Introductory Margin Rate Promotion (the “Promotion”)

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

Promotion Period. From September 15, 2026 at 12:01AM ET to October 15, 2026 at 11:59PM ET (the “Promotion Period”).

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

• be a new or existing Margin Account (a “Margin Account”) user, with all Wealthsimple accounts in good standing;
• be a legal resident of Canada;
• be the age of majority, or older, in their province/territory of residence; 
• have received an invitation to participate in this Promotion (an "Invitation") from Wealthsimple via the Wealthsimple app or email; and
• meet the requirements set out below.

(the “Client”).

Qualifying Action. To participate in the Promotion, and to receive a Margin Rate Rebate (as defined below), eligible Clients must register for the Promotion within the Promotion Period (a “Qualifying Action”). 

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. 

Margin Rate Rebate Period. The period to which a Client’s Margin Account is eligible for the Rate Rebate (as defined below) begins at the time the Client first registers for the Promotion and ends ninety (90) days later at 11:59PM ET (the “Rebate Period”). 

After the Rebate Period ends, the Clients Margin interest rate will return to the Standard Margin Interest Rate (as defined below).

Margin Rate Rebate. Registered Clients will receive a 0.5% rebate of the Standard Margin Interest Rate (as defined below) based on the Clients tier (the “Rate Rebate”) for the Rebate Period, on withdrawals from their Margin Account up to a maximum of $500 CAD.

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 Rebate per Client per eligible Margin Account.

Application of Rate Rebate. Please allow up to five (5) business days following the end of the month, for the Rate Rebate to be applied to the Client’s respective Chequing account in accordance with these terms and conditions. All Wealthsimple account(s) must be in good standing at the time the Rebate is applied.

In order to receive the Rate Rebate, the 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 Rate Rebate is issued will have ninety (90) days to open a Chequing account. Any Rate Rebate not applied to a Chequing account will expire after ninety (90) days of issuance and any expired Rate Rebate will be considered forfeited by the Client. Wealthsimple is not liable for any forfeited Rate Rebate and any forfeiture will not be reissued. 

For greater certainty, a Client will be charged the Standard Rate of interest on their Margin Account for the duration of the Rebate Period, and will receive a promotional payment into their Chequing account of the Rate Rebate. 

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

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.