Wealthsimple Referral Code: How to Get a $25 Cash Bonus

Wealthsimple is Canada's most popular online investing platform, and it has earned that title for good reason. It combines commission-free stock and ETF trading, automated investing, a high-interest cash account, and even cryptocurrency — all in one clean, easy-to-use app. For new users, the Wealthsimple referral program adds a $25 cash bonus just for signing up and making a small deposit.

If you are thinking about opening a Wealthsimple account, here is everything you need to know about the referral program and how to make the most of it.

Wealthsimple Referral Code

Use referral code US0EBW when signing up — claim the Wealthsimple bonus.

How the Wealthsimple Referral Program Works

The Wealthsimple referral bonus is one of the most straightforward in Canadian investing:

Sign up for a new Wealthsimple account using referral code US0EBW
Deposit at least $100 into your account within 30 days of opening
Keep the funds in your account for a minimum of 30 days
Receive a $25 cash bonus deposited directly into your account within 3 business days

The $100 minimum deposit is low compared to most investing platforms, making this one of the easiest bonuses to unlock in Canada. Once received, the $25 can be used to buy stocks or ETFs, held in your cash account, or withdrawn.

Where to Enter the Wealthsimple Referral Code

The referral code US0EBW is entered during the account registration process. Here is how:

Go to wealthsimple.com or download the Wealthsimple app
Click "Get Started" and begin the sign-up process
When prompted, enter referral code US0EBW in the referral code field
Complete identity verification
Deposit at least $100 within 30 days

Important: The referral code must be entered before your account is fully created. It cannot be applied retroactively once your account is open, so make sure to enter it during sign-up.

What Can You Do With Wealthsimple?

Wealthsimple has grown well beyond a simple trading app. Here is what is available on the platform today:

Wealthsimple Trade is the self-directed investing side of the platform. It offers commission-free buying and selling of Canadian and US stocks and ETFs. There are no account minimums, and you can hold your investments in a TFSA, RRSP, FHSA, or non-registered account.

Wealthsimple Cash is a high-interest spending and savings account. It comes with a prepaid Visa card, instant peer-to-peer transfers, and competitive interest rates on your balance — making it a solid alternative to a traditional bank account for everyday spending.

Wealthsimple Crypto lets you buy and sell Bitcoin, Ethereum, and a selection of other cryptocurrencies directly within the app. It is regulated by Canadian securities authorities, making it one of the safer ways to get crypto exposure in Canada.

Wealthsimple Invest is the robo-advisor offering. You answer a few questions about your goals and risk tolerance, and Wealthsimple builds and manages a diversified ETF portfolio for you automatically. It is ideal for hands-off investors who want to set it and forget it.

Account Types Available

One of Wealthsimple's biggest strengths is its support for all major Canadian registered accounts:

TFSA (Tax-Free Savings Account) — investment growth and withdrawals are completely tax-free
RRSP (Registered Retirement Savings Plan) — contributions are tax-deductible, and growth is tax-deferred
FHSA (First Home Savings Account) — a newer account combining TFSA and RRSP benefits for first-time homebuyers
RESP (Registered Education Savings Plan) — save for a child's post-secondary education with government grants
Non-registered accounts — no contribution limits, but gains are taxable

For most Canadians just starting out, opening a TFSA first is usually the right move. Any gains you earn — including your $25 referral bonus — grow completely tax-free inside a TFSA.

Is Wealthsimple Safe?

Yes. Wealthsimple is regulated by CIRO (Canadian Investment Regulatory Organization) and is a member of the Canadian Investor Protection Fund (CIPF). This means your eligible investments are protected up to $1 million per account category in the unlikely event that Wealthsimple became insolvent.

Wealthsimple was founded in 2014 and has grown to manage over $30 billion in assets. It is backed by major institutional investors and is one of the most established fintech companies in Canada.

How Does Wealthsimple Compare to Other Platforms?

Wealthsimple is an excellent all-around platform, but it is not the only option. Here are a few alternatives worth considering depending on your needs:

Questrade — $50 cash bonus with a $250 deposit. Better for active traders who want access to options and more advanced order types. Use code 645729798488332 — Questrade bonus
Moomoo Canada — Up to $300 in rewards. Canada's first AI-powered brokerage with advanced charting and Level 2 data. Moomoo bonus
Neo Financial — Up to $35 bonus. A great no-fee credit card and everyday banking option to pair with your investing account. Use code E6B8C9Y7 — Neo Financial bonus

That said, Wealthsimple's combination of low deposit minimum, clean interface, and breadth of account types makes it the best starting point for most Canadians.

Verdict

If you are a Canadian looking for a simple, trusted, and full-featured investing platform, Wealthsimple is hard to beat. The $25 referral bonus is easy to earn with just a $100 deposit, and the platform gives you everything you need to start building long-term wealth — from commission-free ETF trading to automated portfolios and registered accounts.

Use referral code US0EBW and claim your Wealthsimple bonus when you open a new account today.