Terms and Conditions

Q4 Apple Deposit Campaign (the “Promotion”)

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

Promotion Period. From November 4, 2025 at 12:01AM ET to December 23, 2025 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 Reward (as defined below) is awarded:

• be a new or existing Wealthsimple Self-directed Investing, Managed Investing, Crypto, or chequing account (each a “Wealthsimple 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; and
• meet the requirements set out below.

(the “Client”).

Funding Period. The funding period begins at 12:01am ET on the day of the Client’s first registration of the Promotion during the Promotion Period and ends thirty (30) days after at 11:59pm ET (the “Funding Period”).

Qualifying Action. To participate in the Promotion, eligible Clients must: (i) first register for the Promotion during the Promotion Period via either: (a) the Promotion marketing materials, (b) a promotional card included within the Wealthsimple app, (c) the Wealthsimple website, or (d) an invitation from a Wealthsimple Business Development Representative, then (ii) initiate deposit(s) from a third-party financial institution, institutional transfer(s), or crypto transfer(s) from their existing investment account at a Canadian investment institution other than Wealthsimple, totaling $100,000 or more into a Wealthsimple Account during the Funding Period (“Qualifying Funding”). Funds must be received by Wealthsimple within ninety (90) days of the end of the Funding Period to be considered a Qualifying Funding. For greater certainty, transfers or deposits from entities affiliated with Wealthsimple, transfers between the Client’s Wealthsimple accounts, and transfers or deposits to Wealthsimple for Business Group Plan will not be considered a Qualifying Funding.

If the Client’s Wealthsimple Account is a Spousal RRSP or a joint account where there is a primary and secondary account holder, only the primary account holder will be considered the Client for the purpose of this Promotion, and any transfers to the Wealthsimple Account made by the secondary account holder will count towards the Net Funding Amount (as defined below) for the primary account holder. For greater certainty, the secondary account holder will not be eligible for a Bonus/Reward (as defined below).

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 Bonus (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 Bonus 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 Bonus.

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.

Reward. The reward (“Reward”) is based on the cumulative transfers and deposits amount into the Wealthsimple Account less withdrawals and any margin debit balances during the Funding Period (“Net Funding Amount”) in accordance with the chart below:

Other specifications of the Reward not noted in these terms are subject to availability. Wealthsimple reserves the right to substitute the specifications of the Reward if the Client’s preferred specifications are not available. Wealthsimple is not responsible for any costs associated with using the Reward. The Reward remains subject to change, at our sole discretion. Wealthsimple reserves the right, for any reason and in its sole discretion, to substitute and/or modify the Reward with another prize that is of equal or greater value. Limit of one (1) Reward per Client. 

If Wealthsimple, as determined at its sole discretion, suspects fraudulent behaviour or gaming the system including, but not limited to, making withdrawals prior to the Funding Period and subsequently depositing part or all of those withdrawals for the purpose of benefiting from this Promotion, Wealthsimple reserves the right to include such withdrawals in the calculation of Net Funding Amount, disqualify the Client from participating this Promotion and to take any other action it deems appropriate including, but not limited to, removing the Reward retail value from the Wealthsimple account(s), or closing their Wealthsimple account(s). For greater certainty, transfers made between Client’s Wealthsimple account will not affect the Net Funding Amount.

The Reward is non-transferable, non-exchangeable, non-refundable, and has no cash surrender value.

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 Net Funding Amount, disqualify the Client from participating this Promotion and to take any other action it deems appropriate including, but not limited to, removing the awarded Bonuses retail value from the Wealthsimple account(s), or closing their Wealthsimple account(s). For greater certainty, transfers made between Client’s Wealthsimple account will not affect the Net Funding Amount.

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

Delivery of Reward. Eligible Clients will be able to select their Reward, including the specification of the Reward, preference selection (if any) and mailing address, within thirty (30) business days of their Net Funding Amount being received by Wealthsimple (“Selection Window”). Once the Reward and specification are selected, they cannot be changed. If the Client fails to select their Reward within the Selection Window, the Reward will be considered forfeited and no Reward will be sent to the Client. Any unclaimed Reward, unresponsive communication, or Reward forfeiture will not be rewarded and has no cash value.

The Reward will be sent to the Client via postal mail. The mailing address must be a Canadian mailing address and cannot be a P.O. box address. The Client may incur shipping costs where the delivery location is outside of major metropolitan areas. No responsibility is assumed by Wealthsimple once the Reward has been shipped. No responsibility is assumed for any delivery returned as undeliverable. Client(s) bears all risks to the Reward upon delivery.

Hold Period. Unless specified herein, Clients who receive a Reward may not spend or otherwise remove: (i) the cumulative balance of the Client’s Wealthsimple account(s) as at the start date of the Funding Period, and (ii) more than 20% of the minimum cumulative Net Funding Amount required to obtain the Client’s applicable Reward from their Wealthsimple account(s) (“Withdrawal Limit”) for 730 days after the end of the Funding Period.

If a Client goes over the Withdrawal Limit, the Reward retail value as stated in these Terms & Conditions plus applicable taxes will be adjusted in accordance with the withdrawal amount proportionate to the Net Funding Account and number of months remaining until the Hold Period ends. Transfers between the Client’s own Wealthsimple account(s), withdrawals from the Home Buyers’ Plan or First Home Savings Account for the purpose of purchasing a home, annual mandatory minimum withdrawals from Life Income Fund or Registered Retirement Income Fund, and/or negative fluctuations in the Net Funding Amount solely due to market conditions are not to be counted towards the Withdrawal Limit. Withdrawals on any profits, dividends, interests or benefits otherwise derived from the Net Funding Amount, and withdrawals from a Multiple Holder Account by the secondary account holder will be counted towards the Withdrawal Limit.

Tax Implications. There may be tax implications to rewards of this nature. Please consult with an accountant or tax professional for additional guidance. Wealthsimple will not be issuing clients a tax slip to report Rewards issued. Clients are solely responsible for any required tax reporting.

Combinability. Unless specified in the terms of other promotions, this Promotion cannot be combined with other offers or promotion codes other than the Wealthsimple Referral Promotion, Wealthsimple x Pine Mortgage Cash Back Offer, Direct Deposit Incentive, Super Boost Referral Promotion, Wealthsimple Referral Ladder Challenge, 2025 Wealthsimple X Pine Home Giveaway, Gold 0% Spread Trading Fee Offer, Wealthsimple Solid Gold Giveaway and the Wealthsimple Crypto Over-the-Counter (OTC) Desk Offer.

If Client had previously registered for a non-combinable promotion and subsequently registers for this Promotion, all deposits and transfers eligible for this Promotion will count towards this Promotion and not the previously registered non-combinable promotion(s).

If Client has previously registered for a Promotion that they are currently receiving a Reward/Bonus for, participation in this Promotion will not be effected.

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

Collection and Use of Personal Information. By participating in this Promotion, Clients understand and agree that Wealthsimple will collect and use their personal information for the purpose of administering this Promotion (including providing information to Reward providers to fulfill the Reward) and in accordance with Wealthsimple’s Privacy Policy, available here. Any questions regarding Wealthsimple’s Privacy Policy or treatment of your personal information should be directed to Wealthsimple’s Privacy Officer at privacy@wealthsimple.com or 400-80 Spadina Avenue, Toronto, ON, M5V 2J4. For information about the privacy practices related to the collection and use of personal information by the Gift provider(s), please contact the Gift provider(s) for more information.

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.

Apple. Apple, the Apple logo, iPhone, MacBook Pro, MacBook Air and Mac Studio are trademarks of Apple Inc., registered in the U.S. and other countries and regions.

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 Reward 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.