Super Referral Boost Promotion (the “Promotion”)

This Promotion is sponsored by Wealthsimple Technologies Inc. (together with its affiliates  “Wealthsimple”). 

Promotion Effective Date. This Promotion effective on March 14, 2025 at 12:01am Eastern Time (ET) (the “Promotion Effective Date”).

Eligibility for Referrer. To be eligible for the Promotion and to receive a Bonus (as defined below), the person must:

• be an existing Wealthsimple account user, with all Wealthsimple accounts in good standing at the time of participation and when the bonus is issued;
• be a legal resident of Canada at the time of participation and when the bonus is issued;
• be the age of majority or older, in their province/territory of residence at the time of participation; 
• be a recipient of an invitation from Wealthsimple to participate in this Promotion; and
• meet the requirements set out below

(the “Referrer” ).

Eligibility for Referee. To be eligible as a referee, the referred individual must:

• be a legal resident of Canada;
• be the age of majority, or older, in their province/territory of residence at the time of participation, including when the Bonus is applied; 
• not have previously registered for or created any Wealthsimple Self-directed Investing, Crypto, Managed Investing, or Chequing account (each a “Promotion Account”);
• meet the requirements for registering a Promotion Account; and
• meet the referral requirements set out below

(the “Referee”, together with Referrer, the “Clients”).

Qualifying Referral. To qualify for this Promotion, the Referee must fund at least CAD$1 to the Promotion Account. There are two instances to qualify for the Bonus (as defined below) (a “Qualifying Referral”):

Unfunded Promotion Account: Referee who has not funded their Promotion Account but applied the Referrer’s promo code must fund their Promotion Account within thirty (30) days. In the event the Referee did not apply the Referrer’s promo code within the allotted time, Referee must apply the promo code again when funding in order for this to be considered a Qualifying Referral in accordance with the below. 

Funded Promotion Account: Referee who has funded their Promotion Account has seven (7) days after funding to apply the Referrer’s promo code in order to be considered a Qualifying Referral.

Bonus. A cash bonus of CAD$75 will be awarded to the Referrer for each Qualifying Referral, and a cash bonus of CAD$25 will be awarded to the Referee on the Qualifying Referral (each a “Bonus”). There is no limit to the number of Bonus a Referrer can get so long as each Qualifying Referral is an unique Referee. 

Application of Bonus. In order to receive a Bonus, each Client must have a Wealthsimple Chequing (“Chequing”) account that is in good standing. Clients who do not have a Chequing account by the time a Bonus is issued will have thirty (30) days to open a Chequing account. Any Bonus not applied to a Chequing account will expire after thirty (30) days of issuance and any expired Bonus will be considered forfeited by the Client. Wealthsimple is not liable for any forfeited Bonus and any forfeiture will not be reissued. 

The Bonus will be applied to the Client’s Chequing account which the Chequing card is linked to within twenty-four (24) hours after the successful Qualifying Referral in accordance with these terms and conditions. 

This Bonus is non-transferrable, and cannot be applied retroactively. The Bonus remains subject to change, at Wealthsimple’s sole discretion.

Unless specified in the terms of other promotions, this Promotion can be combined with other offers or promotion codes other than the Wealthsimple Referral Promotion.

There are tax implications to bonuses of this nature in most instances. Please consult with an accountant or tax professional for additional guidance. Wealthsimple will not be issuing clients a tax slip to report Bonuses paid. Clients are solely responsible for any required tax reporting.

Hold Period. Clients who receive any Bonus must keep the Bonus in their Wealthsimple account for one-hundred and eighty (180) days from application of the Bonus or the Bonus may be deducted from their final withdrawal amount or otherwise recovered by Wealthsimple.

Currency. All currency shown in these terms and conditions are in Canadian dollars.

Release. By participating in the Promotion, Client assumes all risk of injury, illness, disease, death, or any other damage which may arise in connection with their participation in the Promotion. Without limiting the foregoing, Client hereby: (a) forever releases and discharges Wealthsimple and its parent companies, subsidiaries, affiliates, related and associated entities and employees, directors, officers, suppliers, agents, sponsors and administrators of each (collectively, the “Releasees”), from and against any and all claims, actions, costs, liabilities, judgments, damages, obligations, losses, penalties, and expenses of any kind or nature whatsoever (including legal fees)in any way arising directly or indirectly out of any injury, loss, or damage that the Client may suffer as a result of, or in connection with the participation in the Promotion or any promotion-related activity, including the posting of the Bonus in their Wealthsimple account and subsequent use of the Bonus; and (b) indemnifies, defends and holds harmless the Releasees from and against any and all damages, loss and expenses, including legal fees, which may be suffered directly or indirectly by reason of the Client’s own negligence or willful misconduct during or in connection with their participation in the Promotion.

Referral Arrangement Disclosure. During the Promotion, participants are effectively entering into a referral arrangement with Wealthsimple, whereby Wealthsimple will apply a Bonus into a Wealthsimple account in accordance with these terms and conditions.  The names of each party entering this agreement are disclosed on the application at the time of the referral. We have adopted policies and procedures to assist us to identify and control any conflict of interest that we may face. If a referral is made to a registrant, all activity requiring registration resulting from the referral arrangement will be provided.

General. Wealthsimple reserves the right to cancel, amend, withdraw or restrict the Promotion at any time without notice. Wealthsimple is the sole arbiter of these rules and any other issue arising under the Promotion. If Wealthsimple suspects fraudulent or abusive behaviour, gaming of the system, inappropriate, offensive or derogatory language or information or a violation of these terms, as determined in Wealthsimple’s sole and absolute discretion, Wealthsimple reserves the right to remove all promotions from the Wealthsimple account(s) and take any other action it deems appropriate including, but not limited to, removing the Bonus or closing the Wealthsimple account(s). This Promotion cannot be used in conjunction with any other promotional offer, unless specified herein. An invitation to participate in this Promotion does not provide assurance that you will be accepted as a customer of Wealthsimple. This Promotion is only valid for individuals in the location cited above that otherwise meet our eligibility requirements. The standard terms (https://www.wealthsimple.com/en-ca/legal/terms) relating to the use of Wealthsimple and any agreements that apply to the Wealthsimple account(s) each apply and are not affected in any way by this offer.

In the event of any discrepancy or inconsistency between the terms and conditions of the Promotion and disclosures or other statements contained in any related materials, including but not limited to the point of sale, print or online advertising, the terms and conditions of the Promotion shall prevail, govern and control.