Custom Margin Rate Reduction Promotion (the “Promotion”)

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

Promotion Effective Date. This Promotion effective on August 31, 2026 at 12:01am Eastern Time (ET) (the “Promotion Effective Date”).

Eligibility. To be eligible for the Promotion, the person must, at the time of participation, including when the Rate Reduction (as defined below) is awarded:

• be invited to participate in this Promotion by Wealthsimple;
• be a new or existing Wealthsimple Margin (each a “Margin Account”) user, with all Wealthsimple accounts in good standing;
• be a legal resident of Canada (excluding Quebec);
• be the age of majority, or older, in their province/territory of residence; and
• meet the requirements set out below. 
  (the “Client”).

Incentives. To qualify for the Custom Rate Reduction (as defined below), eligible Clients must (i) accept the Custom Offer (as defined below) within thirty (30) days of receiving the invitation to participate in the Promotion (the “Qualification Period”), then (ii) then complete a Qualifying Transfer (as defined below) during the Qualification Period.

Qualifying Transfer. To participate in the Promotion, eligible Clients must initiate a qualified institutional transfer(s), margin transfer(s) or crypto transfer(s) totalling $25,000 or more from their existing investment account(s) at a Canadian investment institution other than Wealthsimple to a Wealthsimple Account during the Qualification Period (a “Qualifying Transfer”). 

Qualifying Transfers may consist of multiple transfers so long as the total meets the $25,000 minimum requirement. Transfer(s) must be initiated within thirty (30) days of being invited to participate in the Promotion. For greater certainty, the value of the transaction is taken from the date in which the transfer completes into the Wealthsimple account. Funds must be received by Wealthsimple within ninety (90) days of the end of the Qualification Period to be considered as a Qualifying Transfer for the Rate Reduction (as defined below). For greater certainty, deposits into the Client’s Wealthsimple accounts, transfers from entities affiliated with Wealthsimple, transfers between the Client’s Wealthsimple accounts, and Wealthsimple for Business Group Plan transfers and deposits will not be considered a Qualifying Transfer. 

If the Client's Wealthsimple account is an RESP, a Spousal RRSP, or a joint account (each a "Multiple Holder Account") where there is a primary and secondary account holder, the primary account holder must be the individual registered for the Promotion to be eligible for the Rate Reduction (as defined below). Registrations by a secondary account holder in their capacity as a secondary account holder for a Multiple Holder Account are not considered valid registrations for the purpose of this Promotion. When the primary account holder is registered for the Promotion, any transfers, deposits, or withdrawals to and from the Wealthsimple account made by the primary or the secondary account holder will count towards the calculation of the Net Funding Amount (as defined below) for the primary account holder. Any Rate Reduction applied per these terms and conditions would be towards the primary account holder. For greater certainty, the secondary account holder will not be eligible for a Rate Reduction.

There are no fees associated with the creation of a Wealthsimple Account. A Client can open a Wealthsimple Account by visiting https://www.wealthsimple.com/en-ca and following the instructions on how to create an account. Further details on transferring an account to Wealthsimple can be found at https://wsim.co/transfer-account. 

Transfer Fee from External Institutions. There may be fees charged by an institution outside of Wealthsimple for the transfer of the Client’s account(s) to Wealthsimple. Wealthsimple will automatically reimburse the transfer-out fee per account from an institution if the Client’s Qualifying Transfer is equal to or greater than $25,000 in a single account transfer. For further details and conditions, please visit https://wsim.co/fee-reimbursement.

Rate Reduction Period. The period to which a Client’s Margin Account is eligible for the Custom Offer (as defined below) begins at the time the Client first completes a Qualifying Transfer, and ends at a period specified in the Client's individual Custom Offer as defined in the Wealthsimple app, but will last for a period of at least thirty (30) days later at 11:59PM ET (the “Rate Reduction Period”).

Custom Rate Reduction. Invited clients who complete the Qualifying Transfer will receive a Custom Offer within the Wealthsimple app. The Custom Offer may be different for every client. The Client will be presented with their own customised reduced Margin Rate of the Standard Margin Interest Rate (as defined below) as well as a customised Rate Reduction Period of at least thirty (30) days (together the “Custom Offer”). 

Wealthsimple’s Standard Margin Interest Rate is P-0.5% for Generation clients, P+0% for Premium clients, and P+0.5% for Core clients (the “Standard Rate”). Prime rate is 4.45% for CAD and 6.75% for USD as of December 11, 2025. Subject to change. Annualized rate, calculated daily, charged monthly. 

Maximum one (1) Rate Reduction per Client per eligible Margin Account.

Application of Custom Offer. The Custom Offer will be applied directly to the Client’s Margin Account at the end of each month for the Rate Reduction Period, the Custom Offer will also be applied in accordance with the Margin Account terms and conditions.  All Wealthsimple accounts must be in good standing at the time the Custom Offer is applied. For greater certainty, a Custom Offer will only be issued on a Margin Account that has completed a Qualifying Action within the Qualification Period.

Gamification or Fraudulent Behaviour. If the Client makes withdrawals prior to the Qualification Period, regardless of whether part or all of those withdrawals are subsequently deposited back for the purpose of benefiting from this Promotion, or if Wealthsimple, as determined at its sole discretion, suspects fraudulent behaviour or gaming the system, Wealthsimple reserves the right, to include such withdrawals in the calculation of the Net Funding Amount, to disqualify the Client from participating in this Promotion and to take any other action it deems appropriate including, but not limited to, removing the awarded Bonus from the Client’s Wealthsimple account(s), or closing their Wealthsimple account(s). For greater certainty, transfers made between a Client's own Wealthsimple account(s) will not affect the Net Funding Amount.

Combinability. Unless specified in the terms of other promotions, this Promotion can be combined with other offers or promotion codes. It cannot, however, be combined with the 3% Active Trader match.

If, after receiving a commitment letter pursuant to this Promotion, the Client subsequently registers for another non-combinable promotion(s), please refer to the terms for those promotion(s) for details.

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 or receipt or use of a Reward. 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) (collectively, the “Claims”) 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 any Reward in their Wealthsimple account or the receipt or use of any Reward; 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 or receipt or use of any Reward. Any Claims (including without limitation and by way of example only, product liability claims or misleading advertising claims) related to a Reward should be directed to the Reward provider and not Wealthsimple and without limiting the generality of the foregoing, the Client releases the Releases from all Claims and liabilities with respect to any and all Reward.

Margin Lending Disclosure. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. 

An investment strategy that uses borrowed money could result in far greater losses than an investment strategy that does not use borrowed money. There may also be tax consequences to you if assets in your account must be sold in order to meet any obligations to repay the borrowed money or any interest owing.

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 Rebate 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 Promotion.

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.

Wealthsimple Trade is offered by Wealthsimple Investments Inc. (“WSII”). WSII is a member of the Canadian Investment Regulatory Organization. Customer accounts held at WSII are protected by Canadian Investor Protection Fund (“CIPF”) within specified limits in the event WSII becomes insolvent. A brochure describing the nature and limits of coverage is available upon request or at CIPF.