Claim Your $25 Free
Wealthsimple Bonus

The current Wealthsimple referral code is NLX83A. Enter it during signup or use our direct referral link above, which applies the code automatically. This gets you a $25 cash bonus after your qualifying $100 deposit.

Yes — Wealthsimple uses all of these terms interchangeably. Whether you're searching for a Wealthsimple promo code, sign-up code, welcome code, discount code, or invite code, they all refer to the same thing: a code you enter at signup that gives you a cash bonus. The code NLX83A is the one that's currently active. Enter it during signup or in the 🎁 Gift Box in the app within 7 days of your first deposit.

At Wealthsimple, there's no meaningful difference. "Referral code," "promo code," "promotional code," and "invite code" all refer to the same entry field and the same $25 signup bonus. Occasionally Wealthsimple also runs separate transfer promotions (like asset match deals) — those are different offers you opt into separately, and they can be stacked on top of the referral bonus.

As of February 25, 2026, the minimum qualifying deposit is $100 (updated from the previous $1 minimum). You must deposit at least $100 from an external financial institution within 30 days of opening your account. The $25 bonus is typically credited within 24 hours of your deposit clearing. Note: deposits from within the Wealthsimple ecosystem don't count — it must come from your bank.

Yes — but time matters. If you've already made your first deposit, you have a 7-day window from that deposit to add the code in the app (tap 🎁 → "Have a Code?"). After 7 days, the option disappears and can't be added even by Wealthsimple support. If you haven't made any deposits yet, there's no time limit — add the code any time, then fund within 30 days of applying it. Full tutorial →

The $25 referral bonus has a 180-day hold period — you can see it in your account but can't withdraw it for roughly 6 months. This is standard practice to prevent abuse. Your original deposit is accessible normally; only the bonus amount is held. If you withdraw your deposit before 180 days, Wealthsimple may claw back the bonus.

Wealthsimple does not issue a T4A slip for referral bonuses. However, the CRA may consider cash bonuses taxable income, and you are ultimately responsible for reporting it. The $25 is a small amount but worth noting. Any interest you earn on the bonus while it sits in your Cash account may generate a separate T5 slip. When in doubt, consult a tax professional.

Yes — the referral bonus applies when opening any new Wealthsimple account, including TFSA, RRSP, FHSA, and non-registered investment accounts. You only need to open one qualifying account to get the $25.

Yes — Wealthsimple is a Canadian platform and the referral bonus is only available to Canadian residents of legal age in their province. You'll need a valid SIN (Social Insurance Number) to open an account.

No. InvestReferrals.ca is an independent Canadian site. We may earn a referral reward when you sign up through our link — this is how the Wealthsimple referral program works for any user who refers someone. We're not sponsored by or affiliated with Wealthsimple Inc.