying or get paid.

Related Promotions:

  • Koho: $20 cash bonus after your first transaction
  • Ampli: $5 bonus

Wealthsimple Tax Promo Code – $15

Wealthsimple Tax, formerly Simpletax, is one of the best free tax software in Canada.

No matter the complexity of your returns, you’ll find it to be robust enough to deal with many of the situations that most Canadian tax filers save.

And unlike the other tax software in Canada, Wealthsimple Tax will pay you a $15 bonus when you sign up using this referral link and file your taxes.

The best part is: Wealthsimple Tax is free – though you can choose to pay any amount you like.

Update: The Wealthsimple Tax Promo has expired.

Learn more: Wealthsimple Tax Promotion

Wealthsimple iPhone 15 Promo

For a limited time, Wealthsimple is offering its existing users iPhone 15 and iPhone 15 Pro.

To qualify for iPhone 15, you have to deposit or transfer at least $100k to your Wealthsimple account between November 1 to December 15, 2023.

If you want to grab the iPhone 15 Pro, you must deposit or transfer at least $200k to your Wealthsimple account within the said time frame.

FAQs: Wealthsimple Promotion

When is the Wealthsimple bonus paid?

The bonus will be paid into your account within 7 days of meeting of the promotion’s eligibility requirements.

How do I get a referral code for Wealthsimple?

Sign in to your Wealthsimple account or the relevant app for the product you make to refer your friends too. Go to the referral section or click the gift icon in the app. Next, copy your referral code or link and start sharing with your friends.

How do I get a free stock from Wealthsimple?

Sign up for a new non-registered account on Wealthsimple Trade using a referral link or Wealthsimple Trade referral code “WALETBLISS”. Fund the account and trade a minimum of $150 to receive the cash equivalent of 2 free stocks from Wealthsimple.

Is Wealthsimple cash legit?

Your deposits at Wealthsimple Cash are held at a CDIC member bank so it is safe and protected up to $100,000.

How do you get free money on Wealthsimple?

Sign up using a Wealthsimple referral link under any of its promotions to earn up to $175 in cash. You can also refer your friends and family to its products to earn extra cash.

Wealthsimple Referral Code – Summary

Here’s a table summarizing the different Wealthsimple promotions, how much you can receive and the eligibility criteria.

ProductBonusEligibilityReferral Code/Link
Invest$25Initial funding of at least $500Visit
Trade2 free stocksDeposit and trade a minimum of $150Visit
Crypto$25Deposit and trade a minimum of $150Visit
Cash$1Sign-up and verify your accountVisit (Code: 37QWMT)
Tax (expired)$15File your tax with Wealthsimple TaxVisit

Simon is a CPA by day and a Personal Finance Blogger by night. With over a decade experience in financial services, he's passionate about personal finance, investing and helping people take control of their financial life.

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