Sign up with our referral code, deposit $100 from your bank, and $25 cash lands in your account within 24 hours. No credit card. No catch.
Click the link above and code 7-MDUG is applied automatically — or enter it manually when creating your account.
Transfer at least $100 from an external bank account within 30 days. Must come from outside Wealthsimple.
Your bonus is deposited into your Wealthsimple Chequing account within 24 hours of your deposit clearing.
Platform overview
Buy and sell Canadian and US stocks and ETFs with zero commission. Fractional shares from $1.
Let Wealthsimple invest for you with automatic rebalancing. Low 0.4–0.5% annual fee.
TFSA, RRSP, FHSA, RESP, and non-registered accounts — all supported, all free to open.
Buy Bitcoin, Ethereum, and other cryptocurrencies alongside your stock portfolio in one app.
| Your Situation | Eligible? |
|---|---|
| Never signed up for Wealthsimple | ✓ Yes |
| Signed up but never deposited | ✓ Yes — add code anytime |
| Deposited within the last 7 days | ✓ Yes — add code now |
| Deposited more than 7 days ago | ✗ No longer eligible |
| Already used a referral code | ✗ One bonus per account |
Canadians trust Wealthsimple with their money
Commission on every stock and ETF trade
CIPF protection on your investments
Typical time for your $25 bonus to arrive
Guides & Resources
Can you add a referral code after signing up?
Yes — but there is a 7-day deadline. Here is exactly how.
TroubleshootingWealthsimple referral code not working?
Exact reasons it fails and how to fix each one.
ComparisonWealthsimple vs Questrade 2026
Which is better for Canadians? Honest side-by-side.
TFSAWealthsimple TFSA review 2026
Is it worth opening a TFSA at Wealthsimple?
RRSPWealthsimple RRSP review 2026
Stop paying $9.95 per trade at your bank.
View all 12 guides →
TFSA, RRSP, comparisons, troubleshooting and more
The current code is 7-MDUG. Enter it when creating your account or click the referral link and it is applied automatically. Verified June 2026.
A flat $25 CAD cash, deposited to your Wealthsimple Chequing account within 24 hours after you deposit $100 or more from an external bank.
Yes — if you have never funded your account, you can add a code anytime. If you deposited within the last 7 days, open the app, tap the gift icon, go to Rewards Centre, and enter 7-MDUG. After 7 days the window closes permanently.
At least $100 CAD from an external bank account within 30 days of opening your account. Transfers from within Wealthsimple do not count.
Yes. It applies when you open any eligible Wealthsimple account — TFSA, RRSP, FHSA, non-registered, or Cash — as long as you fund it with $100 or more from an external bank.
Yes. Sign up with referral code 7-MDUG first to lock in your $25 bonus, then separately enroll in the 1% Match promotion before initiating a transfer of $25,000 or more. Both bonuses apply to the same account.
Stocks and ETFs (commission-free), managed portfolios (0.4–0.5% annually), crypto, and cash savings. All major registered accounts are supported: TFSA, RRSP, FHSA, RESP, and non-registered accounts.
Yes. Once you have a Wealthsimple account, you get your own referral code in the Rewards Centre. Share it with friends and you both earn a bonus when they sign up and deposit $100 or more.
No. There is no minimum balance to open or maintain any Wealthsimple account. You can start investing with as little as $1.
Yes. Regulated by IIROC and a member of CIPF, which protects investments up to $1 million. Canada’s largest online investment platform with over 3 million users.
Sign up in 5 minutes, deposit $100, get cash. Canada’s easiest free money.